THC strives towards our enterprise purposes:“ acquiring good business reputation, developing global markets, respecting our clients, caring for our employees, and fulfilling our social responsibilities. ” In addition to pursuing stable growth, THC attaches importance to corporate social responsibility, which is the responsibility of being a corporate citizen. Thus , we have formulated the “Sustainable Development Best Practice Principles” on November 12, 2015 and established the “ Corporate Social Responsibility Committee” in October 2019. It is responsible for formulating sustainable development policies, promotion plans, and valuing environmental, social and corporate governance issues. To cope with Corporate Governance 3.0 - Sustainable Development Blueprint issued by Financial Supervisory Commission R.O.C., the Company “Corporate Social Responsibility Committee ” was renamed “Sustainable Development Committee” on May 2021. It will continues promoting ESG (Environment, Social, Governance), enhancing sustainable development capability, maintaining the Company’s corporate image, and fulfilling corporate social responsibility as our focus of goals.
Sustainable Development Structure
The Sustainable Development Committee is led by the Chairman and General Manager of THC, and the General Administration Department is responsible for holding meetings, collecting information, and reporting to the Board. Under the committee are four teams: Corporate Management Team, Sustainable Environment Team, Products and Services Team, and Employees/Social Care Team. The committee engages in dialogue and carries out various initiatives with stakeholders sharing their concerns with their respective responsibilities. Externally, the Sustainable Development Committee oversees this report's review, third-party certification, and publication. The committee will hold regular sustainable development meetings to draw up the Company's annual implementation objectives and plans and track implementation performance. We issue an ESG Report every year to meet the expectations of governments, capital markets, supply chains, and other stakeholders regarding the sustainable development of THC.
Promote sustainable development and supervision
Our board of directors values the issue of environmental protection and climate change. The CEO and chairman lead the ESG Committee to set objectives, execute, and review results. Externally, the Committee coordinates the review, third-party certification, and release of ESG reports. After completing the report, the Promotion Chair confirms the ESG report and reports to the board of directors. The Committee will hold regular, sustainable development meetings to draw up the Company's annual implementation objectives and plans and track implementation performance.
The 2023 implementation will be reported to the Board of Directors on March, 2024. In order to cope with the impacts of climate change, they suggested that the company should actively promote a GHG inventory program and energy management.
In 2023, we focused primarily on ESG issues in the Sustainable Development Committee meeting :
During the 2023 Board of Directors meetings, the following ESG resolutions and reports were approved:
March 10
April 18
May 9
June 9
August 10
November 10
ESG Report Scope and Boundary
The disclosed financial data in this report is derived from THC individual financial statements, and has been audited and certified by Deloitte & Touche LLP in accordance with International Financial Reporting Standards.
The disclosed financial data in the specific chapter of this report is derived from THC consolidated financial statements. Environmental data disclosure is a major Taiwan area as scope and boundary.