●ESG
●Sustainability Report
2024
2024 (English)
●Sustainable Development
I.To implement ESG (Environmental, Social, and Governance) principles and promote economic, environmental, and social progress toward sustainable development, the Company has established this Code in reference to the “Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies” for compliance.
II.The risk assessment boundary is based on the Company and its subsidiaries. The company spares no effort in promoting the development of sustainable environment, society, and corporate governance. At the same time, it strengthens the disclosure of sustainable development information and supports employees to participate in environmental and social contribution activities.
III. In promoting sustainable development initiatives, TWSE/TPEx listed companies shall, in its corporate management guidelines and business operations, give due consideration to the rights and interests of stakeholders and, while pursuing sustainable operations and profits, also give due consideration to the environment, society and corporate governance.
IV.The Company's to implement sustainable development initiatives, TWSE/TPEx listed companies are advised to follow the principles below:
- Development of a sustainable environment
- Protection of social welfare
- Enhancement of information disclosure on sustainable development
V.Sustainable Development Code of Practice as follows：
Sustainable Development Code of Practice
Vl.Sustainable Development Architecture and Organization member as follows:
Sustainable Development Architecture
VII.The implementation of the Company's promotion of sustainable development is as follows:
- The Management Department reports to the Board of Directors on a quarterly basis regarding the operation of risk management, labor–management meetings, and internal management matters, and reports annually on corporate governance matters, including the implementation of corporate social responsibility and the operation of ethical management.
- The Sustainability Development Task Force reports quarterly to the Board on the schedule and implementation progress of sustainability promotion plans.
- The Sustainability Development Task Force submits annual matters for Board discussion, including material issues, stakeholder communication, environmental risks, and the sustainability report.
- The Board of Directors continuously reviews and revises the Company’s sustainability management policies, strategies, and objectives.
VIII.The Company's risk management policies are established :：
(1)In accordance with the materiality principle of sustainable development, the Company evaluates material ESG (Environmental, Social, and Governance) issues and establishes corresponding risk management policies and strategies, as described below:
|
Issues |
Risk assessment
item |
Management policies |
|
Environmental Aspects |
．Supply Chain Management |
The Company implements a supplier management system, focusing on the performance of partner companies in areas such as quality, integrity, human rights, and environmental protection. Through contractual terms, we require suppliers to adhere to relevant business integrity principles. The Company regularly reviews the cooperation status of suppliers, utilizing rating systems, audits, site visits, and communication meetings to strengthen mutual cooperation and build a transparent and stable supply chain. |
|
Social Aspects |
．Product Safety |
Through standardized construction processes, material sourcing management, and systematic inspection systems, we continuously enhance product safety and structural quality while advancing toward green building principles. |
|
．Talent Attraction and Retention |
Hua Yu Lien places great emphasis on the continuous development of professional talent and knowledge transfer. We encourage all departments to proactively propose appropriate external training courses based on actual business needs, with the company providing necessary funding support. Employees may also apply for job-related professional development courses, and the company will assess and subsidize expenses based on practical content to support colleagues in enhancing their professional skills. |
|
|
Economic Aspects |
．Service Quality |
Our company adheres to the philosophy of "service over business," dedicated to providing high-quality products and comprehensive customer service. In addition to selecting qualified building materials and implementing strict quality control, we have established clear warranty policies, offering a 15-year warranty for the main structure of the building and a 3-year warranty for fixed building materials and equipment to protect customer rights. To enhance service efficiency and convenience, the company has developed the "Hua Yu Lien Family APP" mobile application, offering real-time online services, and regularly organizes resident activities to deepen interaction and trust with customers. Additionally, regarding the handling of customer personal data, we have established protection mechanisms in accordance with the Personal Data Protection Act. Marketing content adheres to principles of integrity and regulatory compliance, demonstrating our commitment to service quality, customer safety, and trust. |
|
．Business operations and financial performance |
Diversified Land Development Strategy By strategically participating in urban renewal and old building renovation projects, the company complements traditional development pathways, expands land resources and flexibility, and secures future potential sites. This approach not only supports annual development targets but also strengthens long-term performance momentum and diversifies risks. Integrating Green Design Principles Product design will fully integrate energy-saving and carbon-reduction elements, from material selection, energy allocation, to space utilization, all emphasizing minimal environmental impact. The company adopts ESG as the core of its design philosophy, actively promoting green building product lines to create options that balance value and responsibility for the market. Digital Transformation-Driven Marketing In response to the digital transformation of media and consumer behavior, the company is advancing the digitalization of brand marketing, integrating social media platforms, content marketing, and interactive tools, while continuously enhancing brand visibility. Through reputation- and value-driven communication, the company deepens public recognition of its product philosophy and corporate image. |
|
|
Governance |
．Compliance & Ethics |
We review all company operations and processes against the highest standards, monitor the latest legal developments, and adjust our practices accordingly. We are committed to enhancing employees' awareness of legal compliance and performance, safeguarding the company's image, and minimizing the risk of non-compliance. |
2.Risk management operations :
The Company's risk management operations were reported as follows：
|
Responsible Unit |
Date |
|
Audit Committee |
2025/11/04 |
|
Board of Directors |
2025/02/26 |
-
- Operational risks: The Company reviews the operational risks arising from the internal and
external environment from time to time, and responds to them early to reduce risks and losses.
