Environmental, Social, Governance
A company's lifeblood lies in the judicious use of its power, for it is a company's mission to utilize its resources to be part of and improve consumers' lives to turn the future of humanity into the here and now. The same applies to implementing corporate social responsibility (CSR), which encourages the appropriate application of power rather than empty words. How does TCI implement CSR? We approach it from three angles. The first of these is TCI Academy, which emphasizes a human-centered approach to cultivating talent in three core areas—the biological sciences, the humanities, and the arts—and accomplishes these goals by encouraging a step-by-step process of reading, writing, thinking, and dreaming. The second angle is TCI's realization of a proper value-added cycle, in which discarded materials are recycled and efficient and eco-friendly environmental protection measures and equipment improvements are adopted to increase efficiency and achieve absolute ecological protection. For instance, the use of green energy on a large scale must be carried out in a practical, feasible manner to be effective. The third and last angle is employee care. We sincerely wish to invite our employees and friends into the TCI family and make them proud to be a part of TCI. In doing so, we can spread positive energy through these relationships. These actions may not be reflected in the company's stock price, but I believe they are the most appropriate way to use our power and capabilities. To us, CSR aims to bring the future to the present through the prudent and proper use of our abilities and qualifications.
TCI is committed to improving consumers' lives with its corporate mission of "join and delight consumer lives." Adhering to the principles of trust, innovation, and intelligence, we partner with suppliers and the value chain to create value for different stakeholders. TCI values sustainability, and the entire group is dedicated to improving corporate governance, promoting environmental sustainability, and promoting social prosperity. We have established sustainable operation guidelines based on the United Nations Sustainable Development Goals (SDGs), aligning with the 11 goals directly related to the company's operations. We continue to take concrete action on economic, environmental, ecological restoration, human rights, education, and integrity in our operations and throughout the value chain.
ESG Marketing Policy
1. Our product descriptions are always balanced and truthful, and we never make misleading comparisons with our competitors.
2. We base our information on scientific evidence and avoid exaggerating the environmental and social benefits of our products.
3. We comply with government consumer protection laws in the country where we operate.
4. TCI in regard to marketing communication toward vulnerable market segments (i.e children, market illiterates etc.), will endeavor not to mislead children, market illiterates etc. about potential benefits from the use of the product and service.
The ESG Committee promotes the sustainability affairs of TCI. The Chairman leads the ESG Committee, and 19 senior executives from all business divisions and centers serve as members. The Board of Directors at the highest level implements corporate governance, promotes a sustainable environment, fosters social care, and strengthens information disclosure to realize corporate social responsibility on four levels. The Chairman appoints ESG Committee members to represent each department's top executives to participate in and discuss ESG projects and provide cross-departmental resources. The Chief Sustainability Officer is responsible for planning the company's ESG strategy blueprint and action plans, setting sustainability goals, and allocating corporate resources, as well as working with the ESG Committee to plan and promote sustainability projects within the company, tracking the progress of implementation; make timely adjustments following international sustainability trends; and respond to the expectations of stakeholders. Under the President's Office, the Investor Relations and ESG Development Department are responsible for studying international trends in sustainable development, grasping stakeholder needs and identifying significant issues, proposing strategies to address or mitigate them, and presenting them to the ESG Committee. The ESG Development Department also prepares an annual Corporate Social Responsibility Report to address the economic, environmental, and social impact issues arising from its operations as one of the essential channels of communication with external stakeholders.
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