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SINBON's Commitment to Sustainability in 2025

In an era where corporate responsibility towards sustainable development has become indispensable, SINBON Electronics Co., Ltd. (TWSE: 3023) has officially launched its 2025 Sustainability Report, showcasing significant strides in its sustainable practices. The transformation towards a more sustainable future is not merely a trend but a vital component of business competitiveness and operational resilience.

Executive Compensation Linked to ESG Performance

One of the report's key revelations is SINBON's pioneering policy that ties executive compensation directly to environmental, social, and governance (ESG) performance criteria. This initiative applies to top-tier management, including the CEO and executives across operational and support functions. The policy assigns a 20% weight to sustainability performance in annual evaluations, emphasizing the importance of various factors such as employee retention, workplace safety, ethical compliance, sustainable purchasing practices, and climate change awareness. This integration fosters a culture of responsibility toward sustainability in every stratum of the organization.

Climate and Nature Governance Enhancements

As global challenges like climate change and biodiversity loss become increasingly pressing, SINBON has taken robust steps toward addressing these issues. The formation of a new team dedicated to climate and nature adaptation is aimed at assessing the financial and operational impacts of climate risks. In a notable achievement, the company has reduced its Scope 1 and 2 emissions by an impressive 27.68% compared to its baseline year of 2021. This decisive action underscores SINBON's commitment to its low-carbon transformation ambitions, aligning with broader goals of carbon neutrality.

Implementation of Fair Wage Survey

Moreover, SINBON conducted its first decent wage survey, encompassing over 75% of its directly employed workforce. Unlike the legal minimum wage, the decent wage model ensures that employees receive compensation adequate to maintain a reasonable standard of living, meet their basic needs, and save modestly. This survey was based on frameworks from the Fair Wage Network and the Anker methodology, utilizing local cost of living data to create a comprehensive overview. Moving forward, SINBON intends to extend this survey across its global operations and establish a periodic review mechanism to ensure fair compensation aligned with local living standards.

Promoting Sustainable Supply Chain Management

In line with its sustainability vision, SINBON introduced the RISE strategy for sustainable supply chain management. This approach emphasizes collaboration with suppliers in four main areas: risk management, responsible sourcing, creating green supply chains, and empowering suppliers for mutual success. Impressively, the company achieved an 85% global commitment rate for corporate social responsibility among its suppliers, alongside an outstanding average satisfaction score of 4.89 out of 5 from its supplier partners.

Future Directions and Conclusion

Looking ahead, SINBON is committed to deepening its governance concerning sustainability and working with clients, employees, and global partners to construct a more resilient and sustainable value chain. The integration of ESG factors into executive compensation marks a significant milestone, reflecting a broader trend in corporate governance frameworks that prioritize long-term stakeholder value over short-term gains. As the landscape of corporate responsibility continues to evolve, SINBON's initiatives position it at the forefront of companies dedicated to genuine sustainable development.

In summary, SINBON's 2025 Sustainability Report not only highlights the company's achievements but also outlines its ambitious roadmap for the future that prioritizes people, the planet, and prosperity.