Message from the Chairman and the Chief Sustainability Officer
Dare to Dream: Developing a Mindset of Fearlessness and Open-Mindedness for a Life of Adventure and Achievement
In November 2022, while the world was still struggling to recover
from the pandemic, no one noticed the arrival of a greater wave.
The impact of ChatGPT swept across industries like a tsunami,
changing the way we live and work. Many routine jobs may no longer
be essential in future workplaces, and cross-disciplinary communication
skills and the ability to quickly grasp trends and issues
will become critical. The world of the future is filled with opportunities,
and those who are brave enough to accept change and create
new value will be able to seize these opportunities.
During the pandemic, many people talked about the resilience of
businesses, but I often talked with my colleagues about the resilience
of our psyche. True athletes have to compete against themselves
every time they make progress. Resilience does not depend
on external factors, regardless of whether it is smooth sailing or
stormy weather. We must continue to move forward, and our only
opponent is ourselves. While the AI revolution caught everyone
off guard, the ability to quickly adapt and take advantage of the
situation amid the changes is the key reason why LITEON has
stood firm for over forty years in the face of rapid changes in the
technology industry and paradigm shifts. AI can take over some
human work, but only humans can create value. Humans are still
the master, and AI can be transformed into IA (Intelligent Assistant)
to become the best assistant for humans.
LITEON's Philosophy of Holistic Development in Family,
Career, and Vocation
LITEON puts people first. We have established a corporate culture
based on the world's most exceptional talent and continue to
move forward through changes and challenges. At LITEON, you
are not only a doer, but also a thinker, and we hope that you can be
a dreamer. LITEON has created a force field based on will power
where changes and innovation are possible, and gather together a
group of dreamers, making brand recognition a force for gathering
energy and moving in the same direction.
We took a series of measures with an overall perspective over the
past two years to build employees' confidence and resilience for
facing the future based on the spirit of mutual benefit and winning.
We continued to optimize benefits and care, including the employee stock ownership trust and free employee meals with
quality that rivals food courts, and complete family and child care
policy to eliminate any worries that employees may have.
It is as mentioned in the book The 7 Habits of Highly Effective People
by Stephen R. Covey, success is not only about career development,
but also family, friends and vocation. Life is a marathon. You
start out with integrity, your abilities and learning capacity push
your forward, prepare to solve problems at any time, and make an
all-out effort! At LITEON, we hope that everyone will live a life of
abundance. This is why we not only focus on career development,
but also actively participate in society to create a positive impact.
Small Store with Big Impact
We worked with partners in ocean issues in 2022, and helped
farmers get through difficult situations. We took an entire year to
prepare for the opening of LITEON Collection. LITEON Collection
is not only a brand store, but also involved the collective efforts of
many partnering social enterprises. The store serves as a platform
for LITEON to exert its influence and spread positive values and
ideals. LITEON actively reaches out to support values that are mutually
beneficial in society.
We can see the imagination of these social enterprises and creators
for a brighter future through the products that are selected.
You might feel that this is a bit foolish or too stubborn at times, but
some innovative models were successful under our collective efforts.
The existence of this small store also reminds us to insist on
the importance of our original intention, regardless of how many
complicated difficulties, the most important original intention is that
we must believe that we are absolutely capable of building a better
world with our two hands.。
In the future, we will continue to work with partners around the
world to create a greener, healthier, and fairer future through technology.
We expect ourselves to bring this vision to society and
become a truly different brand to jointly face future challenges with
Message from the President
Partnering for the Future: Building Innovation and Resilience for a Green and Prosperous World.
When this repor t is published, the massive tsunami brought
by AI will have already swept the industry, and the shadows of
geopolitics will still be close by. Changes and conflicts remain the
norm in 2022. Yet, where there is uncertainty there is opportunity,
and whether companies train their resilience will determine if they
can leap forward and seize opportunities in crucial moments.
LITEON has never feared difficulty. This is because we have always
risen through changes and continued to move forward through
challenges brought by rapid changes in the technology industry for
nearly half a century.
LITEON comprehensively upgraded green solutions in 2022, set
the track for the future based on core advantages, and stepped on
the gas. We believe that regardless of how the situation changes,
green resilience will inevitably become the theme of the future,
and energy is the core strategy. We must effectively expand our
influence to respond to climate change. Besides gathering together
our capabilities for R&D and technologies, we must also assist
supply chain partners in developing carbon reduction capabilities
and competitiveness, and drive the overall industry's low carbon
LITEON 555 Carbon Reduction Action
LITEON obtained SBTi validation in 2018 and has committed to reducing
carbon intensity by 39.3% in 2025. Our carbon reduction progress
has been faster than the goals set for each year, and we fur ther
proposed the 555 Carbon Reduction Action in 2022. First,
LITEON's carbon emission intensity per unit revenue must
decrease by 5% each year. We completed a carbon footprint
inventory for all products in 2022, and the carbon footprint of
LITEON products must decrease by 5% for each new generation in
the future. Our goal is the achieve net zero emissions in 2050 by
reducing carbon emission intensity and carbon footprint.
Mutually Beneficial Situation Where All Parties Win
Enhancing the carbon reduction competitiveness of supply chain
partners is indispensable to the low carbon design of processes
and product materials. LITEON is one of the eight founding companies
of Taiwan Climate Partnership. We began exerting our influence
on small companies in 2021, and began providing guidance
and assistance to supply chain partners to compile their carbon
inventory, raising their carbon reduction awareness and finding key
carbon emission hot spots to formulate carbon reduction strategies.
We provided guidance and assistance to a total of 65 partners
to compile their carbon inventory in 2022, and expanded the
energy conservation inspection of supply chain partner; the total
electricity saving potential reaches 5.67 million kWh. We led 31
partners to join Taiwan Climate Partnership and implement climate
Three Key Trends, LITEON Redefines Green Resilience
of the Future
Aside from climate change, LITEON in 2022 reviewed the most
influential green industries in daily life in the future. We believe
that the three most important trends are green data centers, clean
mobility, and energy efficient infrastructure. The core strategy in
these trends is energy, so LITEON uses energy transformation,
energy conversion, energy control, and energy storage as its core
development strategies, combining over 30 years of electricity
generation advantages to meet the requirements on higher flexibility,
reliability, and resilience in micro power grids through high Watt,
high density, and high conversion performance.
As a tech company with a long history, LITEON not only set excellent
records, but is also the easiest company to work with and
the most willing to share. Hence, we view our successes as great
responsibilities instead of achievements. LITEON leads supply
chain partners in building resilience and must ensure that it has a
positive impact on society in economic, social, and environmental
aspects. What is important about brands is not how well it is
known, but rather the values and commitments it represents. We
hope to exert our influence and use technology to create a green
future that benefits mankind, and jointly move forward together with
LITEON Sustainability ▸