The rating upgrade reflects significant advancements in corporate governance, including improved transparency in board compensation and the implementation of a Clawback policy for incentive-based pay, enhancing accountability. Chunghwa also excels in privacy and data security, surpassing industry benchmarks with robust practices.
In environmental performance, Chunghwa earned a perfect score in carbon emissions management, driven by consistent efforts to reduce emissions and maintain transparent reporting. The company’s labor management practices were also recognized, particularly its annual “Happiness at Work Survey,” which collects employee feedback on workplace conditions, benefits, and engagement, noted by MSCI as a model practice.
Chih-Cheng Chien, Chairman of Chunghwa Telecom, stated: “Being upgraded to AAA is a strong international endorsement of our long-standing commitment to sustainable governance. It also reflects the dedication and perseverance of our entire team. Looking ahead, Chunghwa will continue to advance our core pillars—Going Green & Decarbonization, Digitization & Empowerment, and Integrity & Transparency—to create long-term sustainable value for our shareholders, employees, and society.”
Chunghwa’s focus on sustainability includes ongoing initiatives to enhance decarbonization, digital innovation, and transparent governance. The company views the AAA rating as motivation to further elevate its environmental, social, and governance (ESG) standards, contributing to a sustainable future for Taiwan and beyond.
