Rexon's Commitment to Sustainable Operations
Rex Wang, Chairman
Environmental Aspect
In response to the international net-zero emissions policy for 2050, Rexon Industrial promotes the management of resource use and greenhouse gas emissions at each factory and is dedicated to the reduction of the carbon footprints. The Company worked with key supply chain to organize the first “Workshop of Carbon Reduction for Export Products” in April 2023. We also worked with the Industrial Technology Research Institute (ITRI) and form a consensus within the supply chain to jointly address the challenges for a sustainable future. In addition, Rexon Industrial has participated in the upgrade and transformation subsidy program of “Big Leads Small for Low Carbon” promoted by the Industrial Development Administration, Ministry of Economic Affairs, since August 2023, in the hope to promote green transformation in the industry and jointly build a more resilient green supply chain.
Social Aspect
Rexon attaches importance to people-oriented practices. We not only make investment in talent training, but also provide diverse health care channels for the employees in different aspects including health management and psychological counseling. The comprehensive talent development and support measures help us stand out in the TTQS (Talent Quality-management System) and win the gold award.
Governance Aspect
The Board of Directors of Rexon Industrial established the Sustainability Committee in November 2023 to further strengthen the sustainable governance system of the Company. The Committee members are responsible for planning and establishing the ESG (environmental, social (human rights), governance) sustainability blueprint and supervising related operations for the Company. To further enhance the transparency, Rexon Industrial incorporated the disclosure standards of the TCFD (Task Force on Climate-Related Financial Disclosures) and SASB (Sustainability Accounting Standards Board) in 2023. With these, we strive to make this Report more comparable among the global industries and enable investors and stakeholders to assess the sustainability performance of the Company more clearly and understand more about the progress that the Company has made in sustainable governance.
Looking Ahead to 2024
Rexon Industrial will maintain a long-term stable development policy, dedicate ourselves to providing more sustainable and resilient goals, incorporate the thought of sustainability in the operational strategies, and enter the outdoor sports and leisure market that is more environment-friendly and energy efficient. The Company will continue to enhance its corporate governance structure and promote sustainability goals to assure customer satisfaction and shareholders’ right. We will also make substantial contribution to the society and environment and share the results with stakeholders to jointly rise to the challenge in the future.
2023 REXON SUSTAINABLE RESULTS
2023 Rexon Sustainability Actions _
Towards a better environment for shared prosperity, harmony, and sustainability, and working together to create a brighter future for society and the planet.
Environmental
Environmental Aspect
Rexon Industrial upholds the environmental policy of "energy innovation, benchmark learning, performance evaluation, quantitative review, water and electricity consumption, smart management, carbon footprint verification, and environmental sustainability" and is dedicated to establishing specific green sustainability goals.
less than1.1844 GJ/million
The energy sales intensity in 2023 was 3.4563 GJ/million, which was less than the 2022 value of 4.6410 GJ/million by 1.1847 GJ/million.
Obtained ISO 14067
Carbon Footprint Verification Statement, a total of 2 fitness devices
Obtained 14064-1
Certification for greenhouse gas verification
Obtained ISO 14001
Verification of the environmental management system
was incorporated in
greenhouse
The Tucheng Plant was incorporated in the scope of the greenhouse gas inventory, and all the production bases of the parent company were incorporated in the inventory.
Social
Social Aspect
Rexon Industrial is committed to local development, executing initiatives from four perspectives: advocating for mutual neighborhood benefits, community care, and social prosperity. Through diverse public welfare activities and participation in various projects, we strive to contribute to the balanced and positive development of society.
subsidiesNT$7.81 million
The Employee Welfare Committee provides various subsidies. The subsidy for 2023 was amounted to NT$7.81 million
Summer Elite Children
During the summer vacation, the Company provides the children of the employees at school age with the opportunity to deeply understand the work environments of their parents, in the hope to facilitate the family harmony.
