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 2021 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.
The company's board of directors listens to the report of the Corporate Sustainable Development Committee every year (including the results of ESG evaluation scores, the implementation of internal human rights and workplace inclusion, the implementation of integrity management, the results of this year's improvement projects and the next year's improvement project planning).The board of directors puts forward relevant suggestions according to their own professionalism, supervises the direction of the project and improves the success rate of the project.
On January 18, 2024, the Committee reported the implementation results of the 2023 sustainability project and the work plan for 2024 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 | Huei Ming Wang |
Master of Industrial Management from Chung Hua University Director of Moores Rowland CPAs |
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: May 31, 2023 to May 30, 2026
In 2022, the Company listed 19 major topics in accordance with AA1000 (Stakeholder Engagements Standard). The Corporate Sustainable Development Committee selected 8 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 |
|
Ethical Corporate Management |
|
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Risk Management |
|
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Innovation Management |
|
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Supply Chain Management |
|
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Environment Protection |
Green Product |
|
Social Participation |
Talent Attraction and Retention |
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Talent Development and Training |
|
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.
Refresher Courses for Chief Corporate Governance Officer 2023:
Education institution |
Course name |
Training hour |
Taipei Exchange |
Publicity and briefing session on insider equity of listed companies |
3 |
Taipei Exchange |
Sustainable investment and financing forum |
3 |
Taiwan Corporate Governance Association |
Prevention of insider trading |
3 |
Taiwan Corporate Governance Association |
Compliance with laws and regulations of corporate integration behavior |
3 |
Total |
12 |
ADD: No.1,Qun Yi Rd.,Jhunan,Miaoli, Taiwan 350
TEL: +886-37-586-896 #10019
Email: antonioyu@phison.com
ADD: No.1,Qun Yi Rd.,Jhunan,Miaoli, Taiwan 350
TEL: +886-37-586-896 #26022
Email: kuoting_lu@phison.com