- Governance Structure
- Board of Directors
- Committees
- Internal Audit
- Major Internal Policies
- Evaluation Content
- Ethics implement
Board of Directors is the core of APEX corporate governance system, provides strategic guidance for the operation of the Company and oversees the business performance of the Company's management.
As the role of highest governance organization, there were three independent directors in the BOD, and through the Remuneration Committee, the Audit Committee and the Independent Internal Audit section to ensure that the company's business practices comply with the relevant laws and regulations and implement the following corporate governance objectives:
1 Establish an effective corporate governance framework.
2 Protect the rights and interests of shareholders.
3 Strengthen the powers of the board of directors.
4 Respect the rights and interests of stakeholders.
5 Enhance information transparency.
•To protect shareholders' rights and interests and ensure their equal treatment, the Company already set up rules of “Insider trading management” in the Internal Control System prohibiting company insiders obtain any benefits from trading securities using information not disclosed to the market.
•The independent directors, CPA and internal audit manager of Apex will hold a meeting to discuss and exchange their opinions on the topic of financial report and financial/business status by quarterly frequency before BOD meeting, and propose to BOD meeting for discussion and approval.
| Subject | Time | Location | Participant | Conclusion |
|---|---|---|---|---|
| Second Quarter, 2017 Internal Audit Report | 9-Aug-17 | Taipei / Thailand meeting room video conference call | Three independent directors and IA manager. | The result of IA report is no significant finding for operating risk was found. |
| First Quarter, 2017 Internal Audit Report | 10-May-17 | Taipei / Thailand meeting room video conference call | Three independent directors and IA manager. | The result of IA report is no significant finding for operating risk was found. |
| Fourth Quarter, 2016 Internal Audit Report | 15-Mar-17 | Taipei / Thailand meeting room video conference call | Three independent directors and IA manager. | The result of IA report is no significant finding for operating risk was found. |
| New auditing Standards of No.57 and NO.58 | 13-Dec-16 | Taipei / Thailand meeting room video conference call | Three independent directors and IA manager. | Since fourth quarter financial report of 2016 will adopt new auditing standards . |
| Third Quarter Internal Audit Report | 11-Nov-16 | Taipei / Thailand meeting room video conference call | Three independent directors and IA manager. | The result of IA report is no significant finding for operating risk was found. |
| Second Quarter Internal Audit Report | 8-Aug-16 | Taipei / Thailand meeting room video conference call | Three independent directors and IA manager. | Since fourth quarter financial report of 2016 will adopt new auditing standards . |
| First Quarter Internal Audit Report | 4-May-16 | Taipei / Thailand meeting room video conference call | Three independent directors and IA manager. | The result of IA report is no significant finding for operating risk was found. |
The performance Evaluation of APEX Board of Directors
| Directors Introduction | ||
|---|---|---|
| Chairman | Wang, Shu-Mu | (Chinese) |
| Apex Circuit(Thailand) Co., Ltd. Chairman Approach Excellence Trading Ltd. Chairman |
||
| Director | Chou, Jui-hsiang | (Chinese) |
| Hong Kong Kayue Group Limited Purchasing General Manager Hong Kong Kayue Group Limited (Thailand) Vice Chairman Kaohsiung Kaen Technology Co., Ltd. R&D VP、Marketing VP |
||
| Director | Lan, Chia-Chen | (Chinese) |
| Thinking Electronic Industrial Co., Ltd. VP Foxlink Image Technology Co., Ltd. Manufacturing VP Kaen Technology Co., Ltd. Manufacturing VP |
||
| Director | Cheng, Yung-Yuan | (Chinese) |
| Kaen Technology Co., Ltd. (Thailand) Sales VP Kaen Technology Co., Ltd. Procurement Associate Manager、R&D Manager Digital Equipment Corporation R&D Officer |
||
| Director | Shohara Masashi | (Japan) |