2 sessions
Standing at Heights Unseen by Children: Provided 2 sessions of elementary school services and assist in carpentry repair and environmental cleaning.
Obtained ISO 45001
Verification of the occupational health and safety management system
DonateNT$208,000
Donation was made to school scholarships, public welfare institutions, and other organizations for a total of about NT$208,000
The Honor of Sports Enterprise Certification
Sports Administration, Ministry of Education - The Honor of Sports Enterprise Certification
62 suppliers
Sustainable Supply Chain Management:The "Supplier Code of Conduct" was promulgated in 2023. More than 62 suppliers have signed the Code
Governance
Governance & Economic Aspects
Our competitiveness is built on people-oriented values. We plan various educational programs to foster a culture of shared learning and sustainable thinking. Additionally, we propose innovative product concepts to enhance product value.
growing by47.5%
The consolidated revenue was NT$6.708 billion, growing by 47.5% from the previous year
earnings per share was NT$1.7
The net profit after tax was NT$311 million, showing a turn from loss to profit in comparison with the previous year. The earnings per share was NT$1.7
51~65%
Corporate Governance Evaluation Ranking 51%-65% with a progress of a level from the previous year
100%
The attendance rate of the directors of the Board of Directors and each functional committee was 100%
TTQSGold Medal
The Workforce Development Agency of the Ministry of Labor -
Category 2Gold Award
The 2022 Sustainability Report won the TCSA Traditional Manufacturing - Category 2 Gold Award
14,734 hours
Employee education and training courses in 2023 were provided to a total of 14,734 hours, amounting to about NT$5.76 million.
The United Nations Sustainable Development Goals (SDGs)
Facing the severe challenges brought by global climate change to the environment and sustainable development, Rexon actively practices the United Nations Sustainable Development Goals (SDGs) with a focus on five key aspects: "innovation, green practices, talent development, effective governance, and care." Led by the Sustainable Development Committee, the company integrates resources and efforts across departments to embed SDGs into its organizational culture and daily operations. It continually strives to enhance opportunities for development in the three dimensions of environment, society, and governance. Through collaboration with stakeholders throughout the Rexon industry value chain, the company aims to achieve mutual prosperity, goodness, and shared benefits, co-creating a sustainable future.
BETTER FOR
PROSPERITY, GOOD, SHARING
Towards a better environment for shared prosperity, harmony, and sustainability, and working together to create a brighter future for society and the planet. _
Rexon established the "Sustainable Committee" in November 2023. This is a functional committee under the Board of Directors and the highest dedicated governance unit for the sustainable development of the Company. The Committee is comprised of the Chairman, two directors, and three independent directors. With "co-prosperity, common good and sharing" as the mission, the Committee promotes five aspects of "governance, green, innovation, talent and care" in response to the global ESG trend and the expectations of the stakeholders on environmental, social and governance topics. The Committee members hold a meeting periodically every year and elect a director from among them to act as the convener and the chairperson of the meeting.
The Sustainability Committee appoints a director to serve as the Sustainability Officer. It has a sustainability office and 6 subordinate groups of finance and accounting, sales, procurement, manufacturing, research and development, corporate governance, and human resources. The head of each unit participates in ESG projects, provide cross-departmental resources, establish the direction for the strategic sustainable development, and implement projects.
Rexon Sustainable Operations Committee (ESG Operations Committee) is comprised of the Corporate Governance Group, Supplier Management Group, Environmental Sustainability Group, Sustainable Product Group, Customer Service Group, and Friendly Workplace and Social Prosperity Group. The Committee is responsible for developing corporate sustainability strategies and vision. The Sustainability Officer acts as the convener and the nine vice presidents act as committee members. The Committee has a Sustainability Office to promote corporate the work and management related to corporate social responsibilities. The ESG Operations Committee held a total of 11 regular meetings in 2023 to review the sustainability management objectives and the implementation of the policy. Attendees included the Chairman, President and the Vice Presidents of each unit. They discuss the climate change management strategies, sustainable action plans, and the achievement of the goals. The Committee reports the operational effectiveness to the Sustainable Committee twice a year.
