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▶️Letter from the Chairman of the ESG and Sustainable Development Committee
Since 2010, when I led YOSUN to join WPG Holdings, I have served as the Vice-Chairman of WPG Holdings. Until the end of 2020, the Group assigned me to be the Chief Sustainability Officer in order to enhance our competitiveness in sustainability, hoping to strengthen our actions and tasks in ESG sustainability. Since assuming office, we have gradually integrated the three dimensions of environment, governance and society into our operations through the operation of our governance mechanism, and I have led the Group to continue to deepen our commitment to the sustainability value proposition of "Sustainable Heritage l Selfless Sharing l Common Good" through practical actions, with the expectation that this will provide the Group with a source of motivation to move towards sustainability.
Promoting sustainable heritage with the core goal of seamless succession and happiness
At WPG Holdings, we have always valued talent and human resources development. We believe that the sustainable operations and growth of a company depends on the input of each and every employee, and that our core competitiveness is maintained by the concerted efforts of our employees. In order to ensure that the experience and industry know-how of our employees can be passed on steadily to provide continuous services to our customers and business partners, experience transfer within the organization is an important direction for the human resources development of WPG Holdings, accelerating the enhancement of human resources in various fields and allowing key talents to become corporate value creators. Therefore, starting from 2021, I have taken the lead in sharing my experience in workplace skills, concepts, management, communication and leadership, and talent development through small stories and big inspirations. In 2022, the Group further invited senior executives to serve as internal lecturers to systematically transfer and retain the wisdom and know-how of the organization and time-honored internal best practices through the establishment of a library of short video teaching materials.
We have completed 110 videos to the present day and expect to help our employees to quickly enhance their abilities and experience, and help them to continuously build and strengthen organizational learning and competitiveness in response to the rapidly changing business environment.
Altruism and selfless sharing
- [NCCU Supply Chain Management Program]
Since 2010, WPG Holdings has been working with the College of Commerce of National Chengchi University to sponsor and support the Supply Chain Management Program, which is now in its 12th year.
Since supply chain management is a cross-disciplinary management discipline and related courses are scattered among various departments in the College of Commerce, the College of Commerce of National Chengchi University hopes to integrate the existing course resources of various departments and create supply chain management courses that meet the market demand. In order to support the supply chain development strategy of WPG Holdings and to cultivate talents in the supply chain field, NCCU has partnered with WPG Holdings to develop a tailor-made program that combines academic education on supply chain management with practical sharing by corporate practitioners. This is envisaged to support the development of the supply chain strategy in Taiwan, and to cultivate talents in the supply chain field.
- [Management Intelligence Sharing Association (MISA)]
The purpose of MISA is to serve as a platform for sharing business wisdom and to serve as a bridge between supply and demand, allowing accomplished business gurus with an average of more than 30 years of experience in the industry to selflessly pass on their valuable business and life management wisdom to leaders of emerging and transformative businesses. In addition to expanding the scope of succession, it will also help to upgrade Taiwan's industries.
MISA has established the MISA Academy. which regularly holds a variety of courses, such as MISA Café Saloon, Guru Lecture, One-on-One Counseling, Strategic Private Council, and Guru Gathering. At present, a total of 54 experts/gurus have been gathered to share their business wisdom and practical experience to promote industry transformation and upgrade, as well as to connect resources and contacts. In recognition of and in support of the concept of the MISA, the Group has joined hands with the WPG Holdings Education Foundation to link up the forces of industry advancement.
- [Expanding the scope of external experience sharing]
As the Chief Sustainability Officer of WPG Holdings, I have accumulated more than 30 years of practical experience and management techniques With the goal of improving the overall industry capability, I have systematically and progressively produced short video teaching materials on management experience, not only for internal education and training, but also for sharing with external companies, so that our management experience can be extended to become an external corporate think tank. In addition, we will also selflessly pass on our practical management wisdom through the publication of business management books, external lectures and speeches, etc. In 2022, we held a total of 30 external lectures to maximize altruism and expand the scope of mutual benefit.
Create a win-win ecosphere, and work together with the industry for mutual benefit and integration
- [Taiwan Industrial Holdings Association]
The Taiwan Industry Holding Association (hereinafter referred to as TIHA) aims to bring into play the spirit of mutual benefit, allowing enterprises to pursue large-scale growth through collaboration and alliance, development and competition, and to increase exchanges and experience sharing with industry, government, and academia through the TIHA, and to promote the development of the business environment of the industry. Through analysis of the industry holding proposals, we propose relevant policy recommendations, hoping to promote more industrial cooperation or various strategic alliances in Taiwan to create a win-win ecosystem for the industry.
- [ESG Technology Innovation Promotion Alliance]
We recognize that the implementation of corporate social responsibility is no longer the traditional concept of philanthropic activities or single-point donations, but should be more focused on how to solve sustainability issues from our own industry and integrate our core competencies, while taking into account the environment and society, creating greater value and bringing meaningful impact to society.
To this end, WPG Holdings is playing a leading role, aiming to provide technology application solutions and FAE resources based on its own core competencies, and calling on its upstream and downstream partners, including LITE-ON Technology, Qisda Corporation, Advantech, SYSTEX Corporation, ADATA, and EDOM Technology, as well as its financial partner CDF Holding Corporation, to form the ESG Technology Innovation Promotion Alliance (hereinafter referred to as the Alliance), linking up the collaboration of the ecosystem and focusing on technology as the main axis. The IMV ESG Alliance aims to promote the IMV competition by focusing on the issues of agriculture, forestry, agriculture, fisheries, and livestock, as well as energy saving and carbon reduction.
As the main initiator of the Alliance, we have not only provided NT$4 million in funding support, but also raised over NT$20 million for the Alliance. Our internal senior executives and FAEs serve as judges and mentors for the IMV competition, providing advice and assistance to the participating teams; after the tournament, we continue to provide resources and counseling as needed, linking more cross-disciplinary cooperation.
- [WPG Ladies Open]
In the year 2020, on the 15th anniversary of the founding of WPG Holdings, we are concerned about the lack of opportunities for female golfers to showcase their talents due to the impact of the COVID-19 epidemic, and with the intention of working together with the industry, we have joined hands with like-minded upstream partners to launch a long-term initiative to support technical training, hoping to help develop unlimited possibilities for female professional players in Taiwan.
For three consecutive years, we have been the title sponsor of the WPG Ladies Open, providing a stage and resources for female golfers and nurturing promising new players by helping them to compete in a major international sporting event, demonstrating our social influence and the power of working together with the industry.
On the road to sustainability, we will continue to strengthen our core competitiveness, cultivate outstanding talents of WPG Holdings, create unique competitive advantages by carrying out our management philosophy, and strive to fulfill the expectations of our stakeholders, striving to create a sustainable future together with our industry partners on the premise that the Company, our colleagues, and our stakeholders can work together for the good of all.
Chairman of ESG and Sustainable Development Committee, WPG Holdings
K.D. Tseng