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Functional Committees

In order to realize the vision of becoming a world-class flexible material specialist, Taiflex shall aggressively develop and strengthen its sustainable development strategies for the purpose of achieving the business goals of sustainability and continuous improvement. Thus, the functional committee - the Sustainable Development Committee - was established pursuant to Article 27 of the “Code of Practice for Corporate Governance.”

Taiflex approved the establishment of the Sustainable Development Committee and its charter in the Board meeting on October 25, 2022. The Committee comprises five members including three Independent Directors. All members were appointed by the Board on the date of its establishment.

The Sustainable Development Committee is accountable to the Board. It shall exercise due care of a prudent administrator and duly carry out the following responsibilities：

  • To formulate sustainable development policy.
  • To draw up annual plans and strategic directions for sustainable developments.
  • To monitor and review the execution and effectiveness of sustainable developments and report to the Board.
  • To manage matters assigned by the Board.

The Committee may invite managerial officers from relevant departments, internal audit personnel, CPAs, legal consultants or other personnel to attend the meetings and provide relevant information.

Sustainable Development Committee

  • The Company's Sustainable Development Committee comprises four members.
  • Term of current Committee members: May 30, 2023 to May 29, 2026. The term ends on the same date as the present term of the Board.
  • The Sustainable Development Committee held 2 meetings in 2024. The composition, professional competence and attendance records of Committee members are as follows:
Title Name Professional Competence Attendance in Person
Independent Director
(Convener) 		Shi-Chern Yen Business management, risk management, chemical engineering and environmental safety and health 2
Independent Director Wen-I Lo Accounting, audit and risk management 2
Independent Director Yung-Shun Chuang Business management and risk management 2
Member Zong-Han Jiang Management and marketing; President of Taiflex 1
Member Fang-I Hsieh Finance and corporate governance; Chief of Staff of Taiflex 1
Mrs.Hsieh Fang-I resigned as Sustainable Development Committee member of the company on December 1, 2024.
  • The date, session and content of motions of the Sustainable Development Committee meetings in 2024:
Date of Sustainable Development Committee Meeting Session Content of Motions
2024.07.16 4th meeting of the 2nd term No content of motions
2024.12.17 5th meeting of the 2nd term 2025 sustainable development plan