Ethical corporate management is the foundation of sustainable corporate operations. Chicony has established the Ethical Corporate Management Best Practice Principles and Code of Ethical Conduct based on the Responsible Business Alliance (RBA) standards, ISO 37001 Anti-Bribery Management System, and the Chicony Electronics Sustainable Development Best Practice Principles. These serve as guiding principles to promote ethical corporate management and the Core Value of Honesty. Related management regulations and systems have also been formulated, including the Anti-Collusion and Conflict of Interest Management Guidelines, Chicony Electronics Corporation Integrity Declaration and Undertaking, and a whistleblower system for ethical corporate management, all of which apply to the entire Chicony Group.
Chicony's ethical corporate management is led by the Human Resources Department at HQ, which is responsible for policy formulation, promotion, and communication, as well as assessing potential corruption risks. The Plant Administration Department supports implementation and audits at factory sites, while the Audit Office acts as the lead investigation unit. In both 2023 and 2024, Chicony reported no incidents of corruption, anti-competitive behavior, antitrust violations, or monopolistic litigation. Furthermore, no significant corruption risks were identified at any of Chicony's global locations.
| Scope of the Ethical Corporate Management Best Practice Principles and Code of Ethical Conduct | |
|---|---|
| Prohibition of Corruption and Bribery (Anti-Corruption) | Prohibition of Improper Benefits |
| Prohibition of Kickbacks and Commissions | Prohibition of Unfair Competition |
| Prohibition of Illegal Political Donations | Prohibition of Infringement of Intellectual Property Rights |
| Prohibition of Improper Charitable Donations or Unreasonable Gifts | Prevention of Harm to Stakeholders from Products or Services |
To effectively implement ethical corporate management and governance, and to enhance employee awareness for controlling fraud risks and preventing related illegal activities, we require external suppliers to sign the Chicony Electronics Corporation Integrity Declaration and Undertaking. Internally, we mandate that all employees sign the same declaration and complete a Conflict of Interest Disclosure Form. Both the control and signing rates reached 100%, and effectiveness assessments and self-checks were conducted. In 2024, we launched a sustainable supply chain project, in which ethical corporate management guidelines were designated as mandatory reading for raw material suppliers. Confirmation is carried out through the signing of the Chicony Electronics Corporation Supplier ESG Agreement.
Chicony Electronics conducts ethical corporate management training for both employees and suppliers, with core curriculum covering the Company’s Ethical Corporate Management Best Practice Principles and Code of Ethical Conduct and related requirements. By the end of 2025, the company began progressively migrating these training courses onto its newly implemented e-learning platform. This digital transition is expected to further enhance the reach and engagement of ethical management education across the organization.
2025 Ethical Corporate Management Education and Training Status
| Employees | Suppliers | ||||
|---|---|---|---|---|---|
| Sessions | Participants | Hours | Sessions | Participants | Hours |
| 47 | 1777 | 97 | 3 | 98 | 3 |
Notes:
- The data scope covers all global locations of Chicony.
- Integrity management promotion is carried out through training, with no additional promotional methods; therefore, the promotion situation is the same as the training situation.
Legal Compliance
Each risk management unit closely monitors relevant laws and regulations in accordance with its respective responsibilities and has established a legal affairs office. Collectively, they have developed a compliance assessment system for regulations and policies to facilitate the implementation of various standards. The Company follows the Robeco Sam Dow Jones Sustainability Index standards. Penalty events are disclosed when the fine exceeds US$10,000. In both 2023 and 2024, there were no significant violations. Additionally, there were two and one minor penalty incidents, respectively, each below this threshold, and these incidents were adjusted in accordance with regulations and in compliance with legal requirements.
