Corporate ESG (The ESG content provided is based on the 2021 version, and the 2022 edition is expected to be completed and updated in December.) - PlayNitride

PlayNitride Inc. continues to deepen research and development in the field of MicroLED with a new and pioneering point of view, providing the most appropriate products in the MircoLED application field. With the expansion of operations and the expectations of stakeholders, PlayNitride Inc. launches the Sustainability Management (ESG) promotion plan, examines the company’s operating environments and risks, and at the same time, establishes a sound corporate governance and integrity management culture, and effectively protects the rights and interests of various stakeholders to demonstrate corporate value. The vision and objectives of the company are established by integrating with the business strategy of sustainability management.

Environmental Sustainability

Carbon Emission Management

In accordance with the ISO14064-1:2018 standard in 2022, we will conduct the quantification, supervision, reporting and confirmation or verification of greenhouse gas inventories or plans to disclose the clarity and consistency of the greenhouse gas inventory, and at the same time handle internal employee education and training courses, assist in the implementation of significant indirect emission analysis and related emission coefficient construction, compile the activity data of each base, perform internal verification operations, and write the company’s GHG inventory procedure documents, emission inventories and inventory reports.

Supply chain management

1. Management of Hazardous Substances

Suppliers are required to provide the “Commitment not to Use Prohibited or Restricted Substances in Environmental Regulations” and Safety Data Sheet (SDS) of products, parts and materials, etc., and the third notary unit test data report to confirm compliance with the RoHS/REACH product hazardous substance standard requirements. We conduct regular audits of qualified suppliers to confirm environmental protection and the maintenance of the product hazardous substance management system.

2. Conflict Minerals Management

The products, parts and materials required of our suppliers do not contain conflict minerals (gold (Au), tantalum (Ta), tin (Sn), tungsten (W), cobalt (Co) and other minerals and derivatives originating in the Democratic Republic of the Congo (DRC) and its surrounding countries and regions. Suppliers are required to complete and submit the content to PlayNitride Inc. in accordance with the format of the Conflict Minerals Report Template (CMRT).

Waste Management

The company follows the requirements of waste cleaning regulations, implements waste management, and obtains ISO14001 certification, and continues to operate according to the management system. In addition to the approval of the competent authority, the relevant business also declares the quantity of waste output, storage, removal and treatment by means of the network in accordance with the relevant regulations on waste clean-up and the norms of the Environmental Protection Bureau, and also entrusts qualified manufacturers recognized by the EPD to remove and dispose of the waste according to the treatment method described in the waste clean-up plan. In the future, the company will continue to work towards process waste reduction, resource conservation, decrease in waste generation, material recycling and reuse, and relief in environmental load, and achieve the goal of waste reduction and resource recycling and reuse.

Environmental Safety and Health Education and Training

In order to promote the safety and health management of activities, products, service processes and relevant stakeholders related to operations, the company establishes, implements and maintains the procedures and standards of the management system that meets the requirements of the ISO 45001 international standard, effectively manages any negative impact on safety and health or anything that does not comply with the regulations, and continuously improves safety and health performance.

According to the requirements of the management system and regulations, the implementation of occupational safety and health education and training for each new employee, and the regular implementation of retraining, emergency response education and training, and relevant provisions for all employees, to deepen the concept of safety of colleagues. The above is also included in the annual education and training plan for continuous implementation.

ISO Management System Certification (Please click on the link for licenses)

Social Responsibility

Popular Science Education

The R&D team in PlayNitride Inc. has the courage to challenge itself, continue to provide products and solutions for diverse application fields with technological innovation, and continue to promote the relevant knowledge of MicroLED fields, hoping that MicroLED can be implemented into our daily life faster. The company not only participates in the corporate lectures and industry sharing invited by PIDA, but also cooperates with the physical, optoelectric, electrical and other science and engineering departments of various colleges and universities from time to time, in the form of school sharing or enterprise visits. For MicroLED development technology and related applications for thematic sharing courses, we not only enhance students’ professional and technical knowledge, but also broaden students’ vision of industry development, new technologies. The current number of cooperation sessions has registered more than 15 occasions, while many colleges and universities of related disciplines have paid visit to the factory. In the process of visiting, in addition to the teaching of technology, we also demonstrate exhibits and do environment introduction, so that students can have a deeper contact with the entrepreneurial culture, workplace environment, company development, thus understanding MicroLED current development and application.

