Materiality Analysis
Materiality Analysis
- Sustainability Management
- Stakeholder Engagement
- Materiality Analysis
Materiality Management
Material Topic Identification Process
1
Based on the three key dimensions - Environmental (E), Social (S), and Governance (G), 17 sustainability issues were identified.
2
A questionnaire survey was conducted among eight major types of internal and external stakeholders to understand their levels of concern for different issues.
3
Members of the Sustainability Committee’s functional teams and the Sustainability Office evaluated the positive and negative impacts of each issue on the external environment, economy, and society.
6
Based on the above process, Inventec selected 10 material topics, which were approved by the Sustainability Committee and reported to the Board of Directors. Management guidelines and annual targets were established accordingly.
5
Scores for stakeholder concern and impact levels were calculated respectively. The management team leaders were invited to assess the financial impacts, providing the basis for determining the materiality of each issue.
4
The impact levels were measured and a matrix was plotted to visualize the positive and negative impacts of each issue. It helped identify and rank the significance of the impacts for each issues.
Response to Material Topics
- Environment (E)
- Governance (G)
- Society (S)
Material | The importance of the topic | Achievements and Goals | Impacts on the Value Chain | ||||
|---|---|---|---|---|---|---|---|
2024 Achievements | 2025 Goals | 2030 Goals | Suppliers | Inventec | Customers | ||
| Climate change management | By managing green house gas emissions, we target to achieve carbon reduction goals, manage climate-related risks, and develop low-carbon opportunities to enhance business competitiveness. | Compared to the 2020 baseline year, Scope 1 and Scope 2 greenhouse gas emissions (market-based) decreased by 28.31% in 2024. | To achieve a reduction of 21% in Scope 1 and 2 carbon emissions compared to the base year of 2020. |
| ○ | ○ | ○ |
| Energy management | Energy use not only impacts the operating costs of Inventec Group but is also a major source of GHG emissions. To manage energy expenses and reduce GHG emissions, Inventec monitors the efficiency of energy use in its operations and aims to increase the proportion of renewable energy use. |
|
| To expand the adoption and installation of renewable energy facilities, aiming to achieve a renewable energy proportion of 55% by 2030. | ○ | ○ | ○ |
Note 1: IMP obtained the certification in February 2025.
Note 2: Calculation formula: Renewable energy consumption / Total electricity consumption of plants using renewable energy.
Material | The importance of the topic | Achievements and Goals | Impacts on the Value Chain | ||||
|---|---|---|---|---|---|---|---|
2024 Achievements | 2025 Goals | 2030 Goals | Suppliers | Inventec | Customers | ||
| Digital empowerment | Inventec is dedicated to integrating 5G private network (5G private network telecom technology) with edge computing (Edge AI Computing applications), delivering digital transformation solutions for 5G smart factories. |
| The Company will continue to enhance the integration of 5G private networks and Edge AI applications, leveraging redundant technologies to optimize network deployment. This will help reduce downtime costs and minimize human intervention, aiming to achieve highly efficient, safe, and stable operations in smart factories. | To comprehensively integrate communication technology and apply technologies and IT to optimize production processes and achieve green factory benefits. | ○ | ○ | ○ |
| Risk management | Through identification and response measures, we enhance the resilience of the Company. Additionally, we aim to establish a risk management model tailored to our company through a combination of topdown approaches and feedback mechanisms. | The Company approved and amended the “Risk Management Policy and Procedures”, and further enhanced Enterprise Risk Management (ERM) to pursue its long-term sustainable governance goals. | To refine the “Risk Management Policy and Procedures,” enhance Enterprise Risk Management, foster a strong risk management culture, and continuously develop related capabilities | To improve the risk management framework and foster a sound risk culture. | ○ | ○ |
|
| Innovative R&D | Facing the challenges of rapid technological change, Inventec endeavors to manage globally intellectual property, and actively accumulates patent advantages to demonstrate innovation value. | Inventec has been granted over 17,000 patents worldwide and was ranked among the Top 10 Taiwanese Corporate Entities in the 2024 Taiwan Top 100 Patent Rankings. | To expand the portfolio of green patents focused on energy efficiency, low-carbon, and thermal management technologies, with a year-over-year increase of more than 5% in the number of green patent applications. |
| ○ | ○ | ○ |
| Business ethics | Violations of business ethics will have a significant impact on the Company's operations and reputation. Effective controls through various policies and management systems should be carried out to avoid risk impacts on the Company's operations and reputation. | In 2024, 100% of employees received training and awareness sessions on business ethics. The Company recorded zero cases of business ethics violations, demonstrating effective control and compliance outcomes. | To achieve 100% coverage in business ethics training and awareness sessions, with zero cases of business ethics violations, ensuring continued effective risk management.
