Corporate Sustainability
Corporate Sustainability
ESG Sustainability Team
The company established the ESG Sustainability Team in September 2023 to promote sustainability-related initiatives. The ESG Sustainability Team is divided into three sub-teams based on key sustainability issues: Sustainable Environment, Social Harmony, and Corporate Governance. Each sub-team is responsible for planning and executing various sustainability tasks.
Cmi Group’s Corporate Social Responsibility Commitment
Our company takes on corporate social responsibility and strives for sustainable development. We are committed to being responsible to all stakeholders through fair and responsible actions, improving the quality of life for employees and their families, the local community, and society at large. We actively participate in social welfare activities, pay attention to the global ecological environment, and maintain the balance of social and environmental ecology. With a proactive attitude and a spirit of continuous improvement, we aim to achieve sustainable operations.
Aspects of Corporate Social Responsibility
- Implementing Corporate Governance Our company has established a “Sustainability Development Code of Practice,” committing to fulfill corporate social responsibilities and adhere to the guidelines of this code.
- Developing a Sustainable Environment During production, the company generates waste and defective products, which are handled and recycled by authorized waste management companies. We continuously improve production processes and office environments with a focus on energy conservation and carbon reduction. We integrate robust health and safety management practices into all business aspects according to ISO 14001 and ISO 45001 standards, aiming to create safe working conditions and a healthy work environment for all employees. Annual health check-ups for workers and emergency response drills, such as fire drills and chemical spill handling exercises, are conducted to enhance workers’ response capabilities.
- Maintaining Social Welfare
- The company has established work rules and related personnel regulations, which cover basic wages, working hours, leave, pension benefits, labor and health insurance, and occupational injury compensation in compliance with labor standards laws. A labor welfare committee is set up to handle various welfare matters. If the company is profitable annually, 3% to 5% of the profits are allocated for employee compensation, and no more than 2% for director and supervisor compensation. Compensation policies are based on individual abilities, contributions to the company, performance, and correlation with business performance, ensuring equal pay for equal work and equal promotion opportunities. As of the end of December 2023, women make up 69% of the total workforce and 61% of the managerial staff within the group.
- The company adheres to relevant regulations and international standards for marketing and labeling of products and services. Sales products are accompanied by declarations as per customer requirements, including compliance with international regulations such as UL, EU REACH, RoHS, and halogen-free requirements. We also maintain confidentiality agreements regarding customer privacy, provide standardized and effective complaint procedures, and define responsibilities and related provisions in contracts with customers. For product-related issues, customers can directly contact the business representatives provided on our website.
- We require suppliers to fulfill their corporate social responsibilities and avoid negative impacts on the environment and society.
- Supplier evaluations are conducted based on the company’s “Supplier Basic Information Form” and “Vendor Evaluation Form,” with evaluations carried out at least annually.
- Suppliers must comply with local government regulations on air pollution control, water pollution control, waste and resource management, and other environmental protection laws.
- We will strengthen partnerships with suppliers who perform well in areas such as quality improvement, cost reduction, delivery assurance, and sustainability performance.
Sustainability Development Progress
- The company supports local education and participated in charitable activities in 2023:
- NT$200,000 to Qianqiu Elementary School in Nantou City.
- NT$200,000 to the Genesis Social Welfare Foundation.
- On December 27, 2023, a board report outlined the planning for the “Sustainability Development Roadmap for Listed Companies,” including the establishment of dedicated (or part-time) units and the development of audit plans. The timeline is as follows:
Task | Estimated Completion Date |
Establish dedicated (or part-time) units, assess the number and scope of responsibilities for personnel, and set up internal audit units | December 2024 |
Develop Inventory Planning | |
Develop Verification Planning | December 2025 |
Complete Emissions Inventory for Parent Company | March 2026 |
Complete Emissions Inventory for Subsidiaries | |
Conduct External Verification for Parent Company | June 2026 |
Conduct External Verification for Subsidiaries |
Risk Assessment
Our company identifies potential risks that may affect sustainable development and selects risk management areas. Based on the principle of materiality, we analyze and evaluate these risks and establish related management strategies as follows: