BenQ Materials’ Board of Directors serves as the highest governance body and oversees the Company’s management of its impacts on the economy, environment, and people. To strengthen the Board’s supervision of sustainability issues, the Company established the Sustainability Committee, a functional committee under the Board of Directors, in 2025.
The Committee is convened by the Chairman and joined by independent directors. The Chairman is responsible for reviewing and overseeing major sustainability strategies and policies, risk and opportunity identification, annual targets, and performance results, and reports regularly to the Board of Directors.
At the management level, the Company has established the ESG Committee, under which five functional task forces are formed. Senior executives are responsible for promoting work related to sustainable materials and green products, green production, corporate governance and legal compliance, social participation, and employee care. Through material topic assessment, risk management mechanisms, and the promotion and tracking procedures of each functional task force, the Company continuously identifies, assesses, and manages actual and potential impacts on the economy, environment, and people. The ESG Committee generally meets quarterly to review the progress of each plan, target achievement, and implementation results, and continuously reviews the effectiveness of relevant management procedures.
In addition, the Company collects external issues of concern and recommendations through stakeholder engagement. The relevant responsible units compile such information and submit it to the ESG Committee and the Sustainability Committee as a basis for adjusting sustainability strategies, management priorities, and targets. The Sustainability Committee convenes at least once a year and may convene at any time as needed to assist the Board of Directors in reviewing sustainability-related management procedures and their implementation.
How the ESG Committee works
Sustainable Governance Report to the Board
BenQ Materials has established an ESG Committee, with the Board of Directors responsible for overseeing the Company's ESG strategies and performance. The committee is required to report to the Board at least once annually on sustainability achievements and future plans. The Board provides supervision and strategic guidance accordingly. To further strengthen sustainability governance at the Board level, the Company formally established the “Sustainability Committee,” a functional committee under the Board of Directors, at the end of 2025. The Committee is authorized by the Board to review and oversee major sustainability-related matters. Starting from 2026, the Sustainability Committee will regularly report to the Board of Directors in accordance with its duties, and the Board will formally manage and supervise sustainability strategies, goals, and performance through the committee operating mechanism.
In 2025, the Board of Directors focused on the following ESG-related oversight and recommendations:
- Reviewed the Company's 2024 ESG performance, assessed progress toward sustainability goals, and provided improvement suggestions (Board meeting held on April 30, 2025)
- Accelerated the development of Scope 3 GHG data collection mechanisms, to align ESG targets with international standards.
- Monitored the implementation of green electricity procurement plans to ensure on-track progress toward the RE100 target of 100% renewable energy by 2040.
- Reviewed and approved the 2024 Sustainability Report, aiming to enhance disclosure quality and information transparency (Board approval granted on July 30, 2025).
BenQ Materials conducts a periodic double materiality assessment. The assessment results and prioritized material topics are reviewed by the ESG Committee and subsequently submitted to the Board of Directors for confirmation. The Board oversees the alignment of material topics with the Company’s sustainability strategy and management priorities.