| To deepen our trustworthy partnerships with suppliers and customers, and consistently achieve our goal of zero instances of business ethics violations. | ○ | ○ | ○ |
| Sustainability vision and strategy | Specific sustainability strategies are formulated to accomplish short-, medium-, and long-term goals over time. | The functional teams regularly reported on the status of plan implementation and progress toward target achievement. | 100% achievement rate for the long-term goals of the six major functional teams. | 100% achievement rate for the long-term goals of the six major functional teams. | ○ | ○ | ○ |
| Stakeholder engagemen | Deepening relationships with customers and the supply chain, and transparently disclosing sustainability results. |
| To continuously track and respond to stakeholder needs. | To continuously track and respond to stakeholder needs. | ○ | ○ | ○ |
Material | The importance of the topic | Achievements and Goals | Impacts on the Value Chain | ||||
|---|---|---|---|---|---|---|---|
2024 Achievements | 2025 Goals | 2030 Goals | Suppliers | Inventec | Customers | ||
| Occupational health and safety | Inventec has established a comprehensive occupational safety and health policy, and is committed to implementing risk control as the highest principle, supported by extensive training. The primary goal is to minimize occupational hazards across all factories through targeted action plans. |
| The disabling injury severity rate for employees <26. | The disabling injury severity rate for employees <26. | ○ | ○ | ○ |
| Talent attraction and retention | Recruiting talents through reasonable salary, job roles that offer challenges and growth opportunities, and good corporate image. |
|
|
| - | ○ | ○ |
Note 1: The statistical scope covers a total of 16 sites, including IET, TAO, ITO, ICC, IPT, SQT, ICZ, IMX, IMP, ITH, IACT, IATY, IACP, IACJ, IACM, and IACV.
Note 2: Plants certified under ISO 45001 include: IET, ITO, TAO, IPT, SQT, ICC, ICZ, IMX, IMP, ITH, IACP, IACJ, and IACV. IET has obtained TOSHMS certification.
Communication with stakeholders
- Employees
- Customers
- Government agencies
- Suppliers
- Shareholders/Investors
- Communities
- Media
- Research Institutes
Importance to Inventec
Employees are important assets of the Company. Inventec emphasizes on talent development and takes the initiative to care for the well-being and welfare of its employees to create a friendly and healthy workplace.
Communication/
Engagement Channels
and Frequency
- Feedback and opinions are collected through employee care meetings, employee forums, supervisor forums, online communication platforms, and employee suggestion boxes, and communications are conducted accordingly as needed.
- Labor-management meetings are held quarterly.
- Monthly meetings are conducted to communicate the Company’s strategies and operational developments with employees.
- The responsible unit periodically posts issues and solutions on the bulletin board.
Issues of Concern
- Talent attraction and retention
- Occupational health and safety
- Training and development
Inventec’s Actions
- In 2024, a total of 23,825 people were recruited, with an internal employee replacement rate of 2.72%.
- Employee salaries are in compliance with regulations, with no gender or ethnic disparities.
- A total of 11,869 employees completed the health examinations in 2024, with no recorded cases of occupational diseases among employees.
- The average training hours per person reached 134.12 hours in 2024.
Importance to Inventec
The Company’s revenues are coming from the customers. Inventec continuously strives to improve customer satisfaction by understanding and promptly meeting their needs, thus increasing the value of our partnership.
Communication/
Engagement Channels
and Frequency
- Each responsible unit responds to the standards, audits, or questionnaires requested by the customers as needed throughout the year.
- The responsible unit fills out the SAQ questionnaire on the RBA-Online Supply Chain & CSR Management Platform every year.
- Project meetings are held as needed.
Issues of Concern
- Sustainability vision and strategy
- Diverse talents and equal opportunity
- Occupational health and safety
Inventec’s Actions
- Functional teams have completed the short-, medium-, and long-term goal setting and continue to implement them consistently.
- Women account for 31.78% of managerial positions, with female managers in revenue-generating departments making up 47.43% of all managers in those departments, reflecting Inventec's commitment to a diverse talent policy.
- Inventec has obtained the certification of ISO 45001 Occupational Health and Safety Management System. Note
- Note：Certified operating sites include IET, ITO, TAO, IPT, SQT, ICC, ICZ, IMX, IMP, ITH, IACP, IACJ, and IACV.
Importance to Inventec
The government plays a crucial role in setting regulations for businesses and providing resources to support them.
Communication/
Engagement Channels
and Frequency
- Pursuant to the regulations, the responsible unit discloses information on the Company’s website, uploads the annual report and sustainability report, and provides related information on the Market Observation Post System during the year.
- The relevant units cooperate with the regulatory authorities to facilitate their factory inspections, and conduct fire drills as well as emergency response exercises as required during the year.
- In line with the reporting requirements, the responsible unit checks whether the Company has complied with various environmental laws and regulations, and collect statistics on relevant environmental protection data throughout the year.
- The relevant units participate in government policy promotion events, projects, and activities as needed.
