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Sustainable Blueprint

Sustainable Goals

According to the six major development strategies of the sustainability blueprint, the ESG Committee has laid out the qualitative and quantitative short-, mid- and long-term goals for the sustainability vision and the individual annual check points for each goal oriented on the key ESG strategies discussed with the senior management and various departments. Thereby, Yulon Motor gradually puts each low-carbon-emissions and low-energy-consuming ESG and sustainability actions into practice to enhance the value of sustainability and carry through our vision for corporate sustainability.

Majordevelopment
strategy in the blueprint

Short-term (2023–2024)

Medium-term (2025–2026)

Long-term (After 2027)

Corresponding 2022

sustainability topics

(2022 sustainability topics are in bold)

Environmental
protection,
promotion of net
zero emissions
and waste
reduction
  • Greenhouse gas emissions to be reduced by 4.2%/year
  • Waste usage to be reduced by 30%/year
  • Greenhouse gas emissions to be reduced by 4.2%/year
  • A total of 20.2MW of solar power generation capacity to be installed by 2025
  • Water consumption to be reduced by 10%/year
  • Greenhouse gas emissions to be reduced by 50% by 2030
  • 100% electrification of vehicles in the plant by 2030
  • To participate in EV100 and RE100 in 2030
  • Net zero carbon emissions by 2050
  • Climate strategy/GHG emissions
  • Air pollution
  • Biodiversity
  • Hazardous substance disposal
  • Waste management and recycling
  • Energy management
  • Water resource utilization and wastewater discharge management
  • Level of Volatile Organic Compounds emissions (hereinafter referred to as VOCs) to be lowered to: below 69 g/m2
  • Level of VOCs emissions to be lowered to: below 68 g/m2
  • Level of VOCs emissions to be lowered to: below 66 g/m2
Sustainable
supply chain
driving value
production
  • To establish the“ Resource Exchange Platform” of the Group to matchmake idle equipment among entities of the Group,contract manufacturers and suppliers
  • Purchase amount of locally sourced parts to reach more than 40% of total purchase amount of parts
  • To assist sustainability high-risk suppliers in on-site audit
  • Continue to increase the proportion of purchase amount of locally sourced parts to total purchase amount of parts
  • Continue to increase the proportion of suppliers who signed the“ Supplier’s Undertaking of Corporate Social Responsibility”
  • To assist sustainability high-risk suppliers in on-site audit
  • Ensure 100% of suppliers signing the “Supplier’s Undertaking of Corporate Social Responsibility”
  • To assist sustainability high-risk suppliers in on-site audit
  • Sustainable supply chain
Innovative
quality leading
to the future of
mobility
  • Battery electric vehicle n7 is expected to be introduced to the market in the fourth quarter of 2023 and to continue the electric vehicle R&D
  • To keep growing the self-owned brand Luxgen with the open platform and shared resources by rolling out more competitive and demand-oriented new products
  • To keep fostering technology innovation in Taiwan’s electric vehicle industry and creating forward-looking energy-storage technology and products
  • EV development
  • Product quality and reliability
  • Technology R&D and innovation
  • Customer relationship management
  • To strengthen the development and management ability for new vehicles
  • 100% qualification rate for the five major electrical tests for electric vehicles (before the first current)
  • To boost ability in smart manufacturing
  • To have more than 21 stations capable of connecting, capturing and uploading the manufacturing process parameters and quality-related parameters online
  • Immediate risk alert for critical procedures with key parameters captured for analysis and early warning management
  • To strengthen the management ability in new vehicle development
  • To establish traceability records for key procedures and processes where quality tests are conducted in the mass production stage instead of in the trial production stage of new vehicles
  • 100% improvement rate for the Quality Assurance Rate (QAR) of risky stations at each stage to improve assurance rate
  • To boost ability in smart manufacturing
  • Immediate risk alert for critical procedures with key parameters captured for analysis and early warning management
  • To keep improving quality, enhancing testing technology and optimizing management skill
Ethical
governance
steering
sustainability
  • To boost ability in smart manufacturing and new vehicle development and management, implement preventive quality management, and ensure new vehicle development timeline using digital billboards.
  • To coordinate partners in the development of large power plants and to participate in Taipower’s ancillary service market
  • To improve credit rating and lower the capital costs for developing manufacturing services and investing in energy storage business
  • To improve communication efficiency between the Company and external personnel
  • To keep close relations with capital market in order to increase the number of diverse funding channels and seek appropriate investment targets
  • To root in Taiwan and aim at the world; to keep the most essential and critical R&D technologies and resources in Taiwan for both the existing manufacturing services and energy storage products that we have been actively involved in.
  • Operations and finance
  • Risk management
  • Corporate governance
  • Brand image
  • Information security and privacy management
  • To introduce the Taiwan Intellectual Property privacy management Management System (TIPS) and obtain verification from a third party
  • To introduce the ISO 27001 Information Security Risk Management System
  • To implement diversification for increasing revenue from new businesses
  • To introduce the ISO 27001 Information Security Risk Management System and obtain verification from a third party
  • To implement diversification for increasing revenue from new businesses
  • To implement diversification for increasing revenue from new businesses
Friendly
workplace of
diversity and
inclusiveness
  • To facilitate industry–academia cooperation for key talents recruitment: to increase the number of partnering organizations and recruit interns
  • To intensify corporate talents development and raise the percentile rank of employee satisfaction above 45
  • Turnover rate of new employees <21%
  • To facilitate industry–academia cooperation for key talents recruitment: to increase the number of partnering organizations and recruit interns
  • To intensify corporate talents development and raise the percentile rank of employee satisfaction above 50
  • Turnover rate of new employees <18%
  • To facilitate industry–academia cooperation for key talents recruitment: to increase the number of partnering organizations and recruit interns
  • To intensify corporate talents development and raise the percentile rank of employee satisfaction above 55
  • Turnover rate of new employees <15%
  • Recruitment and retention
  • Occupational Health and Safety
  • Human Rights
  • Career development, education and training
  • To reduce the rate of work injuries and occupational diseases: Through periodical risk assessments, provision of health and medical care and health improvement services, and training on occupational safety and health for supervisors and employees, to avoid injuries arising from work.
  • 0 catastrophes and fatal occupational accident at the plant/year
  • 4 Injury cases at the plant↓ /year
  • 40 ↑ safety and health promotional events /year
  • 12 ↑ employee safety seminars/year
  • To enhance employees’ awareness of occupational safety and health: to realize through the occupational safety and health education and training, enhancement of safety culture among supervisors and employees and routine organization of safety seminars, and in turn improve employees’ understanding and awareness of occupational safety and health.
  • To improve the management of occupational safety and health: to implement through the establishment of complete occupational safety and health policies and procedures, a sound management system and a monitoring and risk assessment mechanism, and in turn enhance the corporate and organization’s awareness and management of occupational safety and health.
Social welfare
with virtuous
influential
actions
  • To keep cultivating native saplings
  • To enlarge the scale of public welfare promotion
  • To keep supporting the wood carving industry in Sanyi
  • To continue to strengthen and develop differentiated featured programs in regard to becoming environmentally friendly and support for disadvantaged groups, which meet the SDGs
  • To work with governmental agencies in Miaoli, Taipei City and New Taipei City, companies at the industrial park, social welfare organizations and communities to introduce caring events that connect to SDGs with local color and to support local events that address topics on steering value, social engagement and support for disadvantage groups.
  • Social Relationships

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