2024
- No environmental fines related to the issue occurred.
- No major environmental incidents occurred.
2023
No major environmental incidents or significant fines (> USD 10,000) related to the issue occurred.
2019- 2022
No major environmental incidents or significant fines (> USD 10,000) related to the issue occurred.
2018
In September 2017, our VOCs treatment equipment in the Xianning Plant suffered a series of temporary shutdown problems for some unknown reason. We stopped part of the equipment for repair, which led to the situation that our VOCs treatment system failed to cover all production departments and was fined 100,000 RMB (approximately 15,000 USD) in 2018 by the local Environmental Protection Bureau. To strengthen our VOCs emissions control, enforce environmental management guarantee the stability of operation, and comply with the emission requirements, we purchased a new series of VOCs treatment equipment to effectively collect VOCs, and strictly inspect exhaust gas treatment equipment and regularly monitor to ensure that volatile organic compounds emitted meet the local emission standards.
2017
A leased manufacturing factory did not submit the Environmental Impact Assessment(EIA) in the year 2017, which led to a 100,000 RMB (about 15,000 USD) fine by the local environmental protection agency. The factory acquired EIA in April 2018. We have to uphold the business principle with honesty and credibility to conduct internal rectification, enforce environmental management, guarantee the stability of operation, and comply with the emission requirements to confirm the sustainable vision of LITE-ON.
2016
No major environmental incidents or significant fines (> USD 10,000) related to the issue occurred.
According to “Taiwan Stock Exchange Corporation Procedures for Verification and Disclosure of Material Information of Companies with Listed Securities”, LITEON defined significant environmental violation as one liable for a fine over 1 million NTD (about 33,000 USD). There was no significant environmental- pollution event transpired in the past 4 years under this definition.
For responsible production and transparency, we also disclose the fines (> USD 10,000) related to environmental or ecological issues as above.
