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LITEON Included on the Dow Jones Sustainability Indices
November 24, 2021 | LITEON TechnologyEstimated reading time: 2 minutes
LITE-ON Technology Corporation has been listed in both the "World Index" and the "Emerging Market Index" on the Dow Jones Sustainability Index (DJSI). This marks LITEON's 11th consecutive year of inclusion since 2011. The ranking demonstrates the company’s long-term efforts in environmental, social, and governance (ESG) and its sustainable performance has been highly recognized internationally.
The Dow Jones Sustainability Indices, issued by S&P Global, is one of the world's leading ESG performance rankings for publicly listed companies. The Dow Jones Sustainability World Index (DJSI World) is comprised of corporate leaders in global sustainability that represent the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index based on long-term economic and ESG factors.
According to 2021 CSA, LITEON ranked second in the global Computers & Peripherals and Office Electronics (THQ) industry and rated number one among Taiwanese companies. LITEON retains the lead in eight criteria including Materiality, Risk & Crisis Management, Policy Influence, Tax Strategy, Information Security/Cybersecurity & System Availability, Innovation Management, Environmental Reporting, and Social Reporting, with five of them scoring full mark. The recognition through the DJSI ranking is a testament to the company’s commitment to strong sustainability practices.
Anson Chiu, President of LITEON, stated that LITEON takes "Optoelectronic energy saving and environmental sustainability" as its core mission, continues to implement ESG strategy internalization into corporate management, and actively implements carbon management in its operations. On the other hand, we work with suppliers to promote the low-carbon transformation and strengthen the resilience of the sustainable supply chain. And with the circular economy model as the core, we work with suppliers to develop low-carbon sustainable materials and high energy conversion efficiency products to demonstrate LITEON’s green design capability and commitment to becoming the best partner in a sustainable value chain.
LITEON Technology has been selected for the Morgan Stanley (MSCI) ESG Leaders Index for eight consecutive years since 2014, rated as Prime status by the ISS ESG Rating, and has received the highest rating of "Leaderboard" in the 2020 CDP Supplier Engagement Rating (SER), included in the FTSE4Good Emerging Market Index and the FTSE4Good TIP Taiwan ESG Index, listed top ten in the 2021 Greater China Business Sustainability Index (GCBSI), and won the first prize of 2021 Corporate Social Responsibility Award from Global Views Magazine, the "Corporate Citizen Award" from CommonWealth Magazine for the 15 years in a row and the Named as top 10 Domestic Companies Sustainability Model Award (Manufacturing Industry), Corporate Sustainability Report Platinum Award, coupled with the Best Practice Awards of Climate Leadership, Circular Economy Leadership, and Supply Chain Leadership Award in 2021 Taiwan Corporate Sustainability Awards (TCSA).
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