Charter and Policies

Dedicated personnel in General Manager Office and respective departments are designated to hold concurrent post to execute strategies of corporate sustainability and ethical management, review result, and report to the board on a periodic basis. corporate sustainable development committee organization chart and each authority is shown below:

CSR organization chart and each authority

Corporate Sustainability Philosophy

Sustainability and Corporate Social Responsibility are what Holy Stone strives for. These goals are also forces that raise our society.

Holy Stone Enterprise values information transparency and focuses on corporate governance. We established a remuneration committee under our Board. Its goal is to assist the Board on governing remunerations, assessing and supervising the director and manager remunerations to ensure its fairness and rationality.

The flood of disasters made the world reflect on how we are using energy. Do we cherish what we have or do we exploit it? Can we protect the earth from further harm? Looking back at 2011, our manufacturing department continuously implemented environmentally-friendly practices. Not only did the amount of water reuse increased and waste water discharge decreased, electricity usage was also lowered, which equals to a decreased emission of CO2. At the same time, exhaust gas treatment equipment, regenerative catalytic oxidizer (RCO), has also started operating. This will further lower the impact of exhausts on air quality.

To fight the global weather change, reduce greenhouse gas emission and fulfill corporate social responsibility; the Greenhouse Gas Emissions Reduction Goal was set to be 2024 reduction of greenhouse gas per million products decrease by 10% in comparison to the base year (2019).

The Company pays great attention to employee welfare, health and safety. Through complete management on health and operating environment, the frequency of injuries and its severities have greatly improved year after yeat. We hope to achieve zero injuries in the near future.

Since the establishment of Holy Stone Foundation, our colleagues have turned love into practical actions caring for the earth (the wetland ecosystem volunteers) and the society (nursing home volunteers). We believe that, through giving, we can experience a greater appreciation and we can also better protect the environment and minorities.

With the development and growth of Holy Stone Group, we come to realize that only through implementing corporate social responsibility, can we create a better future for the community.

Holy Stone Corporate Sustainability Policy

Fulfilling Corporate Social Responsibility and implementing ESG are important business strategies of Holy Stone. We have implemented the RBA Code of Conduct into our operational strategy; together every person in Holy Stone will strive to achieve the goal of corporate sustainability:

A. Follow the Laws and Respect Business Ethics:

1. Honesty and Integrity: Promote integrity introspection, avoid violation of laws, engage in collusion, or seek illegal benefits;

2. No Improper Advantage: Bribes are not to be given or accepted, nor use method which violate business ethics to gain profit or cause profit of interest;

3. Information Transparency: Fully disclosure on corporate activities, corporate governance, organizational structure and financial condition with transparency and accuracy;

4. Intellectual Property Rights: Comply intellectual property agreements with partners, protect intellectual properties, and no arbitrarily disclose to others;

5. Fair Business Practices: Promote fair competition, treat customers with respect and equality, and comply contract agreements with customers. To gain benefits from monopoly and collusion is forbidden;

6. Identity Protection: Stakeholders are encouraged to propose feedback and suggestion; their identities are not to be revealed or face retaliation, also other rights are protected.

B. Follow relevant law, engage in environmentally-friendly practices and create a green corporation:

1. Green Product: Develop eco-friendly products to minimize impacts on the environment;

2. Green Production: Continue to improve manufacturing process to reduce waste emissions. No conflict minerals can be used in production;

3. Green Education: Promote environmental education to improve the quality of living.

C. All operation units regardless of geographic area must be in compliance with key international human rights standards and applicable labor-related laws:

1. No Forced Labor: Prohibited to charge fees, deposit, detain identifications from workers. Involuntary or exploitative prison labor, debt bondage or indentured labor, slavery or trafficking of persons shall not be used;

2. Prohibition of child labor: Child labor is forbidden. Child labor review mechanism is established, as well as the protection method when misuse;

3. Wages and Working Hours: All working hours, wages, vacation and benefits comply with the regulations;

4. Humane Management: We respect our workers, thus no inhumane treatment are used. Company also provides career planning from both the enterprise and individual;

5. Non-Discrimination: Company shall not engage in discrimination based on age, gender, religion, race, political affiliation...etc. Every worker or applicant shall not face discrimination or harassment;

6. Freedom of Association: Respect employees' rights to join association and do negotiations freely.

D. Through occupational risk control, we provide our employees safety training and protective equipments, evaluate the risk of harm establishment at workplace, also maintain Health & Safety Management System; provide our employees a safe work environment.

E. Caring for the minorities through encouraging employees to participate in community services.

F. Fulfill corporate governance, actively create the value of the company, and increase stockholders equity; aiming continuous improvement and sustainable development!

We will focus on new topics and trends to adjust our commitments, for further information, please refer to the Company's website.