Corporate Sustainability
The Company, under the authorization of the Board of Directors, and with the care of a prudent manager, will faithfully perform the following duties and report to the Board of Directors at least annually:
- Formulate, promote, and strengthen the company’s sustainable development policies, annual plans, and strategies.
- Review, track, and revise the implementation status and effectiveness of sustainable development.
- Supervise sustainability information disclosure and review sustainability reports.
- Supervise the implementation of the Company’s code of conduct for sustainability or other sustainability-related work as resolved by the Board of Directors.
The dedicated (part-time) units for sustainability will assist the Sustainable Development Committee in implementing various plans. The cross-departmental teams will carry out the business of the following groups, compile and implement plans or other sustainability-related matters, and report the implementation results to the Sustainable Development Committee.
- Corporate Governance Group
- Sustainability Information Disclosure Group
- HR Group: The team is convened and led by the highest-ranking executive in the human resources department.
- Integrity Management Promotion Group
- Information Security Promotion Group
Sustainable Development Promotion Situation
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| Items | Yes | No | Summary Description | Deviations and the Cause(s) of Deviations From the Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies |
|---|---|---|---|---|
| I. Does the Company have a governance structure for sustainability development and a dedicated (or ad-hoc) sustainable development organization with Board of Directors authorization for senior management, which is reviewed by the Board of Directors? | V | At December 27,2024,the Company has established the “Sustainable Development Committee” approved by Audit Committee, which are responsible for the proposal and implementation of sustainable development policies, systems or related management guidelines and concrete promotion plans, identifying relevant issues of concern to the Company’s operations and stakeholders, effectively integrating resources and implementing the Company’s sustainable strategies, and promoting environmental protection, social participation, and corporate governance, in order to achieve the sustainable development and net-zero goals. The contents of 2024 report to the Board of Directors included: greenhouse gas inventories of 2023, 1 Board of Directors performance evaluation, 1 report on the implementation of ethical management, and once on the 2023 Sustainability Report preparation. The directors reviewed the report and found that they complied with laws and regulations and the Company’s sustainable development strategy. | Not a significant difference | |
| II. Does the company assess the risk of environmental, social, and governance (ESG) issues in relation to company operations based on the materiality principles and establish policies or strategies in relation to risk management? | V | The Company focuses on integrated risk management, actively engages in various business activities to increase operating revenue within the acceptable scope of risks, and ensures that a proper risk management culture can be developed and maintained in the entire business organization. The major operational risks identified by the Company include: strategic risk, operational risk, financial risk, human resources risk, information risk, personal data management, regulatory compliance, and climate change risk. The members of the team of the ESG Committee and each related department formulate strategies and management goals for the major issues in 2023, and regularly (at least once a year) report the analysis results and implementation planning directions to the Board of Directors. Based on the risks assessed, the relevant risk management policies or strategies are formulated . | Not a significant difference | |
| III. Environmental Issues | – | – | – | – |
| (1) Does the Company establish an environmental management system appropriate to the characteristics of its industry? | V | (1) The Company is engaged in the business of trading of textile fabrics and the retail of apparel products. The Company complies with various environmental protection laws and regulations in the spirit of corporate environmental protection and sustainability. | Not a significant difference | |
| (2) Does the Company endeavor to upgrade energy utilization efficiency by adopting recycled materials with low impact upon the environment? ？ | V | (2) The Company’s operations regulations all stipulate compliance with laws and regulations, and the Company promotes the recycling of office paper and packaging materials to reduce paper waste and to alleviate the impact of the Company’s operations on the natural environment. | Not a significant difference | |
| (3) Does the Company assess the present and future potential risks and opportunities of climate change on the Company and take actions to related issues? | V | (3) The Company has formulated various energy conservation and carbon reduction measures, such as turning off lights when not in use, waste sorting, replacement of office lighting fixtures with LED energy-efficient lamps, and air conditioning temperature control for the summer, in order to reduce the impact on the environment of its business activities. The Company uses the TCFD climate change-related financial disclosures to promote green and low-carbon value chain transformation and climate adaptation strategies through four major aspects: governance, strategy, risk management, and indicators and goals. The major climate risks and opportunities identified after assessment are: transition risk of “increase in raw material costs”; physical risk of “increase in the severity of extreme weather events such as typhoons and floods”; and opportunities in “development and/or expansion of low-carbon commodities and services” and “changes in consumer preference”. Details on the analysis of the TCFD climate change risks and opportunities, and the response measures that the Company has taken are disclosed in the sustainability report. | Not a significant difference | |
