ESG
Sustainable Operation Commitment
Message from the Chairman
![](http://www.thpt.com.tw/wp-content/uploads/2022/08/董事長.jpg)
Looking back on 2023, as the COVID-19 epidemic comes to an end, in addition to the continued stalemate in the Ukraine-Russia war, the Israeli-Palestinian war also broke out quietly, which not only deepened international tensions, but also impacted industrial policies and supply chains. At the same time, brand manufacturers continue to adjust their inventories and overseas labor costs rise, resulting in orders for consumer electronic components falling short of expectations. Taihan Technology adheres to its core business and responds to customer needs, stepping up the planning and construction of a new factory in Vietnam, strictly controlling various costs and expenses, expanding the scope of business orders, and continuing to create value for all stakeholders.
In addition, in response to the rapidly changing times, the company continues to examine issues of concern to various stakeholders through ESG (environment, society, governance). While pursuing profits and growth, it also pays attention to the integration of sustainable goals and operating strategies. Continue to strengthen its own resilience and become a responsible enterprise that works well with its employees and even better with society.
Climate change response: As global warming becomes increasingly serious, and COP28 once again affirmed that efforts will be made to control the increase in global average temperature this century within 1.5 degrees above pre-industrial levels, countries are gradually increasing their efforts to legislate carbon fees and carbon tariffs. Taihan Technology plans in response to the national net-zero policy, completes climate-related risk disclosures in accordance with TCFD requirements, and completes all factory carbon inventories on its own every year in accordance with ISO 14064. In the future, we will continue to promote relevant carbon reduction plans, replace old machines, improve energy efficiency, and move forward step by step towards the planned carbon reduction goals.
Social care: Employees are the foundation for an enterprise to retain technology and knowledge.Through data analysis, in addition to professional skills, Taihan Technology also actively arranges training for newcomers, information security, environmental security and general education.Continue to enhance the depth and breadth of education and training. While improving employee functions, we also continue to promote a safe and clean production environment with zero accidents and zero work-related injuries through the Occupational Safety Committee.
In 2023, Taihan Technology held a total of 7 public welfare activities (such as donations, donations, blood donations and volunteer activities, etc.), including distributing mooncakes during the Mid-Autumn Festival with the Huashan Foundation, Xinlu Foundation’s donation of early childhood education funds and In the charity activities in overseas factories, a total of 158 people have participated in related charity activity plans, hoping to do their best for society.
Sustainable governance: In 2023, we formally established the Sustainability Development Committee to assist the board of directors in supervising the promotion and implementation of the group’s various sustainability issues. It has also entered the top 6-20% of the corporate governance assessment group for two consecutive years. In addition, through the identification of independent laws and regulations and the inclusion of integrity management as a required course for all indirect personnel, the company has strengthened its ability to comply with laws and operate with integrity to achieve the goal of sustainable business operations.
Sustainable Development Committee
In order to strengthen the company’s sustainable governance, Taihan Technology officially established the Sustainability Development Committee in November 2023. As a functional committee, it assists the board of directors in supervising and handling various sustainability issues (Stakeholder Engagement, formulation of major issues and response, annual sustainability goals and plans, etc.).The committee is composed of a total of 3 people, including the executive vice president and two independent directors. The executive vice president serves as the chairperson. It assists in formulating relevant sustainability strategies and goals and regularly reports on implementation results, stakeholder discussions and sustainability reports. Report to the Board of Directors. In order to improve the efficiency of the company’s sustainable operations, a sustainability implementation group has been set up, divided into three working groups, namely the corporate governance group, environmental protection group and social relations group to coordinate and plan each unit more quickly to ensure that all Implementation of sustainable strategies and goals.
