ESG Implementation Organization
In response to corporate governance regulations, as of January 4, 2022, the previously established “Corporate Social Responsibility Committee” was renamed as the “Sustainable Development Committee” (referred to as the ESG Committee). This change was made to enhance the promotion of Everlight’s corporate social responsibilities affairs.
The highest governing body at Everlight is the Board of Directors, which has authorized the Chairman to serve as the Chairman of the Sustainable Development Committee, coordinates the company’s sustainable development directions and goals, and gradually realizing the vision of “becoming a high-tech chemical enterprise group that contributes to humanity”.
The Sustainable Development Committee oversees several groups, including the Governance Group, Environmental Group, and Social Group, and senior executives at the level of “factory/department head” (or above) are appointed as leaders of each group.
The Sustainable Development Committee holds two meetings annually. The team leaders and Executive Secretary report on the ESG work plans, management performance, and goal achievement status. The Committee’s Executive Secretary reports to the Board of Directors at least once a year on the annual work plans and execution results. The most recent report to the Board of Directors was made on August 10, 2023, covering the execution status of the 2022 ESG tasks, improvement outcomes, an internal self-assessment by Everlight’s managers of the ranking of the material topics for 2024, progress on carbon auditing and carbon reduction projects, and important initiatives such as the 2023 ESG information collection platform and participation in biodiversity ect.. Additionally, to continually enhance our ESG actions and information disclosures, and to effectively respond to the “2021 GRI Standard,” legal regulations, and supervisory authorities demands, we are committed to advancing in the direction of “Enhancing ESG.” and comply with the requirements of IFRS S1 and S2.
In response to the requirements of the Financial Supervisory Commission, starting from 2023, the sustainability report will be reviewed and approved by the Board of Directors before being issued.