Department of Optoelectronic Engineering, Taipei University of Science and Technology – “Display Panel with Internship”
Department of Optoelectronic Engineering, Taipei University of Science and Technology – “Optoelectronic Industry Trend Analysis”
rofessional Lecture Sharing: Institute of Optoelectronic Engineering, National Normal University and Bachelor’s Program – “Optoelectronic Semiconductors”
Corporate Visit: The Institute of Optoelectronic Engineering, National Taiwan Normal University
Corporate Visit: The School of Electrical Engineering of Yang Ming Chiao Tung University
Corporate Visit: The Department of Optoelectronic Engineering, Yang Ming Chiao Tung University
Corporate Visit: The Department of Materials, National Tsing Hua University-“Applied Optoelectronics”
Corporate Visit: The Department of Electronic Engineering of National Yunlin University of Science and Technology
Corporate Visit: The Faculty of Electrical Engineering, Fu Jen University
(To be continued…)

Employee Care

1. COVID-19 Response Measures

Hold epidemic prevention seminars, adjust epidemic prevention measures according to the Centers for Disease Control and Prevention (CDC), update epidemic prevention information regularly, and publish it to the cloud office for easy reference.
Colleagues who overlap with the confirmed person’s route and have symptoms of discomfort carry out health management, and adopt the methods of working from home, transferring work shift or asking for leave.
Restricted Visitors: Routine manufacturers and non-routine necessary factory entry must not be the same as the footprint of the confirmed person. Confirm the contact between the person entering the factory and the confirmed person.
- Take Temperature
- Complete the Visitor and Contractor Awareness Symptom Declaration Form
- Scan Visitor QRCode

2. COVID-19 Epidemic Prevention Management

3. Shared Community Health and Safety

During the long weekend period, employees returned to the company from various counties and cities, and before the start of the long weekend period, we provided each colleague with fast-test reagents and alcohol wipes, and completed the self-test at home first to maintain the health and safety of the community and individuals.

4. Employee Health Check & Vaccine Insurance

The company provides health examination that is better than the regulations set by the government, and contacts the hospital to the factory every year to conduct health examinations for all employees.
Three days of paid welfare leave is provided from the date of arrival.
Provide after-service employee vaccine insurance:

5. Physical and Mental Health Management

Conduct health care management according to needs, provide different professional assessments, physical and psychological consultations, and let supervisors informed, adjust and evaluate the work content.
Prevent abnormal workloads, special health hazards, maternal health protection, avoidance of human causes, elimination of workplace violence, employment of people with physical and mental disabilities, on-the-job medical services, and resumption of work by assessment personnel.
Encourage colleagues to manage their own health, regularly measure blood pressure and effectively prevent cardiovascular disease.

Public Welfare Participation

1. Sponsor the St. Francis Joint Exhortation Park Fair

In October 2020, the Company had the honor to participate in the St. Francis Joint Exhortation Park Tour held at the Miaoli Cat Meow Family Park. In cooperation with St. Francis Children’s and Children’s Centre, 200 garden passes were subscribed as benefits for employees’ family activities, and the stalls were adopted to donate all the proceeds to the Children’s and Children’s Centre. This is a small activity to give back to the society, but it is not only the satisfaction of contributing love, but also the sense of achievement of colleagues working together to complete the task: from buying ingredients, preparing ingredients, cooking, loading, shipping, setting up stalls and selling… For us who have no experience, everything is the first time to be touched and challenged. The pursuit of innovation and excellence of the spirit of employees, embodied in every activity, from work performance, to small after-work activities, all show the power of “PlayNitride”.