The sustainability governance unit refers to international sustainability standards (such as GRI, TCFD, SASB), UN Sustainable Development Goals (SDGs), and the guidelines of the ESG rating institutions (such as DJSI, MSCI) on a regular basis every year. It collects sustainable issues relevant to the Company according to the "Rules Governing the Preparation and Filing of Sustainability Reports by TWSE Listed Companies". The material sustainability issues are identified based on the operational activities of each department, communication with the stakeholders, the opinions of external consultants, and the characteristics of the industry.There were no material incidents with respect to the communication between Rexon and stakeholders during the reporting period.
The information and data in this Report are provided by each department of the Company, compiled by the Sustainability Office, reviewed and revised by each manager of the ESG Operations Committee, and finally submitted to the President and the Chairman for approval. They are then forwarded to the Sustainable Committee and for review and, after the Committee gives its approval, the Report is finalized and published.
The Company defines a "material incident" as an incident specified in the Financial Supervisory Commission Release Principles of Material Information" and meeting the requirement of "significant violations on which a fine of more than NT$1 million is imposed".
Sustainable Committee
Sustainable Governance Implementation Unit
Duty and Function
SustainableOffice
Integration of carbon issues and carbon management in the Sustainability Report
CorporateGovernance Group
Risk management, integrity in operations, corporate governance, environmental protection, occupational health and safety policies, and implementation plans
Supply ChainManagement Group
Advocacy, sharing, and mentoring approach to establish stable cooperative relationships with suppliers in achieving ESG goals
EnvironmentalSustainability Group
Adopting the concept of resource sustainability, reviewing and assessing process operations and implementing a circular economy approach, establishing an energy management system.
SustainableProducts Group
Applying core technologies, fostering innovation, and enhancing the resilience of human life by identifying sustainable products and services with future value
CustomerService Group
Customer-centric approach, commitment to quality, and joint dedication to sustainability, embodying mutual prosperity and sharing
Friendly Workplace and Social Prosperity Group
Talent cultivation, fostering ESG DNA through education, and engaging in volunteerism, emphasizing community engagement and delivering social value.
Internal Audit Organization
To ensure stakeholder identification aligns closely with the spirit of the GRI Standards (2021) latest version, Rexon Industries adopts the GRI's updated definition of stakeholders as "individuals or groups whose rights may be impacted (influenced) by the organization's activities." During the materiality assessment meetings, the company evaluates each sustainability issue from Rexon's perspective and considers individuals or groups that may be affected by the company's business activities, using the degree of impact as a reference for stakeholder identification. The main stakeholders identified for the current year, in order, are: shareholders/investors, government authorities, customers, business partners (suppliers/contractors/outsource vendors), and employees, totaling five categories.
Relationship
Significance to the Company
Topics of Concern
Communication Channels and Frequency
Actual Communication Results in 2023
Relationship
Shareholders and investors
Significance to the Company
Shareholders and investors' support and evaluation have a significant impact on Rexon's operations and stock price. Therefore, having a comprehensive ESG framework and transparent disclosure can enhance investor confidence and increase the company's sustainable value and profitability foundation.
Topics of Concern
- Financial performance
- Risk management
- Innovation management and sustainable manufacturing
- Human resource development
Communication Channels and Frequency
Annual shareholders' meeting (annual)
Investor conference (semiannual)
Stakeholder questionnaire on official website (instant)
Updates on Market Observation Post System (instant)
Telephone, email (temp)
Actual Communication Results in 2023
- Held one shareholders' meeting
- Held two investor conferences
Relationship
Employee
Significance to the Company
Employees are an important asset and driving force for Rexon. We respect and care for our employees, ensuring that they are happy in their work and can unleash their full potential in tandem with the company's sustainable business operations.
