AI Net-Zero / Taiwan Depository & Clearing Corporation: e-Counter for Shareholder Services Reduces Carbon Emissions by Over 4 Tons Annually

AI Net-Zero Special Report (300 articles total)

Digital transformation is an ongoing process in industry. Artificial intelligence and net-zero carbon emissions are two major challenges facing both government and businesses, crucial for Taiwan's future competitiveness. CNA's frontline reporting team delves into how the government and various industries are using AI to optimize production processes and drive green innovation, witnessing Taiwan's industries ascend once again.

(CNA, Reporter Pan Chih-yi, Taipei, June 30) Taiwan Depository & Clearing Corporation (TDCC) announced today that its "e-Counter for Shareholder Services" digital service not only enhances efficiency for shareholders but also creates significant environmental benefits. Currently, 2,109 listed, emerging, and publicly offered companies have adopted the service, with over 110,000 shareholder applications processed across the entire market.

TDCC explained in a press release that, calculating an average of 5 A4 sheets of paper saved per application, approximately 550,000 sheets of paper have been saved cumulatively. This translates to an annual reduction of over 4 tons of carbon dioxide emissions, equivalent to the carbon absorption of 348 trees over a full year. As the service continues to expand and its application scope broadens in the future, the carbon reduction benefits will significantly increase.

The Asia Responsible Enterprise Awards (AREA), organized by Enterprise Asia and hailed as a benchmark award for ESG (Environmental, Social, and Governance) in Asia, held its 16th awards ceremony on June 26 in Kuala Lumpur, Malaysia. TDCC stood out with its project "e-Counter for Shareholder Services: A New Digital Benchmark, Zero-Distance Service" and received the Green Leadership award, showcasing the outstanding achievements of Taiwan's financial infrastructure in promoting digital innovation and sustainable development.

TDCC Chairman Lin Ping-hui emphasized that from B2B to B2C, TDCC is building a green digital service ecosystem for the benefit of all citizens. TDCC is not only committed to promoting the digitalization and net-zero transformation of securities market back-office operations but also practices a dual strategy of digital finance and sustainable governance through innovative thinking. It connects issuing companies with a vast number of investors to jointly create a low-carbon, highly efficient, and more inclusive financial service environment.

TDCC stated that to make the carbon reduction efforts tangible for tens of millions of investors across Taiwan, it has extended its digital service reach from corporations to the general public, constructing a diverse digital service ecosystem that includes electronic voting (eVoting), virtual shareholder meetings (eMeeting), electronic shareholder notifications (eNotice), the e-Counter for Shareholder Services (eCounter), and electronic shareholder gift services (eGift). Through digital certificates and mobile signature technology, shareholders can complete account opening and basic information changes online. (Editor: Lin Chia-hsien) 1150630

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