2. PlayNitride Really Awesome Collaborating Hsinchu City Salutes the Sea – Beach Cleanup Activity for 2022

After two years of the epidemic, we once again promoted to join hand in hand to participate in Hsinchu City’s 2022 Salute to the Sea – Autumn Beach Cleanup Activity. Each colleague and his family members enthusiastically participated to make their own efforts to clean up the waste on the beach, and deeply experienced the necessity of environmental protection and ocean sustainability, and then led the people around them to serve the ocean and make the global environment we live in better.

– Event Date: 08:00 ~ 11:00 October 01, 2022
– Venue: Main cleanup site: Fortune Sand Bay / Sub-cleanup site: Area B

3. 2020 Launch Response to Earth Hour 60+

The company is committed to becoming the integrated role of MicroLED Display Ecosystem. Employees in the daily work promote the environmental protection of the spontaneous green behavior, including the first day of the job to distribute environmentally friendly tableware and bags for their use. Colleagues delight in sharing the commute, readily turn off unnecessary lights and power consumption products, etc. The company is deeply rooted in sustainability issues, but also invites colleagues to face up to climate change. In 2020, the company also attended the international “Earth Hour 60+ Earth Hour”. At the event, our CEO Dr. Charles Li led the company’s working partners hold up signs to jointly respond to Earth Hour and shoot videos and photos to promote it.

Human Rights Policy

The Company abides by relevant labor laws and regulations and upholds the human rights of all employees, including full-time employees, contract and temporary workers, and interns, and creates a dignified working environments. The company recognizes and supports internationally recognized human rights standards such as the United Nations Universal Declaration of Human Rights, the United Nations Global Covenant, the United Nations Guiding Principles on Business and Human Rights, and the United Nations International Labor Organization, treats and respects all personnel with dignity, and implements the Human Rights Management Policy for PlayNitride Inc.

Human Rights Management Approach

Provide a safe and healthy working environment free from harassmen
Eliminate illegal discrimination and ensure equality of working opportunities
Ban on child labor
Ban on forced labor
Foster an environment that encourages communication and set up an open management model
Support and assist employees with maintaining their physical/mental well-being and work-life balance
Regularly inspect and evaluate related schemes and practices

Master Lectures

With the talent adaptive learning and development system to move the Company towards the road of sustainable management, we put great emphasis on the growth and cultivation of employees by providing prospective, diversified education and training, strengthening the professional ability of employees in the workplace, in order to create an environment for learning and growing together. The Company will also regularly organize internal lectures, to provide colleagues with different aspects of learning and brainstorming.

Special invitation was given to the Father of Blue-light, Dr. Shuji Nakamura for the first grand innovation lecture of 2019.

In order to enhance the personal quality and self-growth of colleagues, the Company launched a series of PlayNitride seminars by inviting outstanding personage from various fields to communicate and share with working partners. For the first lecture, we invited the Nobel Laureate in Physics known as the Father of Blue-light Dr. Shuji Nakamura to give a speech. In Dr. Nakamura’s sharing, we learned about the many problems he encountered in the research and development process, and how to overcome these obstacles to develop blue light-emitting diodes. After the speech, the Company’s executives also went deep into a symposium with Dr. Nakamura, and also exchanged our current development and the difficulties encountered through the product exhibits. The above brief exchange and sharing has injected a lot of energy into the Company and encouraged our R&D engineers to continue to move forward firmly on the road of MicroLED.

A feast of diverse knowledge and a wide range of topics covered by PlayNitride Lectures.