![](http://www.thpt.com.tw/wp-content/plugins/elementor/assets/images/placeholder.png)
![](http://www.thpt.com.tw/wp-content/uploads/2023/12/永續組織圖-1024x689.png)
Integrity Management
Taihan Technology has set up a “sustainable promotion team” to be responsible for promoting corporate governance issues such as honest management, anti-corruption, and anti-bribery networks. Taihan Technology upholds the corporate culture of integrity management and the sound development of good business operations, and has formulated the “Integrity Management Code” approved by the board of directors to ensure the implementation of the company’s integrity management.
execute project | effectiveness | Evaluation |
---|---|---|
The headquarters promotes "Integrity Management" to overseas factory | Taiwan:18 persons;18 hours Vietnam factory: 20 persons; 20 hours Dongguan factory: 17 persons; 17 hours Philippines factory: 16 persons; 16 hours | 1. All staff’s post-course test scores are higher than 80 points 2. A total of 71 people; 71 hours |
The factory conducts self-organized education and training on integrity management | Vietnam factory: 730 persons; 1,460 hours Dongguan factory: 72 persons; 72 hours Philippines factory: 65 persons; 65 hours | A Total 867 persons; 1,595 hours |
New employee induction education and training and signing of the Code of Integrity Management | In 2023, a total of 8 newcomers will register in Taiwan, with a total of 8 hours of integrity management education and training, and 8 signatures of the integrity management code. | All staff’s post-course test scores are higher than 80 points, and the code signing rate is 100% |
Cases of dishonesty or corruption complaints received in 2023 | 0 cases | Shows that there is currently low significant risk |
Internal and external personnel reporting system and process
In order to implement the company’s ethical behavior and integrity management, Taihan Technology encourages the reporting of illegal, immoral or dishonest behaviors, and formulates “Procedures for Reporting Illegal and Unethical or Dishonest Conduct”. The company’s internal or external personnel and stakeholders can prepare relevant evidence (name, unit, characteristics or violations of the person being reported) and report to the independent directors, spokespersons, and internal auditors announced on the company’s website. Taihan Technology promises to keep confidential the informant’s personal information and any information that may reveal his identity, so as to protect the relevant rights and interests of the informant and avoid unfair treatment.
Cases that have been found to have violated the “Code of Conduct” or “Integrity Management Code” will be punished according to regulations. If the circumstances are serious, they will be removed from office and the right of legal recourse will be reserved.
Reporting channel | Authority | Announcement of verdict | Improvement plan |
---|---|---|---|
Company's website 〈Contact〉 Reporting mailbox relationship@thpt.com.tw | 1. Spokesperson: Accept reports from shareholders, investors and other stakeholders. 2. Operation center: reporting of customers, suppliers, and contractors. 3. Personnel department: accept reports from colleagues within the company. | If the person being reported has indeed violated relevant laws or the company's integrity management policies and regulations, he shall immediately request the person being reported to stop the relevant behavior and deal with it appropriately. If necessary, he shall report to the competent authority or transfer it to the judicial authority for investigation, or through the law The program seeks damages. | The responsible unit will report to the board of directors on the reported situation, how to deal with it and the follow-up review and improvement measures. |
Communication with Stakeholders
Taihan Technology believes that only by understanding and paying attention to our stakeholders and deepening communication can we continue to improve in the promotion of corporate social responsibility. Through questionnaires and various communication channels, we collect and understand issues of concern to clients, shareholders/investors, suppliers, employees, and government agencies, and sort out issues of high concern to various stakeholders, and further respond to meet all Stakeholder needs.
