BOD performance assessment

Based on the “BOD Performance Assessment Regulations” amended in November 2019, the performance assessment of the board of directors (BOD), individual directors, the Audit Committee, and Remuneration Committee was completed in January 2021. The evaluation period was January 1-December 31, 2020.

The assessment results are as follows:

The average score of all major aspects is over 4.8 marks, suggesting the performance is good.

(Score range: 0-5, 5 is the highest. )

For directors to unfailingly assess and supervise the inherent or potential risks of USI, the BOD passed the “Risk Management Policy and SOP” in December 2020. Accordingly, the President’s Office shall provide, at least once a year, the risk assessment and future risk management program for the BOD to understand USI’s inherent risks and make more concrete recommendations for USI’s operational strategies at appropriate times.

Objectives Board of Directors
Self-assessment aspects
  1. Participation in the company’s operations.
  2. Improvement of the decision quality of the board of directors.
  3. Composition and structure of the board of directors.
  4. Selection and continuing education of directors.
  5. Internal control.
Assessment result Good

Functional Committees

Under the BOD, we have established three functional committees: Audit Committee, Remuneration Committee, and CSR Committee by competence to establish and review policies that relate to the responsibility and authority of each committee to strengthen corporate governance.

Name Audit Committee Remuneration Committee CSR Committee
Quintin Wu

Ko-shun Wang

(Deputy Committee Chief)
Chong Chen

(Convener)

Tyzz-Jiun Duh

(Committee Chief)
Ying-Jun Hai

(Convener)

CSR Committee

The term of the current committee commenced on June 12, 2020 and will end on June 11, 2023, with a total of four members including the chairman, president, Independent Director Tyzz-Jiun Duh and Independent Director Ying-Jun Hai.

Duties of the committee include:

  • Discussion and establishment of CSR policies.
  • Discussion and establishment of CSR strategy planning, annual plans and project plans.
  • Supervision of the implementation of CSR strategy planning, annual plans and project plans, and assessment of their performance.
  • Review of CSR reports.
  • Report of the annual CSR results to BOD every year.
  • Other assignments instructed by BOD.

The CSR Committee holds meetings at least two times each year. Two committee meetings were held in 2020, and the personal attendance rate was 100%.

Year 1st Meeting 2nd Meeting
2021
2020
2019
2018

We established three working groups for corporate governance, environmental protection, and social relations as shown below:

USI-CSR-Board of Directors and Functional Committees

CSR Committee Working Teams Annual Tasks and Next-Year Annual Plan

Item Major CSR achievements of 2020 reported to the Board of Directors 2021 CSR Work Plan
1 Continued the Kaohsiung Plant 5-Year Plan. Continued the Kaohsiung Plant 5-Year Plan.
2 Completed ISO 14064-1:2018 GHG inventory. Constantly promote energy management at the USI Building.
3 Completed the IDB’s smart energy management system. Win the “Factory Smart Energy Management Demonstration Guidance Program” for the USI Kaohsiung Plant .
4 Constantly promoted energy management at USI Building. 。 Constantly promote Industry 4.0 and AI capacity enhancement.
5 Won the “Top 50 Corporate Sustainability Report Awards”and “Platinum Corporate Sustainability Report Award” at the 2020 Taiwan Corporate Sustainability Awards (TCSA). Constantly promote green power development and assess the countermeasures for carbon fees.
6 Published the Chinese and English versions of the 2019 CSR Report. Participate in the TCSA or other CSR awards.
7 Other sustainability-related activities, such as the 2020 USI Cup Weight Loss Competition; energy conservation, carbon reduction, and power saving plan; and community care and social welfare activities. Publish the Chinese and English versions of the 2020 CSR Report.
8 Constantly engage in social welfare activities.