| Hiroshima Shudo University Humanities Faculty English Literature Department Shibaura Electronics Co.,Ltd.Manager Volex Cable Assembly(Shenzhen)Co.,Ltd.Manager |
||
| Director | Smokiat Krajangjaeng | (Thailand) |
| Siam University Mechanical Engineering Department Samut Sakhon Hospital Technician Siam Unisoal Co., Ltd. Supervisor |
||
| Director | Wu, Sen-Tien | (Chinese) |
| Apex International Co., Ltd. Strategy officer | ||
| Director | Lee,Shun-Chung | (Chinese) |
| Unimicron Technology Corporation. Business Manager | ||
| Independent Director | Su, Chau-Chin | (Chinese) |
| The Ministry of Education Advisory Office adviser National Chiao Tung University Electrical and Computer Engineering . Department head National Central University Electrical Engineering Department.Professor National Science and Technology Program for System-on-Chip CEO National Chiao Tung UniversityMicroelectronics and Information Systems Research Center deputy director |
||
| Independent Director | Chen,Yung-Tsai | (Chinese) |
| Credit Suisse AG, Taipei Bank Branch Director Credit Suisse Securities Investment Advisory Co., Ltd. General manager |
||
| Independent Director | Jesadavat Priebjrivat | (Thailand) |
| MFC Asset Management Public Company Limited Senior Executive Vice President and Chief Investment Officer KGI Securities Public Company Limited Senior Executive Vice President Asian Development Bank Advisor and Specialist |
Election of Directors
According to APEX’s Memorandum and Association, The Directors may adopt a candidate nomination mechanism which is in compliance with Applicable Public Company Rules. The rules and procedures for such candidate nomination shall be in accordance with policies established by the Directors and by an ordinary resolution from time to time, which policies shall be in accordance with the Law, the Memorandum, the Articles and the Applicable Public Company Rules. For so long as the shares are listed on the TPEx or TWSE, subject to the requirement of the competent securities authority in the ROC, such candidate nomination mechanism in compliance with Applicable Public Company Rules shall also be used for an election of Independent Directors, provided that it is required by the competent securities authority in the ROC.
According to APEX's Memorandum and Association ,the Article 192-1 of the R.O.C. "Company Law"and this proposal has been approved by the Board of Director on 10 March, 2016. APEX announced on March 16, 2016 the period for accepting the nomination of director candidates, the number of directors (including independent directors) to be elected, the place designated for accepting the roster of director nominees, and other necessary matters. Any shareholder holding 1% or more of the outstanding shares of the Company may nominate candidate(s) for directors in writing, provided that the total number of director/independent director nominees shall not exceed the number of the directors/independent directors to be elected. Any shareholder qualified to so nominate may submit to the Company the name(s) of the director nominee(s), and shall send, during the nomination time period from April 1 to April 11, 2016, the name, education background and work experience of the nominee(s), a letter signed by each nominee consenting to act as director/independent director if elected, a written statement issued by each nominee assuring that he/she is not prohibited from so acting under any of the circumstances set forth in Article 30 of the R.O.C. "Company Law", and other relevant documents signed and provided by each nominee to APEX via registered post sent to the following address: 5F-3., No.205, Dunhua N. Rd., Songshan Dist., Taipei City 105, Taiwan (R.O.C.)
The Board of Directors reviewed and approved eleven candidates for Board of Directors on 4 May,2016, including：Mr. Wang, Shu-Mu, Mr. Chou, Jui-hsiang, Mr. Lan, Chia-Chen, Mr. Cheng, Yung-Yuan, Mr. Shohara Masashi, Mr. Smokiat Krajangjaeng, Mr. Wu, Sen-Tien、 Mr. Lee, Shun-Chung、 Mr. Su, Chau-Chin（Independent Director）、 Mr. Chen,Yung-Tsai（Independent Director）, Mr. Jesadavat Priebjrivat（Independent Director），These eleven candidates for Board of Director will stand for election at APEX's Annual General Meeting on June 15, 2016.
