BLUEPRINT
Uphold social inclusion to extend social influence
Implement sustainable
designs to improve product performance
Focus on R&D and
innovation and build a smart future
Shape the entrepreneurial spirit for stronger human capital
Implement responsible production
for less operational impact
|
SUSTAINABILITY COMMITTEE |
As a way to raise sustainable competitiveness and to demonstrate the company's commitment to sustainable development, LITEON passed a resolution to establish the Corporate Committee (CS Committee) directly under the board of directors in April 2019. The committee is the highest authority governing the company's sustainability-related operations. LITEON is one of the few TWSE-listed companies in Taiwan to elevate sustainable governance to the level of directors.
The CSR Committee shall be composed of three or more board members selected by the board of directors. Half or more of the committee members shall be independent directors. The level of authority for the CSR Committee was elevated again in November 2020. The board of directors passed a proposal to appoint LITEON Chairman Tom Soong to be the chairman of the CSR Committee in charge of setting annual CSR targets in terms of the economic, environmental, and social aspects of the business. Progress is monitored regularly to ensure LITEON's continuing advancement toward sustainability and fulfillment of short-, medium-, and long-term goals. In addition, updates and results are reported regularly to the board of directors annually.
In response to the environment and issues of interest to stakeholders as well as changes in industry trends, we evaluated LITEON's core competencies, and divided committee activities into nine categories to be incorporated into routine operations. The objective is to establish more focused and more refined sustainability and accountability regulations. Hence, two function units, which contain nine sub-committees, are created under the CSR Committee. The sub-committees are "risk management", "information security" management, "ethical corporate management", effective management of the RBA code of conduct, community involvement, supply chain management, green design, environmental sustainability, information disclosure and added value improvement. The goals of each committee are set out in the 2022 LITEON Sustainability Report.
光寶長期關注環境議題並發揮影響力，以具體節能行動及全員參與，呼應企業對氣候暖化的責任與關注
|
Subtitle Subtitle Subtitle Subtitle Subtitle |
Two images side by side ContactContactContactContactContact, ContactContact ContactContac ContactContactContactContact |
Two images side by side ContactContactContactContactContact, ContactContact ContactContac ContactContactContactContact |
- LITEON participates in the CDP and has received the highest rating in CDP Supplier Engagement. The company sets rigorous targets and takes actions to reduce GHG emissions, mitigate climate risks, and develop a low-carbon economy
- LITEON's Science Based Target (ST) aims to reduce carbon emissions passed compliance review by Science Based Targets Initiative (SBTi)
- LITEON follows the Task Force on Climate-Related Financial Disclosures (TCFD) initiative to identify climate risks and opportunities to formulate adaptation and mitigation strategies
LITEON focuses on environmental issues and takes action to save energy with the participation of all employees, fulfilling its responsibility and concern for climate change
- Carbon reduction with Science-Based Targets (SBT)
- By 2025, reduce carbon intensity by 39.3% from 2014
- CDP and TCFD Framework Disclosure for stakeholders
- Perform carbon footprint inventory and identify hot spots that aim to reduce carbon emission of products through 3R green design methods
- Implement zero landfill in plants toward a circular economy
- Committed to 100% Renewable energy
- Set a carbon intensity reduction target of 5% annually, reducing product carbon footprint by 5% per generation, and actively working towards achieving net-zero emissions by 2050.
LITEON Supports International Standards
- Responsible Business Alliance, RBA
- Social Accountability 8000, SA 8000
- Universal Declaration of Human Rights
- International Labour Organization
- UN Guiding Principles on Business and Human Rights
- LITEON Human Rights Policy
- LITEON CSR Code of Conduct
LITEON Upholds the Core Values of "Innovation, Integrity, Customer Satisfaction, and Excellence in Execution"
- Corporate Sustainability Committee led by chairman
- Followed ISO 31000 risk management principles and guidelines
- Information security system complies with the ISO 27001 standard, while operational technology (OT) follows the ISA/IEC 62443 standard. We have also integrated enterprise risk management and adopted the NISTIR 8286 framework
- Integrating ESG into supply chain management to expand energysaving and carbon-reducing impact with suppliers
