Sustainability management|Sustainable Development Governance
Sustainable Development Governance
Winbond positions the Board of Directors as the highest body for sustainability governance, responsible for overseeing and guiding sustainability strategy and regularly reviewing its progress, and, when necessary, prompting the management team to make adjustments. The effectiveness of ESG governance is overseen by the Sustainable Development Committee, which is composed of the Chairman and all independent directors. Winbond is committed to becoming the “hidden champion in providing sustainable semiconductors to enrich human life.” The Chairman personally shapes the ESG vision, while the ESG Office and five functional teams are responsible for planning and executing the sustainability strategy. The organization is chaired by the President and is composed of the Chief Sustainability Officer (CSO) and several core executives (the C-Suite), who jointly review and decide on ESG governance strategies and goals, and convene quarterly to ensure effective execution of the sustainability strategy. The CSO and the five functional teams report annually to the ESG Committee and the Board of Directors on the execution outcomes of sustainability initiatives, the annual work plan, and material issues of stakeholder concern and corresponding response measures, ensuring that ESG governance and related policies are effectively implemented from the top down.
ESG committee
Composition of of ESG Committee:
- Chairman:Arthur Yu-Cheng Chiao(Chairman)
- Members:Allen Hsu (Ind. Director)、Stephen T. Tso (Ind. Director)、Chung-Ming Kuan (Ind. Director)、Jong-Peir Li (Ind. Director)
Responsibility of ESG Committee:
- To implement Sustainable Development Strategy and Management Approach
- To implement short-term, mid-term and long-term Sustainable Development Strategy and Goals
- To review, track and amend the implementation and performance of the Sustainable Development
- To report of the implementation and performance to BoD on an annual basis