Annual Sustainable Strategy Direction and Goals

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Sustainable Strategy Direction and goals in 2024

  • Sustainable Strategy Direction
  • Based on government regulations, customer requirements, investor expectations, and references to internationally representative ESG indices such as DJSI and MSCI ESG, as well as information on international sustainable development trends, and supplemented by the results of the annual internal risk assessment, the company identifies environmental, social, and governance (ESG) issues that pose relatively higher risks. Therefore, the company has selected six key focus areas as the main tasks for the sustainability strategy direction in 2024. The results of some achievements below will be disclosed in June 2024 in the sustainability report as required by the Financial Supervisory Commission:
    • Deepen Employee Sustainability Awareness
      Vehicle and server customers represent the group with the highest sustainability rating requirements for suppliers. Their demands for corporate sustainability awareness extend beyond environmental and carbon reduction considerations to include explicit requirements for corporate governance, business ethics, human rights, working conditions on the social front, sustainable management of the supply chain, and responsible procurement. Therefore, the overall improvement of capabilities in response to these requirements necessitates sustainability training to enhance employees' sustainability awareness. Simultaneously, refining ESG assessment projects ensures that employees and various functional organizations within the company have a deeper understanding and awareness of sustainable development, fostering a culture of sustainability.
    • Establishment of Sustainable Risk Management Architecture
      Given the recent surge in risks such as international geopolitical issues, inflation, energy crises, and supply chain disruptions, there is an increased emphasis on the ability of companies and supply chains to provide Business Continuity Plans (BCP) from the perspective of customers. For a company, contemplating how to manage and reduce various risks (such as governance risk, strategic planning risk, operational risk, legal compliance risk, and financial risk) is a crucial aspect requiring thoughtful consideration and management.
    • Low-Carbon Innovation Transformation and Green Design
      To meet the growing demands from major customers for net-zero carbon emissions and regulatory compliance, addressing energy conservation and carbon reduction within the company and implementing low-carbon practices in product design, material selection, supplier carbon management, and manufacturing processes will be a significant challenge in 2024. Low-carbon innovation and green design represent important directions for corporate transformation strategies. Driving innovation through carbon emission reduction methods and conducting comprehensive assessments and requirements for the entire value chain and supply chain ecosystem is essential to meet the ESG goals of customers, governments, and investors, creating new opportunities and competitiveness.
    • Promote Sustainable Talent
      International sustainability indicators (DJSI, MSCI, etc.) consider talent management as a crucial aspect of corporate sustainability, encompassing aspects such as human capital development, corporate competitiveness, talent structure, and demographic risks. Strengthening talent management and development, along with designing appropriate management, analysis, and incentive measures, will enhance the company's competitiveness and development.
    • Align with International Standards and guide Sustainable Due Diligence in the Supply Chain
      Responsible procurement and supplier human rights management, as per the requirements of major customers, necessitate due diligence related to operations, materials, and relevant environmental issues. Through due diligence, companies can ensure the sustainability of their supply chain and achieve sustainable development goals.
    • Implement Social Care
      Actively engage in various social welfare activities, care for vulnerable groups, and contribute to society.
  • Sustainable goals
    • Deepen Employee Sustainability Awareness
      (1) Design ESG education and training materials for different departments' needs to enhance sustainability awareness.
      (2) Integrate sustainability indicators into operational management and performance evaluations. Connect work with sustainability indicators to strengthen corporate sustainable development and embed sustainability concepts in the core values of employees.
    • Establishment of Sustainable Risk Management Architecture
      (1) Identify all potential internal and external risks to the company (such as governance risk, strategic planning risk, operational risk, legal compliance risk, and financial risk). Establish a Risk Management Committee, clarify functional responsibilities, and work on improving the overall management and integration of sustainable risks.
      (2) Develop procedural documents and execute risk management processes (such as risk identification, risk assessment, formulation of risk strategies, response and monitoring, reporting and disclosure, etc.).
      (3) Continuously improve the effectiveness of risk management through ongoing risk assessment and management to achieve organizational sustainability.
    • Low-Carbon Innovation Transformation and Green Design
      (1) Reduce product and service carbon emissions and enhance energy efficiency through the research and application of low-carbon technologies.
      (2) Systematically promote the circular economy based on customer demands, utilizing renewable energy and recyclable materials to produce environmentally friendly products and minimize environmental impact.
      (3) Ensure the environmental and social responsibility of suppliers through sustainable supply chain management, promoting low-carbon and green production methods.
      (4) Implement information systems for carbon footprint assessment, energy management, and carbon accounting. Utilize digital management to enforce environmental policies and commitments, reducing environmental impact.
      (5) Continuously focus on green policies and R&D guidelines to innovate and develop products that meet customer expectations for green products, identifying new opportunities and transformation prospects.
    • Promote Sustainable Talent
      (1) Develop employee potential, attract and retain talent, and enhance internal talent mobility to create a competitive advantage for the company.
      (2) Construct a diverse, equal, and inclusive (DEI) work environment, emphasizing and building a healthy workplace environment.
      (3) Establish systematic training to cultivate talent with core values and interdisciplinary skills.
    • Align with International Standards and guide Sustainable Due Diligence in the Supply Chain
      (1) Continuously follow internationally recognized supply chain management norms and standards, such as the United Nations Global Compact and OECD guidelines.
      (2) Improve supply chain transparency through due diligence, enabling the company to better understand its supply chain operations. This helps identify potential risks, such as labor rights and environmental pollution issues, and take measures to reduce these risks.
      (3) Continuously enhance the management system and quality of responsible procurement due diligence projects (e.g., minerals, human rights, ecological environment) in the supply chain.
    • Implement Social Care
      (1) Quanta Culture & Education Foundation
      • Focus on cultivating artistic appreciation skills in primary and secondary school students.
      • Enhance logical thinking, improve digital literacy, and broaden the horizons of intelligent living.
      • Train teachers in creative teaching, curriculum development, and digital literacy.
      • Collaborate with local governments, art museums, museums, and academic institutions to promote aesthetic education and procedural education for primary and secondary school students.
      • Establish a platform for sharing integrated thematic curriculum teaching and build a knowledge management database.
      • Provide scholarships for financially challenged students pursuing arts, science, and technology.
      • Organize volunteer activities in remote areas for public welfare education.
      (2) Quanta Arts Foundation
      • Uphold the principles of "Inheriting tradition, igniting innovation, promoting science and art, and cultivating talent."
      • Transform from "Quanta Computer" to "Quanta Arts Foundation," progressing from technology to culture. Utilize digital media sharing platforms to create a socially enriched cultural society, collaborating with all art and technology talents to build a lasting Chinese artistic culture for the new era.