Taiwan Depository & Clearing Corporation

In line with the Financial Supervisory Commission's goal of achieving net zero emissions in the global securities market by 2050, TDCC has established the "eNotice Platform" for electronic notification services for dividend distribution for TWSE-listed, TPEx-listed, and emerging stock companies, as well as publicly traded companies with share registrar agents. The platform will officially launch on June 30, 2023.

Han-Chiang Chu, Chairman of TDCC, stated that in conjunction with the launch of the eNotice Platform, the corporation has also focused on creating a new "Stockservice Platform", which aims to provide investors with a more convenient digital experience through digital services such as electronic voting, virtual shareholder meetings, and electronic notifications for shareholder services. In addition to reducing operational costs for issuers and shareholder service units, this initiative also demonstrates the corporation's commitment to ESG practices.

I. The new Stockservice Platform will debut at the end of June

In response to the launch of the new eNotice Platform, TDCC will introduce a new Stockservice Platform that integrates multiple functions, including electronic voting (eVoting), virtual shareholder meetings (eMeeting), and electronic notifications for shareholder services (eNotice), in line with the trends of financial technology development, to outline a diverse digital service ecosystem for issuer-shareholder affairs.

II. Embrace the shareholder meeting peak season with more online and less on the road

As the domestic shareholder meeting peak season approaches, TDCC encourages shareholders to actively participate in shareholder meetings through electronic voting and also allows registration for virtual participation in shareholder meetings for companies that adopt virtual meeting methods, fully implementing shareholder activism.

III. Electronic dividend notifications to ensure complete information dissemination

The success of the eNotice Platform service depends on active adoption by issuers, which reflects their commitment to corporate ESG. It also requires the active participation of shareholders to consent to receiving electronic notifications for dividend distribution from issuers. In support of the goal of reducing carbon emissions and achieving net zero, dividend notifications will be converted to electronic form to ensure complete information dissemination, and together we will build a digital future that benefits the Earth.

IV. Green Earth requires joint efforts from all of us

According to statistics, in the previous year, over 1,400 TWSE-listed and TPEx-listed companies distributed dividends with dividend distribution frequencies of quarterly, semi-annual, or annual dividends, totaling over 1,500 dividend distributions throughout the year. Over 58 million printed notification letters were sent out.

Based on the carbon footprint of A4 paper from the Environmental Protection Administration and the number of trees planted by the Environmental Quality Education Foundation, if these 58 million paper notifications were converted to electronic notifications, it would reduce approximately 440 tons of carbon emissions per year, equivalent to the carbon sequestration of about 36,600 trees in a year, which is 6 times of the total amount of trees in Da'an Forest Park. The length of paper saved in one year is equivalent to approximately 14.8 laps around Taiwan, or about 0.44 laps around the Earth. If stacked, the height of the saved paper would be equivalent to 11.4 Taipei 101 skyscraper.

Han-Chiang Chu, Chairman of TDCC, emphasized that TDCC is committed to continuously enhancing corporate social responsibility. By achieving a balance between economic, environmental, and social benefits, TDCC leverages the power of technology to assist companies in reducing costs and improving efficiency. In the digital era, TDCC strives to meet the digital demands of investors through its Stockservice Platform, working hand in hand with issuers and investors to jointly pursue the goal of sustainable development for our planet.