Issue Date：September 26, 2022
ESG Committee
To implement ESG, the CSR Committee was established in 2008, and was renamed to ESG Committee in 2020. The committee is chaired by the CEO of Coretronic, with presidents and the chief financial officer (CFO) as members and the spokesperson as the management representative. The ESG Committee also authorizes the executive representative of economic, social, and environmental departments to assist with ESG promotion. Members of Committee and executive representatives hold a committee meeting every quarter to audit and review the status and outcomes of ESG implementation. Currently, the ESG Committee is an independently operated unit and the management team regularly reports the implementation of ESG to the Board of Directors every year. The management team makes plans and set goals for ESG, and regularly reviews the performance. The Board of Directors also regularly reviews and supervises the implementation of sustainable development, and urges the management team to improve when it is necessary.
The Operation of ESG Committee
- Committee members and executive representatives review the status and results of sustainability implementation with quarterly briefings and hold annual meetings. Attended by executive representatives and others, they will discuss the sustainability report published in the current year and major sustainability awards so as to formulate sustainability plans and goals for the following year.
- The management representative reports the implementation of the annual plan to the Chairman, committee members, and executive representatives on a quarterly basis; and further reports the annual sustainable performance and the sustainable key policy and plan for the following year at the annual Group meeting.
- Committee member and executive representative - the CFO reports to the Board of Directors once a year. The content of the report includes the implementation results of sustainable projects, climate change risk management and strategies (TCFD), each environmental indicator, and future sustainable development.
- The annual ESG report is compiled by the ESG team, then submitted to the management representatives, executive representatives, and committee members for revision in sequence, and then submitted to the Chairman for review and final issue.
The Members and Structure of ESG Committee
Chairman
CEO
Management Representative
Spokesperson
Member of Committee
Presidents and CFO
Executive Representative
Heads of Business Resource Center and CFO
ESG Report Approver
CEO
ESG Strategy
Coretronic is the lighthouse of the hopes. Based on glorious performance, we light up the society and green the environment, so as to wish everyone a sustainable and bright future.
Based on the core competence, SDGs, international ESG issues, social requirements, and stakeholders’ concerns, our ESG Committee, Environmental Protection Committee, Firefly Volunteer Team, and other related units plan and implement ESG projects and strategies together, as well as build the strong and sustainable sharing partnerships between corporation and society with stakeholders.
ESG Milestone
- Published CSR Report since 2008.
- Established the CSR Committee in 2008.
- Execute numerous charitable activities.
- Comply with the labor, environmental protection, and governance regulations.
- Established the Coretronic Culture and Arts Foundation (CCAF) in 2010 and developed a series of "Light Sense Light-City Projects" based on the theme: Light Up Taiwan Culture.
- BOD passed the Corporate Social Responsibility Best Practice Principles in 2014.
- Participate in indicative CSR awards.
- Make society better with optics core expertise.
- Reorganize the CSR Committee.
- Established the Environmental Protection Committee in 2015 to actively promote energy conservation and carbon reduction strategies.
- Actively participate in and won numerous CSR and sustainability related awards.
- Actively plan annual CSR strategies and activities.
- Obtain AA1000AS Type 1, Medium Level Assurance to improve the completeness and reliability of information disclosed in the CSR report.
- Promote CSR from inside out (form the Firefly Volunteer Team, employees voluntarily and personally participate in charitable activities, actively participate in external forums and seminars).
- Ally with global partners (local communities, NGOs, and social enterprises) to promote more long-lasting CSR-related activities with broader influence.
- Started "Light Pioneer" to narrow digital divide based on our core competence and products in 2017.
- Established the Risk Management Team in 2018.
- Set up the comprehensive regulations of volunteers.
- Started "Dream Walker" to encourage more employees to plan and participate ESG plans in 2018.
- Promote ESG projects and plans with customers, suppliers, social enterprise and NGOs.
- Obtain AA1000AS Type 2, High Level Assurance to enhance the completeness and reliability of information disclosed in the ESG report.
- Published ESG quarterly e-newsletter and video clips to promote ESG performance.
- Renamed CSR Committee to ESG Committee in 2020.
- Participate in international ESG awards and recognitions.
- Set the carbon reduction targets in 2021.
- Established the Sustainable Energy Committee in 2021.
- Support TCFD, SASB, SBT and CDP.
