Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]AUO values the governance function of the senior management in sustainable topics and reports the annual achievements in sustainability to the Board of Directors every year. We have included climate change-related topics such as adjustments to the organization's operations and future long-term carbon reduction goals in the report.
AUO launched a two-axis transformation in 2021 in the hope of letting the world know that we are more than just a display panel manufacturer. Faced with global climate change, we will also align our sustainability strategy with the Company's development strategy; while developing high-quality products, we also strive to achieve the objective of "Advancing towards Net Zero and low-carbon transformation".
In response to the global carbon reduction trend's impact on AUO's operations, we should adopt a total upgrade strategy involving business transformations and profit transformation; and we believe business opportunities for green display solutions are ubiquitous.
AUO's climate strategy is centered on 6 major dimensions as the cornerstone. The Board of Directors and the ESG and Climate Committee form the key decision center for responsible governance. Supported by a sound financial system, AUO can realize a science-based, international initiative recognized zero-carbon development approach and capitalize on low carbon opportunities. We have also founded the Sustainability Academy to cultivate talents.
Digitization is the key to transformation, so we have deployed the carbonization digital database to synchronize carbon footprint data, which in turn serves as a tangible reference for managing the decision-making process across all levels of the Company. Through various action plans, AUO will continue to improve the resilience of our corporate operations, turning climate risks into low carbon opportunities.