Lunghwa University of Science and Technology actively promotes ESG and is committed to sustainable development as a green university. This year, the annual meeting and conference of the Chinese Association of Business and Management Technology was explicitly organized by the College of Management at Lunghwa University. Academic Vice President Yih-Chien Chen of Lunghwa University gave a welcome speech on behalf of the university, stating that the issues caused by climate change have attracted significant attention from countries around the world. In response to our country’s transformation project of the Roadmap for Net Zero Emissions by 2050, a Center for University Social Responsibility and Sustainable Development was established at Lunghwa University this year to achieve sustainable development goals actively in addition to promoting a green campus and implementing water conservation, energy efficiency, and resource recycling. Three conferences on relevant topics were recently held by the College of Management and the Center for Sustainable Development, allowing faculty members to gain an in-depth understanding of ESG and sustainable issues and incorporate them into teaching and research to cultivate sustainable talents for the industry.
Professor Ru-Jen Lin, the Executive Vice President of Lunghwa University and the Chairman of the Chinese Association of Business and Management Technology, pointed out that the Association is committed to promoting the development of business and management technology for our country. Due to the Paris Climate Agreement adopted at the 2015 United Nations Climate Summit, the global average temperature increase is controlled within 2 degrees Celsius, and efforts are made to limit it to 1.5 degrees Celsius. The Roadmap for Net Zero Emissions by 2050 was officially announced in Taiwan in 2022, proposing four major transformation strategies (energy, industry, lifestyle, and society) and two foundations (technology research and development and climate legislation) to actively set long-term carbon reduction goals in sync with the international community.
Vice President Ru-Jen Lin pointed out that embracing carbon neutrality by 2030, achieving net-zero carbon emissions by 2050, and pursuing sustainable development have been critical global concerns. It requires time and dedication in industries, academic research, and cultivating educational talents. Lunghwa University of Science and Technology and the Chinese Association of Business and Management Technology are eager to combine efforts from industry, government, academia, and other sectors to actively promote activities related to ESG (Environmental, Social, and Governance) such as environmental protection, social responsibility, and corporate governance comprehensively. This year’s conference focuses explicitly on “Business and Management Technology and Education in Response to ESG Development” as the primary theme to drive sustainable development and create a sound ecosystem for ESG.
Afterward, Ms. Pei-Hua Bai, Senior Risk Consultant at Aon Corporation, gave a keynote speech titled “From ESG to Sustainable: How Companies Transform.” Starting from a risk management perspective, Ms. Bai elaborated on the impact of climate risks and opportunities on finances, the transformation of net-zero investments by the National Development Council, and the Financial Supervisory Commission’s Green Finance Action Plan 3.0. She emphasized that companies should focus on sustainable strategies in addition to ESG disclosure, ESG ratings, and ESG investments. Companies can achieve sustainable development only through a dual transformation towards low-carbon/zero-carbon. She also proposed that ESG management paves the way for the future of business, and achieving net-zero carbon emissions is not only a responsibility but also an opportunity, competitive advantage, and survival capability.
This year, the academic conference by the Chinese Association of Business Management and Technology was focused on ESG and sustainable development. The conference invited research papers that apply business and management education to ESG and other innovative and practical topics, covering ESG, CSR, sustainable development, accounting and finance, corporate governance, and smart business information. There were 93 papers, with 21 papers related to ESG and sustainability. Six best papers and six excellent papers were selected. Vice President Ru-Jen Lin believed these outstanding works would significantly contribute to and profoundly enhance ESG and sustainable development research. It is hoped that by combining corporate resources with university research, sustainable development can be promoted in collaboration with various sectors and create a new future for Taiwan’s sustainable development.
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