Implementation of the Sustainable Development
In accordance with the Global Reporting Initiative Standards (GRI Standards) and the "Operational Guidelines for the Preparation and Submission of Sustainability Reports by Listed Companies", the Company signed a consulting service contract with PricewaterhouseCoopers in November 2024 to assist in the preparation of the 2024 and 2025 sustainability reports. It is expected that the preparation of the 2025 sustainability report will be completed in May 2025 and submitted to the Board of Directors for approval. Sustainable Development ESG Promotion Group - Membership:
This disclosure covers the company’s sustainable development performance at its major locations from January to December 2024. The risk assessment boundary is mainly based on the Company, including existing bases in Taiwan, Mainland China and Vietnam, and based on the relevance to the core business and the degree of impact on major topics, the subsidiaries Suzhou Jiantong Company, Dongguan Jiantong Company and Vietnam Jiantong Company are included in the scope.
Based on the principle of materiality, the Company conducts risk assessments on environmental, social or corporate governance and sustainable development-related issues related to the Company's operations in light of the significant impacts of such issues on investors and stakeholders.
1. Environment: Emphasize environmental protection, reduce the impact on the environment, set goals and plans, and ensure that the goals are achieved.
A. Implement wastewater treatment, air pollution prevention and control and various local government environmental protection regulations and regulations to effectively meet emission standards in the long term and contribute to the earth's environment.C. Annual internal audit plan is planned to check the compliance of the company with relevant environmental laws and regulations, and to check whether each operation flow complies with the regulations.
2. Society: We focus on occupational safety and product safety. We hold safety training, first aid training and fire drills from time to time every year to cultivate employees' emergency response capabilities. Our products also comply with the RoHS hazardous substance restriction standards. Our website also provides smooth communication channels for all stakeholders, and has dedicated personnel to handle complaints in order to maintain high-quality service satisfaction for consumers and customers.
3. Corporate governance: Implement internal controls to ensure that all employee operations comply with relevant laws and regulations. We plan relevant continuing education topics for directors, provide them with the latest regulations every year, and purchase liability insurance for directors and managers to protect them from lawsuits or claims to strengthen the functions of directors. In order to avoid misunderstandings caused by different positions between stakeholders and the Company, which may lead to operational or litigation risks, the Company has established various communication channels with stakeholders to reduce confrontation and misunderstandings, and has set up an investor mailbox, which is handled and responded to by a spokesperson.
The company has also established group risk management standards, which cover market risk, credit risk, liquidity risk, operational risk, and legal risk, for reference and implementation by heads of various departments to achieve the company's business philosophy of sustainable development.
(1) Establish an appropriate environmental management system based on the characteristics of the industry.
Our company obtained ISO 14001 environmental management system certification in April 2023. Based on the kinetic cycle of "Plan, Implementation, Check and Action", we have adopted the positive ideas of "pollution prevention" and "continuous improvement" to achieve the goal of "sustainable development" of the enterprise. Based on the management systems of IATF 16949, ISO14001 and QC080000, the Suzhou plant has implemented a two-level standardized safety management system to carry out major environmental considerations, hazardous substance control and occupational safety and health risk control. It also uses proposed improvement targets and project improvement management to make priority improvements, while lower risks are controlled using operational process management.
In general, the goal of ISO 14001 is to help organizations achieve economic benefits while protecting the environment and achieving sustainable development. It emphasizes the commitment of management and the overall participation of the organization to achieve sustainable environmental management and enhance the environmental responsibility of the enterprise. The latest ISO 14001 certificate obtained by our company is valid from 2024/04/08 to 2027/04/07.
