Novatek Supports Social Innovation, Wins the Ministry of Economic Affairs’ 2025 “Buying Power — Excellence Leadership Award”
Sustainability
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Novatek Microelectronics Corporation continues to integrate ESG principles into its operations and has been further recognized for its commitment to socially responsible procurement. At the 2025 “Buying Power — Social Innovation Products and Services Procurement Incentive Scheme” organized by the Small and Medium Enterprise Administration, Ministry of Economic Affairs, Novatek received the “Buying Power — Procurement Award: Excellence Leadership” for the first time, with nearly NT$6.8 million in social innovation procurement. This marks the company’s fourth cumulative award and highlights its sustained investment in sustainable procurement and the creation of social value.
Through diversified and sustainable procurement practices, Novatek prioritizes products and services from social innovation organizations for office supplies, interactive events, and holiday gifts. Beyond procurement, we mobilize civil society to advance sustainability by supporting nine suppliers to join the pool of social-innovation vendors, ensuring that every purchase generates social impact. Our partners include a range of social enterprises and welfare organizations — such as Taiwan Fuqi Social Care Association, Chen Jia Zhuang Natural Agriculture Co., Ltd., Nordic Creative Co., Hsinchu Bakery by Eden Social Welfare Foundation, SlowFly Social Enterprise, Aijia Sheltered Workshop, and a total of 15 social-innovation vendors and welfare organizations — jointly promoting diverse agendas including employment support, friendlier production practices, and social inclusion.
Novatek will continue to align internal resources and take concrete actions to develop a sustainable procurement model that balances corporate growth with social impact, actively promoting social innovation and fulfilling corporate social responsibility.
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