ESG Management Framework

To make the vision of sustainable operations a reality, we have established the “Filipower Sustainability Committee” and defined its responsibilities in 2021 according to the “Sustainable Development Best-Practice Principles” and the “Organizational Regulations of Sustainability Committee”. The purpose of the establishment is to supervise and manage the sustainable development and its implementation in the facets of environment, society and governance. The responsible units fulfill their obligations through cross-functional “vertical integration” and “horizontal work division”. The Committee is a functional committee under the Board of Directors, with the Chairman as the committee chair, and its members include the President and three independent directors. In addition to holding at least two meetings a year, the Committee submits the implementation status of the sustainable development to the Board for review and announces the result to the public. To effectively implement and communicate matters related to sustainable development, we have established a responsible team (ESG Executive Secretary) and five task forces under the Sustainability Committee, namely "Brand and Innovation", "Corporate Governance", “Partner Co-prosperity,” “Labor-Management Common Good and Social Inclusion” and “Environmental Symbiosis.” The Committee reviews the implementation result of the sustainable development annually and plans the goals strategically for the future.