Lite-On Technology Corp. (TW 2301) is pleased to announce that it has been selected as a leading member of the 2011 Dow Jones Sustainability Index (DJSI), listed in both DJSI-World and DJSI-Asia Pacific. Not only was Lite-On the only Taiwan company selected in the Electronic Component and Equipment (ELQ) sector, but it was ranked first, "Industry Leader" among all companies named in the sector.
Lite-On participated in the DJSI evaluation and it was selected as a member in both DJSI-World, and DJSI-Asia for the first time. DJSI selected 2,763 leading companies worldwide to participate in the evaluation, with 60 Taiwan companies chosen to take part in the evaluation. Of those 2,763 candidates, just 342 companies were selected as members in 57 sectors, with just one company named as the "Industry Leader" in each sector. Lite-On was the only Taiwan company chosen to represent the ELQ sector, and was named "Industry Leader" in ELQ, ahead of leading-edge companies from Japan, Korea and France.
Lite-On impressively garnered the highest scores in 13 out of 18 criteria in the ELQ sector, including "Customer Relationship Management" and "Risk & Crisis Management" in the economic dimension, "Climate Strategy", Environmental Policy/Management System", "Operational Eco-efficiency", "Product Stewardship" and "Water Related Risks" in the environmental dimension and "Corporate Citizenship and Philanthropy", "Human Capital Development", "Labor Practice Indicators", "Occupational Health and Safety", "Standards for Suppliers" and "Talent Attraction & Retention" in the social dimension. Lite-On's outstanding performance in all of these respects reaffirmed Lite-On's strong commitment to Corporate Social Responsibility (CSR) development for years. Lite-On will continue making steady efforts regarding sustainability performance in all dimensions, working closely with players in the whole supply chain, to the clear benefit of its stakeholders as well as the local and global communities.
About Dow Jones Sustainability Index (DJSI)
The Dow Jones Sustainability Indexes were launched in 1999 as the first global sustainability benchmarks. The indexes are offered as part of a cooperative effort by the SAM (Sustainable Asset Management) Indexes and Dow Jones Indexes. DJSI picks the worldwide top 2,500 companies for the evaluation, tracking their performances in terms of economic, environmental and social criteria and selects the top 10% to be listed as its members. The indexes serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies who want to adopt sustainable best practices. The Dow Jones Sustainability Indexes comprise global and regional benchmarks including European, Eurozone, Nordic, North American, US, Asia Pacific, and Korean indexes.
About Lite-On Technology Corporation
Lite-On Technology Corp. was founded in 1975, and was Taiwan's first LED product manufacturer. Since it was incorporated, Lite-On has established many firsts among companies in Taiwan, including being Taiwan's first listed electronic company when it became listed on Taiwan's stock exchange in 1983, which symbolizes the Company's entrepreneurial spirit of being "the first". In 2002, four listed companies including Lite-On Electronics, Lite-On Technology, Silitek and GVC were consolidated as an unprecedented event for Taiwan's stock market. Lite-On has successfully maintained a "profitable growth" strategy, and has focused on the development of core Opto-Electronic components, including Power Supply, Optoelectronics, Mechanical Competency, and Connected Devices & System Solution Business Groups. Lite-On products are extensively used in 4C fields of computers, communication, consumer electronics and car electronics. While taking into consideration environmental needs and future industrial development trends, the Lite-On Group has leveraged its information & communications technology strengths in recent years to expand into new energy industries and has realized increased efficiency in new energy supply chains in various industries, including solar power for energy creation products, power inverters for energy conversion products, new LED lighting resources and high-efficient power supplies that are energy saving products, and electric vehicle power systems and battery modules for energy storage products, all of which will be new forces driving the Lite-On Group's further growth. Making every effort to be a good corporate citizen, while simultaneously concentrating on sales and profits as engines of growth, Lite-On has succeeded in putting active CSER programs into practice. Lite-On not only won the Commonwealth Magazine's "Corporate Citizenship Award" for five consecutive years but was also awarded 2nd place in the "Most Admired Companies," in the electronic industry for 2 years in a row. In 2010, Lite-On also won Global Views Monthly's Five Stars Award of Social Responsibility Award, in the A section for listed tech firms. For Corporate Governance, Lite-On has been ranked grade A in the Institute of Securities & Futures Markets Development's Information Disclosure Assessment. The Lite-On Cultural Foundation has won "National Civic Services Award" in 2009 for outstanding performance of vigorous participation in social and public interest.
Contact:
Julia Wang Director, Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@liteon.com