Message from President

At BenQ Materials, our ESG framework is anchored on six pillars, namely green manufacturing, partnerships, responsible products, responsible governance, social care, and a friendly workplace.

The COP26 summit of 2021 in the UK brought together countries from around the world to accelerate action on climate change. The impact of climate change on our planet is important not only at a country level but also for the sustainable operations of individual corporations. Echoing global initiatives, the government of Taiwan has set a goal of zero carbon emissions by 2050. BenQ Materials is aligned with this long-term goal. In the medium term, we are aiming at a 30% reduction in carbon emissions by 2030 compared to 2020.

In recent years, we have ramped up our investment in energy-saving equipment and processes while making tremendous product design improvements as we work toward the greater reduction of carbon emissions. We have also deployed the use of solar power generation at our factories and accelerated the purchase of green power to effectively reduce carbon emissions from operational processes. As a leader in environmental stewardship, we have truly implemented green manufacturing.

Another pillar of our environmental initiatives is to achieve zero waste. This means reducing the waste generated during production, utilizing resources efficiently to yield the greatest returns, and engaging in a circular economy with local stakeholders. By working with local associations and organizations, we collaborate with participants in other industries to identify feasible technologies and opportunities that are expected to generate economic benefits and achieve true circularity in the economy.

For society, we continue to push forward with outreach programs to disadvantaged sectors of the population, especially in remote areas. Beyond making donations and purchasing local produce, we are also advancing science education like hosting Science Camp events to inspire children's imagination and passion for science. For governance, our steadfast commitment to strong ethics and transparency underscores the trust that shareholders and other stakeholders, such as financial institutions, place in us as a responsible corporate citizen.

To all our stakeholders, including suppliers and business partners, and to our employees for their meaningful contributions, my sincere thanks and appreciation for moving forward this enterprise of realizing sustainable values. I am confident that our joint efforts will continue to elevate our business from strength to strength as we fulfill our purposeto all who place their trust in us.

Ray Liu

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