In response to the increasingly important environmental issues, our company has followed the EU ROHS directive and the world's environmental protection trends, and has taken the lead in obtaining VDE and BSI safety certifications, and has fully developed environmentally friendly micro-lead-free copper products for plugs in various countries to continuously supply the market. Because our company fully adopts the regular material C2800 optimized environmentally friendly micro-lead-free copper (GEM19-589) as the material for terminal connectors, and produces this copper material by smelting copper in its own factory in Vietnam, we have become the only international manufacturer of terminal connectors that smelt copper by itself, and have the ability to manufacture EU environmentally friendly materials and turn products. A first-class manufacturer. On June 9, 2021, Jiantong was invited to participate in the RoHS Exemption Stakeholders Online Meeting with the "Successful Case of Replacing Electrical Contact Components" to discuss and share successful experiences. The European Union Consultants Association evaluated that our company's case is an alternative product Door Opener, and its feasibility is obvious. However, because the product affects too many areas and is difficult to apply to all processes, the EU ultimately decided to extend the exemption until July 21, 2026. However, the EU still mentioned in the final report: Participants generally agreed that Jiantong was a successful conversion case.
Currently, the production order fulfillment rate of each unit in the factory is 98.7%, and the application of large-capacity equipment can increase the production order fulfillment rate to more than 99%. The copper plate materials used are from qualified suppliers and all meet the RoHS hazardous substance restriction standards. After each batch of raw materials is delivered, the heavy metal content is tested by ICP and GC/MS bromide detectors. Only when they meet the standards can they be put into production.
In 2023, the company installed new solar energy and energy storage related equipment, and in 2024, it purchased a dust collection equipment system to promote the ESG concept and the sustainable development concept of reducing the impact of green energy on the environment.
Information on new investments in solar energy and energy storage related equipment in 2023:
|
Equipment name |
Equipment Amount (NT$) |
Total installation capacity |
By the end of 2024, the total accumulated electricity sales |
|
Renewable energy power generation equipment-solar photoelectricity |
11.44 million |
307.875 kW |
510,253° |
Newly invested dust collection equipment in 2024:
|
Equipment name |
Equipment Amount (NT$) |
Functional Description |
|
Dust collection equipment system |
2.08 million |
Reduce suspended particles and dust in the air and discharge clean air outside the factory; making it comply with environmental protection regulations and safety requirements. |
Recently, Vietnam Jiantong has added the recycling economy of copper scraps to diversify its copper raw material acquisition and gain more cost advantages. Under this basic condition, the quality and supply of our company's products are worthy of recognition and trust, and we can also fulfill our responsibility to protect the environment for the earth.
(III) Assess the potential risks and opportunities that climate change may pose to the enterprise now and in the future, and take measures to address climate-related issues.- Reduce the use of electroplated electric heating tubes and use centralized heating in stainless steel insulated water tanks instead. Coil circulation heating is a safe, energy-saving heating method that reduces carbon and greenhouse gas emissions.
- Use large-capacity related equipment (receiving and unreceiving machines/welding machines) to increase the raw material order completion rate to 99% and reduce copper material waste.
- In view of the increasingly serious global environmental pollution and ecological damage, major environmental problems such as ozone layer depletion, global warming and disappearance of biodiversity threaten the future survival and development of mankind. In line with the development of international environmental protection, we have passed the IS014001 and QC080000 environmental protection system certification.
Starting from the third quarter of 2022, the Company shall submit the progress of the greenhouse gas inventory schedule to the Board of Directors for control every quarter, and implement the environmental impact assessment and response measures due to climate change.
(iv) Count greenhouse gas emissions, water consumption and total weight of waste in the past two years, and formulate policies for energy conservation and carbon reduction, greenhouse gas reduction, water reduction or other waste management.The company regularly conducts statistical control on water consumption and waste, and appropriately posts slogans such as reducing water consumption at water facilities, strengthens waste classification, and reduces garbage to contribute to the protection of the earth's environment. As for the disposal of waste, our company has commissioned a professional and qualified waste disposal company to do the disposal in accordance with the "Waste Disposal Act".
