Press Releases

2019/09/05

LITE-ON Technology Corporation wins “Corporate Citizenship” Award from Common Wealth Magazine for 13th Straight Year

LITE-ON Technology Corporation has won a Corporate Citizenship Award from Common Wealth Magazine for thirteen years in a row. This recognition is attributable to LITE-ON’s outstanding performance in transparency and corporate governance, as well as its sustainability strategy and SDG developments. In the education field, LITE-ON Award has held for 20 consecutive years, supporting the innovation of technology industry and cultivating numerous young design talents. Facing the global extreme climate challenge, LITE-ON actively involves in the marine ecosystem maintenance by transforming the marine waste Styrofoam into computer peripheral products with its core competences, and creates a circular economy, which has been unanimously recognized by the jury of Common Wealth Magazine.

 

“To achieve sustainable development, LITE-ON upholds its entrepreneurial approach and focuses on solid execution and advancement toward the vision of "Best Partner in Opto-Electronic, Eco-Friendly and Intelligent Technologies." LITE-ON's core values include "environmental sustainability," "tolerance and innovation," and "sustainable governance," consistent with the UN Sustainable Development Goals (SDGs) in green products, application and innovation, responsible manufacturing, employee development, and social impact. LITE-ON works with its stakeholders to achieve economic, environmental, and social sustainability,” said Mr. Warren Chen, LITE-ON Vice Chairman and Group CEO.

 

Through holding “LITE-ON Award” annually, combining competitions, innovation seminar in campuses, and international forums, LITE-ON continuously encourages global Chinese technology innovation activity for nearly 20 years. In 2018, with the theme of “Digital Medical” and “Smart Building,” LITE-ON teamed up with Merk and Infineon to encourage innovative designers in Taiwan toward high value-added potential market development. On the other hand, in view of the marine waste pollution has become a global crisis, LITE-ON started the marine waste recycling project in 2018. LITE-ON works with social enterprises that process Styrofoam-based marine waste, the Environmental Protection Bureau of Penghu County, and suppliers to modify recycled Styrofoam marine debris into recycled plastic resin, and further apply the material to computer peripheral products, such as a keyboard, mouse, etc., as a contribution to marine sustainability applying circular economy model.

 

LITE-ON has been selected as a member of the Dow Jones Sustainability Indices (DJSI) for eight consecutive years and included in the Constituent MSCI ESG Leaders Indexes for six consecutive years. Moreover, LITE-ON was also ranked on the Top 5% listed companies of 2019 Corporate Governance Evaluation by Taiwan Stock Exchange, certified as a constituent in the FTSE4Good Taiwan Index Plus (TIP) Taiwan ESG Index, awarded “Corporate Citizenship” Award from Common Wealth Magazine for 13th straight year, awarded the Paragon Prize in the annual overall CSR survey of 2019 Corporate Social Responsibility Award from Global Views Magazine as well as Platinum Award in Electronic Information Manufacturing group of 2018 Corporate Sustainability Report Awards from TCSA.

 

Contact:

Julia Wang

Senior Director, Investor and Public Relations

Tel: +886-2-8798-2888 email: LITEONTech.IR@liteon.com

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