Topics of Concern
- Occupational health and safety
- Labor-management relationship
- Talent attraction and retention
- Human resource development
- Human rights
Communication Channels and Frequency
Monthly employee meeting (monthly)
Labor-management meeting (quarterly)
Welfare Committee meeting (quarterly)
Labor union meeting (yearly)
Employee education and training (irregular)
Employee evaluation (monthly)
Manager performance interview(yearly)
Actual Communication Results in 2023
- 12 monthly employee meetings
- 4 labor-management meetings
- 799 education and training classes, a total of 14,734 hours and a total expense of NT$5,762,318
- Subsidies to 1,554 employees for their dinner parties/trips to a total amount of NT$1,680,195
- Subsidies to 9 employee clubs, NT$ 262,000 for club activities
- 566 employees receiving free health checkup with subsidies of NT$ 395,320
- Scholarship to 292 children of employees, totaling NT$328,156.
- Organized two corporate hiking activities, one mountain cleaning activity, and employee family days, to a total amount of NT$1,155,000.
Relationship
Customer
Significance to the Company
Customers are the foundation of the company's sustainable development. Rexon strives to meet high standards of quality, environmental protection, and service, establishing strong and reliable customer relationships, creating high added value, and ensuring long-term customer satisfaction. This enables mutual growth and prosperity between the company and its customers.
Topics of Concern
- Legal compliance
- Customer relationship management
- Forced and compulsory labor
- Labor-management relationship
- Human rights
Communication Channels and Frequency
Customer satisfaction survey (annual)
Quality certification (annual)
Website feedback (instant)
Customer service (regular)
Customer visits (regular)
Telephone, email (temp)
Project meeting (weekly)
Actual Communication Results in 2023
- Arrangement of customer visits on a regular basis
- Provided customer service within 24 hours.
- Holding project/quality meetings on a weekly basis
Relationship
Business partners
(suppliers / contractors / outsourcers)
Significance to the Company
Stable and long-term cooperation with business partners is strong support for the quality and production capacity of Rexon’s products. Mutual trust and collaboration with business partners form the foundation for sustainable business operations.
Topics of Concern
- Customer relationship management
- Risk management
- Financial performance
- Sustainable supply chain
- Waste and recycling
- Human rights
Communication Channels and Frequency
Supplier conference (twice a year)
Supplier evaluation (annual)
On-site visit to suppliers (irregular)
Telephone, email (temp)
Supplier feedback survey form (annual)
Actual Communication Results in 2023
- In 2023, supplier delivery and quality performance evaluation were conducted for 337 suppliers, with an A-level rate of 93%. (314 Grade A suppliers, 21 Grade B suppliers, 1 Grade C supplier, and 1 Grade D supplier)
- 5 new suppliers were evaluated in 2023; the pass rate of the suppliers evaluated based on the environmental and social criteria was 100%.
- Two supplier conferences on May 17, 2023 and November 28, 2023
Relationship
Government / competent authorities
Significance to the Company
Government competent authorities are the authorities responsible for setting the highest legal standards in terms of economy, environment, society, and other aspects. Rexon adheres to these regulations as the fundamental principles of its operations.
Topics of Concern
- Legal compliance
- Customer relationship management
- Risk management
- Financial performance
Communication Channels and Frequency
Updates on Market Observation Post System (instant)
Official website of the company (irregular)
Official documents and declaration materials (irregular)
Seminar for promotion (irregular)
Telephone, email (temp)
Actual Communication Results in 2023
- Rexon Board of Directors establishes the Sustainability Committee
- The tenth corporate governance evaluation is rated between 51% and 65%.
