Performance Highlights

  • Included in the "TWSE Corporate Governance 100 Index" for constituent stocks for 10 consecutive years.
  • Included in the “FTSE4Good TIP Taiwan ESG Index” for constituent stocks for 5 consecutive years.
  • Included in the “TWSE RAFI® Taiwan High Compensation 100 Index” for constituent stocks for 12 consecutive years.
  • Included in the " TWSE RA Taiwan Employment Creation 99 Index " for constituent stocks for 4 consecutive years.
  • Ranked in the top 5% or top 6%~20% of companies in corporate governance evaluation for 10 consecutive years.
  • Won the Platinum & Gold Report in the "TCSA Taiwan Enterprise Sustainability Award" for 7 consecutive years.
  • Recognized as the "Excellent Group for Promoting Youth Volunteer Service" by the Ministry of Education for 7 consecutive times.
  • Recognized as the "Excellent Utilization Unit for Volunteer Service in Education" by the Ministry of Education for 2 times.
  • Won the "Sports Promoter Award - Long-term Sponsorship Award" issued by the Ministry of Education for 4 times.
  • Received the "Healthy Workplace Certification Mark" issued by the Health Promotion Administration, MOHW for 6 consecutive times.
  • Selected as one of the top 100 winners of the Sustainable Citizens Award issued by the CommonWealth Magazine for 4 consecutive years.
  • Selected as one of the top 100 Carbon Competitiveness by the Business Weekly for 3 consecutive years.
  • Awarded the "Outstanding Performance" in the Corporate Carbon Reduction Thermometer by CommonWealth Magazine for 3 consecutive years.
  • Awarded "Taiwan iSports Certification" issued by Ministry of Education for 2 times.
  • Awarded the "Procurement Award" of Buying Power Social Innovation Product and Service issued by the Ministry of Economic Affairs for 3 times.
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Awards & Recognition

Environment

Social

Governance

2025 Temperature Rising Index for Pathways (CommonWealth Magazine)

 

2024

Top 100 Carbon Competitiveness  (Business Weekly)

2024 Talent Sustainability Award

2024 CHR-Corporate Health Responsibility『Health 99 Enterprise 』Award

2024 Sports Promoter Award - Long-term Sponsorship Award

2024 "Procurement Award" of Buying Power Social Innovation Product & Service

2024 Youth Volunteer Outstanding Utilization Unit Award

2023 Taiwan iSports Certification award

2023 Excellence Award for Promoting Workplace Gender Equality

2023 Excellent Utilization Unit for Volunteer Service in Education Award

2022 Social Education Contribution Award

Healthy Workplace Certification Mark

 

Top 100 winners of the 2024 Sustainable Citizens Award

Platinum Report in the “2024 TCSA Taiwan Enterprise Sustainability Award”

2024 Taiwan Top 100 Best-Performing Business Leaders ranked by the Harvard Business Review

Ranked in the top 5% of companies in corporate

2023 Taiwan Best-in-Class 100

 governance evaluation

Included in the "TWSE Corporate Governance 100 Index" for constituent stocks

Included in the “TWSE RAFI® Taiwan High Compensation 100 Index” for constituent stocks

Included in the “FTSE4Good TIP Taiwan ESG Index” for constituent stocks

Included in the " TWSE RA Taiwan Employment Creation 99 Index " for constituent stocks

 

 

 

 

Sustainable Commitment

Certification

Policies

ISO 9001 Quality Management System

ISO 14001 Environmental management system

ISO 45001 Occupational health and safety management system

ISO/IEC 27001 Information Security Management System

ISO 50001 Energy Management System

ISO 14064-1 Greenhouse Gases, Categories 1 to 6 (Headquarters)

ISO 14064-1 Greenhouse Gases, Categories 1 to 6 (Subsidiaries)

ISO 14067 Product Carbon footprint

Authorized Economic Operator, AEO

Taiwan Intellectual Property Management System, TIPS

Responsible Business Alliance, RBA

 

 

Quality Policy

Environment Policy

Information Security Policy

Anti-Corruption, Anti-Bribery Commitment

Novatek Supplier Code of Conduct

Risk Management Policy

Declaration of Biological Diversity

AEO Policy

Intellectual Property Management

Human Rights Policy 

 

 

 

 

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Novatek’s business philosophy is centered on wholehearted commitment to customer satisfaction and teamwork. Novatek works collaboratively with its suppliers to pursue better and more advanced technologies and methodologies, striving to meet customer needs and expectations. In alignment with international environmental regulations and customers’ environmental sustainability requirements, Novatek has established a green product management system, which has been recognized by leading global corporations. The Company continuously strengthens and enhances sustainable supply chain management, assists suppliers in obtaining relevant ISO management system certifications, and has issued the “Novatek Supplier Code of Conduct,” which suppliers are required to comply with and sign. Furthermore, Novatek promotes carbon management initiatives among its suppliers, working together with supply chain partners to set sustainability goals. Novatek is dedicated to providing high-quality, sustainable customer service to continuously improve customer satisfaction year after year. Novatek regards its suppliers and customers as strategic partners, and looks forward to creating a win-win ecosystem through joint collaboration and effort. 

