Sustainability Management｜Sustainable Development Policy Statement

Sustainable Development Commit

Nuvoton is committed to working with all of our stakeholders through the principles of “fairness, justice, and integrity”, while maintaining good channels of communication and complying with all international and domestic regulations. And ｗith the goal of “sustainable operations” and “improvement through innovation”, we seek to fulfill our corporate social responsibility vision of “providing a sense of safety, reassurance, and empathy”.

 

Sustainable Development Policy Statement

• Comply with applicable laws of the government and related international standards.

• Operate business with integrity, and prohibit bribery, corruption, extortion or embezzlement.

• Do not offer or accept any improper benefits and avoid conflicts of interest.

• Emphasize corporate governance and disclose corporate information in accordance with applicable laws without misrepresentation of conditions or practices.

• Observe the principles of integrity, fair trade, and do not use exaggeration in advertising and marketing.

• Provide a health and safety environment in the workplace.

• Implement the practice of “Customs-Traders Partnership Against Terrorism”(known as C-TPAT) in daily operations.

• Observe of the rights of the workers according to standards recognized by related international codes, do not employ juniors below the age of 15, and do not use involuntary labor (including forced, bonded, debt bondage, indentured, slavery or trafficking of persons).

• Protect all employees with equal rights and privileges and without favoritism.

• Prohibit harassment of employees (including potential employees), and do not engage in discrimination, coercion or inhuman treatment.

• Protect the environment and do not use prohibited substances in manufacturing processes.

• Observe environmental protection laws and policies.

• Respect intellectual property rights and protect information related to our business partners.

• Request all suppliers observe applicable laws and value corporate social responsibility.

• Do not use "conflict minerals" (Minerals associated with "labor exploitation") and request all suppliers to comply with the same.

 

Business continuity policy and Business continuity management (BCM) practice

Nuvoton defines risk is an unexpected event, measured in terms of likelihood and consequences, that may adversely affect Nuvoton's operations or the achievement of Nuvoton's objectives.

Nuvoton maintains the risk and crisis assessment and management programs to protect the continuing business interests of the company and our major stakeholders, including our customers. Nuvoton’s ultimate objective is to keep our commitment to uninterrupted business operations, and it is a shared responsibility of the management team together with all our employees to achieve this objective.

 

   Nuvoton's business continuity policy and BCM practices include:

• Nuvoton's commitment to applying risk management practices throughout the organization.

• Nuvoton's objectives in managing corporate risks.

• Nuvoton's commitment to world best practice and continuous improvement.

   

  To achieve the practices, Nuvoton will:

• Allocate adequate resources.

• Establish and implement standard procedures

• Monitor and review periodically risk management procedures and make appropriate modifications.

• Effectively communicate with stakeholders internally and externally, including our employees, suppliers, and customers.

• Emphasize the shared responsibility of the CMT together with all of our employees to achieve this objective.

• This practice will be reviewed and revised by management periodically.