Electricity consumption in the last two years:
|
|
2023 |
2024 |
|
degree |
2,642,884 |
3,012,228 |
|
Carbon emissions (KG) |
1,321,824 |
1,489,732 |
Water usage in the last two years：
|
|
2023 |
2024 |
|
degree |
6,313 |
6,086 |
|
Carbon emissions (KG) |
998 |
949 |
Total amount of waste：
|
|
2023 |
2024 |
|
Total (kg) |
33,286 |
51,762 |
- In accordance with relevant laws and regulations, the Company refers to the International Labor Organization's "Declaration on Fundamental Principles and Rights at Work", the "International Human Rights Code" and the "Ten Principles of the United Nations Global Compact (UNGC)" to establish work rules and various management methods and systems to ensure that the working environment of employees and supply chains is safe, employees are respected and have dignity, and operations promote environmental protection and comply with ethics. We also hold labor-management coordination meetings regularly to maintain a healthy labor-management communication platform, and set up an employee welfare committee to handle various welfare matters. The company's employment policy does not discriminate based on gender, race, age, marital or family status, and implements equality in compensation, employment conditions, training and promotion opportunities.
2. Implementation Policies
- Occasional communication meetings between supervisors and colleagues.
- 24-hour employee service hotline and suggestion box.
- Occasional promotion of sexual harassment prevention.
- Occasional provision of employee health checks.
- Employee satisfaction surveys.
- Elimination of illegal discrimination to ensure equal work rights.
- Simplifying work processes, improving work efficiency, maintaining a clean and safe environment, protecting the environment and personnel health, and enhancing communication efficiency between departments.
- Timely salary disbursement to maintain basic living conditions for individuals and families.
- Clear regulations on rewards and punishments, as well as financial incentives to enhance work efficiency and a sense of importance.
- Occasional continuing education and training measures to increase employees’ long-term commitment and interdependence with the company.
- Increase employees’ long-term loyalty to the company.
The company is committed to providing employees with a dignified and safe working environment. We implement employment diversity, fairness in compensation and promotion opportunities, and ensure that employees will not suffer discrimination, harassment or unequal treatment due to race, gender, religious beliefs, age, political inclinations or any other status protected by applicable laws and regulations. We value employee diversity, and the company's employment of employees with disabilities complies with the provisions of the Law on the Protection of the Rights and Interests of Persons with Disabilities. The company also has established employee work rules, covering items (labor-management relations, occupational safety, employee benefits, workplace sexual harassment prevention and control measures, complaint channels and penalties, prevention of workplace violence) and other regulations. The company focuses on corporate social responsibility and is committed to workplace diversity policies and promoting gender equality policies.
Gender Equality & Diversity
Employee race indicator:
|
category |
Proportion of all employees |
|
Nationality: Republic of China |
80.9 |
|
Foreign nationality |
19.1 |
Female diversity indicators:
|
index |
ratio |
|
Women account for total employees (%) |
38.1 |
|
Female managers account for all managers (%) |
31.8 |
Other Diversification Indicators:
|
category |
Percentage of full-time employees |
|
|
All staff |
age group: < 30 |
14.5 |
|
age group: 30~50 |
56.5 |
|
|
age group: > 50 |
29 |
|
|
total |
100 |
|
Pay equity indicator
|
Pay equality indicators |
gap(%) |
|
The “average” gap between men’s and women’s salaries |
16.12 |
The Company's Articles of Association clearly stipulate that if the Company makes a profit in a year, it shall set aside no less than 3% as employee remuneration. The Company has established employee salary management regulations, which establish clear and effective promotion, incentive and reward and punishment systems. In addition, the Company evaluates the performance of managers and employees every quarter and formulates evaluation indicators for the Company's operational contribution: performance (25%), ability (25%), morality (25%), knowledge (25%), etc. The evaluation content includes: performance target achievement and performance quality, execution and planning ability, obedience and coordination, professional knowledge and writing ability, etc., and reports rewards or punishments every quarter according to the evaluation results. This will serve as the basis for the evaluation of future managers and employee promotions and employee remuneration, and encourage employees to improve their professional capabilities and grow with the Company.
Our company values the development of talents. Through a comprehensive performance management system, we reflect the results of our colleagues' efforts in bonuses, salaries, training and promotions. We establish effective career development training for outstanding and potential talents to drive the overall positive development of the company.
