Taiwan FSC Launches Workshops to Help 119 Companies Adopt IFRS Sustainability Disclosure Standards

Taiwan’s Financial Supervisory Commission is phasing in the IFRS Sustainability Disclosure Standards based on the size of listed and over-the-counter companies. Businesses must include climate risks, greenhouse gas emissions and their financial impact in annual reports. The first phase took effect in 2026. The framework is intended to help investors assess corporate sustainability risks while improving the comparability and credibility of disclosures across companies.

The second phase will apply in 2027 to 119 listed and over-the-counter companies with paid-in capital of at least NT$5 billion. The FSC said companies face two main challenges: data collection and the technical work involved in greenhouse gas inventories. It will offer practical workshops and strengthen guidance on Scope 3 emissions accounting to help companies complete their sustainability-related financial disclosures.