| (4) Did the Company produce statistics on the GHG emissions, water consumption, and total waste in the last two years? Has the company established policies for energy conservation, carbon reduction, GHG reduction, water conservation, and waste management? | V | (4) The Company compiles annual statistics on greenhouse gas emissions, water consumption and total weight of waste, and discloses them in the sustainability report. Relevant policies for energy conservation and carbon reduction, greenhouse gas reduction, and water reduction or other waste management are described in detail in the Sustainability Report. | Not a significant difference | |
| Social issues | – | – | – | – |
| (I) Does the Company establish management policies and procedures in accordance with relevant laws and International Bill of Human Rights? | V | (I) The Company adheres to a people-centric philosophy, aiming to safeguard employee rights and foster a healthy and safe workplace. The Company has established an Employee Code of Conduct and related Human Rights Policies, demonstrating respect for and alignment with the Universal Declaration of Human Rights, the United Nations Global Compact, and the International Labor Organization (ILO) Conventions. The Company is committed to creating a friendly, safe, and hygienic working environment. | Not a significant difference | |
| (II) Does the company establish and implement reasonable employee welfare measures (including remuneration, leave, and other benefits) and appropriately reflect business performance and achievements in the remuneration for employees? | V | (II) The Company attaches great importance to labor safety and employee benefits and implements them in accordance with relevant labor laws and regulations. In addition, the Company holds performance evaluation every six months, and has formulated relevant bonus measures to link employees’ contribution and the bonuses in clearly manner. In terms of appointment, promotion and human resources management, the Company adheres to the principles of fairness and openness, and sets clear regulations and treats all employees fairly. Female employees account for 66% of the Company’s total workforce, and 61% of the total female employees are at the position of Assistant Manager or above. | Not a significant difference | |
| (III) Does the Company provide employees with a safe and healthy work environment and arrange regular safety and health education for employees? | V | (III) The Company is committed to reducing factors that pose a risk to employee safety and health, providing a safe and healthy work environment for employees, including the necessary health and first aid facilities, such as AEDs, and regular safety and health training for employees to prevent occupational hazards, and encouraging employees to participate in health promotion activities. Specific measures: (1) Our office is equipped with a surveillance system to strictly control the entry and exit of people, so as to ensure the safety for all employees. (2) In terms of office environment, we have dedicated staff to maintain the office environment every day, conduct regular office disinfection and gas inspection in the work environment, and regularly renovate the interior to update the equipment in real-time. (3) Always pay attention to the public safety and health in office premises, and set up breastfeeding rooms. (4) Conduct regular fire fighting equipment maintenance every year. (5) Conduct annual first aid training seminars. | Not a significant difference | |
| (IV) Does Company establish effective career development and training plans for employees? | V | (IV) The Company organizes education and training sessions from time to time, including new employee orientation, professional training, management function training, and language training. The Company also encourages employees to engage in on-the-job training on weekends without affecting their work. For more information on relevant training courses, please refer to p. 109 of this annual report | Not a significant difference | |
| (V) Does the company comply with the related laws and regulations and international standards regarding the customer health and safety, customer privacy, market communication, and labeling of its products and services and establish policies to protect the rights and interests of customers or clients and procedures for grievances? | V | (V) The Company has implemented customer satisfaction survey, set up a 0800 customer service hotline, for which dedicated personnel are assigned to handle customer complaints, and formulated well-defined standard operating procedures for R&D, procurement, production, operation, and service processes to follow. The Company’s marketing and labeling of products are in accordance with laws and regulations, and the export products are handled in accordance with international regulations. | Not a significant difference | |
| (VI) Does the company establish supplier management policies and request suppliers to comply with the relevant laws and regulations of environmental protection, occupational safety or labor human rights? Does the company keep track on the implementation of such policies? | V | (VI) The Company conducts credit investigation and assessment of the goodwill of both new and existing suppliers, and will continue to strengthen the management of suppliers in the future. Where the Company’s main suppliers violate their corporate social responsibility policies with a significant impact on the environment and society, the Company will consider whether to continue the partnership with them. | Not a significant difference | |
| Does the company, following internationally recognized guidelines, prepare and publish reports, such as its Corporate Sustainability Report, to disclose non-financial information of the company? Are said reports assured or verified by a third-party certification body? | V | The Company prepares the corporate social responsibility report according to the GRI Standards, and appoints a third-party certification body to provide limited assurance on the report in accordance with the Bulletin of Assurance Standards of the Republic of China No. 1 (with reference to ISAE 3000), while disclosing it on the Company’s website. | Not a significant difference |