Analysis of Material Topics
As for the materiality analysis process for the material topics this year, internal senior managers, external consultants, and members of the Sustainability Office identified 8 topics as the key priorities subject to the management and response of the Company. The positive impact involves the positive benefits that different issues bring to the three aspects of economy, environment and people (including human rights) and the likelihood of its occurrence as assessed based on the current strategies and management policies of the Company. The negative impact assume that the organization does not take actions and thus fail to prevent or would bring about loss to the Company. These are used to assess the severity that each issue brings about to these three aspects and likelihood of occurrence. The Company draw the Material Topic Matrix as follows:
Understanding Organizational Context
Identifying Actual and Potential Impacts
Collection of Sustainability Issues
The collection of sustainability topics is primarily based on sustainability standards and guidelines (GRI, TCFD, SASB), United Nations Sustainable Development Goals (SDGs), ESG rating agencies (DJSI, MSCI), and the Operating Procedures for Listed Companies in Preparing and Disclosing Sustainability Reports. Through communication with various departments' operational activities and stakeholders, external consultant opinions, and industry-related characteristics and norms, the company continuously gathers relevant sustainability issues that are either actual or potential. These topics are then consolidated and categorized into 30 sustainability issues.
Understanding Organizational Context
Assessment of Material Topics
The Chairman, nine Vice Presidents, members of the Sustainable Development Committee, and sustainability consultants convene a meeting for the assessment of material topics. Following the GRI guidelines, Rexon Industries evaluates the significance of the impacts generated by its business operations on the 30 sustainability issues, both internal and external. This includes:
- Assessing the "actual" and "potential" positive and negative impacts of the company's activities on external economic, environmental, and human aspects (human rights).
- Evaluating the "positive" and "negative" impacts of each issue on the company's internal operations.
Impact Score Calculation
- Significance Score for Negative Impacts: External Negative Impact (Severity * Likelihood) * Internal Negative Impact
- Significance Score for Positive Impacts: External Positive Impact (Scale and Scope * Likelihood) * Internal Positive Impact
- If there are sustainability issues involving human rights impacts, the weighting of the score calculation is increased. The positive and negative impact scores for each issue are then calculated.
Affected Stakeholders
- During the identification process of each sustainability issue's significance, Rexon Industries also evaluates the individuals or groups that might be affected or potentially affected by the company's operational impacts on each issue.
Setting Priority Reporting Order for Most Significant Impacts
Based on the impact scores of the 30 sustainability issues, both negative and positive impacts are ranked. After considering domestic and international sustainability trends, the Chairman, nine Vice Presidents, members of the Sustainable Development Committee, and external consultants discuss and confirm the top 8 issues for priority disclosure in this year's sustainability report.
Response and Management of Material Topics
The relevant data for the identified material topics is provided by various departments within the company. After compiling and reviewing the content, any gaps between Rexon's overall status and management objectives are identified, forming the basis for the company's continuous efforts in sustainability improvement. The management policies and related information are then disclosed in this report.
Assessment Results of Material Topics
Year
Material Topics
Year
2022
Material Topics
- Financial performance
- Risk management
- Employee benefits
- Research and Development(R&D) and innovation
- Talent attraction and retention
- Sustainable Supply Chain Management
- Product health and safety
- Climate Change Management
Year
2023
Material Topics
- Research and Development(R&D) and innovation
- Product health and safety
- Supply chain ESG management
- Customer relationship management
- Employee rights and welfare
- Talent cultivation and retention
- Climate Change Management
- Occupational health and safety
Eight material topics were identified in 2023, including "innovative and research and development", "product health and safety", "supply chain ESG management", "customer relationship management", "employee rights and welfare", "talent cultivation and retention", "climate change management", and "occupational safety and health". The "customer relationship management" and "occupational safety and health" were two mew material topics compared to 2022. As for the material topic of "economic performance" for 2022, since the operating revenue and profit this year increased, the "risk management" was incorporated in the general management rather tian in the scope of the material topic this year.