APEX's fourth Board of Directors was elected at APEX's 2016 Annual Shareholders' Meeting, their academic backgrounds and experiences are listed in the table below:
| Name | Education & Professional Qualifications | Major Past Positions | Current Positions |
|---|---|---|---|
| Wang, Shu-Mu Director |
SooChow University Business Mathematics Department | Apex International Co., Ltd. Chairman Apex Circuit(Thailand) Co., Ltd. Chairman Approach Excellence Trading Ltd. Chairman |
Apex International Co., Ltd. Chairman Apex Circuit(Thailand) Co., Ltd. Chairman Approach Excellence Trading Ltd. Chairman |
| Chou, Jui-hsiang Director |
Aletheia University International Business and Trade Department | Hong Kong Kayue Group Limited Purchasing General Manager Hong Kong Kayue Group Limited (Thailand) Vice Chairman Kaohsiung Kaen Technology Co., Ltd. R&D VP、Marketing VP |
Apex International Co., Ltd. Director、General manager Apex Circuit (Thailand) Co., Ltd. Director、CEO |
| Cheng, Yung-Yuan Director | National Kaohsiung University of Applied Sciences Electronic Engineering Department | Kaen Technology Co., Ltd. (Thailand)Sales VP Kaen Technology Co., Ltd. Procurement Associate Manager、R&D Manager Digital Equipment Corporation R&D Officer |
Apex International Co., Ltd. Director Apex Circuit (Thailand) Co., Ltd. CBO |
| Lan, Chia-Chen Director | Cheng Shiu University Electronics Department | Thinking Electronic Industrial Co., Ltd. VP Foxlink Image Technology Co., Ltd. Manufacturing VP Kaen Technology Co., Ltd. Manufacturing VP |
Apex International Co., Ltd. Director Apex Circuit (Thailand) Co., Ltd. Director、EVP |
| Shohara Masashi Director |
Hiroshima Shudo University Humanities Faculty English Literature Department |
Shibaura Electronics Co.,Ltd. Manager Volex Cable Assembly(Shenzhen)Co.,Ltd. Manager |
Apex International Co., Ltd. Director Apex Circuit (Thailand) Co., Ltd. Marketing VP |
| Smokiat Krajangjaeng Director |
Siam University Mechanical Engineering Department | Siam Unisoal Co., Ltd. Supervisor Samut Sakhon Hospital Technician |
Apex Circuit (Thailand) Co., Ltd.VP |
| Wu, Sen-Tien Director | National ChengChi University Department of Money and Banking | Apex International Co., Ltd. Strategy officer | Apex International Co., Ltd. Strategy officer |
| Lee,Shun-Chung Director | National ChengChi University Department of Business Administration | Unimicron Technology Corporation. Business Manager | Apex Circuit (Thailand) Co., Ltd.VP |
| Su, Chau-Chin Independent Director | Wisconsin Madison University USA Doctor of Philosophy | The Ministry of Education Advisory Office adviser National Chiao Tung University Electrical and Computer Engineering . Department head National Central University Electrical Engineering Department.Professor National Science and Technology Program for System-on-Chip CEO National Chiao Tung UniversityMicroelectronics and Information Systems Research Center deputy director |
National Chiao Tung University Electrical and Computer Engineering .Professor |
| Chen,Yung-Tsai Independent Director | Tatung University Master of Business Management | Credit Suisse AG, Taipei Bank Branch Director Credit Suisse Securities Investment Advisory Co., Ltd. General manager |
Celxpert Energy Corporation. Director |
| Jesadavat Priebjrivat Independent Director |
New York University USA Master of Business Administration George Washington University USA Master' of Engineering Administration |
MFC Asset Management Public Company Limited Senior Executive Vice President and Chief Investment Officer KGI Securities Public Company Limited Senior Executive Vice President Asian Development Bank Advisor and Specialist |
Apex International Co., Ltd. Independent Director Apex Circuit (Thailand) Co., Ltd. Independent Director |
| Audit Committee |
|---|
| The Audit Committee of the Company (the Audit Committee), composed of all three of the independent directors, has been established in order to enhance the corporate governance, to refine the internal audit and to strengthen the management. The purpose of the Audit Committee is to help the Board of Directors execute its responsibility in supervision on such categories as the financial statements, the audit and accounting policy and procedure, the internal control code and other major items as stipulated by related companies or the regulatory authorities. Please consult APEX's Annual Report for the relevant year for the number of meetings convened and each member's attendance rate. |
| Remuneration Committee |
|---|
| The Remuneration Committee assists the Board in formulating Apex's compensation and benefits policies, and in the evaluation and review of compensation-related matters. The Committee was comprised of two independent directors Mr. Su, Chau-Chin, Mr. Jesadavat Priebjrivat and NTU accounting department emeritus professor Mr. Tsay, Yang-Tzong. The Chair, Mr. Su, Chau-Chin is an independent director. The Committee meets at least twice per year. Please consult APEX's Annual Report for the relevant year for the number of meetings convened and each member's attendance rate. |
| Name | Audit Committee | Remuneration Committee |
|---|---|---|
| Su, Chau-Chin (Independent Director) |
V(Chair) | V(Chair) |
| Chen,Yung-Tsai (Independent Director) |
V | |
| Jesadavat Priebjrivat (Independent Director) |
V | V |
| Tsay, Yang-Tzong | V |
Internal Audit office is under BOD in Apex’s organization and report to BOD meeting directly. We have full time internal auditors who were follow the qualification requirements of laws.
