To all stakeholders of VisEra:
Thanks for the support and concerns to our company. As the managers of VisEra, we deeply understand the business condition of the optical semiconductor chip manufacturing industry and the international emphasis on ESG (Environmental, Social, and Governance) activities for enterprises. In this fiercely competitive market environment, we have been continuously striving to ensure the long-term robustness and sustainability of our company's operations.
First, in 2023, while the pandemic gradually faded from people's lives, the world remains unsettled. Multiple geopolitical conflicts and political turmoil affect global situation. While the technology industry has received a significant boost from AI, several industries remain trapped in a cold winter, yet to experience the warmth of spring they deserve. Recapping significant technology news from the past year. For example: Taiwan ushered in the Carbon Pricing Era! The Carbon Emissions Trading Exchange officially unveils at the Kaohsiung Software Park, with the inaugural trading session commencing. Huawei unexpectedly launch its new flagship phone, the Mate 60 Pro, has sent shockwaves through the industry, prompting an upgraded version of the U.S. ban in retaliation. The battle of Generative AI giants has begun, with OpenAI unleashing an upgraded version of GPT-4, Microsoft's Bing Search and chatbot Copilot stepping up, and Google's AI robot Bard making its mark.
As a leading optical semiconductor manufacturer, VisEra is dedicated not only to meeting market demands, primarily from China, Europe, the US, South Korea, and Japan but also to providing high-quality products. We have successfully expanded our production capacity and achieved significant breakthroughs in technological innovation. These efforts enable us to maintain a leading position in this fiercely competitive market.
Our achievements in 2023 were as follows:
• TCFD risk and opportunity investigation seminar
• Employee commute carbon footprint check
• Increase two significant topics: corporate risk and talent development
• ESG Report third-party verification
• The first English edition of the corporate sustainability report has been published
• Senior executive VisEra ESG Workshop
• Received the National Occupational Safety and Health - Enterprise Excellence Award from Ministry of Labor
• Received the Science Park Carbon Reduction Excellence Award from National Science Council
• Joined the ESG Advocacy Group of E.SUN Financial Holding
Co., Ltd.
• Fields Medals of VisEra
• VisEra was awarded the 2023 Foreign Investment Top 100 in
Taiwan
• Received the Gold Award for Sustainability Reporting in the 16th TCSA Taiwan Corporate Sustainability Awards 2023
• VisEra’s Longtan Plant achieved LEED Gold certification for green building
• Received the Silver Award in the Fifth National Corporate Environmental Protection Awards
• Ranked in the top 10% in the Ministry of Labor's proactive
assessment of occupational health and safety indicators in
corporate sustainability reporting
• “Carbon Pricing” working group of VisEra has been
formed
• Commence the replacement of photoresists containing harmful substance PFHxA
We have set our ESG work plan for 2024:
• Adding real-time focal cases @ESG Website
• Introduce a significant topic of ESG: Geopolitical risk
• Retention activities specifically targeted towards young employees, e.g., childcare, on-the-job training, etc. and promoting a diverse, inclusive, and friendly workplace
• Formulate the company's carbon pricing strategy and corresponding measures to be adopted through “Carbon Pricing” working group
• Participate in domestic and international advocacy organizations related to ESG, such as RE100 and public associations and non-profit organizations
• The results of the corporate governance evaluation achieved a range of 6% to 20%
• Employee Stock Ownership Trust (ESOT)
• Promote ESG awards to expand participation among all employees within the company
• Improve KPIs for the important task group. For example, the
gender pay ratio among employees; the employment ratio
of people with disabilities; average training time; obtaining
VAR/ disclosing the number of suppliers in ESG reports;
patent/ confidential business objectives.
However, we realize that economic benefits alone are not sufficient. In today's corporate environment, there is an increasing emphasis on Environmental, Social, and Governance (ESG) activities for sustainability.
In terms of the environment, we are committed to reducing our impact on it. We continue to invest in environmentally friendly technologies and processes to reduce energy consumption and carbon emissions.
We also aim to reduce our consumption of natural resources as part of our operations. We pay attention to waste management and actively participate in recycling and reusing activities.
We will further promote sustainable supply chain management to ensure that our suppliers and partners also adhere to the best environmental practices.
These measures not only contribute to environmental protection but also bring long-term competitive advantages to our business. In the social aspect, we prioritize the well-being and safety of our employees. We are committed to providing a safe and healthy working environment, as well as offering our employees equal and fair opportunities for development. We encourage diversity and inclusivity, and provide training and support for career development. Furthermore, we also emphasize collaboration with the local community, participate in social responsibility projects, and contribute to the development of the community.
In terms of corporate governance, we adhere to high standards of moral and ethical principles. We ensure the establishment of transparency and accountability systems, as well as guaranteeing adequate communication and feedback mechanisms, and continuously improving our governance structure and processes. We will ensure operational transparency of the company through regulatory compliance and internal oversight.
In July 2022, VisEra officially released its first ESG report, which introduced VisEra's commitment to sustainability. In summary,
We will keep striving to integrate ESG initiatives into the DNA of our company to achieve our sustainable development goals. We believe that through continuous attention to ESG and proactive actions, we can not only contribute to society and the environment but also create durable values and competitiveness for the company. Thank you again for your support and attention to VisEra. We look forward to working with you hand in hand to build a more sustainable and prosperous future. VisEra upholds the motto of "brightening the environment, support the society, science-based governance, and technological innovation" for its commitment to ESG.
