Issue Date：August 15, 2025
ESG Committee
To promote sustainable development, Coretronic established the “Corporate Social Responsibility Management Committee” in 2008, which was renamed the “ESG Committee” in 2020. Following the “Sustainable Development Best Practice Principles” approved by the Board of Directors, the Chairman serves as the “Committee Chair” of the ESG committee, with the President and Chief Financial Officer (CFO) as “Members (or Commissioners)”. The “Management Representative” role is assumed by the Spokesperson. The ESG Committee also authorizes “Executive Representatives” from governance/economic, social, and environmental departments to assist in advancing ESG-related initiatives.
Currently, the ESG Committee operates as an independent organization. In addition to approving the “Sustainable Development Best Practice Principles”, the “Sustainability Report Preparation and Verification Procedures”, the “Sustainability Report Material Topics”, and the “Sustainability Report”, the Board of Directors also regularly receives reports from the management team (including updates on sustainability plans, targets, and implementation status). The management team is responsible for formulating sustainability plans and targets and regularly reviewing their implementation status. The Board of Directors periodically reviews and supervises the progress of ESG initiatives and urges the management team to adjust as necessary.
The Operation of ESG Committee
- The ESG Committee members and executive representatives review the status and results of sustainability implementation through quarterly briefings and hold quarterly meetings with the ESG Team. Executive representatives and ESG Team members attend these meetings to discuss the Sustainability Report published for the year and major sustainability awards, to formulate the sustainability plans and targets for the following year.
- The management representative reports the progress of the annual sustainability plan execution each quarter to the Committee Chair, committee members, and executive representatives, and presents the annual sustainability performance, along with the key focus areas and plans for the following year, during the annual group meeting.
- The Chief Financial Officer (CFO), both an ESG Committee member and executive representative, provides an annual report to the Board of Directors. The report includes updates on the implementation results of sustainability projects, the climate change risk management framework and response strategies (TCFD: Task Force on Climate-related Financial Disclosures), various environmental indicators, SBT carbon reduction targets and pathway, renewable energy strategies, and the future direction for sustainable development. In addition, quarterly updates on the execution of greenhouse gas inventory activities are reported to the Board of Directors.
- ESG Team members establish sustainability policies in accordance with international standards and government regulations and strengthen the execution of sustainability strategies through internal and external training programs.
- Annual material topics are identified by the ESG Team following the Material Topic Identification Process and are reassessed every two years. The material topics for each year are submitted to the Board of Directors for approval.
- The Sustainability Report is compiled by the ESG Team based on information collected from each department. It is then reviewed in sequence by the management representative, executive representatives, and Committee members, and finalized for issuance after approval by the Board of Directors.
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
