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 15 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.

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

2022

roadmap-strategic_goal-sdg8-goal.png (496 KB)

 

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$109.96 billion

In 2022, the revenue was NT$ 109.96 billion, and the profit was NT$ 27.97 billion.

 100%

100% of suppliers have completed sustainable risk self-assessments.
 
13.1% 

The application rate was 24 times, the arrival rate was 85.75%, and the new employee rate was 13.10%.

 5.68%

The turnover rate was 5.68%, the retention rate of new employees within one year was 96.19%, and the retention rate of new employees within three years was 88.54%.
 
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 starting from 2022.
 
15 people

Employed 15 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.
 
22%

Invested NT$ 2.868 billion in the R&D of energy-saving products, with annual revenue exceeding NT$ 24.9 billion (accounting for 22% of the total revenue).

 
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Performance Overview