In response to the global drive towards "2050 Net Zero" and biodiversity goals, as well as the pressing realities of climate change, it is essential for enterprises to consider the following when developing sustainability strategies:

I. Adapting to domestic and international regulatory changes, sustainability trends, and management indicators;
II. Anticipating the risks and opportunities of climate change on operations and formulating effective response strategies;
III. Integrating ESG (Environmental, Social, and Governance) principles into operational strategies. 

     Only through long-term coexistence with the global environment can we achieve balanced, sustainable development for the environment, society, and the enterprise.

     Guided by international regulations and sustainability frameworks, we are committed to continuous improvement, formulating specific environmental management indicators and prudent business strategies. We recognize that innovation and niche products are vital assets for long-term sustainability. In 2023, we expanded our material sustainability topics, adding "R&D and innovation" to the 11 items identified in 2022. This holistic approach strengthens our ability to identify and address sustainability issues. Through our ESG report, we regularly assess our sustainability goals and performance, refining our strategy for the continued sustainable operation of CCSB. The report also allows us to transparently communicate our ESG achievements to all stakeholders.

Corporate Governance

     CCSB has established a robust corporate governance framework, with an effective internal control system to ensure compliance with laws and regulations, uphold our corporate culture, and promote transparency. Our goal is to protect the rights of shareholders and stakeholders while enhancing corporate accountability.

 Environmental Commitment

     As a responsible corporate citizen, we are committed to addressing the challenges of climate change. In 2023, we actively promoted energy conservation and environmental protection measures aimed at improving energy efficiency, reducing water consumption, and minimizing waste:
I. Total environmental protection expenditure in 2023: TWD 65.95 million;
II. Energy-saving measures resulted in 510,058 kWh of electricity saved, equivalent to reducing 251.969 metric tons of    CO2e emissions;
III.The vacuum pump water recycling project is expected to save 42,000 metric tons of water annually;
IV.20.09% of industrial waste was transferred for reuse by our suppliers.

     To better manage our greenhouse gas (GHG) emissions, we completed a comprehensive inventory of GHG emissions in accordance with ISO 14064-1:2018. This expanded our scope from the four items reported annually (Scope 1 and Scope 2) to 36 significant emission sources across Categories 1 to 6. This inventory was certified by TUV-NORD in May 2024.

Commitment to Quality

     As one of Taiwan’s leading API manufacturers, CCSB continuously improves and rigorously implements cGMP standards and production regulations that meet the stringent requirements of authorities and customers in the U.S., European Union, and Japan. We remain dedicated to providing high-quality products and services, aiming to become "one of the most trusted API suppliers in the world.”

Employee Development

     Our employees are the cornerstone of our success. CCSB offers competitive remuneration and fosters employee growth through fair opportunities, talent development, performance management, and a wide range of education and training programs. We also emphasize work-life balance and are committed to building an inclusive, diverse, and innovative workplace. To further strengthen employee engagement, we introduced an employee share ownership trust, inviting employees to become long-term shareholders and share in the company’s success.

Social Responsibility

     CCSB adheres to the principle of “what is gained from society should be given back to society.” In 2023, under the theme "Embrace Life," we focused on supporting the elderly, cross-generational families, and disadvantaged groups in rural areas. We actively participated in social welfare initiatives, using the Social Return on Investment (SROI) model to assess the value created by our efforts. This approach ensures we maximize the positive impact of our future social welfare activities.

Looking Ahead

     CCSB remains committed to complying with international laws, reducing energy consumption and emissions, using green technologies, and raising environmental awareness. We will continue to uphold our responsibilities in environmental sustainability, social welfare, and corporate governance while maintaining the well-being of our employees with integrity and pragmatism. Our goal is to become a global contributor to environmental sustainability, a leader in social welfare, and a trusted name in the API manufacturing industry.

                                                                                                          
                                                                                     Chairman