To implement sustainable development, the Company has established a “Sustainable Development Committee. ”All the members are appointed by the Board, with a majority being Independent Directors. Under the Committee, there are six functional teams: “sustainable product design,” “environmental sustainability,” “social charity,” “corporate governance and risk management,” “supply chain management” and “customer care.” The convener of the Committee appoints the heads of relevant departments to oversee the work of each functional team and implement related plans. The position of executive secretary is created to assist the convener with monitoring the progress and performance of each team.
Within this organizational structure, the Sustainable Development Center is responsible for monitoring and analyzing global sustainability issues. It collaborates with each functional team to drive sustainable developments from the environmental, social and governance aspects. As for the economic, environmental and social issues arising from operating activities, each functional team is responsible for formulating annual work plans based on business performance each year and tracking the implementation thereof. The results are then summarized by the Sustainable Development Center and reported to the Sustainable Development Committee on the progress of execution. The Committee reports to the Board on the progress and performance of each sustainable development work plan at least twice every year.