Stakeholder | Issues of Concern | Communication Frequency and Method | 2023 Communication Effectiveness |
---|---|---|---|
clients Taihan Technology is committed to establishing long-term partnerships with customers and providing products and services that meet customer needs | 1. Raw material usage management 2. Human Rights Assessment and Labor Rights 3. Information security 4. Ethics and Integrity | ◎Annual customer satisfaction survey ◎Quarterly/monthly Monthly quality delivery review meeting ◎Irregular Product Project Discussion customer visit E-Mail: alen@thpt.com.tw | In the 2023 customer satisfaction survey, the overall average satisfaction score was 93.3 points |
Shareholders/Investors Taihan Technology expects to create a company that takes into account both profitability and sustainable development. Therefore, every shareholder/investor is an important supporter of the company. | 1. Raw material usage management 2. Workplace Health and Safety 3. Governance structure 4. Legal compliance | ◎Annual Shareholders’ Meeting annual report Sustainability Report ◎Quarterly financial report ◎Irregular communicate via telephone or email Institutional investors' conference Official website press release Market Observation Post System(MOPS) E-Mail: tony@thpt.com.tw | 1. The company's spokesperson should answer shareholders' visits or telephone interviews to explain doubts 2. The board of directors and the audit committee are convened quarterly in accordance with the law to regularly review operating results and risks 3. Hold the annual meeting of shareholders to explain the company's operating results and future prospects 4. A total of 41 major news and announcements were released on the Public Information Observatory. |
suppliers Taihan Technology provides customers with the best products through open supplier management. | 1. Raw material usage management 2. Human Rights Assessment and Labor Rights 3. Labour Relations 4. Operational continuity management | ◎Annual Supplier Assessment ◎Irregular On-site audit of suppliers communicate with suppliers via telephone or email E-Mail: alen@thpt.com.tw | There is no significant risk based on Taihan Technology's supplier sustainability assessment questionnaire. |
employees Taihan Technology is committed to providing employees with a safe and comfortable working environment. Excellent employees are the key to our continuous growth. | 1. Human Rights Assessment and Labor Rights 2. Workplace Health and Safety 3.Labour Relations 4. Career development and education training | ◎Monthly Employee Welfare Committee ◎Irregular Complaint line employee interview satisfaction survey E-Mail: rita_chen@thpt.com.tw | 1. In 2023, there will be no complaints about violations of laws and regulations 2. In 2023, the Welfare Committee will provide more than 10 pieces of internal information about employee welfare, and actively improve employee welfare. 3. The overall satisfaction score of the 2023 employee satisfaction survey was 76.2 points. |
Government agencies Government agencies are the basis for enterprise development. Taihan Technology actively cooperates with the implementation of various policies. | 1. Waste management 2. Human Rights Assessment and Labor Rights 3. Workplace Health and Safety 4. Information security | ◎Irregular Official documents Policy advocacy participation in seminars and conferences Material information E-Mail: alen@thpt.com.tw | Our company mainly consists of the operation center, audit office, general accounting management office and administrative management office to deal with various government agencies. |
local community Community residents are not only potential human resources for Taihan Technology Source, and also a follower of our sustainability issues | 1. Workplace Health and Safety 2. Climate change risks and opportunities 3. Risk control 4. local community involvement | ◎Irregular Official website Participate in charity activities community visit Report mailbox E-Mail: alen@thpt.com.tw | 1. No reports were received from the community in 2023 2. Irregular visits from community leaders |
Supplier Management Policy
Taihan Technology has formulated the “Supplier Code of Conduct” as the basis for supplier selection and evaluation. It also conducts regular evaluations of cooperative suppliers every year. The evaluation content includes: labor and human rights, health and safety, environment and business ethics. , and requires suppliers to not only maintain product quality and price, but also fulfill corporate social responsibilities with Taihan Technology. If there is a serious violation, cooperation with the supplier will also be terminated.In 2023, Taihan Technology’s supplier evaluation will be based on the transaction amount from large to small, and the top 35 suppliers whose cumulative transaction amount exceeds 80% of the total transaction amount will be evaluated.The assessment results show that all suppliers are at the first level, which means that Taihan Technology’s risks with suppliers are relatively small and it has established good communication channels. We hope to establish a good sustainable supply chain with our cooperative suppliers.
Grade | Score | management | statistics |
---|---|---|---|
first level | 85 or above | Good suppliers have to increase their purchases. | 35 |
second level | 60-84 | Qualified suppliers will conduct publicity and education training. | N/A |
third level | Below 60 | Suppliers with bronze medals for two consecutive years will terminate their cooperation. | N/A |