Mid-to Long-Term Sustainability Initiatives
| Sustainability Implementation Stage | SET-UParrow_forward Lay the policy/system/cultural foundation | SPEED-UParrow_forward Bolster execution and facilitate communication | LEVEL-UP Advance the system and establish a sound reputation |
|---|---|---|---|
| Period | 2023–2026 | 2027–2029 | Post-2030 |
| Key Actions | • Social & Governance: Establish policies and regulations • Environmental: Lay the basis for data management • Make improvements in the 1st phase based on priorities | • Social & Governance: Secure an implementation system and organizational capacity, further reach out to stakeholders • Environmental: Establish the policy and management system • Make improvements in the 2nd phase based on priorities | • Establish an integrated goal and performance management system • Internalize global ESG standards at the departmental and company-wide levels |
| Compliance, Ethics, and Risk Management | ·Establish an integrated regulatory non-compliance management process and operate compliance awareness programs ·Lay the basis for the occupational health and safety management system ·Improve the effectiveness of the internal control system ·Develop ethics/anti-corruption policies and stipulate a code of ethics ·Establish a human rights and sustainability risk management process ·Establish and implement a CS process ·Establish information security policies, regulations, and systems | ·Establish a compliance risk management system ·Systematize the company-wide health and safety management system and operate safety culture dissemination programs ·Strengthen the capacity and expertise of the internal control organization ·Conduct human rights impact assessment and establish a human rights management policy ·Establish a company-wide CS management system ·Pursue international standard information security certification | ·Upgrade the compliance management system to international standards ·Advance the internal control system ·Establish a health and safety management system on par with international standards ·Enhancement of information security systems and implementation of voluntary information security disclosures |
| Sound and Sustainable Governance | ·Amend the Board Operation Guidelines to reflect our commitment to strengthening the independence, expertise, and diversity of the Board's composition and operations ·Develop goals and programs to strengthen the Board's independence, expertise, and diversity | ·Systematize the remuneration policy and remuneration calculation process for Board members ·Establish evaluation criteria and procedures for directors' management activities ·Strengthen reporting on sustainability performance and plans within the Board ·Establish a stakeholder reporting and engagement process | ·Strengthen regular reporting and discussion processes on sustainability matters within the Board of Directors ·Systematize the stakeholder reporting and engagement process |
| Responsible and Inclusive Workplace | ·Establish DE&I guidelines and operate DE&I awareness programs ·Develop content to strengthen employee capabilities | ·Implement institutional and cultural improvement programs to promote DE&I ·Develop and implement female leadership capacity-building programs ·Strengthen leadership training for employees ·Establish supply chain assessment criteria and processes from the sustainability viewpoint | ·Establish a company-wide DE&I goal and performance management process ·Establish sustainability-based supply chain evaluation criteria and processes |
| Protecting the Planet | ·Improve GHG emissions (Scope 1 & 2) measurement methodology and systematize pollutant discharge data management ·Gradually improve the percentage of recyclable packaging materials | ·Establish an environmental management policy ·Identification of Scope 3 GHG emission categories and pilot calculation of emissions ·Gradual improvement in the proportion of recycled materials used in packaging | ·Pursue ISO 14001 certification ·Establish and implement a plan to reduce GHG emissions (Scope 1 & 2) ·Fully shift to renewable energy for business operations |
| Improvement in Access to Healthcare | ·Establish an impact framework | ·Secure field application cases for impact business ·Establish an impact measurement and management system | ·Develop and implement projects to disseminate impact business cases |