As the result shows, after the comprehensive evaluation of the three aspects based on the current strategies and management policies, the "innovation and research and development" has the highest significance in the positive and negative impacts, and continuous improvement will increase its overall influence. The second highest level of negative impact was "product health and safety", indicating that consumers attach importance to the use and safety of products and deem them as universal value. The second highest level of positive impact was "employee rights and welfare", because the emphasis of the Company upon the well-being of the employees also brings positive benefits to the business performance and create a win-win situation. As for the environmental aspect, the "climate change management" has become an important issue of the companies in the world. The positive and negative impact assessments this time also shows that the Company takes a positive attitude towards greenhouse gas management and set the goals of net zero emissions in line with the trend of the world.
Management of Material Topics
Management
Policies
Material
Topics
Alignment with Sustainability Criteria
Stakeholder Impact
Shareholders
and
Investors Partners Customer Employee Government
Agencies
Description of Management Policies
Assessment of Management Policies
Corresponding Sections and
Alignment with SDGs
Management Policies
Product and Services
Material Topics
Research and Development
(R&D) and innovation
Alignment with Sustainability Criteria
DJSI-Leisure Products and Consumer Electronics:
Innovation Management
DJSI-Machinery and Electrical Equipment:Innovation Management
Stakeholder Impact
Shareholders and
Investors
Partners
Customer
Employee
Government
Agencies
Description of Management Policies
- Work toward green innovation and application for patents, improve market competitiveness, and increase the value of the intellectual assets.
Assessment of Management Policies
- Raise proposals every month and review the development progress of sustainable products or services
- Review the application process and efficiency of the patent (including products and technologies)
Corresponding Sections and
Alignment with SDGs
5.2 Research and Development / Manufacturing
Material Topics
Product health and safety
Alignment with Sustainability Criteria
GRI Customer Health and Safety 416
Marketing and Labeling 417
【SASB-Electrical Equipment Manufacturing】Product Safety
【SASB-Toys and Sporting Goods】Chemical and Safety Hazards of Products
【MSCI-Leisure Products】Product Safety and Quality
Stakeholder Impact
Shareholders and
Investors
Partners
Customer
Employee
Government
Agencies
Description of Management Policies
- Ensure that products comply with safety standards, protect the health of the consumers, and meet the goals of environmental friendliness.
Assessment of Management Policies
- Products pass the requirements that are stricter than what laws and regulations require before shipment
Corresponding Sections and
Alignment with SDGs
5.4 Product Quality and Responsibility
Management Policies
Friendly Workplace
Material Topics
Employee Rights and Welfare
Alignment with Sustainability Criteria
GRI Financial performance 201-3
GRI Employment and Labor Relations 401-2、401-3
Stakeholder Impact
Shareholders and
Investors
Partners
Customer
Employee
Government
Agencies
Description of Management Policies
- Review the employee welfare policy periodically and keep pace with the times to meet the needs of the employees.
- Establish comprehensive employee assistance programs to take care of the physical and mental health of the employees.
- Provide diverse training and development opportunities, facilitate career planning of the employees, and implement work-life balance measures.
Assessment of Management Policies
- Evaluate performance every month and give immediate feedback about the performance of the employees.
- The Company conducts annual performance evaluation and managers communicate with employees and give relevant feedback and suggestions to help them improve their development every year.
- Conduct satisfaction surveys periodically, give improvement suggestions, and amend regulations according to the suitability to improve the welfare of the employees.
Corresponding Sections and
Alignment with SDGs
3.4 Rights and Welfare
Material Topics
Talent Cultivation and Retention
Alignment with Sustainability Criteria
GRI Market Presence 202
GRI Training and Education 404-1
Stakeholder Impact
Shareholders and
Investors
Partners
Customer
Employee
Government
Agencies
Description of Management Policies
- Establish Rexon Academy to improve the professional skills of the employees; provide a comprehensive promotion system and a career development system.
