2024 Results
Functional team Results of 2024
Corporate Governance and Ethical Corporate Management
  • Continued to promote listed subsidiaries to adopt information security targets.
  • Continued to promote suppliers to sign the "Supplier Code of Conduct."
  • Link ESG annual targets with the managers' performance evaluation and compensation.
  • 0 major violations of the law.
  • Continued to promote employees who are associated with the Trade Secret Registration System to sign the commitment; new employees receive training on trade secrets and the promotion of intellectual property protection when they report for duty with the signing coverage rate reaching 100%.
  • Maintain zero major information security incidents.
Sustainable Environment Development
  • Continued to take air pollution reduction measures.
  • Continued to use reclaimed water from Fengshan Creek (including incremental alternative sources of reclaimed water for the Hefa Industrial Park) and Linhai Reclaimed Water Plant.
  • Develop power saving technology for coproduction between steel and petrochemical plants with power saving reach 10%.
  • The recycling ratio is over 90%, and zero solidification landfill.
  • Continued to establish renewable energy sources in coordination with the government's green energy policy, and use renewable energy according to requirements on major electricity users.
Employee Care and Social Engagement
  • Arrange psychological adaptation seminars.
  • Collaborated with Kaohsiung Municipal Social Education Center, United Daily News, and Teacher Chang Foundation to organize 7 lectures; promoted the preservation of shadow puppetry and string music with Kaohsiung Nanan Elementary School and conducted parent-child activities; cooperated with the Kaohsiung Children's Museum of Art to hold a series of Children's Day activities.
  • Care about low-income families in Hsiao Kang, support education in rural areas, and engage in educational events on steel and environmental protection.
  • Participate in overall community construction, the greening of major community parks and main roads, and the water environment patrol team.
  • The employee clinic held health care activities, including 6 health care lectures and 2 technology fitness tests.
  • Organize occupational safety related training courses and promotional meetings, including inviting staff members from the Labor Standards Inspection Office to conduct occupational safety and health management practices and disaster prevention seminars.
Risk Management
  • Establish and maintain an effective risk management framework according to the Company's risk management policies and procedures, ensure the integrity of risk management operations and implement checks and balances.
  • Establish risk identification, measurement, monitoring and control mechanisms, and periodically assessed risks associated with the Company's operations, financial position, information security, environment, and compliance.
  • Conduct risk communication and consultation with internal and external stakeholders through communication channels to ensure effective operation of risk management.
  • Results of 2024：
    1. According to the assessment results, the projects with high or higher risks were major occupational disasters. Personnel from the relevant departments is responsible for drawing up and implementing subsequent risk management strategies and related execution plans.
    2. As the application of artificial intelligence (AI) technology has increased day by day, stakeholders' concerns have extended from climate anomalies to biodiversity loss, and the increase in construction material and labor costs led to rising construction costs, three additional risk assessment items have been added.
    3. As risks derived from the rapid changes in the global economy, society, and environment are diverse and complex, the Risk Management Team has collected relevant emerging risk information from internal and external sources and identified eight emerging risk issues. The managerial level selected the top three emerging risks that the company should prioritize are "the discrepancies in carbon border tax levies discrepancy leading to customers turning to imported steel products", "demand slowdown or disappears due to geopolitics", and "customer demand is shifting towards low-carbon products" . The relevant risk mitigation/response measures have been developed by the relevant departments.
    4. To construct the risk management culture and enhance risk management awareness, the Company's Risk Appetite Statement was formulated by considering benchmark enterprise examples and following internal regulations.
Task Force on Energy Saving & Carbon Reduction and Carbon Neutrality
  • Continue to operate the "Carbon Management Advisory Corps", which guided 20 customers in 2024, and collaborate with customers to achieve the low-carbon transformation of the industry chain.
  • Strengthen GHG target management, promoted the two management targets of "total GHG emissions target" and "carbon emission intensity target" in 2024, and conduct regular monitoring and review to effectively enhance the company's internal carbon management mechanism.
  • Established reward rules for GHG reduction to actively encourage all employees to engage in carbon reduction efforts.
  • Implemented 139 carbon reduction action plans from January to November in 2024, which reduced carbon emissions by around 74 thousand tons CO2e/year.
Task Force on Digital Transformation
  • Promote various tasks of digital transformation of CSC based on the develop strategies of dual cores and three transformations.
  • Promote the intelligent ERP system and the high-level decision-making information APP to improve decision-making and production and sales efficiency.
  • Improved "Steel Market Trend Predict System" to assist in pricing decisions.
  • Developed digital innovation technologies such as remote human-machine collaboration, digital twins, hybrid cloud, and generative AI to improve experience inheritance and work efficiency.
  • Promote AI-related training and digital transformation lectures, and offer digital transformation courses to boost employee digital empowerment training coverage.
  • Completed the smart production lines, smart energy resources, and smart scheduling solutions planned for 2024, reducing cost by around 128 million TWD per year.
  • The "Smart Temperature Control System for Reheating Furnaces" project won the "First Prize for Smart Manufacturing Upgrade Transformation" and "ESG Special Award" of the 2024 Ding-Ge Digital Transformation Award, which saves around 154 million TWD in fuel costs and 31 thousand tons of carbon emissions annually.