Determining the Company's core sustainability management issues
WT has sustainable policies and initiatives for environmental, social, corporate governance, economic and trade compliance which were voluntarily formulated Sustainable Development Team and subsequently approved and published by the Chairman of the Board under authorization of the Board of Directors.
The Senior Vice President Kerry Hsu was appointed as Chief Corporate Governance Officer by the Board of Directors in 2019, and the Chief Application Officer Dr. Willie Sun as Chief Sustainability Officer when the ESG Sustainable Development Team was founded in 2021. On October 28, 2022, the ESG implementation results and the plan for 2023 were presented to the Board. To implement the Company’s sustainable development vision, the sustainability strategic goals and management guidelines were drawn up under supervision of the Board, and a review plan to be made as needed. From 2022, the GHG inventory results and finalized sustainability report are set to be regularly presented to the Board. Climate governance, which has become indispensable for WT’s operations since the introduction of the Climate Change Financial Disclosure (TCFD) project, will also be regularly brought to the Board.
Sustainable governance-related items brought to the Board of Directors
2022.01.06
[Presentation] Report on WT Education Foundation
[Discussion] Passed the donation to WT Education Foundation
2022.02.24
[Discussion] Passed the amendment to the Corporate Social Responsibility Best Practice Principles
[Discussion] Passed the Amendment to the Corporate Governance Best Practice Principles
2022.04.07
[Discussion] Passed the stipulation of Sustainability Report Preparation and Verification Operating Procedures
2022.05.09
[Presentation] Report on GHG inventory and verification schedule planning
2022.08.05
[Presentation] Report on GHG inventory and verification schedule planning
[Discussion] Passed the Amendment to the Corporate Governance Best Practice Principles
2022.10.28
[Presentation] Report on GHG inventory and verification schedule implementation progress
[Presentation] Report on communication with stakeholders in 2021
[Presentation] Report on the Sustainable Development Team’s ESG implementation results and plan for 2023
WT follows the GRI Sustainability Reporting Standards for reporting principles to manage sustainability issues. Major stakeholders were identified, material issues determined, and the organizational boundary defined through a five-step engagement process in compliance with the principles of stakeholder inclusiveness, sustainability context, materiality, and completeness.