Philosophy and Goals

After operational transformation, organizational restructuring and other changes in the past few years, PSMC has fulfilled its promise to more than 320,000 shareholders by completing its stock listing in December 2021. In addition to balancing the relationship among stakeholders, society and the enterprise, PSMC has integrated our four major principles of corporate values into the core of our business philosophy. Through enhancing corporate governance, pursuing stakeholders’ balanced interest, devoting to implementing environmental protection and energy conservation and contributing to society, PSMC will do its best to establish a model of sustainable development and to fulfill our mission of being a responsible corporate citizen.

  • 100 %

    None Corruption

    None Occurrence of corruption.

  • 100 %

    None Anticompetitive

    None Anticompetitive practices.

  • 28.98 %

    Net Income Growth

    Net income growth compared to the previous year.

Business Philosophy
  • Externally: Stay professional, Keep promises, Create mutual benefit
  • Internally: Open communication, Practical, Accept challenges

 

Mission
  • Establish efficient management teams; provide customers with quality products and services to improve people’s quality of life; and maximize the interests of investors, shareholders and employees alike.

 

Corporate Sustainability Committee Organization

Organization and Function

PSMC listed on the stock market in December 2021. In order to fulfill its corporate social responsibility, promote economic, environmental and social progress, and achieve the goal of sustainable development, the Board of Directors approved the establishment of the "Corporate Sustainability Development Committee” and the “ESG Committee” on February 8, 2022, serving as the dedicated units for promoting sustainable development. In order to deepen the corporate sustainable development, the third meeting of the 9th Board of Directors held on September 25, 2012 passed a resolution to reorganize the sustainable governance structure and replace the original Corporate Sustainability Development Committee with the Audit Committee to assist the Board of Directors in supervising the promotion of the company's sustainable development and regularly report to the board of directors. At the same time, the ESG Committee was renamed to Corporate Sustainable Development Committee. The Corporate Sustainable Development Committee has E, S, and G implementation groups, which are composed of heads of relevant units assigned by the corporate president to facilitate the implementation of relevant plans.

 

 

 

Operating Status in 2023

The Corporate Sustainable Development Committee (previously known as the ESG Committee) has held four meetings in 2023. The results were presented to the Board of Directors. The relevant report dates and contents are:

 

Date

Content

Aug. 8, 2023

Report on the situation of the communication between company and the stakeholders

Dec. 19, 2023
  • Review the implementation of sustainable development in the current year
  • Identify sustainable development themes according to their significance and formulate future execution strategies and goals

 

The company's board of directors reviews the report of the management team, evaluates the possibility of success of the strategy, evaluates the progress of the strategy regularly (or as the case may be), and urges the management team to make adjustments when needed.