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Delta Receives Corporate Governance Award from the Taiwan Stock Exchange

By Delta on September 28th, 2015
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Delta Receives the First “Corporate Governance Evaluation Award” from the Taiwan Stock Exchange

Delta was honoured with the first corporate governance award presented by the Taiwan Stock Exchange (TWSE). The TWSE presented the award to listed companies that ranked in the top 5% of its first corporate governance evaluation. The award attests to Delta’s outstanding performance in several evaluation areas including implementing corporate governance policies, protecting stakeholder interests, enhancing the functionality of the Board of Directors, improving information transparency, and fulfilling corporate social responsibilities.

Delta’s major achievements in corporate governance include:

  • strengthening the roles of the board of directors in supervision and balancing;
  • establishing a Remuneration Review Committee and Audit Committee;
  • continuously increasing the Group’s total profits, reaching USD7.52 billion in 2014;
  • driving innovation with increased R&D investment, exceeding 6.5% of revenues in 2014;
  • selection as a “Top 20 International Brand in Taiwan” for four consecutive years;
  • achieving a brand value of USD170 million in 2014, a 24% growth from 2013;
  • receiving the highest ratings (A++) for information disclosure numerous times; and
  • selection for the DJSI (Dow Jones Sustainability Indices) for four consecutive years.

Delta is also the only company in the Greater China Area which has been included in the Climate Performance Leadership Index (CPLI) of the Carbon Disclosure Project (CDP). Delta Electronics’ dedication to fulfilling its corporate social responsibility continues to be widely recognized, honored, and appreciated throughout the world.

This is the first time that the TWSE has organized a corporate governance evaluation of the 1,539 TWSE or GTSM listed companies in Taiwan. The evaluation was conducted based on five major criteria, including “Protecting shareholders’ interests”, “Fair treatment of shareholders”, “Structure and operation of the board of directors”, “Level of information transparency” and “Protecting the rights and interests of interested parties and fulfillment of social responsibilities”. For the evaluation results, the TWSE announced the names of the companies in the top 20%, and then granted awards to the top 5% of the most outstanding companies, which included 40 TWSE-listed and 30 GTSM-listed companies. Another 15 companies received an “Award for Improvement in Staff Remuneration”. A total of 85 companies were cited for their excellent achievements in corporate governance. The event was organized to encourage all listed companies to share their best practices and improve the corporate governance standards of Taiwan’s capital markets.