The internal auditors make the annual audit plan according to the risk assessment and propose the annual audit plan for the approval of Audit Committee and BOD meeting.
The Company perform full self-assessments of its internal control system. Its board of directors and management review the results of the self-assessments by each department at least annually and the reports of the internal audit department on a quarterly basis. The audit committee attend to and supervise these matters. Audit committees periodically hold discussions with their internal auditors about reviews of internal control system deficiencies. BOD meeting will approved and issue the Internal Control System Statement annually according to the result of self-assessments.
Apex set up internal audit personnel according to the business scope of each company in the Group. Now there is one internal auditor in Parent company Apex Internal Co., Ltd and two internal auditors in Thailand main enterprise Apex Circuit(Thailand) Co., Ltd full time in charge of internal audit work.
Organization chart:
Function:
1. Set up company internal control system and amendment affairs.
2. To proceed internal audit work per the annual audit plan.
3. Preparing internal audit report, providing improve action suggestion and follow up the audit findings improvement status. Report it to independent directors, Audit Committee and BOD meeting of the company.
The internal auditors make the annual audit plan according to the risk assessment and propose the annual audit plan for the approval of Audit Committee and BOD meeting.
The Company perform full self-assessments of its internal control system. Its board of directors and management review the results of the self-assessments by each department at least annually and the reports of the internal audit department on a quarterly basis. The audit committee attend to and supervise these matters. Audit committees periodically hold discussions with their internal auditors about reviews of internal control system deficiencies. BOD meeting will approved and issue the Internal Control System Statement annually according to the result of self-assessments.
Apex set up internal audit personnel according to the business scope of each company in the Group. Now there is one internal auditor in Parent company Apex Internal Co., Ltd and two internal auditors in Thailand main enterprise Apex Circuit(Thailand) Co., Ltd full time in charge of internal audit work.
Organization chart:
Function:
1. Set up company internal control system and amendment affairs.
2. To proceed internal audit work per the annual audit plan.
3. Preparing internal audit report, providing improve action suggestion and follow up the audit findings improvement status. Report it to independent directors, Audit Committee and BOD meeting of the company.
Major Internal Policies
2017
Apex was interviewed by Tzu Chi DaAi TV and reported on CSR program
Bangkok, 3rd May 2017, Tzu Chi DaAi TV visited Apex’s factory of Samutsakhon in Thailand. The chairman, Woody Wang, head the senior management team to greet the guests. In 2017, Tzu Chi DaAi TV was going to launch the flagship program which was Asia Together. Asia Together mainly introduced the Taiwanese enterprises which located in the Southeast Asia and how to develop stably as well as do CSR program. Apex was interviewed by Tzu Chi DaAi TV and the TV show was played between 7:00 p.m. to 7:30 p.m. on 9th September 2017. Click the link below.
https://youtu.be/LdJFEdnMWY4
2017
Apex won Asia Responsible Entrepreneurship Awards 2017 CSR Projects
Bangkok, 02nd June 2017, outstanding performance enterprises across Asia were selected as recipients of this year, Asia Responsible Entrepreneurship Awards (AREA). Apex won the award as “Health Promotion” of AREA this year. The Awards represents not only a recognition but also an encouragement to continue and improve CSR programs.
Over 300 submissions from 14 countries were received from companies across Asia and a total of 11 enterprises won the award as “Health Promotion” of AREA. Apex was not only one of them but also single enterprise from Thailand. Save a life by donating some blood, promoting a good behavior for other people by hospital and mass media in Thailand for several years. Hence, Apex has encouraged employees to response the blood donation from 2011 until now and has cooperated with the local hospital near our factory to transport the medical persons and equipment of blood donation into Apex’s factory. It is convenient to join the blood donation for employees. In 2011, a total of 154 people donated 227 bags of blood. In 2016, blood donators increased to 661 people who donated 1003 bags of blood. In September 2016, the Thai king praised 45 enterprises which had the important contribution for joining the blood donation. Apex was one of them and received the king’s award.
