The Taiwan Stock Exchange (TWSE) started implementing the Corporate Governance Evaluation System four years ago. The system, including its evaluation indicators, scoring scheme and evaluation results, has received significant attention from TWSE and TPEx listed companies. To augment their understanding of the content of the 2018 Corporate Governance Evaluation System, encourage them to adopt better corporate governance practices, improve the quality of the shareholder’s meeting  and in response to the mandatory e-voting requirements of listed companies, the TWSE , and TPEx will hold five educational seminars in Taipei, Hsinchu, Taichung and Kaohsiung starting on March 1, 2018.
　
The TWSE stressed that, for the 2018 Corporate Governance Evaluation System, there are many significant changes to evaluation indicators. The five categories, for example, will be integrated into four categories. Their corresponding weight has been adjusted accordingly. To better differentiate performance, the scoring system has also been adjusted and the indicators are categorized into six main types: A, AA, A+, B, extra credit and point deduction. Type AA indicators, which are newly added this year, award extra points to companies that have satisfied certain requirements. For example, “Did the company file its annual financial reports within 2 months from the end of the fiscal year?” will be awarded one additional point to the total score. Type A+ indicators, also new this year, award extra points depending on the level of achievement. Companies that satisfy the requirement “Did the company disclose the annual emissions of CO2 or other greenhouse gases (GHG) for the past 2 years?” will receive points in the category. If such information has been verified by an external institution, additional point(s) will be added to the total score. All companies, therefore, are encouraged to develop relevant plans as soon as possible.
　
In addition to focusing on the revised content of evaluation indicators, the TWSE has also invited representatives of the Taiwan Depository & Clearing Corporation to further expand on the e-voting practices, including regulatory requirements, influence to the shareholders’ meeting and other matters requiring attention when administering e-voting.
　
The TWSE pointed out that, since the implementation of the Corporate Governance Evaluation System in 2014, all TWSE and TPEx listed companies in Taiwan have made significant progress in this aspect. The system has also received wide attention from foreign organizations and investors. As the content of the upcoming educational seminars matches practical needs, over 2,000 people have enrolled for the seminars and space is quickly closing. The TWSE reminds all listed companies to sign up as early as possible on the TWSE website at https://act.twse.com.tw/R1070206/ .