The sustainability-related performance disclosed in this report covers the parent company and all entities under the consolidated financial statements, unless otherwise specified in the main text. All disclosed information is based on the scope of consolidated entities.
The other data in this report were compiled from the last five years by the disclosure team, with numeral information described in the usual way and rounded in principle. In cases where the relevant performance information has been collected for less than five years or the accuracy of the information can not be validated or verified, only the data of one to four years are disclosed.
In order to implement the concept of sustainable development and improve the Company’s operating system to achieve sustainable development in the three major areas of environmental protection, social responsibility and corporate governance, the Sustainable Development Committee was established under the Board of Directors by the end of 2023 in accordance with the provisions of the Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies Article 27. The two functional groups, the Sustainable Development Team and Risk Management Team were integrated under the Committee.
Since 2022, the GHG inventory results and finalized sustainability report have been set to be regularly presented to the Board. In 2023, climate change was added as a key issue, of which the factors such as its impacts and extent of existing sustainability issues were reviewed. The major impact scope of the existing procedures was assessed and revised, and their major environmental and social impacts were brought under supervision of the Board. In 2024, the Sustainable Development Team and Risk Management Team, which were assigned to undertake relevant assignments in WT, submitted 6 proposals for discussion and approval and presented 13 reports in total to the Board.
To meet the management needs of global expansion and promote board diversity, one additional Director was elected at the 2024 Annual General Meeting, bringing the total number of Board members to 9, including 4 Independent Directors (44.4%) and 3 women (33.3%).
The Board of Directors holds at least one meeting per quarter. In 2024, a total of 13 Board meetings were convened, with an overall Director in-person attendance rate of 92.7%, and a 100% personal attendance rate by Independent Directors.
WT have integrated our commitment to sustainable development, including environmental, corporate governance, and social responsibility, into the performance evaluations of the CEO, President, and Vice Presidents. This is linked to both short-term and long-term variable compensation. The Compensation and Clawback Policy for Executive Officers was formulated in 2023 and adopted by the Board in 2024, which formally include environmental and social operational performance into the Executive Officers’ compensation evaluation criteria. In particular, environmental and social performance each account for at least 5%.
To ensure a safe working environment throughout WT’s supply chain, uphold respect and dignity for employees, promote environmental protection in operations, and maintain ethical management practices, we have established a Supplier Code of Conduct. This Code outlines expectations for suppliers in five key areas: labor and human rights, health and safety, environmental protection, ethics, and management systems. Suppliers are required to comply with both this Code and all applicable laws and regulations in the countries and regions where they operate.
WT aims for long-term partnerships with General Affairs suppliers who share our core values. To this end, our management has established a “General Affairs Supplier Code of Conduct” for these suppliers. All General Affairs suppliers are required to sign the “Supplier Corporate Social Responsibility Commitment Letter” and complete an online “Supplier Self-Assessment Form.” Our procurement team evaluates the results of these self-assessments to identify potential risks in areas such as human rights, labor practices, consumer protection, ethical business conduct, environmental protection, and health and safety. We ensure that 100% of new GA suppliers are screened and selected based on environmental and social standards.
WT recruits talents aligned with WT’s core values via multiple channels including job bank websites, online platforms (such as LinkedIn, CakeResume, Blink, etc.), campus career centers, partnerships with universities, colleges, departments, as well as internal referrals. A complete training and development plan is provided to ensure talents translate learning into performance effectively and thereupon build a talent pool ready for a rapidly changing future. In 2024, an internal recruitment system is designed and implemented for mid- andhigh-level supervisors who transferred to another department and employees to another job.
In 2024, WT enhanced recruitment efforts not only through a wide range of diversified recruitment platforms, but also by strengthening partnerships with academic institutions to offer both full-time and internship opportunities. To cultivate outstanding talent and enable students to apply their knowledge while gaining practical workplace experience, WT provided internship opportunities across various functions, including Sales, FAE (Field Application Engineering), Procurement, Order Management, IT, Process Optimization, and Human Resources—offering more than 20 internship positions in total.
In addition, WT sponsored scholarships and development programs in collaboration with the College of Social Sciences at National Chengchi University and the College of Engineering at Tunghai University, as well as a trends lecture series at National Taiwan University of Science and Technology, further demonstrating its commitment to nurturing future talent through industry-academia cooperation.
To provide a better career pathway program, WT launched the “Want Talent” elite training program and recruited selected new graduates for the program. In addition to soft skills and technical courses, job rotation training and participation in important projects and large-scale conferences are organized for them to gain a comprehensive understanding of the core concepts of the Company’s operation. Furthermore, senior executives and the human resources department show regular care for them, provide them career guidance, and plan their individual advancement goals and development, to keep them in a changing and challenging work environment.
With the advent of the digital era, WT introduced the WT e-Learning Academy, a digital learning platform that combines online and in-person learning. In the post-pandemic world, learning styles have changed and the proportion of digital learning has increased. Based on WT’s training and development plan, WT e-Learning Academy has established courses in five categories, combining e-newsletters, a knowledge center, and online courses to integrate internal and external resources and enrich the platform’s content, while becoming a platform for linking WT’s knowledge transmission and communication.