 

As an important member of the global supply chain for semiconductor products, Novatek has the obligation to assume the responsibility for environmental sustainability. Through the formulation and implementation of environmental safety and health policies, as well as the continuous promotion of greenhouse gas inventory, business activities that affect the environment, safety and health must meet the requirements of laws and regulations. Novatek is committed to reducing the negative impact of business operation on the environment. For this reason, the design and manufacturing of products are in compliance with the environmental protection regulations and energy-saving trends around the world, offering products that comply with customers’ environmental protection and energy-saving requirements. As a result, the revenue of energy-saving products has been growing year by year. Novatek has declared its renewable energy usage goal and achieved a renewable energy utilization rate of 14.89% in 2024. In addition to sponsoring the maintenance of the "Yushan National Park Trails and Facilities" for many years, Novatek also continues to sponsor the "Sea Viewing Park" in the Hsinchu Air Quality Purification Zone, gathering corporate volunteers to jointly protect the environment. In the future, Novatek’s keystone goal of sustainable development will include continuing to strive for the refinement of product design, and bringing out more energy-saving products with low burden on the environment, thereby making a contribution to the sustainable development of the environment.

 

 

 

1.41% 

Invested approximately NT$7.57 million in energy-saving and carbon-reduction programs, electricity saving rate of 20.79%, resulting in a 1.41% growth in the electricity-saving rate. The overall electricity savings can provide electricity to meet the needs of approximately 2,901 households for 1 year.

80.2 GWh 

The average energy consumption of main products in 2024 decreased by 4.26% compared to 2023, resulting in a reduction of approximately 80.2 GWh of electricity. The electricity savings can provide electricity to meet the needs of approximately 21,703 households for 1 year.

 

39.8% 

Invested NT$4.695 billion in the R&D of energy-saving products, generating an annual revenue of over NT$40.5 billion, which accounts for 39.8% of the total revenue.

14.89% 

Throughout the year, a total of 6.09 GWh of green energy was obtained, achieving a renewable energy utilization rate of 14.89%.

 

NT$36billion

Novatek has always adhered to the principle of local procurement. In 2024, the Company's procurement amount in Taiwan exceeded NT$36 billion.

7.10%

A water-saving rate of 7.10%. The annual water-saving program saved a total of 8,842 cubic meters (1,000 L) of water, equivalent to the daily water consumption of 8,842 households..

 

ISO14067

ISO 14067 Product Carbon Footprint (Driver IC) verified by a third-party certification body.

1.7 million 

The amount of gold recovered from discarded driver ICs reached 77 kg, which is equivalent to recycling 1.7 million mobile phones. This initiative supports the promotion of the "Green 100" Sustainable Office Lifestyle Program.

 

Air Quality 

In addition to sponsoring the maintenance of Yushan National Park Trails and Facilities for 18 consecutive years, Novatek also sponsored the Sea Viewing Park in the Hsinchu Air Quality Purification Zone for 3 consecutive years. Additionally, one rounds of beach cleanups were conducted.

Green Building 

The Tai Yuen Building was awarded the "Green Building Label (Silver Level)" by the Ministry of the Interior.

Transition to non-PFAS green coating materials for driver IC COF, committed to reducing environmental impact.

 

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Talent is not only an asset of a company, but also the foundation for its sustainable development. Novatek’s achievements today rely on high-quality human resources. The importance that Novatek attaches to professional expertise is fully reflected in the workplace environment and conditions provided by the Company. Novatek has not only been awarded the "Healthy Workplace Certification Mark" by the Health Promotion Administration of the Ministry of Health and Welfare (MOHW) for six consecutive years, but also received the 2024 CommonWealth Talent Sustainability Award and was recognized as a “Healthy 99” enterprise by the 2024 CHR Corporate Health Responsibility. The Company has been consistently selected as constituent stocks for the "Taiwan High Compensation (HC) 100 Index" published by the Taiwan Stock Exchange (TWSE). The Company also continues to implement childcare allowances and work from home for parenting, as well as enhanced leave policies that exceed the requirements of the Labor Standards Act—such as maternity leave, paternity/prenatal examination leave, and marriage leave, demonstrating its commitment to not only offering highly competitive salary and benefits packages to attract and retain talent, but also emphasizing the physical and mental health, personal growth, and work-life balance of its employees. This is all aimed at promoting sustainable development for the Company's talent. Apart from that, harmonious labor relations are also beneficial to the Company’s long-term stable development. The diverse communication mechanisms that exist within Novatek allow our employees’ opinions to be heard, and the responsible unit to quickly respond to those opinions, thereby constructing an excellent barrier-free communication culture and an open and enlightened working atmosphere. In addition, Novatek is committed to ensuring a safe workplace, that employees are treated with respect and dignity, and that operations are environmentally friendly and ethical. To fulfill this commitment, Novatek has formulated a human rights policy and promoted gender equality and friendliness, clearly defined various human rights protection norms and guidelines, and conducted a complete investigation process to ensure that its code of conduct is consistent with the "Responsible Business Alliance (RBA) Code of Conduct". In 2024, Novatek was awarded Silver Recognition with a high score under the RBA Validated Assessment Program (VAP).

