To strengthen the Company's governance and promotion of sustainability, and to ensure the effective implementation of its sustainability strategies and goals, the Company formally established the Sustainable Development Committee (hereinafter referred to as "the Committee") with the approval of the Board of Directors on May 8, 2024. The Committee is composed of three members and aims to enhance the Company's management and oversight in areas such as environmental protection, social responsibility, and corporate governance, ensuring that while pursuing economic benefits, the Company also fulfills its responsibilities to society and the environment.
Under the authorization of the Board of Directors, the Committee shall exercise the duty of care of a good administrator and faithfully perform the following responsibilities, with reports submitted to the Board of Directors:
- Formulate, promote, and strengthen the Company's sustainability policies, annual plans, and strategies.
- Review, track, and revise the implementation status and effectiveness of sustainability initiatives.
- Supervise sustainability-related disclosures and review the sustainability report.
- Oversee the implementation of the Company's Sustainable Development Best Practice Principles and
other sustainability-related tasks as resolved by the Board of Directors.
In 2024, the Sustainable Development Committee convened a total of three meetings, with reports submitted to the Board of Directors.
The Company has established the ESG Promotion Committee (hereinafter referred to as the ESG Committee) as the executive body to assist the Sustainable Development Committee in implementing various plans. In accordance with Article 6 of the Organizational Regulations of the Sustainable Development Committee, the executive functions are performed by relevant department heads, who serve as members of the Sustainable Environment Group, Social Responsibility Group, Corporate Governance Group, and Sustainability Information Disclosure Group. The General Manager acts as the convener, reporting the implementation status during monthly management meetings and, when necessary, urging timely adjustments. The ESG Committee held a total of 17 meetings in 2024 to discuss project execution progress, changes in domestic and foreign laws, and issues concerning CBAM.
The ESG Committee is a cross-departmental communication platform responsible for planning,
implementing, and controlling various action plans. It integrates and supervises the implementation progress
and effectiveness of the four key aspects: corporate governance, social responsibility, environmental
management, and sustainable information disclosure, ensuring the effectiveness of both horizontal and
vertical communication within the organization and concrete practices of sustainable development.
- Responsibilities of the ESG Committee:
- Formulate the annual corporate sustainable development plan and strategic direction.
- Plan and execute various activities related to corporate sustainability development.
- Track and review the implementation and effectiveness of the corporate sustainable development plan.
- Make decisions on other ESG-related matters, including corporate governance, environment, and social issues.
- Monthly meetings to report and discuss corporate sustainability development-related topics.
- Regularly report the ESG implementation plan and results to the Board of Directors every year.
Organizational structure of the Sustainable Development Committee