By the process of the blood donation, the employees arranged the place of the blood donation to enhance the internal cohesion in company. At the same time, the employees watched the video of the blood donation to know the safety of the blood donation and the contributions for their society. In addition, Apex invited the local television to interview the blood donation in further to promote the blood donation at the local area. Besides, Apex worked with the industrial officer to hold the program of the traffic safety advocacy for Apex’s employees who create the right concept on driving safety. It is looking forward to reducing the traffic accidents and the blood demand. Apex continues to expand the more traffic safety advocacy and the blood donation to solve the situation of lacking blood.
Apex won the award of AREA of introducing video. Click the link below.
https://youtu.be/gzWxwpY5mSA
Apex was interviewed by Tzu Chi DaAi TV and reported on CSR program
Bangkok, 3rd May 2017, Tzu Chi DaAi TV visited Apex’s factory of Samutsakhon in Thailand. The chairman, Woody Wang, head the senior management team to greet the guests. In 2017, Tzu Chi DaAi TV was going to launch the flagship program which was Asia Together. Asia Together mainly introduced the Taiwanese enterprises which located in the Southeast Asia and how to develop stably as well as do CSR program. Apex was interviewed by Tzu Chi DaAi TV and the TV show was played between 7:00 p.m. to 7:30 p.m. on 9th September 2017. Click the link below.
https://youtu.be/LdJFEdnMWY4
2017
Apex won Asia Responsible Entrepreneurship Awards 2017 CSR Projects
Bangkok, 02nd June 2017, outstanding performance enterprises across Asia were selected as recipients of this year, Asia Responsible Entrepreneurship Awards (AREA). Apex won the award as “Health Promotion” of AREA this year. The Awards represents not only a recognition but also an encouragement to continue and improve CSR programs.
Over 300 submissions from 14 countries were received from companies across Asia and a total of 11 enterprises won the award as “Health Promotion” of AREA. Apex was not only one of them but also single enterprise from Thailand. Save a life by donating some blood, promoting a good behavior for other people by hospital and mass media in Thailand for several years. Hence, Apex has encouraged employees to response the blood donation from 2011 until now and has cooperated with the local hospital near our factory to transport the medical persons and equipment of blood donation into Apex’s factory. It is convenient to join the blood donation for employees. In 2011, a total of 154 people donated 227 bags of blood. In 2016, blood donators increased to 661 people who donated 1003 bags of blood. In September 2016, the Thai king praised 45 enterprises which had the important contribution for joining the blood donation. Apex was one of them and received the king’s award.
By the process of the blood donation, the employees arranged the place of the blood donation to enhance the internal cohesion in company. At the same time, the employees watched the video of the blood donation to know the safety of the blood donation and the contributions for their society. In addition, Apex invited the local television to interview the blood donation in further to promote the blood donation at the local area. Besides, Apex worked with the industrial officer to hold the program of the traffic safety advocacy for Apex’s employees who create the right concept on driving safety. It is looking forward to reducing the traffic accidents and the blood demand. Apex continues to expand the more traffic safety advocacy and the blood donation to solve the situation of lacking blood.
Apex won the award of AREA of introducing video. Click the link below.
https://youtu.be/gzWxwpY5mSA
-
(1)Exercise corporate governance
Topic Item 2016 2017 (1)Exercise corporate governance 1.1 Built Policy Apex already built below CSR related internal regulation:
(1) Principle of Corporate Governance
(2) Principle of Corporate Social Responsibility
(3) Ethical Corporate Management Best Practice Principles / and its Guidelines for Conduct
(4) Rules for election of directors / Rules of Procedure for Board of Directors Meetings / BOD performance evaluation procedure
(5) Audit Committee / Compensation Committee regulation
(6) Independent Director job dutyKeep follow up realted issues and updated Company's executive plan. 1.2 Organization and BOD reporting (1) Internal audit office in-charge of the CSR managing issue and reporting to BOD meeting.
(2) APT already set up CSR Committee (Chairman: CBO) Energy Saving Committee (Chairman : MFG VP)
(3) TWSE Corporate Governance Evaluation, Apex self-assessment that obtain ranked 6% - 20% of all TWSE listing company.
