Stakeholder Engagement|Management Approach

Management Approach

Management Approach

 

Nuvoton Taiwan and Nuvoton Japan each have seven working groups dedicated to addressing major issues and implementing action plans. These groups establish short, medium, and long-term objectives for managing their respective significant issues and are responsible for drafting annual action plans. Supervised by the Sustainability Development Committee, their progress is tracked quarterly. The committee chair regularly reports progress to the Board of Directors.

 Aspect                 Material Issue                          Scope            Management Approach               
 
Economic and Governance
Corporate Governance and Business Integrity  Nuvoton TaiwanCorporate governance Evaluation (Listed Companies) within 20%    
Nuvoton Japan
  • Convene Board of Directors
  • Conduct Internal Audits 
  • Implement Compliance Education
Green design and process innovation research and development.

Nuvoton Taiwan

Nuvoton Japan      

Develop market strategies and explore new markets, continuously maintain the company's operational profitability status.   
 Innovation and R&D Management Nuvoton Taiwan       
  • The carbon reduction performance of energy-saving and carbon-reducing products decreased from 1.18 to 0.73 kg CO22/grain in 2023.
  • 143 new patent applications filed in 2023
Nuvoton Japan   
  • Develop environmentally friendly products that are compact, low-consumption, and highly efficient.nbsp;
  • By 2025, reduce the power consumption of new products by 15% compared to 2021.

Information Security and Privacy ProtectionNuvoton Taiwan
  •  Implement and verify the new ISO27001:2022 international information security management system standard.
  • Strengthen endpoint security protection by implementing and deploying EDR and enhancing monitoring mechanisms.

  •  All employees receive information security training, with a completion rate of over >97%.

Nuvoton Japan
  • ISO 27001:2013 review, with zero major non-compliance findings in the audit results.

  • All employees receive information security training, with a completion rate of 100%.

  • Zero major information security incidents affecting company operations.

Supplier Sustainability ManagementNuvoton Taiwan
  • Comply with regulations and customer specifications regarding the absence of harmful substances in products.
  • Achieve a verification rate of 79% for major suppliers obtaining ISO 14064 or equivalent international standards certification.

  • Have 86% of major suppliers publish ESG reports.

  • Complete verification for 50% of major suppliers through RBA VAP.

Nuvoton Japan
  • Supplier CSR activity status survey response rate 100% (every 2 years)

  • Supplier conflict mineral investigation response rate 100% annually

  • Business continuity survey response rate 100% annually (every 2 years)

  • High concern substance (presence of SVHC in purchased materials) investigation response rate 100% annually

  • Carbon neutrality investigation response rate 100%

 
Environmental
Climate Change Nuvoton Taiwan
  • . Implement water-saving initiatives to reduce water usage by 1% compared to the previous year.

  • Execute energy-saving and carbon-reduction projects (engineering improvements take precedence) to continuously reduce greenhouse gas emissions by 25% compared to 2022.

  • Establish a carbon inventory platform to monitor the carbon emissions of each machine in real-time.

Nuvoton Japan

Greenhouse gas emissions reduced by 40% compared to the baseline year

Greenhouse Gas EmissionsNuvoton Taiwan
  • Implement energy-saving and carbon reduction projects to continuously reduce greenhouse gas emissions by 20% compared to 2022.

  • Install fluorinated gas reduction equipment - Fluorinated gas reduced by 40% compared to the previous year.

Nuvoton Japan

Compared to the baseline year, greenhouse gas emissions have decreased by 40%.

Energy resource consumption and utilization.Nuvoton Taiwan
  • A decrease of 1% in electricity consumption compared to the 2022.
  • Completion of solar energy equipment installation reaching contractual capacity of 8%.

  • Completion of ISO 50001 system establishment.

Nuvoton Japan

Average annual decrease in energy resource usage intensity of 1% compared to the previous year.

 
Social
Talent Appreciation and CultivationNuvoton Taiwan
  • Turnover rate less than 8.5%.

  • Providing training courses on individual professional skills and basic/intermediate managerial skills for employees.

  • Enhancing knowledge of senior executives on political, economic situations, and future trends, offering relevant training courses.

Nuvoton Japan

Turnover rate less than 4%.

Occupational Health and SafetyNuvoton Taiwan
  • Training attendance rate for occupational safety education exceeding 80%.

  • Average incident rate per thousand persons decreased by 30% compared to the baseline average of 1.81.

  • 0 cases of occupational diseases.

  • Employee cancer screening rate exceeding 30%.

Nuvoton Japan
  • Work stoppage or above: 0 cases

  • No work stoppage: 3 cases

  • Severity rate (below 0.06) = 0