To achieve the common good for society, ASEH harnesses its power to stimulate positive social change, bringing about an increase in sustainable awareness and positive impacting behavioral change, skills development, and quality of life. Established as ASEH’s highest level of organization for social involvement, the Corporate Sustainability Committee (CSC) is responsible for the planning, formulation, and implementation of social involvement policies and regulations, among which the “Public Affairs Engagement Policy*" is a set of guiding principles that provides foreign policy directions for all subsidiaries as well as support to organizations with similar ideologies as ASEH. Accordingly, ASEH has also established a supervision mechanism to evalsuate the project performance of such foundations and social organizations to ensure that the investment of support and resources results in an actual impact.
ASEH conducts annual reviews to evalsuate its campaigns and performance based on four development strategies—environmental conservation, industry-academia collaboration, community engagement and public advocacy. The CSC Social Involvement Taskforce is responsible for implementing social involvement policies at company facilities worldwide, evalsuating the risks and opportunities, planning and organizing activities in public engagement. Each facility is responsible for the creation of local organization teams to plan and execute the programs in compliance with corporate policies and development goals.
ASEH adopts the LBG (London Benchmarking Group) framework and SROI (Social Return on Investment) model to measure the input, output and impact of social involvement activities, and conducts biannual performance reviews and reporting. For ASEH’s social engagement programs (conducted by the ASE Cultural and Education Foundation and the ASE Environmental Protection and Sustainability Foundation), we performed analyses of the social return on investment (SROI) and established a social investment performance evalsuation system to optimize the evalsuation of our social involvements and more effectively manage social engagement programs.
In 2023, we spent approximately US$14.9 million on social involvement activities, representing 1.07% of ASEH’s pre-tax net profit*. The distribution ratio is similar to that in 2022. Industry-academia collaboration on education continues to account for the largest portion of our spending as we continue to focus on research and development of innovative technologies. The second largest portion of our investments was allocated to the conservation and protection of the environment. To that end, we recorded more than 11,300 hours of volunteer service performed by over 3,600 volunteers.
