Ethics and Integrity Management
To create a sustainable business environment, Nova Tech adopts the principle of "Integrity" as its management principle to safeguard the company's ethical values and reputation, and to guide its internal staff to behave in accordance with ethical standards. For important internal behaviors, Nova Tech has formulated relevant regulations and a communication mechanism for its employees to follow, in order to implement the company's business philosophy of "Service, Integrity, Professionalism, and Win-Win".
Integrity Management Policy
In order to establish a corporate culture of honesty and integrity in business operations and for the sound development of the Company, the Board of Directors of Nova Tech has adopted and formulated the "Code of Business Integrity", "Business Integrity Procedures and Guidelines" and "Principles of Ethical Behaviorsr" with the objective of implementing the business philosophy of honesty and simplicity through the adoption of policies to regulate the sense of ethics and responsibility of the Company's employees in the conduct of business operations. All employees of the Company are expected to conduct their business activities with high ethical and moral standards and ensure that the Company effectively complies with domestic and foreign regulations such as the Company Act, Securities and Exchange Act, Business Entity Accounting Act, Political Donations Act, Anti-Corruption Act, Government Procurement Act, Act on Recusal of Public Servants Due to Conflicts of Interest, Code of Business Conduct for Listed and OTC Companies, and Code of Ethical Conduct for Listed and OTC Companies, United Nations Universal Declaration of Human Rights, Global Covenants, International Labour Organization Conventions, etc.
This Company is committed to upholding the common values of business conduct, promoting corporate governance with high ethical standards, requiring all employees and suppliers to comply with the law, the Code of Integrity, protecting intellectual property rights, and preventing improper transfers of benefits to the detriment of the interests of the Company, its customers and suppliers. Our integrity management is mainly reflected in the following four behaviours:
Integrity Management Practice
In order to ensure that the Company's philosophy of integrity management is implemented, the Company adopts a multi-pronged approach in four major areas, including Organization and responsibility, internal control, Education Training and Evaluation, and supplier commitment:
Corporate management ethics training
The General Manager has personally promoted integrity management at the Board of Directors' meetings and at all-employee meetings, demonstrating the Company's determination to implement integrity management. The percentage of employees and governance unit members who have been educated on the policies and procedures related to integrity management is 100 per cent. Relevant documents are posted on the Company's internal system for immediate viewing and reading by employees. The Company has also organized a number of campaigns on ethical management to explain appropriate behaviours and practices, and has included courses on ethical management in the mandatory curriculum for employees, in order to achieve the goal of promoting the participation of all employees in ethical management. In 2023, a total of four online training sessions were conducted on the handling of material internal information and prevention of insider trading, the Code of Conduct for Business Ethics, the Guidelines for Business Ethics and Conduct, and the Code of Ethical Conduct. The cumulative number of training sessions was 604 and the total number of training hours was 302, representing a 100% training rate for employees.
