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ESG

Quality | Technology | Service

ESG Policy

Chapter 1 General Provisions

Article 1

In order to practice ESG and promote the balance and sustainable development of economy, society and environmental ecology, Shangquan Optical Fiber Communication Co., Ltd. (hereinafter referred to as the company) refers to the Taiwan Stock Exchange Co., Ltd. (hereinafter referred to as the stock exchange) And the code of practice formulated by the Republic of China Securities OTC Trading Center (hereinafter referred to as the OTC Trading Center), a consortium legal person, to formulate the code of practice for the sustainable development of Shanghai Optical Fiber Communication Co., Ltd. for compliance.

Article 2

The object and scope of this Code include the overall operating activities of the company and group companies. While engaging in business operations, the company actively practices ESG in line with the international trend of balancing the development of the environment, society and corporate governance, and through corporate citizenship, enhances national economic contributions and improves the quality of life of employees, communities and society, to promote the competitive advantage based on corporate responsibility.

Article 3

While pursuing sustainable operation and profitability, the company attaches great importance to social ethics and pays attention to the rights and interests of other stakeholders.
The company shall, in accordance with the principle of materiality, conduct risk assessments on environmental, social and corporate governance issues related to company operations, and formulate relevant risk management policies or strategies.

Article 4

For the ESG, the company should follow the following principles:
1. Implement and promote corporate governance. 
2. Develop a sustainable environment. 
3. Maintain social welfare. 
4. Strengthen the disclosure of information on ESG.

Article 5

The company shall abide by the statutes and articles of association, as well as the contracts signed with the stock exchange or the OTC trading center and related norms, and should consider the development trend of ESG at home and abroad, the company itself and the overall operating activities of its group companies, Formulate practical policies, systems or relevant management systems for ESG, which shall be approved by the board of directors.

 

Chapter 2 Implementing Corporate Governance

Article 6

The board of directors of the company should perform the duty of care of a good manager to urge the enterprise to practice social responsibility, and to review its implementation effectiveness and continuous improvement at any time to ensure the implementation of the ESG policy.

Article 7

The company should respect the rights and interests of stakeholders, identify the stakeholders of the company, understand their reasonable expectations and needs through appropriate communication methods and the participation of stakeholders, and appropriately respond to the important ESG that stakeholders are concerned about practical issues.

Article 8

It is advisable for the company to follow the Code of Practice on Governance of Listed OTC Companies and the Reference Examples of Ethical Code of Conduct formulated by OTC listed companies, and establish an effective corporate governance structure and relevant ethical standards and matters to improve corporate governance.

Article 9

The company's operating activities shall comply with relevant laws and regulations, and implement the following matters to create a level playing field:
1. Avoid engaging in acts of unfair competition. 
2. To fulfill tax obligations. 
3. Anti-bribery and corruption. 
4. Corporate donations shall be made in accordance with the law.

Article 10

The company should conduct corporate ethics education and publicity to directors, independent directors and employees through various channels.

 

Chapter 3 Developing a Sustainable Environment

Article 11

The Company shall comply with environmental laws and regulations, appropriately protect the natural environment, and commit to the goal of environmental sustainability when carrying out business activities.

Article 12

The company should strive to improve the utilization efficiency of various resources, and use recycled materials with low impact on the environment, so that the earth's resources can be used sustainably.

Article 13

The company should establish an appropriate environmental management system according to its industrial characteristics.

Article 14

The company should set up a dedicated unit or personnel for environmental management to maintain environmental management-related systems and hold environmental education courses for employees.

Article 15

The company should engage in operational activities such as R&D, production and services in accordance with the following principles, in order to reduce the impact of the company's operations on the natural environment:
1. Reduce resource and energy consumption of products and services. 
2. Reduce the discharge of pollutants, toxic substances and wastes, and properly dispose of wastes. 
3. Improve the recyclability and reuse of raw materials or products. 
4. Maximize sustainable use of renewable resources. 
5. Extend the durability of the product. 
6. Increase the effectiveness of products and services.

Article 16

In order to improve the use efficiency of water resources, the Company shall use water resources properly and sustainably. The company should avoid polluting water, air and land in its operations; if it is unavoidable, taking into account cost-effectiveness and technical and financial feasibility, it should try its best to reduce the adverse impact on human health and the environment, and adopt the best feasible Measures for pollution prevention and control technology.

