Issue Date：July 29, 2021
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 will continue to discuss and improve connections with BOD.
The Operation of ESG Committee
- Members of committee and executive representatives review the status and results of ESG projects based on quarterly reports. Besides, executive representatives, the management representative, and ESG team members will join the annual meeting held by ESG Committee once a year to review the annual ESG report and various ESG awards, so as to work out the measures to improve the ESG performance, and simultaneously set the ESG targets and projects for the next year.
- The management representative quarterly reports the implementation of the ESG annual plan to the chairman, members of committee and executive representatives to review the status and results of ESG projects. In addition, the management representative presents ESG performance as well as strategies and plans in the coming year in the annual group meeting.
- CFO, member of Committee & executive representative, presents a Report on the Status ESG and Business Integrity Performance to members of the Board of Directors (BOD) at a board meeting every year. Report contents include the outcomes of ESG project implementation last year and the first half of this year.
- The annual ESG report is prepared by ESG team, and revised by the management representative, members of committee and executive representatives. Finally, it is submitted to the CEO for final approval.
The Members and Structure of ESG Committee
Chairman
CEO
Management Representative
Spokesperson
Member of Committee
Presidents and CFO
Executive Representative
Heads of Business Service 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.
- Established the Environmental Protection Committee in 2014 to actively promote energy conservation and carbon reduction strategies.
- Participate in indicative CSR awards.
- Make society better with optics core expertise.
- Reorganize the CSR Committee.
- 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.
- Established the Risk Management Team in 2018.
- Set up the comprehensive regulations of volunteers.
- Encourage more employees to plan and participate CSR plans.
- Promote CSR 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 CSR report.
- Use various and interactive communication mechanism to promote the performances of CSR
- Create digital CSR reports to strengthen the connection with stakeholders.
