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 17：PARTNERSHIPS FOR THE GOALS

SDGs Targets

Performance

2023

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SDGs Targets

  • 17.16 Enhance the global partnership for sustainable development

 

Corresponding chapter
  • 3.1 Supply chain management
  • 3.3 Customer service

 

 

100%

100% of Novatek’s 44 major suppliers have signed the Supplier Code of Conduct.

 100%

Supplier audit completion rate reached 100%.
 
100%

The completion rate of the supplier RBA self-assessment questionnaire for sustainability risk reached 100%.

 89%

The completion rate of the key supplier social responsibility audit reached 89%.
 
53%

Overseas key suppliers' completion rate of ISO 14064-1 greenhouse gas inventory system establishment was 53%.

 100%

100% of raw materials were purchased from smelters recognized by the global sustainability initiative organizations.

 
 
96%

Customer satisfaction reached 96%.

 		  
 
   
 
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Performance Overview