Sustainable Development

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Sustainability Report

Sustainable Development Policy

Neousys Technology has always upheld a spirit of innovation and continual improvement, dedicating itself to developing rugged edge computing devices that closely align with market demands, which are provided to advanced application integrators worldwide, enabling SMART applications and contributing to the progress of human civilization through technology. As a corporate citizen, Neousys Technology not only focuses on contributing through its professional field but is also committed to leveraging corporate resources to fulfill diverse corporate social responsibilities and collaborate globally to promote sustainable development. To facilitate sustainable development, Neousys-Technology adheres to its established Sustainable Development Best Practice Principles, pledging active development in Environmental Protection (E), Social Responsibility (S), and Corporate Governance (G). Furthermore, to concretely implement corporate sustainable development policies, we have further defined the following four development areas, hoping to fulfill our commitment to sustainable development through these scopes:

Corporate Governance

• Strictly adhering to the Corporate Governance Best Practice Principles
• Strengthening the function of the Board of Directors
• Safeguarding the rights and interests of shareholders and stakeholders
• Enhancing information transparency
• Facilitating ethical corporate management

Business Operation

• Promoting the development of innovation and intelligence
• Enhancing digital capabilities of business operation
• Establishing a corporate risk management policy
• Optimizing the supplier management policy
• Promoting the corporate paperless policy
• Promoting green manufacturing
• Four development areas of Neousys

Social Responsibility

• Establishing an explicit human rights policy
• Establishing occupational HSE measurements in compliance with regulations
• Creating a diverse and equal working environment
• Providing comprehensive training courses
• Building up channels for regular employee communications
• Organizing regular charitable activities

Environment Protection

• Establishing an environmental protection policy
• Tracking corporate electricity usage and carbon emissions regularly
• Implementing energy-saving and carbon-reduction measurements
• Organizing environmental protection activities regularly

Sustainable Development Committee

In accordance with the Sustainable Development Best Practice Principles, the Company has established the internal Sustainable Development Committee. The committee is tasked with planning, implementing, and overseeing the Company's sustainable development processes. Comprising five or more members, including senior managers and department heads, the committee is chaired by the President. The detailed responsibilities of the committee are outlined below:

• Stipulating the company's sustainable development direction and goals, devising relevant management policies and specific implementation plans.
• Promoting and materializing initiatives related to the company's sustainable development direction and goals.
• Monitoring, reviewing, and revising the execution and effectiveness of the company's sustainable development.
• Other matters assigned to this committee by the Board of Directors for implementation.

The 2024 Sustainability Committee and Board Meeting Schedule

Environment Protection

To effectively protect the environment, Neousys Technology has formulated the Company's environmental conservation policy with a primary focus on implementing the goal of "Energy-Saving and Emission-Reduction." We actively adopt various measures and participate in initiatives to minimize the adverse environmental impact of our operations. Our commitment extends beyond internal environments to encompass a concern for the broader societal context. Simultaneously, we are dedicated to enhancing environmental education and advocacy among our employees, gradually increasing their awareness and understanding of environmental issues.

Internal Environmental Improvement at the Company

The company actively encourages environmentally friendly concepts and fully implements emission reduction measures, including:

• Adjusting workplace temperatures based on weather conditions;
• Turning off unnecessary power during lunch breaks;
• Dimming screen brightness and setting screens to sleep when devices are unattended for longer periods.
• Establishing standard procedures for leaving the office, including turning off lights and air conditioning. Reinforcement of awareness and on-site checks are intensified before holidays.

The table below shows the electricity and carbon emissions of our company's offices and plants in Taiwan over the past two years. Our electricity and carbon emissions have increased slightly over the past two years due to business expansion and the addition of new offices. While the upward trend is not significant, we will continue to implement carbon reduction measures and raise awareness in the hope of reducing energy consumption and environmental impact in the future.

*Note:
1. Since June 2023, our Taipei headquarters leased 3 new office units, increasing the total area by 15.8%, resulting in a 9.9% increase in electricity usage in 2023 compared to 2022.
2. In 2022, the number of employees in Taiwan was approximately 148, with an average greenhouse gas emission of about 2.0217 tons per year per employee. In 2023, the number of employees was approximately 164, with an average greenhouse gas emission of about 2.0064 tons per year per employee.
3. The water usage and total waste weight are calculated for the entire office building. Specific data for our company will be disclosed once available.

Environmental Improvement in the Surrounding Area

To promote environmental awareness, we understand that our environmental responsibility extends beyond the Company’s internal operations, as focusing on the protection and enhancement of the surrounding environment is also a necessity. Therefore, we organize public events involving activities such as beach clean-ups, restoring fallow fields, and low-carbon walks. Through these initiatives, employees shall gain a profound understanding of the importance of environmental protection and the joy of practicing eco-friendly actions. We plan to continue such activities to further propagate the concepts of environmental protection and sustainable development.

Social Responsibility

Workplace Safety

Ensuring workplace safety for employees is both a legal requirement and the Company’s fundamental commitment to the employees, which is closely related to their health and life. Adhering to the Regulations Governing Occupational Safety and Health, the Company established an Occupational Safety and Health Committee and implemented a series of occupational safety and health measures to ensure the safety of employees and prevent occupational accidents.