Article 17

The company should evaluate the potential risks and opportunities of climate change to the enterprise now and in the future, and take measures to respond to climate-related issues.
It is advisable for the company to count greenhouse gas emissions, water consumption and total weight of waste, formulate policies for energy conservation and carbon reduction, greenhouse gas reduction, water reduction or other waste management, and incorporate the acquisition of carbon rights into the company's carbon reduction strategy plan , and promote it accordingly to reduce the impact of company operations on climate change.

 

Chapter 4 Safeguarding Social Welfare

Article 18

The company shall abide by relevant labor laws and regulations, protect the legitimate rights and interests of employees, and respect the internationally recognized principles of basic labor rights, and shall not endanger the basic rights of laborers.

Article 19

The Company may provide employees with information to enable them to understand their rights under the labor laws of the countries in which they operate.

Article 20

The company should provide employees with a safe and healthy working environment, including providing necessary health and first aid facilities, and is committed to reducing the hazards to employees' safety and health to prevent occupational disasters. The company should regularly implement safety and health education and training for employees.

Article 21

The company should create a good environment for employees' career development and establish an effective career ability development training program.
The company shall formulate and implement reasonable employee welfare measures (including remuneration, vacation and other benefits, etc.), and appropriately reflect operational performance or results in employee remuneration, so as to ensure the recruitment, retention and encouragement of human resources and achieve sustainable operation. Target.

Article 22

The company has established a channel for multiple employee communication and dialogue, so that employees have the right to obtain information and express opinions on the company's business management activities and decisions.

Article 23

The company should uphold product responsibility and marketing ethics, and safeguard the rights and interests of consumers.

Article 24

The company shall ensure the quality of products and services in accordance with government regulations and industry-related norms. The company shall comply with relevant government regulations and international standards for customer health and safety, customer privacy, marketing and labelling of products and services, and shall not deceive, mislead, defraud or any other behavior that undermines consumer trust and damages consumer rights.

Article 25

The company should provide transparent and effective consumer complaint procedures for its products and services, handle consumer complaints fairly and promptly, and should abide by relevant laws and regulations to truly respect consumers' privacy rights and protect the personal data provided by consumers. 

Article 26

The company may participate in the activities of civic organizations, charities and local government agencies related to community development and community education through business activities, in-kind donations, corporate volunteer services or other free professional services to promote community development. 
It is advisable for the company to evaluate the environmental and social impacts of its procurement activities on the supply source communities, and to cooperate with its suppliers to jointly implement ESG.
The company should formulate a supplier management policy, requiring suppliers to follow relevant norms on issues such as environmental protection, occupational safety and health, or labor rights. Dealing with those who violate the ESG and policies.
When the company signs a contract with a major supplier, the content should include compliance with the ESG policy of both parties, and if the supplier is involved in violating the policy, and the environmental and social concerns of the source community
When there is a significant impact, the terms of the contract may be terminated or rescinded at any time.

 

Chapter 5 Strengthening the Disclosure of Information on ESG

Article 27

The company shall conduct information disclosure in accordance with relevant laws and regulations and the code of practice for corporate governance of listed companies, and shall fully disclose relevant and reliable information related to ESG to enhance information transparency. The relevant information of the company's disclosure of ESG is as follows:
1. Governance mechanisms, strategies, policies and management guidelines for ESG approved by the board of directors. 
2. Implement the risks and impacts of factors such as promoting corporate governance, developing a sustainable environment and maintaining social welfare on the company's operations and financial status. 
3. The company's performance goals and measures for ESG. 
4. Implementation performance of ESG. 
5. Other information related to ESG.

Article 28

The company should prepare a ESG report to disclose the practice of promoting ESG. The content should include the following:
1. The institutional framework, policies and action plans for implementing ESG.
2. Main stakeholders and their concerns.
3. The company's performance and review of the implementation of corporate governance, the development of a sustainable environment and the maintenance of social welfare.
4. Direction and goals for future improvement.

 

Chapter 6 Supplementary Provisions

Article 29

The company should always pay attention to the development of the domestic ESG system and changes in the corporate environment, and review and improve the ESG system established by the company to enhance the performance of ESG.