Commitments to Sustainable Development
Corporate Vision and Mission
PLANET has been deeply rooted in the network communication industry for 33 years and regards sustainable development as a cornerstone of its business strategy. Embracing a culture of mutual benefit, it channels its deep concern for economic, environmental, and social issues into rigorous corporate governance practices. We firmly believe that the value of a business does not lie in short-term profits, but in establishing symbiotic relationships with stakeholders. By fulfilling corporate commitments, environmental sustainability, and social participation, we are dedicated to achieving a value balance among stakeholders such as shareholders, employees, customers, and the supply chain, with the aim of enhancing the Company's broader and deeper social influence and increasing the value of sustainable development.
- Corporate Vision: Adhering to the business philosophy of "integrity, innovation, excellence, and sustainability," to become a global leader in network and communication product and technological innovations, connecting the world through network technologies, and co-creating sustainability through altruism.
- Corporate Mission: With its proprietary brand PLANET, the Company markets globally while steadfastly developing network communication equipment and solutions that are both innovative and sustainable to meet the needs of smart network applications. At the same time, continues to enhance the Company's ESG performance, creating sustainable value for mutual benefit.
Sustainable Development Blueprint
In response to the changes and challenges of the global situation, we have transformed ESG core indicators into practical pathways, deeply embedding the United Nations SDGs and the spirit of corporate social responsibility into our business strategies. We have set specific phased goals and strategies to promote sustainable practices across economic, governance, environment, and society aspects.
This blueprint is not only our action guideline but also our proactive response to global sustainability issues. We are committed to jointly realizing the long-term vision of economic, social, and environmental co-prosperity, ushering in a new chapter of mutual benefit for corporate and societal sustainability.
Sustainability Policy
Sustainability Commitments
| Integrity Governance | Uphold the highest ethical and legal standards by maintaining rigorous anti-corruption policies and transparent decision-making processes to preserve corporate integrity. |
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| Healthy Workplace | Create a safe and healthy workplace with zero tolerance for discrimination and harassment, and provide comprehensive occupational safety protection and employee support programs. |
| Human Rights Protection | Adhere to international human rights and labor standards to protect the legal rights and privacy of employees, and extend these principles to supply chain partners. |
| Green Innovation | Committed to the R&D of low-carbon and circular economy solutions, empowering society's low-carbon transition through green design and intelligent technology. |
| Sustainable Supply Chain | Establish a sustainable procurement mechanism and collaborate with suppliers to promote low-carbon transformation, ensuring compliance with Environment, Society, and Governance standards. |
| Information Transparency | Ensure that financial and sustainability disclosures are timely, complete, and comply with international standards, resolutely preventing insider trading to maintain market trust |
| Value Co-creation | Establish smooth communication channels, actively respond to stakeholder expectations, and pursue long-term stable business performance and shared value. |
| Social Inclusion | Long-term investment of resources in supporting the disadvantaged and cultural rooting efforts to promote social equity and inheritance from generation to generation through corporate power. |
| Asset Protection | Strictly protect the company's intellectual property, trade secrets, and personal data, and build resilient information security protection and digital governance systems. |
| Responsible AI | Develop artificial intelligence applications based on the principles of safety, transparency, and explainability, establishing a comprehensive framework from governance and ethics to risk management. |
Sustainable Development Governance Framework
◾ 【Management Level】Sustainable Development Committee
PLANET’s Sustainable Development Committee, a functional committee of the Board of Directors, is the company's top unit in charge of its sustainable development issues. The committee has five members, including four independent directors. The Committee sets the sustainability plans and goals of the Company after considering the global ESG topics, material issues for stakeholders and industrial development trends.
The Company takes a strategic, long-term approach to regularly review the accomplishment of goals and its performance. The Committee reports to the Board of Directors on the Company’s practices and performance of corporate sustainable development at least twice a year, with the aim to comprehensively optimizing its ESG policy and implementation performance.
◾ 【Operations Level】Sustainability Team．Sustainability Office
At the operational level, PLANET has a “Sustainability Team”, a cross-functional work group led by the Chief Sustainability Officer to implement sustainable policies and objectives, formulates sustainable development strategies and plans and executes these plans. On the other hand, the “Sustainability Office” is responsible for promoting the practices of sustainable plans and compile the results and performance in PLANET’s sustainability annual report. PLANET Sustainability Team reports to the Sustainable Development Committee of the Board at least twice a year on the implementation of the Company’s sustainable development plans and performance.
