Corporate Sustainability

Business Performance in 2023

In 2023, post-pandemic consumer behavior experienced profound shifts. There was a marked increase in travel, dining out, and entertainment expenditures, while the stay-at-home economy saw a rapid decline. This transition resulted in decreased sales of consumer electronics and higher inventory levels. Additionally, persistent global inflationary pressures led central banks worldwide to tighten monetary policies, weakening economic activities. As a result, demand for semiconductors diminished, with Gartner reporting an 11% contraction in the global semiconductor market.

Affected by unfavorable external factors, SPIL's revenue amounted to NT$113.17 billion, a year-on-year decline of 13.5%.

Sustainable Management Organization

To implement sustainable management, we have established the SPIL Sustainability Committee, which is chaired by the Chairperson and formed by senior managers from different units, including important operating and administrative units related to customer service, R&D, engineering, quality assurance, business planning, plant affairs, supplies, human resources, environmental safety & health, public relations, internal control, marketing, and finance. The committee plans and reviews the implementation of sustainability-related activities every quarter.

Corporate Social Responsibility policy

SPIL continued to promote the realization of corporate sustainability and to create enterprise's existence value. SPIL integrated ESG into its corporate business management. The goals of the sustainable development include 5 perspectives: business integrity, corporate governance, concern for employee, green enterprise and social participation. SPIL based on PDCA method to do continually improvement to achieve corporate sustainability.

SPIL introduced RBA (Responsible Business Alliance) to be the standard for internal management. To ensure the working conditions are safe, workers are treated with respect and dignity, and the manufacturing processes are environmentally responsible and ethical. Follows are the major principles of our ESG policy：
1. Business integrity and stability：Fully comply with applicable legal rules to realization corporate governance. All colleagues need to implement the behavior criteria of integrity.
2. Promote customer satisfaction：Pay full attention to customer needs and reply immediately. SPIL makes ceaseless effort in upgrading its service quality and competitiveness to the eventual goal of customer satisfaction.
3. Supply and demand for a win-win situation：SPIL treats its vendors as business partners and keeps long-term business cooperation relations to establish sustainable supply chain and enhance industry value.
4. Ensure employee interests：Promote employment and freedom of association, child labor avoidance, working hours, wage and benefit in full compliance with the local laws, prohibit any discrimination and inhumane treatment.
5. Health and safety：Provide a safe and healthy work environment and training to avoid the incidence of work-related injury and illness.
6. Sustainable environment：Encourage conserve resources and minimize wastes, increase the usage rate of equipments and raw materials, reduce the operating and activity’s adverse effects and meets the non-harmful substances trends.
7. Social charity：Participated in society’s activities, community involvement and concern social vulnerable groups, and sponsorship of Arts. Exert the power of local operation to feedback to the community and promote social harmony.

Financials

• Monthly Sales
• Financial Reports