ANNUAL HIGHLIGHTS
LITEON Overview
Transformation & Rebranding
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Sustainable Governance
Resilience Through Sustainability
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Corporate Governance
Integrity & Transparency
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Environmental Management
Green Design & Management
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People-Oriented, Diversity and Inclusion
A Workplace Where Everyone Thrives
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Social Engagement
Easy To Work With, Willing To Share
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Transformation & Rebranding
Operational and Cultural Transformation Driven by LITEON’s New Leadership.
- Performance : In 2023, the gross profit margin reached 22%, and the operating profit margin was 9.8%. The earnings per share (EPS) after tax was NT$6.36.
- Brand Reengineering: Blending the innovative tech blue with the eco green of sustainability, LITEON unveils its new signature hue: Turquoise Blue
- Innovation Initiatives: IoE ecosystem, Unique Talent Pool & LITEON+ startup platform
Resilience Through Sustainability
Our business vision of “Empowering a Green Future” is driven by our core values: environmental sustainability, inclusive innovation, and sustainable governance.
- Corporate Sustainability Committee:Chaired by the CEO, our top executives lead sustainability initiatives, demonstrating our commitment to sustainability.
Integrity & Transparency
Through robust board governance, we ensure transparency in information disclosure, and the safeguarding of the interests of the company and all stakeholders.
- Ranked Top 5% in the 10th Corporate Governance Evaluation.
- Maintained an AAA investment rating for two consecutive years by Cathay Financial Holdings.
Green Design & Management
LITEON has launched the 555 Carbon Reduction Initiative, focusing not only on reducing emissions in operations and manufacturing but also on collaborating with suppliers to enhance low-carbon design, accelerating the decarbonization of the value chain.
- Following the SBT (Science-Based Targets) goals: By 2023, carbon intensity has been reduced by 46.98% compared to the 2014 baseline year, exceeding the original target by 14.74%.
- Respond to the renewable energy initiative: Joined the renewable energy initiative (RE100) led by The Climate Group and the Carbon Disclosure Project (CDP) in August 2024.
A Workplace Where Everyone Thrives
Cultivating a culture of transparent communication, we ignite employee innovation and competitiveness, striving to make LITEON a source of pride for all.
- Employee Stock Ownership Trust (ESOT) program: From the first day of employment at LITEON, all employees, regardless of tenure, are entitled to join the trust stockholding program.
- Gender-Friendly Workplace: LITEON WoW Women's Club was created in May 2023.
- Diverse Welfare Incentives:A parental allowance with a monthly subsidy of NT$5,000 for children aged 0-6, expanded to 7 days of “Fun Leave” per year, and free staff lunch meals.
Easy To Work With, Willing To Share
Embracing a culture of “Easy to Work With, Willing to Share,” LITEON engages in innovative social initiatives, creating positive impact and becoming a force for societal change.
- The company brand store LITEON Collection: In collaboration with over 10 social enterprises, to promote innovative solutions for Taiwan’s environmental and social issues.
- -1111 EcoRevolve Shopping Fair: Led by Chairman and Chief Sustainability Officer Tom Soong, LITEON held the second-hand charity market, promoting a minimalist lifestyle. with all proceeds from the charity sale donated to NGOs to support social care and ecological conservation.
SUSTAINABILITY REPORT
Time frame : From January 01, 2023 to December 31, 2023
Scope :