ESG

ESG Organization and Scope

In 2014, United Renewable Energy Co., Ltd.(A company from Taiwan where the sun shines.) established the Sustainability Committee (hereinafter referred to as ESG Committee) and the Office of Sustainability (hereinafter referred to as ESG Office) to implement corporate social responsibility. The ESG Committee is composed of senior executives with experience in economic, environmental, and social aspects, and the ESG Office is the driving force to promote the implementation of corporate governance, economic, environmental, and social issues. The ESG Office has three task forces: Economic, Environmental, and Social. Each functional organization of URECO appoints its representative as a member of the task force, and the three task forces communicate and engage with various stakeholders, such as employees, customers, shareholders, investors, suppliers, communities, and governments, to understand the demands and expectations towards URECO
At the same time, URECO holds regular business meetings with the attendance of each department head to discuss the demands and expectations of various stakeholders toward URECO, and to present implementation results and plan future goals to ensure that they cover economic performance, corporate governance, green energy, environmental protection, and employee well-being, etc. The results of each department's ESG implementation are compiled in the sustainability report and submitted to Chairman for approval, and sustainability-related issue was reported to the Board of Directors once in 2022.

Establishment of ESG Committee (to plan sustainability issues) ESG Office (to promote implementation)

Economic, environmental and social task forces communicate and engage with various stakeholders to understand needs and expectations

Cross-departmental meetings are held to discuss the requests and expectations of various stakeholders, and the results of ESG implementation are compiled and submitted to the Chairman for approval.

In 2015, United Renewable Energy Co., Ltd.(A company from Taiwan where the sun shines.)'s Board of Directors approved the "Corporate Social Responsibility Best Practice Principles" to further provide guidelines for the implementation of corporate social responsibility, in order to build a corporate culture of ethical management and sound development, establish good business operations, and fulfill corporate social responsibility to promote economic, environmental and social progress to achieve the goal of sustainable development.