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Taiwan's Evergreen is honoured for corporate governance

Author: Posttime:2017-05-27 11:20:03

EVERGREEN Marine Corporation (EMC) has been ranked among the top five per cent of all Taiwan-listed companies for the third consecutive year, making it is the only shipping company recognised for such excellent performance. 

Honouring outstanding contributions in this realm, the Taiwan Stock Exchange TWSE presented the award to the carrier's executive vice president Eric Hsieh at a ceremony held at the Taipei International Convention Centre. 
In line with global trends, the exchange's third annual corporate governance evaluation of both listed and over-the-counter (OTC) companies in Taiwan highlights the importance of corporate governance, and requires both listed and OTC companies to disclose not only financial data but also non-fiscal information. 
The KPIs included in this evaluation assess protection of shareholders' rights; equitable treatment of shareholders; board composition and management; information transparency and corporate social responsibility. 
This year a total of 843 listed and 653 OTC companies were appraised. Among the listed companies, as few as 21 joined EMC in achieving a rank in the top five for the third year in a row. 
In order to fulfil the requirements to attain a high standard of corporate governance, EMC invited senior accountants and lawyer to join the company's board as independent directors, calling upon their expertise to strengthen the board's managing and supervising functions. 
With regards to information transparency, EMC publishes an annual corporate social responsibility (CSR) report in addition to financial statements. 
The report enables EMC's stakeholders, including investors, customers and service partners to understand the implementation of the company's policies related to corporate social responsibility, business integrity, competition compliance, and the comprehensive welfare of its employees. 
According to Evergreen Group founder and chairman YF Chang, "The ultimate goal of an enterprise is to contribute to the well-being of human life and to give back to society."
EMC adheres to this philosophy, applying it in practice through support of various charities and social well-being activities. In 2016 EMC continued in its efforts to sponsor charitable activities that illustrate the company's commitment to this philosophy. 
In the aftermath of the earthquake near Tainan city in southern Taiwan, EMC supported the relief efforts of Chang Yung-Fa Foundation, the charity started by the group in honour of its founder. In addition, EMC also offered aid for the care of a search and rescue dog injured in the line of duty, supporting its training and the equipment needs for future rescue missions. 
Full details of Evergreen's initiatives to mitigate its carbon footprint are available on the 'Environmental Guardian' section of Evergreen Line's website.
 
 
source:Schednet
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