The Ennostar Group began implementing sustainability and ESG actions in 2022. Our vision in business is to become the “best compound semiconductor investment platform” through our focus on four core concepts (Innovation, Integrity, Inclusiveness, and Sustainability) and extension of six major sustainable development aspects. Our parent company has established a dedicated sustainability department which continues to plan and execute Group sustainability transformations; coordinate short, medium, and long-term plans; and gradually achieve the two main missions of our sustainability strategic blueprint. We hope our proactive management of climate risks, strengthening of sustainable development, and incorporation of investor ESG expectations and needs can reduce environmental impacts while enhancing quality of life and enabling continued generation of profits. We utilize the advantages and resources of our subsidiaries to expand our social influence and create a virtuous cycle of sustainability.

 

 

The Group’ s Corporate Sustainability and Risk Management Committee operates on four levels, with the Board of Directors serving as the highest governance and decision-making unit. We believe that ESG actions should be implemented not only through top-down directives, but also through encouragement of bottom-up proposals. Therefore, we have established an open bidirectional communication channel for joint achievement of goals, and strive to implement sustainability blueprint targets in the Group. We focus on Group targets, identify important projects, formulate related measurement indicators, and horizontally integrate subsidiary resources to jointly promote sustainable transformations.

 

 

To accelerate horizontal and cross-enterprise integration of various Group sustainability issues, we oicially established eight ESG Task Forces in the third quarter of 2022, and these task forces oicially commenced operations in 2023. The task forces are chaired by the Group president and chairman, and senior executives from our main subsidiaries lead each cross-enterprise task force in implementing Group projects. Physical meetings are convened every quarter to report progress on Group projects. These task forces enable the Group to lead all subsidiaries in making strides toward low-carbon production, innovation and growth, sustainability governance, talent sustainability, social prosperity, and sustainable supply chain goals. We have also formulated strategic blueprints aligned with international net zero trends to further ensure that our ESG strategies are fully implemented in the Group’ s routine operations.

 

The Group strengthens sustainability through six major actions (targets, projects, our Sustainability Institute, ESG reports, our corporate website, and activities). We firstly focus on Group targets, identify important projects, formulate related measurement indicators, and horizontally integrate subsidiary resources. Internally, we have established a Sustainability Academy which offers various ESG courses taught by professional external speakers, hosts related activities, and compiles ESG columns for internal subsidiary publications so that our colleagues can be immersed in an atmosphere infused with ESG concepts. Externally, continued exposure through the media and regular publication of sustainability reports help us communicate with our stakeholders. In future, we will integrate ESG performance with our rewards systems to incorporate ESG concepts into routine tasks for all departments and make ESG a part of our corporate DNA.