Sustainability Management|Sustainable Development Governance
Sustainability Development Committee
Nuvoton is committed to becoming an "invisible champion enriching human life with green semiconductor technology."
Under the leadership of its management, the company upholds integrity, innovation, and passion to continuously enhance its corporate value while keeping an eye on global trends, caring for social issues, and responding to stakeholder expectations. Nuvoton has devised a strategic framework for its vision from three dimensions of ESG (Environmental, Social, and Governance), aligning with action plans to implement the United Nations Sustainable Development Goals (SDGs). By integrating sustainability principles into its core capabilities, Nuvoton aims to foster new futures in talent, processes, and technology, thus creating better possibilities for society. Nuvoton is committed to achieving its sustainability vision by setting "sustainable operation" as its goal and adopting "innovation improvement" as its approach.
To ensure the adherence to sustainable business practices and establish a sustainable governance framework, Nuvoton has internally set up a Sustainability Development Committee. This committee serves as the highest governing body for the company's sustainable development operations. It is either chaired by the president or a senior executive appointed by the president, who is responsible for driving sustainability initiatives. The committee oversees the organization's sustainable impacts and sustainable development management policies in the areas of economy, environment, and people (including human rights). Working groups have been established in both Nuvoton Taiwan and Nuvoton Japan to address seven major functions, each tasked with setting short-, medium-, and long-term goals. These working groups are responsible for developing annual action plans, which are monitored quarterly by the Sustainability Development Committee. The committee chair regularly reports progress to the Board of Directors.
Organizational Structure of the Sustainability Development Committee
To implement corporate sustainability and management, Nuvoton promotes sustainable development in the areas of economy, governance, environment, and society. The Sustainability Development Committee has formulated the "Nuvoton Technology Corporation Sustainability Practice Guidelines," which have been approved by the Board of Directors as the highest guiding principles for Nuvoton's sustainability practices. These guidelines adhere to the Taiwan government's "Corporate Sustainability Practice Guidelines for Listed and OTC Companies." Upholding the concept of sustainable operation, Nuvoton continually monitors domestic and international sustainability guidelines and regulatory trends to ensure that its sustainability-related business activities comply with legal requirements.
The Nuvoton Sustainability Development Committee provides regular reports to the Board of Directors on ESG sustainability promotion, greenhouse gas emissions (including those in Taiwan and Japan), and the implementation of measures to balance the interests of stakeholders and promote integrity in operations. Board members offer timely guidance on various aspects of sustainability management and provide suggestions for long-term sustainability development directions.
1The communication and integrity management progress with various stakeholders for the fiscal year 2024 has been reported to the board of directors on July 30, 2024.
Key Projects for Sustainable Development
Axis | Key Projects | Collaborators | Impact and Benefits |
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Environmental (E) | Investment in energy-saving and carbon reduction equipment |
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Research and development for green design and process innovation |
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Setting short, medium, and long-term greenhouse gas reduction goals |
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Deployment of renewable energy |
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Reduction of pollutant emissions |
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| Community investment in supporting the underprivileged |
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Protection of workplace safety |
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Volunteer participation |
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Governance (G) | Identification of climate risks and opportunities (TCFD) |
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ISMS (Information Security Management System) |
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Corporate governance evaluation |
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