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Taiwan’s BLF plans first-ever domestic ESG mandate

Jolie Ho
The $124 billion state retirement fund is giving out an ESG mandate that tracks a sustainability index that is newly launched in Taiwan.
Taiwan’s BLF plans first-ever domestic ESG mandate

Taiwan’s Bureau of Labor Funds (BLF) will hand out a five-year NT$42 billion ($1.4 billion) investment mandate on environmental, social and governance (ESG) to external managers this year in order to promote the development of these principles among the society and investment community, according to Tsay Feng-Ching, director general of the pension fund.

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