Full marks were given for the implementation of the five dimensions"Smart promoter of a sustainable planet"The vision is affirmed.
Advantech, a global industrial IoT manufacturer, made the list for the first time this year"Dow Jones Sustainability Indices World (DJSI World).", ranked in the top 10% of companies with the highest industry sustainability scores. In addition, the overall performance in the S&P Global Corporate Sustainability Assessment is also quite impressive, and the overall score is not only ranked fourth in the THQ Computers & Peripherals and Office Electronics industry, but also the highest score in the industry in the governance and economic dimensions. The social dimension is second;In 25 selection dimensions,:"Tax policy"、"Innovation management"、"Resource efficiency and circularity"、"Waste management"、"Privacy Protection"The full score was obtained in the five dimensions, which shows that Advantech will integrate corporate operations with sustainable development goals and work with **chain partners"Smart promoter of a sustainable planet"The vision has been affirmed and it has become one of the leading international sustainable development enterprises.
Chen Qingxi, general manager of Advantech's integrated operation and management, said that Advantech has formulated in recent years"A smart enabler for a sustainable planet"As part of its ESG development vision, in order to accelerate the zero-carbon transition of global energy, it officially became a member of RE100 in June this year, and has achieved the two goals of using 100% renewable energy in its global operations by 2040 and achieving net zero by 2050 through the Corporate Sustainability Committee. At the same time, it also actively combines the company's core industries to develop various sustainable and intelligent solutions, including smart energy, smart healthcare, smart factories, smart transportation, etc., and co-creates cooperation with industry chain ecosystem partners. In 2022, the proportion of revenue from sustainable products will also exceed 18%, in order to truly implement the core competencies of the enterprise and combine the sustainable development goals to balance the development of ESG in three aspects.
In terms of corporate governance, Advantech established a Sustainability Development Committee at the board level to oversee the overall ESG development strategy, link high-level compensation with ESG performance, deepen the sustainability mindset into daily business promotion, and enhance the competitiveness of sustainable management"Corporate Governance Evaluation"Top 5% of listed companies. In the future, Advantech will continue to work from"Green operations"、"The Internet of Things is popularized and mutually beneficial"、"Employees and society for the common good"Starting from the three main axes of sustainability, we will continue to make breakthroughs and pursue excellence through planned, systematic and disciplined actions, so as to build a benchmark enterprise with operational resilience.
In terms of the environment, Advantech initiated an internal carbon pricing introduction study this year and obtained its first product carbon footprint certification (ISO 14067) in the fourth quarter. In the face of emerging issues of biodiversity, Advantech leveraged its AIOT advantages to combine future business opportunities in biodiversity development, take stock of the Group's biodiversity risk assessment, and incorporate employee volunteer participation, coastal forest restoration, and wetland adoption into its practical work of ecological protection. In terms of green products and sustainable responsibility, green packaging materials have been introduced to reduce carbon emissionsIn view of the governance of the first business, we will expand the promotion of green and low-carbon ** chain and implement the key business improvement plan, and work together with ** chain to establish the same standards in ESG work, consolidate sustainable and stable partnerships, and move towards a sustainable ** chain.
In the social dimension, Advantech uses its own industrial IoT industry resources and advantages to work with industry, academia and research institutes to:"Convergence of learning and application, open innovation, and universal education"Push"Industry-academia co-creation value chain"It achieves the Xi and innovation of the Internet of Things (IoT), assists students in connecting with the workplace, and provides the most lacking market verification opportunities for start-up teams, demonstrating Advantech's strong support for youth employment and entrepreneurship. Yanhua Culture and Education Association also continues to promote the social exhibition of intelligent happiness with the three main axes of sustainable education, IoT innovation and humanistic literacy. At the same time, this year, we released the strategic blueprint, process and phased goals of DEI (Diversity, Equity, Inclusion) in the diverse and inclusive workplace, launched the digital transformation plan of talent information, and carried out diversified recruitment channels and talent cultivation projects to achieve this"People-oriented"of happy workplaces.
Advantech's ESG performance has been highly recognized at home and abroad, not only as a constituent stock of the Dow Jones Index (DJSI) World Index, but also in the Commonwealth Corporate Citizenship Award and Vision ESG Awards this year. Looking forward to 2024, Advantech will continue to play the role of a smart promoter of a sustainable planet, implement local and international standards, and expand the spirit and practice of sustainability to Advantech globally.
Advantech was founded in 1983 to:"The enabler of a smart planet"As a corporate brand vision, it has been focusing on the three major markets of industrial Internet of Things, embedded Internet of Things, and smart city. To embrace the megatrends of IoT, big data, and artificial intelligence, Advantech proposes IoT software and hardware solutions with edge intelligence and Advantech's industrial cloud platform as the core to help customers connect with the industry chain. Advantech's operations are located in 28 countries around the world, with nearly 8,560 employees, and a strong technical service and marketing network to provide customers with convenient services with localized responses. In addition, Advantech is actively working with partners to create an industrial ecosystem and accelerate the realization of the goal of industrial intelligence.
The Dow Jones Sustainability Index (DJSI) is a corporate sustainability investment evaluation index jointly launched by S&P Dow Jones Indices and Robecosam in 1999 Assessment, or CSA), evaluates the sustainable development performance and capabilities of enterprises in three aspects: economic, social and environmental (ESG). Every year, the unit invites thousands of companies from all over the world to conduct evaluations, and the top 10% of companies in each industry can be selected as constituent stocks of the world index.
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