United Renewable Energy Co., Ltd.TWSE: 3576

2023 ESG report

· MarketScreener

2023

ESG report

Contents

1 About this Report………………………………………………………………………………………….…………………………………………3

2 Message from the Management………………………………………………………………..…………………………………….14

3 Stakeholder Management…………………………………………………………………………………………………………………..18

3. 1

Stakeholder identification and engagement

19

3. 2

Material Topic Analysis and Response

22

3. 3 Sustainability development goals (SGDs) corresponding to Material Topics

27

4 Corporate Governance

30

4. 1

Company Profile

34

4.1.1 Milestone

34

4.1.2 Organizational Structure

35

4.1.3 Corporate Vision

36

4.1.4 Honors and Awards

40

4.2

URECO Company Overview

41

4.2.1 Governance Organization and Responsibilities/ operation of BOD

41

4.2.2 Operational Performance

50

4.2.3 Integrity & Risk Management

52

5 Employee and Social involvement

62

5. 1

Friendly Workplace

66

5.1.1 Overall remuneration planning and comprehensive benefit design

66

5.1.2 Building a friendly workplace and encouraging employees to find work-life balance

70

5.1.3 Human Resources

71

5.1.4 I have something to say and a sound channel of communication between employers and employees

...............................................................................................................................................................................................

75

5.1.5 Encourage employee self-development to enhance professional depth and range through diverse

learning platforms

77

5. 2

Safe Workplace

79

5.2.1 ESH Management Indicators

79

5.2.2 Occupational Safety and Health Committee of each plant…………………………....................................................80

5.2.3 Emergency Response and Safety and Health Education Training………………...................................................81

5.2.4 Contractors Management……..……………………………………………………………………..........................................................82

5.2.5 Accident Prevention and Management……………………………………………………...........................................................83

5.2.6 Disabling injury statistics analysis…………………………………………………….....................................................…………....84

5.2.7 Safe Workplace Promotion…………………………………………………………………………..........................................................85

5. 3

Healthy Workplace Management

87

1

Contents

5.3.1 Occupational Care…………………………………….........................................................…………………………………………………..87

  1. Employee health hazard risk identification and management….……………….................................................…..89
  2. Health Promotion…...........................................................………………………………………………………………………………….....91

5. 4

Social involvement

93

5.4.1 People Care…...........................................................…………………………………………………………………………………...............93

6 Partner Relationship.............................................................................................................................................................96

6. 1

Supply Chain Management

97

6.1.1 Supply Chain Integration

97

6.1.2 Supplier Relationship Management

99

6.1.3 Supplier Selection Mechanism

99

6.1.4 Green Supply Chain

101

6.1.5 Supply Quality Management

102

6. 2

Customers and Services

104

6.2.1 Marketing Communication

104

6.2.2 Service Quality

106

7 Green Energy, Energy Saving and Environmental Protection

108

....................................................................

7. 1

Environmental Sustainability Practices

112

7. 2

Green Energy Products

113

7. 3

Energy, Resource Management and Recycling

129

7.3.1 Energy Management

129

7.3.2 Water Resources Management

130

7. 4

Pollution prevention and control

132

7.4.1 Air pollution prevention and control

132

7.4.2 Water Pollution Prevention and Control

136

7.4.3 Waste Managemen

138

7. 5

Greenhouse Gas Management

141

7.5.1 Greenhouse Gas Inventory

141

7.5.2 Climate Change Governance

142

8 Appendix

146

..................................................................................................................................................................................

Appendix 1. GRI Content Index

147

Appendix 2. tement of Independent Third Party Audit Opinion

152

Appendix 3. Sustainability Accounting Standards (SASB)

154

Appendix 4. Sustainable Disclosure Indicators for the Photovoltaic Industry

157

Appendix 5. Climate-Related Information of TWSE/TPExListed Company

158

Report

3

The scope and boundaries revealed in the report GRI 2-2,2-4,2-5

This report covers United Renewable Energy Co., Ltd. (URECO) (A company from Taiwan where the sun shines.) manufacturing sites in Taiwan (including Hsinchu Science Park plant, Hsinchu plant, Zhunan plant and Tainan plant). The financial data is audited by KPMG in accordance with IFRS and is consistent with the publicly disclosed financial data, which not only reveals the individual financial performance but also the consolidated performance of the group (including consolidated revenue, revenue by region and cost by region), and is calculated in NTD; the environmental and social data reveals the performance of the Taiwan sites, which is compiled by each internal department and confirmed by the supervisor, and are presented in the form of international common indicators. If the data disclosed in this report involves estimation, it will be stated in the relevant chapter. No information has been restated in this report.

In addition, in order to enhance the accuracy and credibility of the data disclosed in this report, URECO was certified by Great International Certification Co., Ltd., an independent third-party organization, in accordance with AA1000 AS v3 verification standards, and passed the Type 1 medium assurance level.

Standards and verification of the report

The structure of this report is based on the Global Reporting Initiative (GRI) Sustainability Reporting Standards 2021 Edition (GRI Standards: 2021), the Sustainability Accounting Standard Board (SASB), Appendix 10 of the "Operational Guidelines for Compiling and Filing Sustainability Reports for Listed Companies", the Sustainability Disclosure Indicators for the Photovoltaic Industry, and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), In addition, the GRI content index, SASB comparison table, the Sustainability Disclosure Indicators for the Photovoltaic Industry, and climate related information table for listed companies are provided in the appendix of this report for stakeholders' reference.

Report Management Method

First, URECO identifies key stakeholders based on their dependency and influence, and selects sustainability topics that are closely related to the company by referring to the GRI Sustainability Reporting Guidelines 2021 Edition, industry development trends, and relevant issues in industry reports. Then, through cross-analysis of two types of questionnaires, " Evaluation of Impact on Stakeholders" and "Significant Impact on Economic, Environmental, and Human Rights", the major sustainability topics for this year are selected, and each responsible department then

4

Information Verification Methods

ISO 9001:2015

ISO 9001:2015

1.

About this Report

ISO 14064-1:2018

ISO 14064-1:2018

5

ISO 14064-1:2018

ISO 14064-1:2018

ISO 14064-1:2018

ISO 14064-1:2018

6

ISO 14001:2015

1.

About this Report

7

ISO 45001:2018

8

TOSHMS

1.

About this Report

Note 1: The Hsinchu Science Park Plant, Zhunan Plant, and Tainan Plant are certified under ISO9001, ISO14001, ISO45001, and TOSHMS.

Note 2: The Taipei, Kaohsiung Office, Hsinchu Science Park Plant, Zhunan Plant, and Tainan Plant are certified under ISO14064.

Publication Time and Period GRI 2-3

Reporting period: January 1, 2023 to December 31, 2023. For completeness of information disclosure, some projects that span over different years will be stated separately in the report.

Reporting Period: Annually.

Date of previous report: June 2023.

Date of current report: August 2024.

Date of next report: August 2025.

Contact Information GRI 2-3

If there is any suggestion or query regarding this report, you are most welcome to contact us. Contact information is as below:

United Renewable Energy Co., Ltd. Headquarter Address No. 7, Lixing 3rd Road, Science Industrial Park, 30078 Hsinchu City

ESG Contact Person and Phone Number: Planning and

Investment Division: +886-2-2656-2000#58183

E-mail : ESG@urecorp.com

Company Website : https://www.urecorp.com Company Website /Sustainable Development

GREEN

FRIENDLY

9

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