WT values the welfare and rights of its employees and actively promotes harmonious relations between management and labors. Work rules and various management regulations have been formulated in accordance with the Labor Standards Act and relevant laws and regulations, and the Code of Practice for Sustainable Development has also been formulated to specify the rights and obligations of both employers and employees in management matters, so that employees can fully understand, comply with, and protect their legitimate rights and interests. In the case of any major changes in the operating conditions that may affect employees’ rights and interests or work environment, WT informs employees within the statutory minimum notification period in order to protect employees’ rights and interests.
WT formulated, in accordance with international human rights conventions and initiatives, a Social Policy and Code of Conduct, which was signed by the Chairman and published on the Company’s official website as a standard for all employees, customers, suppliers and other stakeholders to follow.
WT’s Information Security Department is headed by Chief Information Security Officer at the level of deputy general manage. The Department, composed of two dedicated director and five dedicated personnel, is responsible for information security risk management, incident investigation, system vulnerabilities disclosure, and information security system evaluation and introduction, were reported to the Board of Directors on 5 November 2024.
In 2024, the team earned four internationally recognized credentials – ISC2 CCSP, Google CyberSecurity, CEH, and intermediate-level iPAS, covering cloud security, penetration testing, and auditing. In addition to its existing memberships in cooperative defense groups such as the Taiwan CERT/CSIRT Alliance and the Taiwan Chief Information Security Officer Alliance, the company joined the Information Service Industry Association of the R.O.C. (CISA) to share intelligence on security trends and threats, thereby strengthening its joint-defense ecosystem.
WT is ISO/IEC 27001:2022 and CNS 27001:2023 verified via TCIC, with certificates valid until 2028.
Following recent acquisitions, group-wide training began in September 2024. Of 7,476 employees required to attend (136 on unpaid leave, parental leave, or resigned), 6,945 completed the course and passed the test – a 92.8 % completion rate.
As a leading semiconductor distributor, WT is committed to providing cutting-edge products and exceptional solutions to tens of thousands of customers and end-users worldwide, overcoming various challenges. However, facing the increasingly severe climate change, WT is committed to taking responsibility, actively responding to climate risks, and seizing the opportunities that arise. We will continue to deepen our expertise in green design, develop energy-saving products and solutions, optimize energy efficiency, and reduce the carbon footprint of our customers and end-users. At the same time, we will work with supply chain partners to respond to various advocacy initiatives and jointly implement the four major green design goals of energy conservation, waste reduction, resilience, and efficiency.
In 2024, research and development investment reached NT$851 million. WT commits to continuously investing in clean technology R&D resources, aiming to increase R&D expenditure to NT$1 billion by 2030. WT focuses on the development and advancement of areas such as green energy, energy storage, and efficiency. Clean technology-related (low-carbon products) revenue reached 14.07% of total revenue, increased 2.64 percentage point compared with previous year. WT is targeting to achieve the goal of 20% clean technology-related revenue contribution by 2030.
WT Group is committed to reducing our greenhouse gas (GHG) emissions and actively supporting the transition to a low-carbon economy. Through systematic reviews of GHG emissions from our operational activities, we develop our decarbonization strategy and set our reduction targets.
Following the merger of WT Group and Future Electronics in 2024, our operational scope and organizational boundaries have significantly expanded. To ensure the accurate representation of our climate change management performance, WT Group has decided to reset our GHG emissions inventory base year to 2025.
Net-Zero Pathway:
WT Group’s decarbonization targets are set with 2025 as the base year. We commit to a 40% reduction in Scope 1 and 2 emissions by 2035, and a 50% reduction in Scope 1 and 2 GHG emissions by 2038. We aim to achieve net-zero emissions by 2050.
Taking the Following Key Actions to Achieve Our Goals:
• Comprehensively enhancing the energy efficiency of our operational facilities.
• Expanding our investments in renewable energy and energy storage technologies.
• Proactively evaluating and procuring green energy and/or renewable energy certificates (RECs).
• Promoting the adoption of electric trucks within our outsourced transportation fleets.
• Continuously collaborating with our supply chain partners to jointly reduce greenhouse gas emissions.
• Partnering with customers and suppliers to co-develop innovative low-carbon solutions for effective GHG emission reduction.
We firmly believe that our decarbonization journey is not only the cornerstone of sustainable corporate growth, but also the key to contributing to a more sustainable future for all stakeholders and the planet.
Note: In WT’s eleven logistics centers, Taiwan and Hong Kong logistics centers are ISO 14001 certified. In addition to annual internal audits, an audit by independent verification parties is conducted every six months to keep the management system certification valid. Future Electronics holds ISO 9001, ISO 14001, and AS9120 certifications that cover the entire company. A single certificate encompasses the logistics centers in the United States, Germany, and Singapore. The ISO 14001 certification covers 55% of the company’s logistics centers (out of 11 logistics centers, 6 have implemented ISO 14001: WT in Taiwan and Hong Kong, Morrihan in Hong Kong, and Future Electronics in the United States, Germany and Singapore).