- Interest Rate Risk: Since 2022, the central bank has been continuously raising interest rates, resulting in increased funding cost pressure. Therefore, in September 2023, secured corporate bonds were issued, followed by the issuance of unsecured convertible bonds in August 2024 and March 2025, to reduce funding pressure and mitigate risk.
- Human Resource Risk: Due to the reluctance of younger generations to work on construction sites, resulting in severe labor shortages, the Company has employed foreign workers to maintain a stable workforce supply.
- Operational risks: The Company reviews the operational risks arising from the internal and
external environment from time to time, and responds to them early to reduce risks and losses.
IX.The company to supplier social responsibility as follows :
Supplier Social Responsibility
Supplier Sustainable Development Code of Conduct
X.Supplier management policies and implementation
1.Supplier evaluation: Suppliers of raw materials related to the manufacturing process must pass the ISO quality management system certification.
(1).Goldsun Building Materials Co., Ltd. (concrete material supplier):ISO 9001(quality management system)、ISO 14064-1(greenhouse gas inventory standard)certified.
(2).Golden Friends (GFC, Ltd.) Corp. (elevator supplier):ISO 9001(quality management system)、ISO 14001(environmental management system)certified.
2.Supplier audits: The site director audits the suppliers irregularly on quality audits and occupational safety and health, in order to guarantee the quality of construction projects and protect labor human rights.
3.Environmentally Sustainable development: Suppliers are actively required to be committed to environmentally sustainable development and contribute to the environment in which they operate.
(1).Goldsun Building Materials Co., Ltd. (concrete material supplier): actively engaged in environmentally sustainable development, such as promoting green research and development (including green concrete,ALClightweight bricks, carbon mineralization technology, recycled materials), energy management, greenhouse gas reduction, low-carbon transportation, air pollution prevention,and water resource management.….
(2).Golden Friends (GFC, Ltd.) Corp. (elevator supplier): actively engaged in environmentally sustainable development, such as implementing green operation, green products and services, green procurement, green power production, electricity saving, carbon emission reduction in manufacturing process, energy-saving elevator optimization, purchasing green bonds, encouraging green consumption by employees….
4.Labor human rights and occupational safety and health: The Company actively asks our suppliers to create a friendly workplace environment and value labor human rights and occupational safety and health.
(1)Goldsun Building Materials Co., Ltd. (concrete material supplier): Implement diversified equality and non-discrimination (including gender equality policy), fair remuneration (no pay gap based on gender), maternal health protection program, regular labor-management meetings and two-way communication and negotiation with employees, and employee education and training. At the same time, it has implemented measures to prevent occupational hazards such as the promotion of occupational safety and health, the establishment of the Occupational Safety and Health Committee, the provision of subsidies on employee health checkups, and the implementation of "safe and defensive driving".….
(2). Golden Friends (GFC, Ltd.) Corp. (elevator supplier): Establish the Occupational Safety and Health Committee, formulate safety rules for high-risk operations, and set up an accident notification mechanism.….