ESG News

The results of the 11th Corporate Governance Evaluation, jointly organized by the Taiwan Stock Exchange (TWSE) and the Taipei Exchange (TPEx) for 2024, have been announced. Novatek Microelectronics has once again stood out for its outstanding corporate governance performance, ranking in the top 5% among listed companies for three consecutive years since 2022.

Novatek Microelectronics is committed to strengthening corporate governance across all dimensions, including safeguarding shareholders’ rights and interests, enhancing the structure and operation of the board of directors, improving information transparency, and promoting sustainable development. In 2024, the company further optimized its governance framework: independent directors now account for 62.5% of the board, while male and female directors each comprise 50%, reflecting board diversity. ESG governance has also been integrated into the functional committee’s responsibilities, further enhancing board independence, promoting diversity, and improving governance effectiveness.

To increase information transparency, Novatek adheres to the principle of shareholder equality by fully disclosing corporate governance, operational performance, and ESG achievements on its website in a timely manner. In promoting sustainable development, all group subsidiaries worldwide have completed greenhouse gas inventory and verification. The company continues to obtain third-party certifications for intellectual property and information security, implements absolute greenhouse gas reduction actions, and further strengthens its connection with local communities to actively fulfill corporate social responsibility.

To demonstrate senior management’s commitment to ESG strategies and action plans, Novatek Microelectronics is planning to link executive compensation to ESG performance, and is working with suppliers to jointly fulfill corporate social responsibility, thereby further enhancing the company’s competitiveness.