The paradigm shift is likely to disturb and shake up our conventional thinking, but authorities should stop dithering and start educating businesses and consumers on the value of using raw materials in the smartest possible way.
“What’s cool about Taiwan is that it’s got both the mountains and the sea. A city like Taipei has the beautiful forests of Yangmingshan, and just half an hour down the mountain is the gorgeous coast. It’s stunning,” exclaims German national Eckart Mayer, the top executive at a leading automobile importer to Taiwan.
Compared with previous years, Taiwanese enterprises made greater progress on the CSR front this time. In 2017 alone, companies poured NT$8.2 billion into charitable donations. The companies that made it into the top 100 corporate citizens employ a total of 460,000 people, accounting for only four percent of Taiwan’s employed workforce. However, these companies generate annual revenue in excess of NT$14 trillion, or 80 percent of the island’s GDP.
For the third year in a row, Delta Electronics has defended its top spot in the CommonWealth Magazine Corporate Citizen Awards rankings of large enterprises. The electronics company’s outstanding performance shows that corporate social responsibility (CSR) is not a question of good timing; the time is always right to do the right thing, i.e. moving forward with the CSR agenda.
Mercedes-Benz Taiwan, the country’s leading seller of luxury automobiles, continues to rack up sales records year after year. Despite being a foreign corporation, MBT has given back to society through two locally attuned programs.
The textile industry is notorious for using vast amounts of water throughout its milling processes, putting an enormous strain on the planet’s dwindling water resources. But Far Eastern New Century Corp. has had the foresight to invest in a novel “water-free dyeing” technique, saving resources and cutting costs.
From a minor volleyball tournament to one of the biggest sporting events in Taiwan, the Yung Shin Cup is a prime example of private corporate sports sponsorship. Boosting the local economy and community development, the tournament is a platform of exchange for the sports and health communities.
Apple is quietly going green, including making new products out of recycled materials and pushing a 100 percent renewable energy goal for its own stores and suppliers. With Taiwan a critical part of Apple’s supply chain, how will it adapt?
Tainan-based Lucidity Enterprise proves every day that corporate social responsibility transcends deep pockets and resources and that a few simple ideas can make a real difference within a company and throughout society.
CommonWealth Magazine’s Corporate Social Responsibility Awards include the “small giant” category for the first time this year to acknowledge CSR efforts that often outshine those made by Taiwan’s large corporations and foreign enterprises.
A spate of transportation and industrial mishaps in Taiwan this year has demonstrated the prime importance of corporate governance. Winners of CommonWealth's Citizenship Awards showed how to do it the right way.
The winners of CommonWealth Magazine's newest corporate citizenship awards have begun to reap the benefits of sound CSR practices, demonstrating that what's good for society may also be good for business.
The annual awards for corporate social responsibility identify companies with the traits that sustain competitiveness. This year's poll found that the frontrunners not only value "profit," but also "people" and the "planet."
With their small scale and limited resources, isn't it too much to ask SMEs to go full bore on corporate social responsibility? Planet Technology and Merry Electronics are proof positive that SMEs can make a difference.
Adopting public parks, conducting ecological surveys, revitalizing historical sites, caring for the elderly – one company plays a leading role in safeguarding Tainan's heritage. What are its motivations?
In CommonWealth Magazine's annual survey of Taiwan's top corporate citizens, Delta Electronics edged TSMC by the slimmest of margins for the top spot, an indication of just how fierce a battleground corporate social responsibility has become.
Whether bringing science education to 34 elementary schools with a mobile science van, or helping reconstruct classrooms in the wake of Typhoon Morakot, Bayer Taiwan combines know-how and passion for a different kind of public service.
CommonWealth Magazine's survey of Taiwan's top corporate citizens found that in these trying times, being socially responsible is more than a way to build an image or give back to society; it is now critical to reviving sagging bottom lines.