Letter from the Chairman

 

Dear friends who care about Sigurd's sustainable development:

Looking back on 2023, the world continued to face challenges from extreme weather. Climate change will bring severe impacts to our living environment, affect economic activities, living costs, and even overall industrial transformation. In this context, all employees of the Sigurd Group adhere to our philosophy and commitment to sustainable development by demonstrating progress and performance. This allows stakeholders to clearly understand our determination to invest in sustainability. In particular, Sigurd Group seeks breakthroughs in operational resilience, sustainable development, and business through innovative thinking and digital technology. This drives us to steadily advance in sustainable management and address challenges in strides.


In 2023, in pursuit of a low-carbon value chain transformation, Sigurd established the "Carbon Management Team" and "Renewable Energy Team” within the Sustainable Development Committee. This team proactively coordinates planning and implements the path to net-zero emissions. In addition to continued advocacy of energy-saving and carbon-reduction measures, we have also commenced a renewable energy scheme. We began investing in the use green electricity this year, with a target for 30% by 2030 and RE100 by 2050. These concrete actions fulfill Sigurd's commitment to environmental sustainability, aligning with international initiatives.


Looking to the future, Sigurd focuses on its core business and explores ways to extend its influence in sustainability. We are integrating ESG and sustainability spirit into daily operations internally and expanding this to supply partners externally. We work together to formulate sustainability goals and drive sustainable supply chains to create "green value" for customers. Ultimately and with our stakeholders, we aim to implement the sustainable strategy of "Co-prospering in green net-zero, promoting a friendly society, steadfast in integrity and governance, and co-creating sustainable operations".

 

chairman

 

Chairman & CEO Sidney Huang

 

 

 

general manager

 

Vice Chairman & President & COO Charles Yeh

Letter from the President and Sustainable Committee Chairperson

 

The Global Risks Report 2024 from the World Economic Forum that the world is severely affected by two major crises: climate change and geopolitical conflicts. The world is facing four systemic and structures shifts: geopolitics, demographics, technology, and climate change. As a result, global political and economic situations are rapidly changing. Factors such as extreme weather, environmental degradation, and persistent high temperatures are indirectly intensify the impact on global supply chains and urge countries and organizations to accelerate transformation. This highlights the pressing need for global action on sustainability issues.


Looking back on 2023, I am very grateful to every member of Sigurd. They not only enthusiastically participated in sustainability work, but also elevated sustainable development to an indispensable part of daily operations and corporate management. From board supervision to procurement evaluation for energy saving and carbon reduction, to confidently explaining to customers the company's sustainable development policies, goals, and action plans, we ensure that environmental protection, social responsibility, and corporate governance can develop in a balanced and positive way.

Meanwhile, the Sigurd Group strives to create a green brand. In addition to deployment of net-zero emission action plans, we took another major step in 2023 by starting to use renewable energy in Sigurd's products and services. We are as determined as ever to move towards RE100 by 2050 and become an important partner in enhancing the green competitiveness of Taiwan's semiconductor industry.


Sigurd demonstrates concern for and emphasis on human rights. The issues of low birth rates and changing employment trends will be the challenges facing the semiconductor industry. To address these issues, we have adopted two main approaches: “caring for the disadvantaged” and “diversity and empowerment" by empowering the disadvantaged, disseminating semiconductor knowledge, and narrowing the gap between school learning and career paths. We organize workshops on knowledge about semiconductors and career planning and we help the disadvantaged groups to become part of the industry talent. In terms of talent recognition and retention, we are proactively creating a healthy and friendly work environment; deepening a diverse, fair, and inclusive workplace culture; widely incorporating employee opinions to inspire creativity together. In addition, we work together to improve company systems and measures and continue to enhance employee care and benefits.


In the future, the company will continue to establish a sustainable framework for constant improvement, always up to date with international trends, laws and regulations, international standards, and best practices, to achieve continuous innovation, breakthrough, and sustainability. We believe that on the road of sustainable development, we will definitely see Sigurd's efforts and results, advancing towards our vision for sustainability.

Promoting ESG Sustainable Development for Future

Sigurd Corporation continues to provide the best package and test solutions for customers, ensuring quality and customer satisfaction.

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