Issues of Concern
- Environmental sustainability
- Occupational health and safety
- Sustainability vision and strategy
Inventec’s Actions
- TAO and ICC obtained UL 2799 platinum certification.
- Environmental expenditures in 2024 totaled NT$136 million.
- A total of 11,869 employees completed the health examinations in 2024, with no recorded cases of occupational diseases among employees.
- In line with the Company’s sustainability vision, all functional teams continue to implement their short-, medium-, and long-term goals toward 2030.
Importance to Inventec
The Company’s raw materials are sourced from the suppliers. With a spirit of mutual benefit, we share our experience and collaborate to create a high-quality supply chain.
Communication/
Engagement Channels
and Frequency
- Inventec organizes sustainable supply chain forums and conducts questionnaire surveys on a regular basis.
- Inventec provides timely explanations on workplace safety and conducts on-site interviews as needed.
- Inventec responds periodically through the supplier website.
- Vendor exchange seminars and conferences are held periodically as needed.
Issues of Concern
- Occupational health and safety
- Sustainability vision and strategy
- Talent attraction and retention
Inventec’s Actions
- Inventec has obtained the certification of ISO 45001 Occupational Health and Safety Management System. Note 1
- In 2024, there were no serious occupational injuries involving suppliers, contractors, or dispatched workers. Note 2
- In line with the Company’s sustainability vision, all functional teams continue to implement their short-, medium-, and long-term goals toward 2030.
- In 2024, a total of 23,825 people were recruited, with an internal employee replacement rate of 2.72%.
- Note 1: Certified operating sites include IET, ITO, TAO, IPT, SQT, ICC, ICZ, IMX, IMP, ITH, IACP, IACJ, and IACV.
- Note 2: A serious occupational injury is defined as a work-related incident that results in death or causes a worker to be unable—or unlikely—to recover to their pre-injury health status within six months.
Importance to Inventec
Shareholders provide the primary source of working capital for the Company. In order to maximize shareholders’interests, Inventec manages its funding effectively and strives for mitigating its operational risks.
Communication/
Engagement Channels
and Frequency
- Information is shared through shareholders’ meetings, investor conferences, shareholder manuals, financial reports (monthly/quarterly), annual reports, the Company’s website, and news media on a regular basis.
- Inventec holds at least one shareholders’ meeting annually and conducts investor conferences quarterly.
Issues of Concern
- Climate change management
- Sustainability vision and strategy
- Business ethics
Inventec’s Actions
- Compared to the 2020 baseline year, Scope 1 and Scope 2 greenhouse gas emissions (market-based) decreased by 28.31% in 2024.
- Inventec has completed the formulation of sustainability vision, strategy, and short-, medium-, and long-term plans for functional teams.
- In 2024, there were no incidents or penalties related to corruption or unfair competition.
Importance to Inventec
Inventec maintains continuous interaction with the community, aiming to minimize the impact of its operational activities. Inventec is committed to building trust and fulfilling its social responsibility.
Communication/
Engagement Channels
and Frequency
Joining hands with the Inventec Group Charity Foundation, Inventec responds to community issues through the website, visits and telephone interviews, and participates in exchange activities periodically.
Issues of Concern
- Innovative R&D
- Digital empowerment
- Energy management
Inventec’s Actions
- R&D expenditure in 2024 amounted to NT$12.6 billion.
- Inventec successfully implemented 5G private networks and various Operational Technology (OT) applications.
- The renewable energy usage target is set to reach 40% by 2024. Note
- Note: Calculation formula: Renewable energy consumption / Total electricity consumption of plants using renewable energy.
Importance to Inventec
It is vital to maintain good interaction with the media as it serves as a crucial channel for communicating with stakeholders.
Communication/
Engagement Channels
and Frequency
- Inventec periodically collects news and responds to questionnaires.
- Important information is published on the Market Observation Post System and the Company’s website as needed.
- Participation in competitions and exhibitions.
- Social media management.
Issues of Concern
- Business ethics
- Labor rights and communication
- Risk management
Inventec’s Actions
- In 2024, there were no incidents or penalties related to corruption or unfair competition.
- The Company continues to implement mitigation measures of annual human rights due diligence.
- In 2024, the Company approved and amended the “Risk Management Policy and Procedures, and further enhanced its Enterprise Risk Management (ERM).
Importance to Inventec
It serves as an important channel for exchanging industry-specific information, which can help the Company enhance its competitive edge.
Communication/
Engagement Channels
and Frequency
- Inventec periodically collects reports from research institutes, arranges their visits and telephone interviews, and participates in surveys as needed.
- Project collaboration.
Issues of Concern
- Sustainability vision and strategy
- Digital empowerment
- Environmental sustainability
Inventec’s Actions
- Inventec has completed the formulation of sustainability vision, strategy, and short-, medium-, and long-term plans for functional teams.
- Inventec successfully implemented 5G private networks and various Operational Technology (OT) applications.
- TAO and ICC obtained UL 2799 platinum certification.