(4) Apex was selected as TWSE Corporate Governance 100 Index on July 2016. There are only 3 PCB companies were selected on this year.(1) Continue assessment to achieve TWSE Corporate Governance Evaluation.
(2) Continue named as member of TWSE Corporate Governance 100 Index.1.3 Stakeholders Official Company website set up one page for "Stakeholders" issue, to identify the focus issue, communication channel and implement action between Company and kinds of stakeholders. Continue tracking related issue and update related information of company announcement. -
(2)Fostering a Sustainable Environment
Topic Item 2016 2017 (2)Fostering a Sustainable Environment 2-1.
Environment manage systemAPT obtained below environment related system certificate：
(1) ISO 14001
(2) OHSAS 18001
(3) RoHS (Europe Union)
(4) UL (USA)Company is dealing with external department ESCO to develop intelligent energy-saving project.In the future may be considered to obtain ISO 50001 energy management certificate. 2-2.
Resources utilization(1)Waste treatment：
During Jan to Nov of 2016, collect copper from waste chemical totally in 130 tons; sell Spent CL Etching chemical to qualified vendor totally in 11,412 tons; sell copper sludge to qualified vendor totally in 9,826 tons.
(2)Water recycle：
Thai factory CW water utilization rate before recycle: 84% after recycle: 95% estimated to save water 459K M3 in 2016.
(3)Waste water recycle :
This year, Apex worked with 5 supplies from Taiwan/China to test waste water sample and cost-benefit analysis. However, because the wastewater discharge standard of TDS in Thailand is different with China/Taiwan's standard, the solution provided by those suppilers can't help APT to meet wastewater discharge requirment in Thailand. Subliment system is workable for waste water recycle system, but it cost too much.Waste water recycle project :
Goal:
Achieve 30% waste water recycle within three years.
Action:
Continue keeping contact with suppliers or external department to work about this project base on the company budget and benefits.2-3.
Training and promotion(1) environment / safety related trainning course in 2016 : course hours：772 hours trainee：1,392 persons
(2) Safety activities on Safety Week exhibition (each section join safety presentation competition)
(3) Energy and Water saving slogen competition.Keep prepare related annual budget plan and control the implement action. 2-4.
Reduce Energy comsumptionCo-working with Askey company about energy saving project. The first phase we are focus to reserch saving from air compressor/air condition/cooling water system of APEX 1 factory. According to Askey proposal, it may lead to save energy expense more that 30%. We complete technical feasibility assessment on November 2016, and it is expected to complete financial evaluation process and propose tax-waiving application to Thai BOI before end of Y2016. (To apply 50% of investment amount be net off the same amount corporate income tax within 3 years). Goal:
Achieve saving 30% electricity consumption efficiency of air-condition / air-compressor system in Thai factory.
Action:
Keep implement energy saving project with Askey.2-5.
Pollution control(1)Water pollution control : invest 1.5 million for new anti-pollution equipment, no any violation occurred in 2016. Selft-test wastewaster 6 times per day befroe outside duscharge and set standard stricter than wastewater discharge standard.
(2) Air pollution control : invest 11.6 million for new anti-pollution equipment, no any violation occurred in 2016.Keep implement the pollution control related plan. 2-6.
Greenhouse gas inventory(1) The Topic of Board directors' training course this year focus on CSR issue. After the class, the BOD members indicate to have more understanding on annual CSR report disclosure and greenhouse gas(GHG) inventory issue of APEX.
(2) For GHG issue, after discussed with Taiwan and Thai consultants such as KPMG, it is believed that APEX do not have legal risk on GHG emission issue withing 5 years, besides, APEX is impossible to obtain benefits from carbon emission trading market.
(3) However, consider the trend of market and regulations after COP 21, it is recommeded for APEX to learn and prepare GHG inventory information, then APEX will have the ability to satisfy kinds of requirement from all stakeholders on this issue.(1) To follow GRI guideline, it is considered to find experienced external consultant to help company generate a qualified CSR annual report and GHG inventory information in the first year. By compare its quotation, language, transportation, Thai regulation trend understanding and etc, finally it is suggested to choose Thai local consultant, and co-work with APT EICC/CSR Committee. The budget is around THB 700,000 including to obtain assurance letter from independent 3rd party.
(2) It is plan to prepare and complete GHG inventory report on March 2017. -
(3)Preserving Public Welfare
Topic Item 2016 2017 (3)Preserving Public Welfare 3-1.