The Company’s working partners are mostly new generation of excellent talents with high social awareness, pay attention to public issues, and can quickly absorb knowledges of new trends. In addition to a wealth of semiconductor processes and MicroLED-related training courses, the Company is also actively developing short-term lectures with high-valued contents, which included: President Huang Qinyong, who is experienced in the industry, leading colleagues to objectively analyze the current international competition gaming theory from the global supply chain, and sharing the operation of South Korea and Samsung, and discussing our Company’s industrial positioning and strategic choices at this critical moment. We also invited Luo Xiang’an, founder of Giant brand, to share his ten key decisions in operation and management; In the workplace, Abby, the managing director of Ogilvy, was also invited to use the 30 thoughts of the general manager to provide us with the way of thinking that we find solutions to every doubt in life. The lecture information is listed as follows:

How I could invent the blue LEDs <Nobel Laureate in Physics Dr. Shuji Nakamura>
Industry 3.5 Manufacturing Strategy and Intelligent Manufacturing Industry Examples <Professor Jian Zhenfu of Tsinghua University>
Pushing the limits| the pursuit of excellence – propelling rockets with enthusiasm <ARRC Prospective Rocket Research Center Wu Zongxin, founder>
Workplace Tips – 30 Thoughts of the General Manager of “Understanding” <Taiwan’s Ogilvy & Mather Group Managing Director Xie Xinhui>
Igniting the soul of the supervisor <the general manager of Yunlang Tourism Group Sheng Zhiren>
Innovation and Entrepreneurial Thinking Seminar <General Manager of XRSPACE Tao Yunzhi>
Timing, Opportunity: Business Changes and Challenges in the Next Decade <The Electronic Times 《DIGITIMES》,Huang Qinyong, Founder/President>
Coexistence with AI: Today I have an appointment with the political commissar Tang Feng, the political commissar of the <Executive Yuan>
Introduction to 3D Integrated Circuits and Heterogeneous Integration and My <陽明交通大學陳冠能教授>
Journey of Learning The World of Giant – Key Decisions <Luo Xiang’an, founder of the Giant Group and former CEO of the giant group>

Corporate Governance

Board Members

The Audit Committee

The Audit Committee of the Company aims to assist the Board in performing its oversight of the quality and integrity of the Company in the implementation of relevant accounting, auditing, financial reporting processes and financial controls. Matters reviewed by the Audit Committee include financial reporting, the effectiveness of the internal control system, the appointment, dismissal or remuneration of certified accountants and the assessment of their independence, and the appointment and removal of the head of finance, accounting or internal audit.

The Remuneration Committee

The Company’s Remuneration Committee aims to assist the Board in implementing and evaluating the Company’s overall remuneration and benefits policies, systems and structures, as well as the remuneration of Directors and Managers, and to make recommendations to the Board for its decision-making.

Corporate Governance Operations

Communication with independent directors Directors’ further education

Sustainable Development Committee

In order to strengthen corporate governance, practice corporate social responsibility, and implement sustainable business to keep pace with international trends, the Company resolved at the 12th meeting of the 3rd Board of Directors on 9 September 2021 to establish a “Sustainable Development Committee” under the Office of the Chairman and Chief Executive Officer.

Sustainability Report

Our 2021 Sustainability Report has been prepared on the basis of the Sustainability Accounting Standard in terms of the identification of stakeholders and the impact assessment of sustainability issues. In 2023, we follow the GRI Sustainability Reporting Standards (GRI Standards), Sustainability Accounting Standards Board (SASB) and Climate-related Financial Disclosure (TCFD) disclosure standards to gradually better disclosures in sustainable reporting. In accordance with the above standards, we issued our 2022 sustainability report. Click here for our reports：

Internal Audit

1. Purpose of Internal Audit

The design, implementation and internal inspection of the Company’s internal control system shall be handled in accordance with the guidelines for the establishment of the internal control system and related laws and regulations of the public offering company.

