A new Aging-friendly Leadership Award will be given by TAISE to encourage and recognize corporate sustainability development.

 

 

On June 27, TAISE organized Sustainable Benchmarking Workshop Toward an Age-friendly and Inclusive Society. At the workshop, the event organizer announced the rules for the Aging-friendly Leadership Award and said that an inclusive society should encourage older people to contribute more to the social, civic, and economic development of their society.

 

Mr. Yong-Shun Shen, the secretary-general of the Taiwan Corporate Sustainability Awards Executive Committee, said, “Taiwan faces a national security issue: our population is aging fast. According to the forecasts of Taiwan National Development Council, our country will become a super-aged society by 2025.” Globally, the United Nations together with other international organizations like the World Health Organization already started programs in the early 2000s to promote action on aging, strengthen the well-being of older people, and improve health and social care provisions for the global aging population. In Taiwan, the Financial Supervisory Commission launched the Capital Market Roadmap in 2020, planning to promote ESG development, digital technologies, and an aging society.

 

Mr. Shen further explained to the participants, preparing to apply for the Aging-friendly Leadership Award, that our judges evaluate their performance based on the World Economic Forum’s Guiding Principles for Age-Friendly Business and the WHO Global Network for Age-friendly Cities and Communities to select the winners. The judges will review and score their company’s age-friendly policy, investment resources, and innovative implementation, especially for actions that can raise the awareness of age-friendly workplaces in many corporates, to select the winner. Moreover, discussing the issue of aging also includes family caregivers. According to Taiwan Ministry of Health and Welfare, the data showed that 20% of people who care for older family members felt the weight of the burden of care and the consequence when their career prospects have hurt. Every year, 1.2% of people in the labor force have to quit their jobs to care for their older family members. Thus, Mr. Shen suggested companies find ways to help their employers balance their care responsibilities with their need to earn a living.

 

Registration for the 16^th Taiwan Corporate Sustainability Awards (TCSA) begins on August 10, 2023!

Ÿ  We are happy to welcome domestic and foreign corporates, government units, hospitals, universities, and non-profit organizations to participate in TCSA.

Ÿ  More about the TCSA: tcsaward.org.tw