Best Technology, Better Future

Overview

ESG Management System
ESG Management System
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ESG Management System

ESG Vision

In order to respond to ESG risks systematically in collaboration with various stakeholders, LX Semicon is implementing ESG management under the vision ‘Best Technology, Better Future,’ setting ‘Think Green,’ ‘Winning Together,’ and ‘Be Trustworthy’ as its three strategic directions. Based on this vision and strategy, LX Semicon is striving to internalize and strengthen ESG management in cooperation with various stakeholders.

  • ESG Vision
    Best Technology, Better Future
    LX Semicon pursues a better future based on the best technology.
  • Strategic Direction / Strategy / Strategic Tasks
    • Minimizing environmental impact
      Think Green

      We focus on protecting the environment with stakeholders for a sustainable future.

    • Enhance environmental values for future generations
    • Participate in carbon related initiatives and reduction plans Enhance the environmental performance management system and the reliability of data Expand eco-friendly product designs
    • Sharing growth
      Winning Together

      We share our growth and success by promoting the value of mutual growth.

    • Expanding inclusive value for all
    • Establish an ESG risk management system for the supply chain Promote competency development, and diversity/ inclusiveness in the workplace Increase social contribution in line with the needs of local communities and businesses
    • Transparent business practices
      Be Trustworthy

      We build trust with stakeholders based on transparent governance.

    • Create sustainable ESG governance
    • Implement company-wide ESG strategies and systems Establish and manage an ESG disclosure system Create a culture that upholds ESG (Internalize ESG)
  • Strategy
    • Enhance environmental values for future generations
    • Expanding inclusive value for all
    • Create sustainable ESG governance
  • Strategic Tasks
    • Participate in carbon related initiatives and reduction plans Enhance the environmental performance management system and the reliability of data Expand eco-friendly product designs
    • Establish an ESG risk management system for the supply chain Promote competency development, and diversity/ inclusiveness in the workplace Increase social contribution in line with the needs of local communities and businesses
    • Implement company-wide ESG strategies and systems Establish and manage an ESG disclosure system Create a culture that upholds ESG (Internalize ESG)

ESG Governance

LX Semicon has established and operates a company-wide management system to manage various ESG risks that affect its business directly or indirectly. The Board of Directors, as the highest decision-making body, conducts deliberations and approves major issues related to ESG and internal transactions on a regular basis. The ESG Committee, established under the BOD in 2022, reviews, resolves, and oversees issues related to ESG, including internal transactions. The ESG Committee meets as often as necessary in addition to the semi-annual meetings, and reports to the BOD on issues reviewed or approved in accordance with the BOD's regulations.

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Activities of the BOD and ESG Committee
Meeting Date Agenda
Board of Directors 1st 2023.01.26 Approved Approval of occupational health and safety plans
4th 2023.04.20 Approved Appointment of ESG Committee members
5th 2023.07.26 Reported Report on the results of the ESG Committee meeting
- Report on the publication of the Sustainability Report
- Report on the results of ESG materiality assessment
- Report on the Carbon-Neutrality Roadmap
Approved Approval of self-transactions with affiliates, etc.
6th 2023.11.08 Reported Report on the results of the ESG Committee meeting
- Report on the implementation status of ESG management and plans
- Report on the 2023 self-transaction performance
Approved Approval of self-transaction with major shareholders, etc.
Approval for the renewal of LX trademark license agreement
ESG Committee 1st 2023.06.07 Reported 1. Report on the publication of the Sustainability Report
2. Report on the results of ESG materiality assessment
3. Report on the Carbon-Neutrality Roadmap
2nd 2023.07.24 Approved 1. Approval of self-transactions with affiliates, etc.
3rd 2023.11.03 Reported 1. Report on the implementation status of ESG management and plans
2. Report on the 2023 self-transaction performance
Approved 1. Approval of the aggregate limit on transactions with related parties
2. Approval of self-transaction with major shareholders, etc.
3. Approval for the renewal of the LX trademark license agreement