Message from the Chairman

Dear stakeholders,
In 2024, despite ongoing global challenges such as extreme climate events, geopolitical tensions, and economic downturns, Everlight Group achieved a turnaround in both revenue and profitability. After three years of decline, revenue reached NT$8.16 billion, a 4% increase from the previous year, with profit growing to 2.6 times year-on-year. This recovery was made possible by the collective efforts of our employees and leadership, enabling steady growth in a difficult environment.

In addition to the rebound in performance and profitability, Everlight received multiple prestigious awards in 2024, further reinforcing its leadership in the industry. The honors include:

  • Taiwan Excellence Gold Award – IBR/IPR Series UVblocking Adhesives.
  • Silver Award at TaipeiPLAS (Taipei International Rubber & Plastics Industry Show) – Eversorb® MPU series functional masterbatch products.
  • Green Coating Technology Sustainable Development Award at China Waterborne Technology Annual Conference – Eversorb® AQ water-based light stabilizers.
  • Advanced Materials Excellence Award at FEIPUR 2024 (São Paulo, Brazil) – Everaox® 501 Antioxidant for PU foam.

These recognitions highlight the international caliber of Everlight’s products and demonstrate the company’s growing brand strength and market influence.

Corporate Governance & Sustainability Achievements

Everlight Group has consistently ranked within the top 6-20% in corporate governance evaluations. In 2024,
we received the TCSA Gold Award for Sustainability Reporting in the Traditional Industry category for the third consecutive year, and were also named – for the third year in a row – among Business Weekly’s “Top 100 Carbon Competitiveness Enterprises,” a distinction awarded to only a select few.

Environmental Sustainability & Biodiversity Conservation

In 2024, Plants I to IV and Trend Tone Imaging, Inc. passed “ISO 50001 Energy Management System”. We also completed a full organizational GHG inventory and third-party verification. Historical GHG data has been restated using the latest information to enable continuous improvement and tracking. Total energy savings across all plants reached 2.135 million kWh, cutting approximately 1,054 metric tons of CO2 emissions. GHG emission intensity stood at 8.9 t CO2e per million NTD output, showing a steady decline compared to the base year.
In terms of waste management, we achieved a recycling rate of 78%, and 13.5% of hazardous industrial waste was treated through recycling – both significantly exceeding original targets. In late 2024, we introduced a new KPI to monitor hazardous waste reduction per unit of output, aiming to achieve a 15% reduction by 2025.
For the first time, we disclosed our impacts, dependencies, and commitments regarding biodiversity. The Taoyuan production base in Taiwan was identified as a key focus area. Each plant adopted nearby ecological sites, collaborated with local environmental groups, and committed to long-term ecological stewardship through actions such as water management, pollution control, and technical improvements. We also participated the STP (Sustainability Talent Program), inviting students to conduct preliminary research on the nationally protected Xucuogang Wetlands near Plant I, using the LEAP approach under the TNFD (Taskforce on Nature-related Financial Disclosures) framework.
“Sustainable Journey 2.0” initiative launched in 2024 led employees and their families to explore protected ecological zones, adopted rivers, and green factories near our Taoyuan facilities – fostering environmental awareness through hands-on experiences. Everlight Group’s circular economy and social responsibility efforts are not only internal but are extended through active social engagement and corporate citizenship.

Circular Economy & Social Responsibility

In 2024, we held our first internal Circular Economy Competition, attracting 18 teams, with 8 advancing to the finals. Topics included by-product reuse, water recycling, and packaging material recovery. We also promoted green chemistry projects, leveraging educational resources and public outreach to raise societal awareness and support the development of low-carbon, non-toxic sustainable technologies in academia.

Inclusive Workplace & Diversity

We continue to foster an inclusive culture by promoting cross-cultural exchange, providing mental health counseling services, and hosting sensitivity training for managers. These efforts help employees from diverse backgrounds feel respected, supported, and empowered to thrive in a positive, opportunity-rich environment.

Looking ahead, Everlight Group will continue to deepen technological innovation and market expansion efforts, advance environmental sustainability and circular economy strategies, and strengthen corporate governance and social responsibility.

Wishing you good health and happiness.
Sincerely,

Chien-Hsin Chen
Chairman of Everlight Chemical