Progate Group Corporation invests in TSMC’s green bonds, actively participating in the sustainability efforts of Taiwan’s semiconductor supply chain
2025/01/02
To support the Financial Supervisory Commission’s “Corporate Governance 3.0” initiative and actively participate in the sustainability efforts of Taiwan’s semiconductor supply chain, Progate Group Corporation made its first purchase of TSMC’s unsecured ordinary corporate bonds (code B618CV), issued in 2022, at the end of 2024. These bonds meet the green bond standards recognized by the Taipei Exchange, with all proceeds allocated to green investment projects. These projects include constructing green-certified facilities, obtaining related certifications, and establishing a zero-waste manufacturing center aimed at minimizing waste generation and maximizing resource recycling.
Progate Group Corporation’s investment in green bonds amounts to NT$10 million, aiming to demonstrate the company’s proactive stance on environmental sustainability and corporate social responsibility. The company firmly believes that by supporting Taiwan’s most representative semiconductor company in the green bond market, it can further promote the market’s growth and attract more enterprises and investors to participate in green finance.
Additionally, Progate Group Corporation is actively evaluating the possibility of participating in bond investments during the initial underwriting phase in the future. This aims to strengthen its support for sustainable finance and enhance the industry chain’s overall focus and commitment to the green economy. Through practical actions, the company seeks to foster collaboration among leading enterprises across different industries in sustainable development, achieving synergistic effects where “1+1 is greater than 2” and jointly driving the sustainable transformation and upgrading of Taiwan’s industrial chain.
Progate Group Corporation believes that the future development of green finance will not only serve as a way for companies to fulfill social responsibilities but also as a critical tool for optimizing resource allocation. Through this green bond investment, the company hopes to contribute to environmental sustainability and social well-being while showcasing its long-term commitment to creating shared value with stakeholders.
