Sustainability Strategy Blueprint

In September 2015, the United Nations adopted 17 Sustainable Development Goals (SDGs) for the 2030 sustainable development agenda. In achieving these goals of sustainable development, apart from relying on the power between nations, enterprises will also play an indispensable role. As a global citizen and an important member of the semiconductor industry chain, Novatek endeavors to combine corporate sustainable development with the SDGs, jointly seeking a better, more sustainable future through its own goals and efforts. Novatek selected 16 priority goals from the 17 SDGs. Regarding potential risks or opportunities for SDGs arising from operational activities, relevant countermeasures will be actively developed in the future.

 

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Strategies and Goals

After completing the identification of SDGs in the value chain, Novatek formulated related management strategies according to the material issues corresponding to the SDGs. Based on the period of SDGs and the content of SDG targets, we presented the annual performance for management. For more information, please refer to the corresponding chapter (section).

SDG 16：PEACE, JUSTICE AND STRONG INSTITUTIONS

SDGs Targets

Performance

2023

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SDGs Targets
  • 16.5 Substantially reduce corruption and bribery in all their forms
  • 16.6 Develop effective, accountable and transparent institutions at all levels
  • 16.7 Ensure responsive, inclusive, and representative decision-making
  • 16.b Promote and implement non-discriminatory laws and policies to achieve sustainable development

 

Corresponding chapter
  • 2.2 Integrity management
  • 5.4.3 Employee communication
  • 5.4.1 Human rights concerns and practices

 

 

 

Top 5%

Ranked in the top 5% of companies in the 10th (2023) corporate governance evaluation.

99.87%

Promoted ethical business behavior and achieved a 99.87% completion rate of training for all employees.
 

97.5%

The attendance of directors attending the Board meetings was 97.5%, achieving good attendance.

 Human Right

Released Novatek Human Rights Policy.
 
No violation

No major violations of social, environmental, and economic related regulations.

 Communication

Established diverse communication channels to enable responsible units to respond promptly to feedback and construct a culture of smooth communication.
 

 

 
 
 

 
 
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Performance Overview