While pursuing excellent company development, Novatech implements corporate social responsibility management,addressing sustainability issues in the economics, social,environmental, and governance aspects. Following the Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies, we have established the Code of Practice for Sustainable Development and set up the Sustainability Promotion Group, which is responsible for proposing and
implementing sustainability policies and systems.
To ensure sound sustainability management, the Board of Directors has authorized the Sustainability and Nominating Committee to supervise the Company’s sustainable development practices and other Board-approved sustainability policies or systems and regularly report to the Board. The Sustainability and Nominating Committee, in addition to regularly monitoring the progress of each group’s operations based on reports from the Sustainability Promotion Group, also carries the mission of formulating the corporate sustainable development vision.While balancing company operational performance and
promoting sustainability issues such as social, environmental,and corporate governance, it makes statements on corporate sustainable development policies and ensures the disclosure of sustainability-related information. Additionally, in compliance with regulatory requirements, Novatech submits quarterly
reports on the progress of greenhouse gas inventory and verification to the Board of Directors.
The Sustainability Promotion Group members include the President’s Office, Supporting Center, Administrative Department, Logistics Department, ISEP Department, and Technology and Environment Department. It is divided into the Corporate Governance and Economics Group, Employee and Social Care Group, and Sustainable Environment and Products and Services Group, with the Greenhouse Gas Inventory Group and Risk Management Group established under the Sustainable Environment and Products and Services Group. The Risk Management Group comprehensively evaluates the probability and impact of various risks faced in daily business activities and management processes, including risk identification,measurement, monitoring, reporting, and handling.
Responsibilities of the Sustainability Promotion Group
- Policy and Direction Planning
Convene depar tment s to propose and rev iew the appropriateness of corporate sustainability development policies or systems, and hold regular meetings.
Hold management execut ive meet ings to establish sustainability development policies, systems, or related management systems, submit it to the Board for approval.
Convey employees' questions or suggestions about theCompany's sustainability strategy to senior executives.
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Sustainability Performance Implementation
Promote corporate sustainability development system and conduct performance review.
- Communication
Regularly report to the Board of Directors on the progress of corporate sustainability development initiatives annually.
- Disclosure
Disclose the implementation of corporate sustainability development on the company website.
- Education and Training
Regularly organize corporate sustainability development education courses for management and employees.
Sustainable Promotion Unit Organizational Char
