Sustainability and Responsibility at the Core of Our Operations #
What is ESG? #
ESG stands for Environmental, Social, and Governance. It is a comprehensive framework used to assess the sustainability and societal impact of a company’s operations.
- Environmental: Focuses on a company’s impact on the natural world, including carbon footprint, energy consumption, and waste management.
- Social: Encompasses a company’s influence on society, such as employee relations, community involvement, and product safety.
- Governance: Relates to management structure, board composition, and executive compensation.
Why is ESG Important? #
The significance of ESG has grown in recent years for several reasons:
- Investor Interest: Investors increasingly seek companies that are sustainable and socially responsible, valuing transparency in environmental and social impact, as well as strong governance.
- Customer Expectations: Customers are more environmentally and socially conscious, preferring products and services that align with their values.
- Regulatory Requirements: Regulatory bodies are mandating greater disclosure of ESG practices.
Zong Yih Rubber Industrial’s ESG Implementation #
Over the past two years, Zong Yih Rubber Industrial has actively embraced ESG principles, implementing measures to reduce environmental impact, enhance social practices, and strengthen governance.
Environmental Initiatives #
- Installation of a rooftop solar system to generate renewable energy, reducing reliance on non-renewable sources.
- Implementation of a rubber waste recycling program to minimize waste and promote a circular economy.
- Adoption of energy-efficient practices, such as LED lighting and optimized manufacturing processes to lower energy consumption.
Social Initiatives #
- Fostering a friendly and inclusive work environment that values diversity and equality among employees.
- Supporting community initiatives, including sponsorship of local events and donations to charitable organizations.
- Enforcing health and safety measures to ensure the well-being of employees and customers.
Governance Initiatives #
- Establishment of a robust governance structure with a clear code of ethics, policies, and procedures.
- Maintenance of a diverse and independent board of directors to oversee activities and ensure accountability and transparency.
- Regular reporting on ESG practices, enabling stakeholders to monitor progress and hold the company accountable.
Practicing ESG Governance: Corporate Responsibility and Employee Care #
In a competitive business landscape, Zong Yih Rubber Industrial upholds a people-oriented philosophy, striving to create a healthy, safe, and vibrant workplace. Employees are regarded as the company’s most valuable asset, and the company places strong emphasis on the ‘G’ (Governance) aspect of ESG within its corporate social responsibility efforts.
Annual Company Trip #
To promote team cohesion and support the physical and mental health of employees, Zong Yih Rubber Industrial organizes a domestic company trip twice a year. These events provide opportunities for relaxation and foster mutual understanding and trust among team members. This year’s spring trip took place at Château De Jourdeness in Chiayi County, offering a delightful experience in a European-style setting.
Regular Health Check-ups #
Recognizing the importance of health, the company arranges comprehensive health check-ups for employees every three years. This proactive approach ensures timely attention to employee well-being and underscores the company’s commitment to corporate social responsibility.
Corporate Social Responsibility #
Through these initiatives, Zong Yih Rubber Industrial aims to cultivate a caring and health-conscious work environment, allowing every employee to feel valued. The company remains dedicated to advancing corporate social responsibility and creating greater value for both employees and society.