 

Novatek adheres to the spirit of social citizenship and the belief of “take from society, give back to society”, engages in social welfare activities and charities, and fulfills its responsibilities as a social citizen. Novatek chose the path of education and caring for the disadvantaged, because we believe that only through education can the individual and society be changed completely, creating every possibility. In addition to establishing the “Novatek Education Foundation”, Novatek integrates company resources and the voluntary efforts of employees, actively engaging in nurturing technology talent, promoting sports development through adoption, supporting education in disadvantaged rural areas, providing corporate volunteer services, and sponsoring social welfare initiatives. It is hoped that through such efforts, Novatek can provide more resources and create more hope for the disadvantaged and children in rural areas. Due to its long-term dedication to social participation, Novatek received the "2024 Buying Power - Social Innovation Products and Services Procurement: Third Prize in Procurement " issued by the Ministry of Economic Affairs, as well as the ''2024 Ministry of Education Sports Promoter Award – Long-Term Sponsorship Award'' and the "2024 Youth Volunteer Excellent Utilization Unit" (2nd Youth Volunteer Action Award)'' issued by the Ministry of Education, showing positive affirmation to Novatek's long-term engagement in social participation and sustainable development.

 

 

 

6.07%

The annual employee turnover rate was 6.07%, which is lower than the industry average turnover rate of 18.7%.

NT$3.521million

According to the information released by the Taiwan Stock Exchange for listed companies in 2024, Novatek’s average salary for full-time employees in non-executive positions was NT$3.521 million, and the median salary was NT$2.865 million.

 

NT$63,000

Employees are entitled to a high travel subsidy of NT$63,000, with 98.97% of the Company's employees making use of this benefit.

30.7hrs

On average, each employee received 30.7 hours of training, established the ''Industry-Academia Collaboration R&D Innovation Award''.

 

NT$46.42million

Provided a subsidy of NT$5,000 per child per month and 15 days of work from home for parenting per year. The total amount disbursed for this benefit in 1 year reached NT$46.42 million.

4,463hrs

Employees are entitled to 16 hours of corporate volunteer leave per year. 21 sessions of volunteer services were organized throughout the year, for a total of 4,463 volunteer hours.

 

47.9%

The total amount of employee donations exceeded NT$13.44 million, with 47.9% of employees participating in the charity event.

RBA VAP

Achieved Silver Recognition with a high score under the RBA Validated Assessment Program (VAP), and continued to promote diversity, equity, and inclusion (DEI) and gender equality in the workplace through online training courses. Additionally, the Company has newly launched initiatives to foster and empower women in technology.

 

NT$60.33million

Social investments for the year exceeded NT$60.33 million.

Healthy99

2024 CHR Corporate Health Responsibility “Healthy 99” Enterprise

 

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Governance

Corporate governance is the cornerstone of enterprise’s sustainable development. Novatek attaches great importance to corporate governance. Not only does it adhere to the principle of focusing on its own business and integrity management, the Company also operates in compliance with government laws and regulations, while protecting the rights and interests of its shareholders and taking into account the interests of stakeholders. We are continuously selected for several years as a constituent stock of the "TWSE Corporate Governance 100 Index", the "FTSE4Good TIP Taiwan ESG Index", and the "TWSE RA Taiwan Employment Creation 99 Index", and ranked in the top 5% of companies for the 11th corporate governance evaluation, which is a recognition of the excellence of Novatek's corporate governance. We will continue to work hard to enable the steady and long-term development of Novatek. For two consecutive years, the Company has passed the Taiwan Intellectual Property Management System (TIPS) Grade A certification, continuously strengthening the implementation of intellectual property rights protection. We also continued to provide training and promotion on ethical business practices to instill a sense of corporate ethics among all employees. Establishing and implementing corporate governance mechanisms from top to bottom that enables Novatek to develop in a long-term and stable manner is our commitment to all our stakeholders.

