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 8：DECENT WORK AND ECONOMIC GROWTH

SDGs Targets

Performance

2023

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SDGs Targets
  • 8.2 Increasing the productivity of economies through innovation
  • 8.3 Promote development-oriented policies to support business management, innovation and creativity
  • 8.5 Promote full employment, decent work and fair remuneration for all
  • 8.7 Take immediate and effective measures to end all forms of child labor
  • 8.8 Protect labor rights and promote a safe working environment

Corresponding chapter
  • 2.1.1 Financial performance
  • 2.1.2 R&D and innovation
  • 3.1 Supply chain management
  • 4.2.2 R&D and design of energy-saving products
  • 5.1 Talent attraction and retention
  • 5.1.3 Compensation and benefits
  • 5.3.3 Build a healthy workplace

 

NT$110.429 billion

In 2023, the revenue was NT$110.429 billion, and the profit was NT$23.318 billion.

 100%

The completion rate of the supplier RBA self-assessment questionnaire for sustainability risk was 100%.
 
11% 

The application rate was 48 times, the arrival rate was 82.87%, and the new employee rate was 11%.

 4.96%

The turnover rate was 4.96%, the retention rate of new employees within 1 year was 96.34%, and the retention rate of new employees within 3 years was 88.55%.
 
Compensation

The overall compensation of employees continued to rank first in the IC design industry.

 Childcare

Continued the implementation of the maternal care program. Childcare allowance and work from home for parenting was implemented for the 2nd consecutive year.
 
16 people

Employed 16 people with disabilities in accordance with relevant laws and regulations.

 RBA regulations

Follow RBA regulations, prohibit the use of child labor and protect labor rights.
 
33%

Invested NT$4.394 billion in the R&D of energy-saving products, with annual revenue exceeding NT$36.3 billion (accounting for 33% of the revenue).

 
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Performance Overview