The Concept of Sustainable Development
Since its establishment, Groundhog Inc. has continuously upgraded its core technology as wireless communication technology has evolved globally, culminating in the era of 5G technology. We have been progressing towards our vision of “creating high-efficiency wireless communication network applications with positioning technology.” While we strive for continuous growth, we deeply understand that pursuing goals of sustainable operations requires the cooperation of stakeholders, including employees and customers, in addition to solidifying market competitiveness through technological development.
In response to the increasingly severe global climate change, and to mitigate risks and fulfill corporate social responsibility, our company established the “Corporate Sustainability Development Promotion Measures” on December 30, 2022. We formed a dedicated Corporate Sustainability Development Promotion Team, which includes members from the General Manager’s office and various departmental managers. The team is responsible for facilitating the allocation of resources and planning management methods for various sustainability initiatives. The General Manager ensures the implementation of relevant corporate sustainability responsibilities and continuously reviews and adjusts the implementation status and plans.
The Sustainability Development Promotion Team reports the execution of sustainability efforts to the Board of Directors annually. The Board receives reports from the management on the company’s operations and sustainability execution. The management presents the company’s strategic plans to the Board, which assesses the feasibility of these strategies and provides recommendations to the management as necessary.
We plan to establish a sustainable operating model that considers the environment (E), society (S), and governance (G), gradually practicing corporate social responsibility. Furthermore, we utilize telecommunications data analysis and precise positioning technology to assist customers in sustainable development during network deployment and optimization, aiming to create contributions and value for all stakeholders.
Sustainable Development Roadmap
| Schedule & Aspects | Short-term Goals (by the end of 2025) |
Medium-term Goals (from 2026 to 2028) |
Long-term Goals (from 2029 onwards) |
|---|---|---|---|
| Environmental Protection |
Raise awareness among employees about environmental protection | Raise awareness among company suppliers about environmental protection | Reduce annual electricity consumption by 1% per employee |
| Use energy-saving equipment when replacing old ones | Maintain a high local procurement rate | Continue to increase the local procurement rate | |
| Social Engagement |
Increase the proportion of internal training for employees | Strengthen international talent training | Increase the proportion of external training for employees |
| Continue to participate in charity-related associations | Continue to increase the retention rate of existing employees | Continue to increase the retention rate of new employees | |
| Corporate Governance |
Planning for listing company stock on Taiwan Stock Exchange | Improving the diversity of the Board of Directors | Continuously improving customer retention rate and achieve steady overall profit growth |
| Raise awareness among company insiders about stock ownership regulations | Continue to improve employees’ awareness of legal compliance | Continue to improve the diversity of the Board of Directors | |
| Increase the revenue contribution of existing customers and expand the customer base | Continue to increase information transparency | Implement the brand review mechanism to achieve responsible marketing |
Action Plan
| Aspect | Focus | Strategies and Paths |
|---|---|---|
| Environmental | Carbon Reduction | Advocating energy-saving and carbon reduction measures and encouraging colleagues to engage in. |
| Carbon Management | Implementing carbon assessments, recording office water and electricity consumption, and calculating carbon emissions. | |
| Social | Friendly Workplace | Hiring a diversified workforce, promoting gender equality, preventing sexual harassment, rejecting workplace bullying, and safeguarding the basic human rights of colleagues. |
| Employee Benefits | Conducting regular performance evaluations and salary adjustments, providing additional benefits beyond compensation. | |
| Workplace Safety and Health | Conducting regular building and fire equipment inspections, preventing workplace accidents, offering health check-ups for colleagues, and on-site medical services. | |
| Social Inclusion | Providing financial support to charitable organizations. | |
| Governance | Legal Compliance | Establishing corporate governance structures and implementing internal control mechanisms. |
| Corporate Governance | Overseeing the operations of the board of directors and functional committees, executing internal control systems, and managing intellectual property rights. | |
| Ethical Operation | Formulating the “Code of Ethical Conduct,” with the Corporate Sustainability Development Promotion Team responsible for developing and overseeing policies and prevention measures for ethical business conduct, and regularly reporting to the board of directors. |
For the implementation status of the promotion, please refer to the content on the following pages in the ESG section.
