To fulfill corporate social responsibility and achieve its mission as a sustainable corporation, Phison Electronics Corp. and its subsidiaries establish the Corporate Sustainable Development Committee in November 2020 to serve as one of the functional committees under the board of directors. This committee regularly reports to the board of directors on its operations once a year.
On January 21, 2022, the Committee reported the implementation results of the 2021 sustainability project and the work plan for 2022 to the Board of Directors.
The Corporate Sustainable Development Committee is the highest decision-making unit responsible for ESG affairs within the Company. It consists of three committee members, one of whom serves as the convener, and at least half of the committee members are independent directors. An executive team was established under the committee to help promote sustainable projects.
To achieve the purposes of sustainable development, the Committee has a fiduciary duty to the Board when fulfilling the following responsibilities:
1. Promote and strengthen the corporate governance and integrity.
2. Implement and develop matters related to corporate sustainability.
3. Supervise other matters related to corporate sustainability approved by the Board.
Member of Corporate Sustainable Development Committee
Position | Name | Major (Education) Past Positions |
Independent Director | Wen Chiu Chung |
Master of Accounting, Chung Yuan Christian University Accountant of Grand Thornton |
Independent Director | Yu Lun Huang |
Associate Vice President for Academic Affairs Director, Center for Teaching and Learning Development Director, Center for Continuing Education and Training Associate Professor, Department of Electrical and Computer Engineering Secretary-in-General, Taiwan Open Course and Education Consortium |
Senior Assistant and Chief Operating Officer | Antonio Yu (Convener) |
Master of Risk Management, National Chengchi University Legal supervisor, United Epitaxy Company Legal manager, Phison Electronics Corp. Spokesman, Phison Electronics Corp. Senior special assistant, Phison Electronics Corp. Chief Operating Officer, Phison Electronics Corp. |
Committee Organization Chart
The term of the members of this committee is based on the principle of matching the term of the directors, and may be re-elected. The terms of this section of Corporate Sustainable Development Committee: November 5, 2021 to June 2, 2023.
In 2020, the Company listed 17 major topics in accordance with AA1000 (Stakeholder Engagements Standard). The Corporate Sustainable Development Committee selected 7 material topics after a materiality assessment, formulating related risk management policies and risk mitigation measures.
Dimension |
Material topic |
Risk management policy/Mitigation measures |
Corporate Governance |
Economic Performance |
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Regulatory Compliance |
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Ethical Corporate Management |
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Supply Chain Management |
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Environment Protection |
Waste and Hazardous Substances Management |
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Social Participation |
Talent Attraction and Retention |
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Talent Development and Training |
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Chief Corporate Governance Officer
The Company passed a resolution of the board of directors on August 6, 2021, and appointed Antonio Yu, a senior special assistant and chief operating officer, as first chief corporate governance officer to protect shareholders' rights and strengthen the functions of the board of directors. Antonio Yu, a senior special assistant and chief operating officer, has more than three years of experience as a legal manager in a public offering company. The main responsibility of the chief corporate governance officer is to be responsible for corporate governance matters, including assisting matters related to the Board, Audit committee, Remuneration committee, and Shareholders’ meeting in accordance with the law, assisting directors in onboarding and training, assisting to provide directors with information required to perform their duties and assisting directors to comply with laws and regulations, etc.