2. Internal Audit Organization

The Company has set up an internal audit unit, which is subordinate to the Board of Directors to work exclusively for internal audit work. In accordance with the company’s operating scale, business situation, management needs and other relevant laws and regulations, the Audit Supervisor shall be assigned full time with a suitable and appropriate number of people to which he belongs. The appointment and removal of the Head of Internal Audit shall be subject to the consent of the Audit Committee and a resolution of the Board of Directors. The qualifications of internal auditors meet the statutory requirements for appointment and continue to study for the required number of hours.

3. Operation of Internal Audit

The internal auditors perform their duties in a spirit of transcendent independence and with an objective and impartial standpoint, with due professional attention. The Audit Supervisor regularly reports to the Audit Committee on audit operations and attends the Board of Directors as an observer. The Company’s internal audit business is based on the results of the risk assessment to prepare an annual audit plan, specifying the audit items, time, procedures and methods. Auditors conduct regular or irregular routine and project audits, and audit results are submitted to the Audit Committee with working papers and related materials to ensure that the Company’s internal control system is continuously and effectively implemented.

All units and subsidiaries within the Company are urged to regularly assess the effectiveness of the internal control system on a regular basis every year. The internal control self-assessment should be performed by the head of each unit according to the actual operation content of the department, the internal control system design and implementation effectiveness assessment. And then the internal audit unit reviews the self-assessment report of each unit and its subsidiaries, and the internal control deficiencies and abnormal matters found by the audit unit, as the main basis for the board of directors and the general manager to evaluate the effectiveness of the overall internal control system and issue an internal control system statement. Internal auditors shall disclose the deficiencies and abnormalities in the internal control system discovered in the internal audit operations, listed in the internal control system declaration, and self-assessment and certified accountant project review, and follow up after the report is audited, and make a tracking report on a quarterly basis to determine that the relevant units have taken appropriate improvement measures in a timely manner and listed as an important item in the performance appraisal of various departments. After the audit report and the tracking report are audited, they shall be submitted to the Audit Committee for review before the end of the month following the completion of the audit project. If the internal auditor discovers a major violation or the company is in danger of being seriously damaged, it shall immediately make a report and notify the board of directors and the Audit Committee.

Important Corporate Rules (Please click on the project link)

Stakeholders

Key Stakeholders

Following the AA1000 SES Stakeholder Engagement Standard, 42 supervisors and relevant colleagues involved in ESG projects conducted identification, and examined the relevance of various types of stakeholders and PlayNitride, and registered scores according to the five proposed aspects such as “responsibility, influence, traction, multiple views and dependence”. After reviewing the results of the comprehensive scoring and joint discussion, it is confirmed that the important stakeholders in 2021 are employees, customers, suppliers and shareholders (Figure 1). The scoring results of the five dimensions (Figure 2) summarize the significance of each important stakeholder for PlayNitride (as shown in Table 1).

Outcomes of General Stakeholder Identification (Figure 1)

Key Stakeholder Scores in the 5 Aspects (Figure 2)

Importance of Each Stakeholder to PlayNitride (Table 1)

Stakeholder and Communication Channels

The questionnaire survey on sustainability issues is not the only way for PalyNitride to understand the stakeholders’ issues of concern. In the operation process, PlayNitride continuously communicates and discusses important issues with various stakeholders in a multi-channel and open and transparent manner, so as to ensure that the concerns and expectations of various stakeholders can put the operational strategies and objectives of PlayNitride into account, and responds to stakeholders with substantive operating results, and then summarizes the communication channels with various important stakeholders in 2021 (as Table 2).

Key Stakeholder Communication Channels and Frequency (Table 2)

Issues of concern to important stakeholders involves the input and dispatch of funds, manpower and related resources. It will also have a mutually exclusive effect under limited resources, thus requiring gradual planning from the process of company operation to execute implementation. Therefore, in the process of engaging with various important stakeholders, we also examine the relevance of various stakeholders and PlayNitride, contemplate the purpose and focus of the response, and then bring about short-term practices and long-term strategic objectives.