(3) Provide employees with a safe and healthy working environment and provide regular safety and health education to employees.Our production environment is mostly equipped with air-conditioning equipment. The plastic molding workshop is equipped with a central feeding system, dedicated closed pipeline feeding, and central space dust collection to eliminate dust problems in the workshop to maintain a good working environment for employees. We also regularly hold health checks for all employees and in terms of labor health protection, the company employs medical staff to provide on-site services including:
- Planning and implementing health education, health promotion and hygiene guidance for workers.
- Prevention and treatment of work-related injuries and diseases, health consultation, first aid and emergency treatment.
- Assisting employers in selecting workers for appropriate jobs.
- Analysis, evaluation, management and preservation of workers' physical and health examination records and health management.
- Research reports on occupational health and preservation of injury and disease records.
Specify employees to participate in the "Class A Labor Safety Business Supervisor" course, "Fixed Crane On-the-job Training" and "First Aid Personnel Refresher Training" to maintain employee safety.
(IV) Establish an effective career development training plan for employees.
Every year, the company will investigate and review whether the work ability of employees is consistent with the position from the perspective of organizational needs, departmental needs and personal needs. Every year, the company uses the functional survey form to formulate an annual list of expected training personnel and training projects to plan and arrange training plans for personnel capacity strengthening or talent development. In the most recent year, Jiantong Group's self-organized and external training totaled 2,970 people, with a total of 23,884 hours.
(V) The company complies with relevant laws and international standards regarding the health and safety of customers, customer privacy, marketing and labeling of products and services, and has formulated relevant consumer protection policies and complaint procedures.
At present, European and American countries have strict requirements for green environmental protection. Our company has always promoted green production. Since the material structure of our products is copper and plastic, in order to ensure that the product quality can meet the requirements of the RoHS environmental directive, we have also purchased ICP-OES heavy metal detectors, GC/MS bromide detectors, and UV/VIS hexavalent chromium detectors to conduct quality inspections of incoming materials and products to implement the implementation of the RoHS environmental directive. Our company has taken the lead in developing environmentally friendly low-lead copper alloy processing technology and has obtained partial results of VDE and BSI product certification in June 2018. The EU ROHS directive determined in February 2019 that the lead content in copper alloys is less than 4% (40,000 ppm). The current exemption clause expires on July 21, 2026. Our company will be able to fulfill its corporate social responsibility for environmental protection.
In addition, our website also provides smooth communication channels for all stakeholders, and a dedicated person is responsible for handling complaints to maintain high-quality service satisfaction for consumers and customers.
(VI) Establish supplier management policies, requiring suppliers to comply with relevant regulations and implementation status on issues such as environmental protection, occupational safety and health, or labor human rights.
Our company values sustainable cooperation with suppliers, so we have established a "Raw Material Supplier Management Procedure Book" to require suppliers to comply with relevant regulations on issues such as environmental protection and occupational safety. We evaluate the supplier's management quality ISO9001, IATF16949) and environmental system (such as ISO14001, QC080000) certification, and "Environmental Quality Assurance System Inspection and Audit" to confirm that the raw materials delivered by the supplier meet the RoHS hazardous and toxic substances restriction standards. Only after passing the review can they be registered as qualified suppliers.
Our company's comprehensive supply chain management mechanism, through the supplier selection process, evaluation and audit management, grading evaluation guidance and other specific implementation requirements, aims to establish a sustainable growth environment with suppliers.
VI. If the company has its own sustainability guidelines based on the “Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies,” please specify the differences between its operation and the established guidelines.
The company has established the “Corporate Social Responsibility Best Practice Principles” and formed a dedicated unit, the Corporate Social Responsibility Operations Team, which is composed of department heads. This team is responsible for promoting corporate governance, formulating energy-saving and carbon reduction measures, reducing environmental pollution, complying with labor regulations, and safeguarding employee rights.
