A clear vision for sustainable change

Management approach

Environmental, Health and Safety Management and Greenhouse Gas Management

As a member of the global community, BenQ has been demonstrating its support for sustainable development and implementing energy conservation and carbon reduction measures for years, and has set sustainable development goals through phased, goal-oriented planning.

2023 targets and results:

*1. Explanation for non-achievement

2024 targets:

With 2020 as the base year, BenQ’s head office in Taiwan will continue to reduce carbon emissions by 1% annually. Compared to 2023, electricity consumption in public areas has reduced by 1% in 2024. Zero occupational accidents and fires throughout the year

Human Rights Management Policy

Social Responsibility

Provide a safe and healthy work environment / Ensure equal employment opportunities / Prohibit discrimination and harassment in any form / Offer fair and reasonable wages and working conditions / Respect the freedom of assembly and association among employees / Forbid child labor and forced labor Pay a fair and full living wage on time / Adhere to the values of integrity and anti-corruption, prohibit of offering bribes / Provide stakeholders with communication channels / Conduct human rights risk assessments and take appropriate measutes to reduce impact

2023 targets and results:

* The case has been handled properly, and we will continue to strengthen the education and training of our employees in the future.

2024 targets:

Zero violations of our guidelines to human rights management. Completion rate of human rights policy education and training courses for all employees in Taiwan (those with indefinite contracts) is 100%.

Management approach

Innovation Strategy and Values

We provide incentives and professional assistance to create quality patents and to encourage innovation. Through diversified development, we encourage industry–academia collaboration, expand R&D capabilities, and cultivate outstanding talent for society. We are customer-oriented, and we address consumer feedback, run innovative technology processes, improve products and services, and resolve consumer pain points. Responding to the needs of society, we continuously improve our products to save energy, reduce carbon emissions, and protect the environment.

2023 targets and results:

* The scope of the KPI is B2B commercial displays; all were calculated based on percentage of revenue.

2024 targets:

>60% of revenue from flat panel displays come from models that have obtained the ENERGY STAR label. >30% of revenue from projectors come from semiconductor light source (laser or LED) projectors. Continued investment in eye-protecting display technology to protect consumer health.

Management approach

Sustainable Supply Chain

BenQ is committed to establishing a long-term collaboration model with suppliers, grow together with them, and establish a complete set of targets and plans according to schedule, all of which will be completed gradually according to the plan for each stage so that we can improve upon our sustainable supply chain.

Short-term plan (1 year)

Suppliers whose CSR documents are due to expire are required to sign the Supplier’s Social Responsibility and Business Ethics Agreement. In 2023, already 30% of our first-tier suppliers signed the Supplier’s Social Responsibility and Business Ethics Agreement; it is expected that all first-tier suppliers will sign by 2024.

Mid-term plan (3 years)

We are planning to have on-site audits of suppliers include items related to social responsibility. We will inquire about local procurement at factories, ask suppliers to provide the amount used to purchase production equipment, and confirm the percentage of local procurement. We will inquire about the ESG goals of first-tier suppliers, and have them work with BenQ on reaching shared goals.

Long-term plan (5 years)

The goal is to complete on-site audits of all partner suppliers. We will require key suppliers to undergo code of conduct audits by a third-party organization certified by the Responsible Business Alliance (RBA).