Labor Right protectionThe Company's working rule and regulation follow the spirit of International Human Rights :
(1) Elected Welfare Committee;
(2) Caring for vulnerable groups;
(3) Prohibiting the use of child labor;
(4) Human resource policies do not contain differential treatments based on gender, race, socioeconomic status, age, or marital and family status;
(5) Achieve equality and fairness in employment, hiring conditions, remuneration, benefits, training, evaluation, and promotion opportunities.Continue tracking related issue and update related information of company policies. 3-2.
Labor Environment(1) The Company obtained the certificate o ISO14001 and OHSAS18001.
(2) Safety consaltant directly report to CEO.
(3) Invite Allianz Risk Consultant to estimate the risk of factory, and set up improvement plan.
(4) Have its owned clinic and ambulance.
(5) Anti-drug : K9 team monthly factory inpection.Continue tracking related issue and update related information of company policies. 3-3.
Training and Salary policy(1) the trainning course statistics in 2016:
hours persons
basic 3,059 31,278
OJT 8,373 2,791
Leadership 138 839
Total 11,570 34,908
(2) For outside trainning course (including outside trainer), the expense, hours and persons. hours : 920 hrs. expense : 1,528,605 THB persons : 2,189 persons
(3) There are distinct JOB description and KPI index for each ranking employee, to make sure the payroll and performance is relevant and reasonable.Keep prepare related annual budget plan and control the implement action. 3-4.
Communication ChanelThe Company keep communicate with labors through below channel without any dispute in 2016:
(1) Weekly factory convocation
(2) Periodically section meeting
(3) Welfare Committee
(4) CEO BOXContinue tracking related issue and update related information of company policies. 3-5.
Product informationThe Company obtained required product cretificate as above mentioned, and set up CQM and Spokesman to satisfy all question from customers and investors. Continue tracking related issue and update related information of company policies. 3-6.
Supplier management(1) The Company's audit criteria to suppliers already including Environment/Safety requirement follow international control system, and also require restricted use of Conflict Minerals.
(2) The Company request top 10 suppliers issue commitment letter to Apex that they will cooperate with the company to follow corporate governance and CSR policy of Apex.Continue tracking related issue and update related information of company policies. 3-7.
Community acceptanceApex spend 632k baht for Community/Social event and donation, total 17 events in 2016. Keep prepare related annual budget plan and control the implement action. -
(4)CSR information disclosure
Topic Item 2016 2017 (4)CSR information disclosure 4-1.
Disclosure content and channelThe Company disclose corporate governance/CSR/Ethics topic issue and implement status throught below two channel: (1) Company official website (2) AGM report Continue tracking related issue and update related information of company policies. 4-2.
CSR annual report(1) According to TWSE regulation, Apex still not be included in the force list to prepare the CSR annual report. (by industrial and paid-in capital)
(2) CEO instructed to start preparing annual CSR report since year 2016.(1) To follow GRI guideline, it is considered to find experienced external consultant to help company generate a qualified CSR annual report and GHG inventory information in the first year. By compare its quotation, language, transportation, Thai regulation trend understanding and etc, finally it is suggested to choose Thai local consultant, and co-work with APT EICC/CSR Committee. The budget is around THB 700,000 including to obtain assurance letter from independent 3rd party.
(2) It is plan to prepare and complete GHG inventory report on March 2017. -
(5)Ethical Corporate Management
Topic Item 2016 2017 (5)Ethical Corporate Management 5-1.
Policy announcementThe company already set up related policies and trained all employee during its probation period. Keep prepare related annual budget plan and control the implement action. 5-2.
Whistleblower systemThe company policy already include the whistleblower system to have independent directors and internal audit manager to take the responsibility of ethical issue and inspection. The channel was as below :
Whistleblower system
(1) Internal : CEO box
(2) External : Company official website to disclose the contact method of internal audit manager.Continue tracking related issue and update related information of company policies. 5-3.
Implement reportthere is no any case for ethical issue through the whistleblower system, and no abnormal issue through regular internal audit report related to below topic:
．Benefit provided by outsider
．Commitment to outsider
．Political contributions
．Big amount donation
．Business secrets or intellectual property
．Fair trading
．International regulation compliance
．Stock insider trading
．Customer/Supplier ethical issueContinue tracking related issue and upda