Risk Identification and Assessment
The company conducts risk assessments related to environmental, social, or corporate governance issues that are significant to the company’s operations, based on the principle of materiality. Subsequently, the company formulates relevant risk management strategies and measures in response to the assessed risks. The details are as follows:
| Assessment Items | Management Strategies and Measures |
|---|---|
| Innovation Management and R&D | The proprietary technologies developed by the company have been patented in Taiwan, the United States, Japan, the European Union, and other jurisdictions. A management system has been established to ensure the protection and effective utilization of patent and trademark rights. |
| Economic Performance | The company continues to develop new clients across different countries and regions while maintaining strong relationships with existing clients, aiming to secure renewals, upgrades, or expansion projects to ensure steady revenue growth. A budgeting system is in place, with periodic reviews of expenses and cost rationality to maintain profitability. |
| Corporate Governance | The company has established a corporate governance structure and implemented internal control mechanisms to ensure that all employees and operational procedures comply with relevant laws and regulations. Directors are covered by directors and officers liability insurance and are encouraged to continuously undertake corporate governance training to strengthen board functions. |
| Risk Management | The company identifies potential business risks and implements appropriate control mechanisms for each identified risk, such as risk monitoring systems and crisis response protocols to mitigate negative impacts. |
| Information Security and Privacy Protection | An information security management organization has been established, along with related policies and procedures. Regular disaster recovery drills are conducted for information systems. Security awareness training is provided to protect customer privacy. The company strictly enforces controls over the use of personal data, account management, and device security to enhance the protection of sensitive information. |
| Regulatory Compliance | Each department continuously tracks and analyzes newly enacted or revised regulations within its area of responsibility and formulates response strategies. Legal compliance education and awareness are promoted among all employees to ensure the company’s operations and practices align with applicable laws and regulations. |
| Product Quality and Safety | The company is ISO 9001:2015 certified for its quality management system. All products and services comply with governmental and industry-specific regulations. Marketing and labeling practices follow applicable laws and international standards. The company has implemented a “Code of Ethical Conduct” and “Procedures and Guidelines for Ethical Operations” to prevent harm to stakeholders. Product design incorporates features to protect customer privacy and complies with the Personal Data Protection Act and the EU General Data Protection Regulation (GDPR). A dedicated “Personal Data Protection Management Policy” has also been established. |
| Talent Attraction and Retention | The company offers a fair, reasonable, and competitive compensation system. Outstanding employees are eligible for annual salary adjustments and performance bonuses based on the company’s operational performance and individual contributions. In addition to comprehensive benefits, the company fosters a health-conscious and employee-friendly workplace. Support measures include parental leave, unpaid childcare leave, breastfeeding rooms for nursing mothers, and prayer rooms for Muslim employees—ensuring holistic employee care. |
| Talent Development and Training | The company provides a structured training program, including internal knowledge-sharing sessions and external professional training. Employees who complete external courses are encouraged to share their learnings internally to enhance overall professional capabilities, thereby contributing to both individual career development and the achievement of organizational goals. |
| Customer Service | The company primarily serves corporate clients, each of whom is assigned a dedicated account representative to handle product-related inquiries or complaints. Additionally, customers can leave feedback or requests via the company’s official website. These messages are directed to relevant personnel for resolution. These practices ensure the maintenance of high-quality customer service standards. |
Supplier Management Policy
Groundhog Inc. has established a “Supplier Sustainability Management Policy,” mandating that suppliers address various issues such as environmental protection, labor rights, safety, health, and sustainable development. New suppliers are required to sign the “Supplier ESG Commitment” and the “Supplier Code of Conduct.” For existing suppliers, the company annually selects key suppliers and sends them the “Supplier ESG Self-Assessment Questionnaire,” requesting them to conduct a self-evaluation of their sustainability practices and return the completed questionnaire for assessment. Suppliers with poor scores are provided with guidance on sustainable practices and are required to make improvements. If a re-evaluation after the implementation of corrective actions still results in non-compliance, the supplier will be replaced with a new one, and the business relationship will be terminated. Regardless of whether they are new or existing, all suppliers are required to meet sustainability requirements in occupational safety and health, labor rights, ethical business conduct, environmental protection, social responsibility, and community engagement, in addition to complying with relevant legal regulations.
Groundhog Technologies 2023 ESG Report
For our past ESG reports, please visit MOPS and make a inquiry with stock symbol: 6906 (Listed Companies / Digital and Cloud Services).