In order to take the corporate social responsibility in response to the global sustainable development trends company’s growth needs, iST established two management mechanisms of “ESG Steering Committee” and “ESG Committee” in 2023. The Board of Directors plays the supervising and steering role to put sustainability concepts and policies into practice by taking specific actions and create value for stakeholders continuously. Chairman Danny Yu serves as the chair of the “ESG Steering Committee” and the independent directors from relevant fields serve as the committee members to jointly deliberate sustainability issues related to the operations of the Company, and establish medium-term and long-term ESG development strategies and goals. Vice President Judy Chen, the convener of the“ESG Committee”, reports relevant implementation results and resolved plans to the Board of Directors every year on a regular basis. The Board of Directors provides required resources and give instructions, feedback and suggestions according to the resolutions to be implemented.

With fulfilling corporate social responsibility as the vision, the “Sustainable Development Policy” is the highest strategic gidelines of iST’s sustainable development. Chairman Danny Yu leads the senior executives of the ESG Committee to conduct cross-functional integration of ESG strategic guidelines and resources, achieve the goals and policies of corporate governance/social care/environmental sustainability, and establish good interactions with employees, shareholders, customers, suppliers, contrctors, governments, guilds, associations, and other social stakeholders to create common-good values.

The ESG Committee has an “ESG Secretariat” and five subcommittes of “Corporate Governance Subcommittee,” “Employee Care and Development and Ethical Management Subcommittee,” “Environmental Safety and Health Subcommittee,” “Sustainable Supply Chain Subcommittee,” and “Stakeholder and Social Care Subcommittee” to guide the economic, environmental, and social management indicators of corporate social responsibility. Vice President of Administrative Division Judy Chen serves as the convener of the Committee and leads the “ESG Secretariate” and subcommittee members to implement ESG related tasks. She holds regular meetings to confirm and reiew ESG implementation effectiveness and report to the ESG Steering Committee on a regular basis to ensure implementing the economic, environmental, and social performance management indicators.