Each department fulfills its responsibilities, and the company regularly reviews the effectiveness of the implementation. The company routinely evaluates its compliance with these principles, and makes improvements accordingly, and to date, there have been no deviations from the established guidelines.
(1) In activities related to community engagement, social contribution, social services, social welfare, and other social responsibilities, the company invested a total of NTD2.97 million in 2024. The breakdown of activities is as follows:
- For social care and emergency relief efforts, a total of NTD300,000 was allocated:
- A. Donate to the 0403 Hualien Earthquake Fundraising Project and the Kaohsiung City Private Little Angel Home to care for disadvantaged children.
- Dedicated to promoting educational initiatives and giving back to the community, a total of NTD2.37 million was allocated:
- A、Donations to Dashe Elementary School, Luzhu Elementary School, Yijiaguomin Junior High School, and Lujhu Senior High School to support local education.
-
2024 Donate to community education activity projects
school
item
Number of people being helped
Dashe Elementary School
Tuition and miscellaneous fee subsidies for disadvantaged/disadvantaged households
10
2024 annual club activities
team
Yijia High School
Tuition and miscellaneous fee subsidies for disadvantaged/disadvantaged households
99
Luzhu Elementary School
Tuition and miscellaneous fee subsidies for disadvantaged/disadvantaged households
36
2024 annual club activities
3
Luzhu Junior high school and high school
Tuition and miscellaneous fee subsidies for disadvantaged/disadvantaged households
14
- B. Our company donated to Caiwen Community Development Association, Yaliao Community Development Association, Dagangshan Mountaineering Association, and Luzhu Tianhou Temple.
- For animal welfare, a total of NTD300,000 was allocated:
- A. Our company donated to the Animal Protection Association of the Republic of China, the Kaohsiung City Stray Animal Care Association, the Tainan City Stray Animal Protection Association, the Pingtung County Pingtung City Stray Dog Love Association, the Tainan City Xu Yuanzhang Animal Protection Association, the Tainan City Dong Wangwang Stray Furry Child Life Care Association, the Taiwan Happy Dogs Stray Midway Association and the Taiwan Animal Emergency Rescue Promotion Association.
(2) Regarding environmental protection and energy conservation:
- 1. In terms of environmental protection and energy conservation, in addition to implementing the recycling and reuse of electroplating wastewater, employees are required to practice waste sorting. The company has established energy-saving management measures, instilled the habit of turning off lights during lunch breaks, designated Thursdays as recycling days in response to recycling policies, and has posted temperature labels on all air conditioners, with the temperature set above 28℃.
- 2. The use of boilers has been discontinued, and electric heating is adopted to achieve energy-saving and carbon reduction goals.
- 3. The latest ISO 14001 certificate obtained by our company is valid from 2024/04/08 to 2027/04/07。
- 4. Placards with slogans are posted near power switches and faucets to remind employees to conserve energy and cherish water resources at all times.
(3) Regarding human rights protection and safety-related matters:
- 1. Stamping press operators are required to wear earplugs, with 100% compliance with operating rules.
- 2. Planning and implementation of soundproofing projects for stamping press machinery.
- 3. In the process of handling copper raw materials, safety considerations are enforced for stamping press department personnel, and the mandatory wearing of safety shoes is implemented.
- 4. In the plastic injection molding station, a central feeding system is adopted to eliminate dust issues.
- 5. Comprehensive occupational safety training is provided, including training for firefighting, first aid personnel, and emergency response.
(4)、Regarding the protection of consumer rights:
Currently, various countries such as Europe and the United States strictly demand green environmental protection. Our company has always promoted green production. Given that the material structure of our products consists of copper and plastic, to ensure that product quality meets the requirements of the RoHS environmental directive, Vietnam Gem Electronic and Metal Co., Ltd. actively develops environmentally optimized lead-free copper. Internally, we have also acquired ICP-OES heavy metal detectors, GC/MS bromide detectors, and UV/VIS hexavalent chromium detectors for quality testing of incoming materials and products, fully implementing the RoHS environmental directive.