CSR policy and promotion plan
1.The structure of the Company to promote sustainable development is as following:
2.The implementation status of each organization of the company is as following:
(1).The Company established Sustainable Development Unit on January 1, 2022 after reported to the 1st meeting of the 9th board of directors. The President serves as the convener, and the Investor Relations Department is a part-time unit for Sustainable Development Unit.
(2).Implementation unit is formed by Human Resources Administration Department, Operations Division, Quality Assurance Division, and Sales Division. Investor Relations Department is responsible for align with the trends of corporate governance, promote the functioning of the board of directors, and implement regulatory compliance. Human Resources Administration Department is responsible for implement labor relations, employee health and safety, greenhouse gas emissions and waste management. Operations Division is responsible for improve supply chain management, assess raw material procurement and the physical impact of climate change. Quality Assurance Division is responsible for improve product quality and safety, and manage product life cycles. Sales Division is responsible for protect customer privacy, customer welfare, and manage product life cycles.
(3).The Sustainable Development Unit reported the implementation status to the Board on January 11, 2022 and November 1, 2022 respectively.
3.The Board supervises strategy and implementation of sustainable development, and the Sustainable Development Unit reports the annual implementation priorities and performances, communication results of stakeholders to the Board at least twice per annum. The Board evaluates related strategies, and the effectiveness of implementation plans and urge management to make adjustments when required.
4.The Company based on the principle of Materiality, conducts risk assessments and planning on environmental, social and corporate governance issues related to the company's operations including risk identification, risk analysis and evaluation, risk response and risk According to risks after evaluation, related risk management policies are as following:
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Key topics |
Risk evaluation items |
Explanation |
|
Environmental |
Environmental protection, climate change
|
Conduct annual reviews of international environmental protection trends and formulate environmental protection measures according to operational needs; we also conduct internal training and promotion to help our employees understand the impacts on climate change and the Company's environmental protection themes for the year so that they can adhere to various environmental protection policies when carrying outtheir job duties. |
|
Social |
Workplace safety, |
Assure conformance of labor policy to the legal requirements of domestic and international human-rights conventions Hold labor-management meeting regularly, discussing implementation of human-rights policy, labor environment and conditions, policy and compensations/ fringe benefits for attaining consensus, to assure information transparency and smooth communication between the two parties. |
|
Governance |
Legal compliance; |
Plan trainings on related topics for the directors and provide corporate governance related information depending on the Company’s needs and change of regulation. Ensure all employees and operations in the Company conform to related regulation and internal standards. Construct various communication channels to engage with stakeholders. |
5.The Company is a fabless company. All the production of wafers is outsourced. All the OEMs comply with the requirements of the environmental laws and regulations. The Company established the environmental management system according to ISO-14001 and continues to implement various environmental management systems through third-party certification. The company has passed the ISO14001 environmental management certification in April 2022. Valid period:2022.4.30~2025.4.29
6. Supplier management policy and Implementation
The Company requires suppliers to fulfill their corporate social responsibilities and not to have negative impacts on the environment and society.
The Company has a " Procedure for Supplier Control " to ensure that suppliers meet the ethical standards and integrity management requirements for environmental protection, human rights and sustainable development without endangering basic rights.
Implementation of supplier management:
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Supplier evaluation |
1.Suppliers must pass supplier assessment and comply with the Supplier Code of Conduct. 2.The supplier must comply with the local government's relevant environmental protection regulations on air pollution prevention and control, water pollution prevention and control, waste and resource management, etc. 3.Suppliers must complete environmental safety questionnaires, and the return rate of questionnaires in 2022 reached 100%. |
|
Supplier audit |
Carry out supplier audits every six months, track deficiencies and improvement situations, and provide counseling and suggestions for improvement. |
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Supplier praise |
In addition to delivering sustainability concepts and goals to suppliers every year, the company also strengthens its cooperative relationship with suppliers that have been well evaluated (such as quality improvement, cost reduction, delivery assurance, sustainable performance, etc.). |
