Accton has once again been listed on the ‘FTSE4Good TIP Taiwan ESG Index,’ demonstrating outstanding sustainable results

ESG Spotlight / Governance 👨‍🏫 / ESG office / February 23th, 2024

In 2023, Accton has once again been listed on the ‘FTSE4Good TIP Taiwan ESG Index,’ representing our superior management practices in ESG aspects and further enhancing investor confidence in us.

The FTSE4Good TIP Taiwan ESG Index consists of components jointly compiled by the Taiwan Index Company and the international index company FTSE Russell. It is the first comprehensive investment index in the country that integrates E (Environmental), S (Social), G (Governance), and financial indicators for screening. It highlights the performance of selected component companies in implementing ESG sustainable development practices. The Taiwan Sustainability Index has been officially adopted as the outsourcing benchmark by the Labor Pension Fund, with an amount of 42 billion New Taiwan Dollars. Simultaneously, it has been officially authorized for domestic funds and ETF leader Yuanta Securities Investment Trust Co., Ltd. to plan the issuance of index financial products, providing a channel for the general public and institutional investors to participate in sustainable responsible investment.

Accton established a cross-department ESG Committee in 2016 and began disclosing non-financial information in 2017. The company releases an annual ESG Report to address stakeholders’ concerns and expectations regarding sustainability issues.

In 2020, the CSR Committee was renamed the “ESG Committee,” tasked with formulating corporate sustainability policies and development directions. In 2021, to further implement sustainability tasks, goals were set for each committee and an ESG Office was established to monitor the execution of relevant tasks and goals. An annual report about sustainability development achievements and work plans is presented to the board of directors at least once a year to fulfill corporate sustainability development policies and commitments.

Accton continuously advances ESG-related actions and goals concerning crucial sustainability issues. In 2023, significant achievements were attained, such as collaborating with ten supply chain partners to promote a Net-Zero carbon emissions initiative, receiving the SGS ESG Awards for talent development, being listed in TIME magazine’s 2023 Best Companies, and establishing a Risk Management Office. These accomplishments demonstrate Accton Technology’s unwavering efforts in various aspects of the environment, society, and the economy.

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for a positive impact on the environment and society, prospering with stakeholders towards a sustainable future.

Key Achievements in 2023 are as follows:

Key Achievements in 2023 are as follows:

Theme Our Practices
Governance
  • Achieved ISO 22301 Business Continuity Management System Certification
  • Established a Risk Management Office
  • Corporate Governance Evaluation 21%-35%
Environmental
  • Received the Ministry of Economic Affairs ‘Subsidy for Carbon Reduction and Smart Transformation in Enterprises Assisting Small and Medium-sized Companies and established Accton Sustainability Academy. Collaborating with 10 supply chain partners to reduce carbon emissions for 2050 net-zero target
  • Accton Zhunan Received the “Green Procurement Excellence Award” Outstanding Award and “Outstanding Achievement Award in Green Procurement by Civil Enterprises and Organizations in Miaoli Country.”
Social
  • Received Talent Development Award from SGS 2023 ESG Awards
  • Received Outstanding Workplace Nutrition and Health Award from the National Health Administration
  • Accton Art Foundation Received the Arts & Business Award from the Ministry of Culture
Economic
  • Being listed on the FTSE TWSE Taiwan 50 Index
  • Being listed on the TIP Taiwan TPEx ESG Index
  • Being listed on TIME magazine’s 2023 Best Companies
  • Vietnam Accton Great Opening and start of mass production
  • Accton AI Park Beam Raising
  • Launched 800G Switch to meet the market demand for AI/ML

 

For more detailed information about Accton’s process of ESG, please refer to the Accton Group’s 2022 Corporate Sustainability Report.

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