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Dear Stakeholders,    

In 2024, the world entered a new stage full of changes and challenges. Elections in several major countries led to government transitions, causing global instability. Simultaneously, the accelerating development of AI technology not only fueled a surge in demand for AI servers but also posed a significant challenge to global power supply. Despite this, it created new opportunities for MiTAC’s revenue growth. In July 2024, the world experienced the hottest day on record, which also signified that Earth could not avoid the challenge of a 1.5°C temperature increase. The United Nations has also urged businesses to begin preparing adaptation plans for a temperature increase of 2°C or above.

 

As a company dedicated to sustainable operations, MiTAC consistently adheres to steady development and flexibly adapts to market changes. Through our Sustainability Report, we demonstrate our sustainable culture and achievements in climate change, human rights, social well-being, and corporate governance to respond to the growing global focus on these issues.

Reporting Period and Cycle

In terms of adapting to climate change, in 2024, we continued to implement multiple emission reduction actions based on the Group's carbon reduction plan. Solar photovoltaic equipment has been installed in three plants, and a renewable energy procurement plan has been launched, bringing the proportion of renewable energy usage to 17.8%, thus achieving the 10% target a year ahead of schedule. We also implemented the ISO 50001 energy management system at our plants in Mainland China, to improve energy usage efficiency and take a crucial step toward achieving net-zero emissions by 2050. Simultaneously, we continued to collaborate with the Tse-Xin Organic Agriculture Foundation to support tree planting and forest restoration actions at the National Taiwan University Highland Experimental Farm, with 23,081 trees planted to date.

 

In terms of human rights protection, in 2024, we formulated a comprehensive human rights policy, covering employees, value chain partners, suppliers, and clients, to be committed to principles of non-discrimination and respect for human rights. Our three plants have obtained RBA VAP certification, and we also encourage partners and suppliers to participate in RBA VAP certification. By the end of 2024, 26 (42%) key suppliers had passed RBA VAP certification. The MiTAC Group highly values employee physical and mental health and well-being, and we strives to create a healthy and safe work environment. We have received AED Safe Workplace certification from the Taoyuan City Department of Public Health, “Taiwan i Sports” certification from the Sports Administration, Ministry of Education, and the Badge of Accredited Healthy Workplace from the Ministry of Health and Welfare.

 

In terms of corporate governance, we continuously strengthen our governance structure to enhance corporate resilience. We also enhance product responsibility capabilities and optimize value chain risk management. In 2024, we obtained ISO/SAE 21434 automotive cybersecurity certification, to enhance the cybersecurity capabilities of our products. Regarding corporate information security management, in 2024, we successfully completed the transition to ISO27001:2022 and passed certification, to fully safeguard the Company's and clients' information assets and data. We also completed information security surveys and audits for 100 suppliers.

 

Looking ahead, MiTAC Holdings will continue to prioritize sustainable development, striving to become one of the world's leading sustainable enterprises. We are deeply aware that it requires continuous innovation and flexible adaptation to address future challenges. Facing these challenges, we will be even more proactive in improving sustainability-related policies and continuously take relevant actions to promote environmental protection, social responsibility, and excellent governance, while working hand-in-hand with all stakeholders. The MiTAC Group believes that through continuous efforts, we will achieve a greener, more inclusive, and more prosperous world.

 

Chairman: Matthew Miau   President: Billy Ho  

 

Links between MiTAC and SDGs

MiTAC has identified seven sustainable development goals of the greatest relevance in accordance with the “Business Reporting on the SDGs” published by the UN and GRI. In relation to the public welfare strategy, we prioritizes the sustainable development goals of “SDG 3. Good Health and Well-being," "SDG 4. Quality Education," "SDG 8. Decent Work and Economic Growth," "SDG 11. Sustainable Cities and Communities," "SDG 12. Responsible Consumption and Production,""SDG 13. Climate Action" and "SDG 16. Peace, Justice and Strong Institutions."

 

SDGs link