Problem to be solved
- It is not easy for social welfare groups to raise funds, which can limit their supporting capacity, affecting the care of disadvantaged families, and leading to potential social problems.
- Assist in solving the problem of blood shortage in blood banks.
- Support the purchase of local farming products, and stabilize the profit from agricultural production and sales.
- Assist in the growth and development of the local community.
Local Community Involvement
Novatek is dedicated to assisting in the development of its local community of Hsinchu County. The Novatek Foundation was established through a donation from the Company, and it provides long-term support for the education of underprivileged groups in the area via the following three initiatives:
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Assisting in the development of its local community of Hsinchu County： |
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Novatek Social Caring Fund
In 2007, Novatek established the "Novatek Social Caring Fund", which is funded by voluntary donations from employees. Every year, contributions are made to give back to society, following the philosophy of "collecting small amounts to achieve great charity". This initiative supports charitable organizations in need, ensuring that they receive appropriate care and making charitable giving an integral part of the Company's culture. Novatek continues to carry out social care activities, including on-site visits, usage supervision, and reporting on implementation outcomes, all of which reflect Novatek's spirit of "taken from society, give back to society".
The donation targets of the "Novatek Social Caring Fund" include physical and mental disabilities, early intervention, elder care, and diverse education and learning. All relevant projects have been reviewed and evaluated by the project team of the Administration Department. In 2023, a total of 1,304 employees—46.1% of the Company’s employees—participated in the donation drive, raising a total of NT$13,329,600. This represented a 2.1% growth in the number of donors compared to 2022. To encourage employee participation in the annual charity donation campaign, exclusive rewards and prize quizzes were offered. Handmade products totaling NT$548,000 were purchased from 3 charitable organizations, providing support and expanding the benefits of charity. A total of 62 projects were evaluated during the year, resulting in donations totaling NT$13,794,825 and achieving a donation execution rate of 100%. Since 2007, employees have donated more than NT$148 million to the Novatek Social Caring Fund, sending love and warmth to every corner of Taiwan in need of assistance. For details of the projects supported by the Novatek Social Caring Fund, please refer to Section 6.1: Community Empowerment.
Novatek Charity Club
Novatek supports its employees to voluntarily organize the "Novatek Charity Club", carrying forward the spirit of selfless love of the employees. Since its establishment in 2000, the employees have voluntarily initiated charity sales activities, second-hand item donations, donations to disadvantaged/charitable groups, volunteer services for social welfare groups, support for disadvantaged students and education, and support children from TFCF (Tawan Fund for Children and Families), etc., fulfilling the civic responsibility of the Novatek people.
Blood Donation Activity
The Company holds a blood donation drive every year, with 342 people responding in 2023, donating a total of 553 bags or 138,250 c.c. of blood, thereby contributing to Taiwan's blood bank and spreading warmth and support. The theme "Donating Blood, Saving Lives, Sustaining Love" was emphasized, and the Company created informational content to share the benefits of blood donation, which encouraged Novatek employees to enthusiastically participate in the blood drive and help others, fostering a joyful and healthy work-life balance.
Procurement of Gifts Aligned with International Fair Trade
Novatek collaborates with environmentally sustainable, farmer-friendly, and fair trade businesses when planning company events and purchasing holiday gifts. This practice supports the United Nations' Sustainable Development Goals (SDGs) such as No Poverty, Zero Hunger, Responsible Consumption and Production, and Partnerships for the Goals, etc., contributing to social and environmental sustainability. In 2023, the procurement amount reached NT$4,975,781, earning Novatek the "2023 Buying Power - Social Innovation Products and Services Procurement: Third Prize in Procurement" from the Ministry of Economic Affairs.
Implementing Circular Economy
The Company took inventory of its well-maintained office furniture and donated six large items to the Xin Le Culture and Health Station of Atayal Agricultural Promotion Association in Jianshi Township, Hsinchu County, providing resources to those in need and promoting environmental protection through reuse and carbon reduction.
Donation of medical supplies
- Medical Face Mask Donation: In 2023, Novatek donated 60,000 adult face masks to 27 units, taking practical action to provide for those in need and collaborating with local charitable organizations to safeguard health.
- Dragon Boat Festival Event: We shared crystal zongzi (rice dumplings) with the Children Are Us Foundation's sheltered workshop, totaling 808 servings.
- Purchasing Christmas Poinsettias for Charity: We purchased 30 pots of festive poinsettias from the Taoyuan Spinal Cord Injury Potential Development Center, decorating the Company with a joyful atmosphere while also contributing to charity.
Novatek Social Caring Fund
Thanks to the Novatek Social Caring Fund for sowing the seeds of love and hope, and allowing the power of knowledge to flourish in rural areas. Your contribution has provided safe learning environments for children, enabling them to focus on reading in renovated tutoring classrooms and reading corners at four centers: Jianhou, Jianqian, Penghu, and Chuoshui, benefiting a total of 165 individuals. In particular, the repair project for the Shilei Tutoring Classroom in collaboration with the Taiwan Hope Volunteer Group was unable to proceed in 2022 due to a labor shortage. When reassessing the construction, it was determined that adding metal sheets to the roof was necessary to completely address water leakage and dampness issues, causing a shortfall in funds. We extend our gratitude to Novatek for once again providing resources without hesitation, and allowing the repairs to be completed smoothly before the start of the 2023 school year. The children joyfully welcomed the new semester.
Novatek Social Caring Fund
Thanks to Novatek Social Caring Fund for joining us at the opening ceremony for Taiwan His Hands Christian Home's new facility in Yanchao. Despite challenges such as project delays, labor shortages, and material shortages during the pandemic, the encouragement and support from Novatek Social Caring Fund allowed us to expand our services and address issues in the new environment. Since 2007, we have cared for over 150 abandoned babies and are now taking on the task of accommodating pregnant migrant workers. We are also proud to be the first comprehensive welfare building for women and infants in southern Taiwan, transcending borders. We extend our gratitude to Novatek Social Caring Fund for their donation of kitchen equipment, ensuring that those in need receive complete nutrition and meals.