Assessment of Management Policies
- Establish an organizational learning environment, and continue to improve and develop the TTQS spirit
Corresponding Sections and
Alignment with SDGs
3.2 Employment and Retention
Management Policies
Responsible Procurement
Material Topics
Sustainable Supply Chain Management
Alignment with Sustainability Criteria
GRI Procurement Practices 204
GRI Supplier Social Assessment 414
Stakeholder Impact
Shareholders and
Investors
Partners
Customer
Employee
Government
Agencies
Description of Management Policies
- Lead key suppliers to attach importance to social responsibility, environmental protection, and other sustainability-related issues; promote the sustainable development of the industry.
Assessment of Management Policies
- Draft the "Supplier Code of Conduct (Guideline)."
- The target of supplier GHG inventory - 15 key suppliers
Corresponding Sections and
Alignment with SDGs
5.3 Supply Chain Collaboration
Management Policies
Climate Action
Material Topics
Climate Change Management
Alignment with Sustainability Criteria
GRI Financial performance 201-2
GRI Energy 302-1, 3, 4
GRI Emissions 305-1~5
TCFD Climate-Related Financial Disclosures Stock Exchange Dedicated Chapter on Climate-Related Information Disclosure
Stakeholder Impact
Shareholders and
Investors
Partners
Customer
Employee
Government
Agencies
Description of Management Policies
- Promote ISO 14064-1 greenhouse gas inventory training in the supply chain.Be dedicated to accomplishing low-carbon, green and environment-friendly processes and achieving the goal of effective reduction of greenhouse gas emissions.
Assessment of Management Policies
- The inventory rate of categories 3.1 and 4.1 at Rexon Dali Plant is increased to more than 80%.
- The greenhouse gas is in compliance with the international carbon reduction trend (emission equivalent/revenue), and the emission intensity is reduced by 5% compared to the previous year.
- Complete the distribution standards by the year 2023, evaluate the implementation of an intelligent energy management system.
Corresponding Sections and
Alignment with SDGs
2.1 Rexon’s Net Zero Blueprints and Actions
Management Policies
Customer Relationship
Material Topics
Customer relationship management
Alignment with Sustainability Criteria
GRI 418 Customer Privacy (418-1)
Stakeholder Impact
Shareholders and
Investors
Partners
Customer
Employee
Government
Agencies
Description of Management Policies
- The key to gain customer trust is the continuous innovation of technologies and the provision of the products and services of the best quality, with "the best partner of the customer" as the vision.
Assessment of Management Policies
- Customer satisfaction scored over 80 points
- Outstanding Supplier Award granted by the customer
Corresponding Sections and
Alignment with SDGs
4.3 Customer relationship management
Management Policies
Workplace Health and Safety
Material Topics
Occupational health and safety
Alignment with Sustainability Criteria
GRI 403 Occupational Health and Safety
Stakeholder Impact
Shareholders and
Investors
Partners
Customer
Employee
Government
Agencies
Description of Management Policies
- Establish the Occupational Safety Committee to formulate comprehensive safety management policies
- Organize safety education and training periodically to improve the safety awareness among the employees.
- Conduct risk assessment, check safety facilities periodically, and repair or renovate old equipment in a timely manner.
- Establish a comprehensive accident reporting and investigation mechanism; improve the work environment continuously.
Assessment of Management Policies
- Review the implementation effectiveness of the occupational safety policy periodically and make adjustment in a timely manner.
- Gather statistics and analyze the data of occupational injury accidents, find out the root cause, and make improvement.
- Make employee satisfaction survey to understand the effectiveness of the current measures.
- Invite external experts to make occupational safety audit, review deficiencies, and make suggestions.
Corresponding Sections and
Alignment with SDGs
3.5 Workplace Health and Safety
Corporate Sustainability Development Survey
To achieve more effective communication with stakeholders who care about our company,we sincerely invite you to take the time to complete this questionnaire.
Your participation will enable us to gain a better understanding of the issues that stakeholders are concerned about and enable us to respond actively.