Advantech Co Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

Regarding themanagement mechanism oftrade associations on climate change related engagement: In terms of managing participation in climate-change-related organizations and lobbying activities, Advantech's ESG Office screens and identifies public associations or non-profit organizations that align with the principles of sustainability and support the goals and spirit of the Paris Agreement. The office reports to senior executives responsible for sustainability issues, plan resource allocation, and participate in seminars, workshops, and lectures on climate change as planned. When necessary, relevant Advantech executives, including the members (such as CEO, Chairperson, President, and/or senior executives)of Sustainability Committee and the ESG Office, may participate in activities or initiatives related to climate change. Advantech actively engages in acquiring new knowledge on corporate sustainability and climate change, and collaborates with benchmark companies to strengthen its ability to fulfill the commitments outlined in the Paris Agreement. Advantech will cease supporting and engaging in any form of association or involvement if it is discovered that the chosen trade associations or non-profit organizations are inconsistent with our stance on climate change or do not align with the goals and principles of the Paris Agreement. Or the Advantech would release public statements distancing the Company from the misalignment, engagement with the trade associations with clear timelinesand an escalation process if unsuccessful. The review and monitoring process would conduct whenever new associations are joined and would encourage the trade associations, non profit organizations, non government organizations support the Paris Agreement through it lobbying, advocacy and public policy engagements based on the local context.

https://www.advantech.com/zh-tw/resources/news/advantech%E2%80%99s-statement-on-the-management-of-participation-in-climate-change-related-organizations