Occupational Safety and Health Policies:

Adhering to rules, forever we hone.
Education in place, disaster we disown.
All participate, workplace in grace.
Self-governed stride, in improvement we trace.

Policy Explanation: We shall maintain a work environment that complies with various legal regulations and continuously improves safety and health standards. Occupational safety and health education and training shall be implemented to foster personnel safety awareness and effectively prevent the occurrence of occupational accidents. Through the participation of all members, health management, and awareness promotion, a friendly workplace shall be created, while diligent inspections of environmental and equipment safety, and persistently safety and health management practices improvements shall be practiced.

Occupational Safety and Health Rules:

Preventing Unlawful Harassment in Workplace:

• WRITTEN DECLARATION:
  The Company, to safeguard all employees from any unlawful physical or mental harassment during the performance of their duties that may result in psychosomatic disorders, hereby declares in writing and perform educational training, to fully ensure that every member of the company clearly understands the definition of unlawful harassment in the workplace, the related responsibilities, and the Company's plans and implementation measures. Through these measures, we aspire to provide better protection for the rights of company members.



Friendly Workplace

Neousys Technology places talent at the forefront, adhering to the provisions of the International Labor Organization Conventions and Labor Standards Act. We have established a comprehensive and fair promotion system and welfare system, regardless of gender, age, race, religious beliefs, nationality, marital status, or other personal backgrounds. We value the professional capabilities of our employees and provide equal opportunities for development and competitive compensation and benefits. In the Company, we are dedicated to creating a diverse and friendly working environment. Our workforce is diverse, including employees from various regions of the world.

Neousys Technology-Employee Gender Statistics

Job title	Gender	Taipei Headquarter	Neousys Technology America, Inc.	Shanghai Neousys Technology Co., Ltd.	Total
Management	Female	27%	0%	40%	29%
	Male	73%	100%	60%	71%
Non-management	Female	50%	44%	27%	47%
	Male	50%	56%	73%	53%

(As of 2023/9/30)




Welfare System

To attract and retain talent, Neousys Technology provides welfare systems that surpass legal requirements, aiming to create a enriching company. We strive to cultivate a friendly workplace environment for our employees.
















Learning and Development

We firmly believe that the personal growth of employees is a cornerstone of company development. Therefore, Neousys Technology actively encourages employees to self-improve, expand the depth and width of their professional knowledge, and continuously optimize existing education and training programs. We provide comprehensive educational resources, hoping to learn and grow together with our colleagues.

Charitable Activities

As a passionate member of society, Neousys Technology does not lag in charitable activities. Through company resources, we support the people in need, fortifying employees' sense of social responsibility and values. We aim to spread love and care to every corner.

Business Operation

Corporate sustainable development embodies a holistic philosophy where businesses, in their operations, must not only prioritize economic growth but also uphold responsibilities to society and the environment. It is through simultaneous attention to the three dimensions that sustainable business operations can be achieved, contributing to the development of a sustainable society. Neousys Technology is deeply committed to the belief that realizing sustainable development requires the comprehensive integration of this philosophy into the company's operational framework. This entails ensuring that the concept of sustainable development is embedded throughout all aspects of the company's core operations, leading to a profound shift in the business model and the achievement of comprehensive and enduring sustainable development objectives.

Corporate Risk Management Policy

To ensure the continuity of the Company's critical business activities, we have established the Business Continuity Planning. The goal is to strengthen our ability to respond to unforeseen emergencies, mitigating the adverse effects of disasters on our business operations and ensuring a prompt recovery to regular activities. Our objective is to safeguard the interests of customers, shareholders, and other stakeholders while ensuring the long-term sustainability of the Company's operations.

Paperless Management

In adherence to the concept of sustainable business models, the company actively embraces a paperless management policy through the adoption of electronic systems for processes such as e-signatures, finance, and human resources management. For inevitable paper documents or physical manuals, we have employed paper recycling and double-sided printing methods to minimize paper consumption, dedicating efforts towards achieving a paperless environment. The company will consistently monitor paper usage, progressively reducing it each year through the continual introduction of electronic systems to fulfill the paperless goal.

Green Packaging

The company strives to achieve green packaging as much as possible. All product cardboard packaging is crafted from 100% recycled renewable materials. Furthermore, we specifically select non-toxic and environmentally friendly recyclable cushioning materials for packaging. The packaging of each product is tailored according to its size and weight, aiming to minimize waste and decrease the burden on the environment. Our dedication lies in endorsing sustainable packaging methods to safeguard our planet and its ecosystems.

Supplier Management

The Company places a strong emphasis on maintaining sustainable supply chains. To ensure that the raw materials procured from suppliers adhere to environmental conservation and occupational health and safety standards, we require suppliers to comply with all relevant environmental protection laws and regulations before any collaboration. They are required to guarantee that any supplied products, components, and shipping packaging materials, all comply with the regulations and the environmental laws of EU and European Countries. This includes conformity with regulations related to RoHS, REACH Substances of Very High Concern (SVHC), REACH Appendix 17, Declarations of Minerals Conflict-Free, and WEEE regulations. We commit to and affirm compliance with international and domestic occupational health and safety, as well as environmental protection laws and standards. This commitment is aimed at providing a safe and healthy work environment while assuming responsibility for environmental protection.

Sustainability Report