 

 
ISO 14064-1

TCFD Task Force on Climate-related Financial Disclosures.
SASB disclosure.
ISO 14064-1 greenhouse gas inventory (Categories 1-6) passed third-party verification.
ISO 50001 Energy Management System passed third-party verification.
ISO 14067 Product Carbon Footprint Assessment has been verified by a third party.
Achieved Silver Recognition with a high score under the Responsible Business Alliance (RBA) Validated Assessment Program (VAP).

Net-zero emissions

Officially announced the commitment to achieve net-zero emissions by 2050 and set goals for renewable energy use: 50% by 2030 and 100% by 2050.

 

NT$102.788billion

Annual revenue reached NT$102.788 billion, with a profit of NT$20.342 billion.

ISO 27001

Passed the external audit for ISO 27001 Information Security Management System certification.

 

TIPS

Passed the Taiwan Intellectual Property Management System (TIPS) A-level verification for 2 consecutive years and completed internal intellectual property management reviews.

97%

Customer satisfaction reached 97%.

 

Top 5%

Ranked in the top 5% of companies in the 11th Corporate Governance Evaluation (2024).

Energy-saving chip

Dedication to energy saving and carbon reduction through active participation in the R&D and application of energy-saving products.

 

62.5%

Independent directors account for 62.5% of the Board seats.

Female50%

Male and female directors each account for 50% of the Board seats.


 

 

Corresponding Performance and goals

Novatek formulated related management strategies and short-, medium- and long-term goals according to the five major dimensions of “Corporate Governance”, “Partner’s Co-Prosperity”, “Environmental Sustainability”, “Friendly Workplace” and “Social Participation” .We set short, medium and long-term goals and presented the performance for management. For more information, please refer to the corresponding chapter.

Goals and performance

2024

Short-term goals

1 year

Medium-term goals

1-3 years

Long-term goals

3-5 years

100%

100% of the suppliers signed the “Novatek Supplier Code of Conduct”

100%

100% of the suppliers completed the sustainability risk self-assessment

 
100%

Completed the social responsibility audit for 100% of key suppliers,  in-line with our target of 85%.

58%

Completed the carbon management project, with 58% of key overseas suppliers completing the ISO 14064-1 greenhouse gas inventory system setup

 
100%

Completed 100% of audits on suppliers

100%

Suppliers were required to source non-conflict raw materials, and the usage of compliant minerals reached 100%

 
100%

100% of materials have complied with RoHS, halogen-free and REACH requirements

100%

100% of the suppliers obtained ISO 14001 Environmental Management System certification

 
 
Code of Conduct

Suppliers complete the annual sustainability risk self-assessment and issue the "Novatek Supplier Code of Conduct"

95%

Audits on suppliers reach 95%

 
90%

Complete the social responsibility audit for 90% of key suppliers

Carbon 

Jointly establish annual energy-saving and carbon-reduction goals in the supply chain

 
ISO 14001

Continue to require suppliers to obtain ISO 14001 Environmental Management System certification and maintain its validity

100%

Continue to require suppliers to source non-conflict raw materials, and the usage of compliant minerals reach 100%

 
Compliance

Continue to comply with RoHS, halogen-free and REACH requirements

65% 

65% of key overseas suppliers complete the setup of ISO 14064-1 Greenhouse Gas Inventory System 

 
Risk assessment

Continue to improve supplier sustainability management process and sustainability risk assessment

95%

Audits on suppliers reach 95%

 
90%

Complete the social responsibility audit for 90% of key suppliers

Protection

Continue to pay attention to international environmental issues, work with suppliers to formulate energy-saving and carbon-reduction goals, and meet customer’s environmental protection needs

 
ISO 14001

Continue to require suppliers to obtain ISO 14001 Environmental Management System certification and maintain its validity

Non-conflict

Continue to require suppliers to source non-conflict raw materials, and the usage of compliant minerals reach 100%

 
Compliance

Continue to comply with RoHS, halogen-free and REACH requirements


 

 
 
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  • Construct a sustainable business model with the supply chain, and continue to improve the economic, environmental and social integrity
  • Audits on suppliers reach 95%
  • Complete the social responsibility audit for 100% of key suppliers
  • Actively respond to global environmental issues and improve the efficiency of resource use for business operation
  • Continue to require suppliers to obtain ISO 14001 Environmental Management System certification and maintain its validity
  • Continue to require suppliers to source non-conflict raw materials, and the usage of compliant minerals reach 100%
  • Continue to comply with RoHS, halogen-free and REACH requirements