A Message from the CSO

In 2024, WNC has continued in its efforts with regard to sustainability. We have implemented many innovative measures concerning environmental protection, social responsibility, and corporate governance and received many international awards. These awards are not only a testament to our efforts but also represent the company’s willingness to take on greater responsibilities. Therefore, we are continuing to strengthen our sustainability governance structure and to incorporate SDGs into our three core businesses: automotive, networking and smart homes. We have established short-, mid- and long-term goals and action plans in accordance with our five sustainability themes: green initiatives, empowerment, trust, innovation, and growth. Under the supervision of the Sustainable Development Committee and through cross-unit collaboration, WNC has implemented low-carbon transformation systematically. Each year in the fourth quarter, we hold a workshop to conduct materiality analysis to prioritize key issues and assess and improve our sustainable development performance.  

As global climate challenges intensify, WNC understands the critical role enterprises can play in promoting environmental sustainability. Therefore, we have turned our support for international initiatives into concrete actions. Following SBTi standards, WNC is committed to reducing 42% of Scope 1 and 2 emissions (base year: 2022) and 25% of Scope 3 emissions (base year: 2023) by 2030 and reaching net zero by 2050. In addition, as a member of RE100, we are devoted to achieving 100% renewable energy use by 2040. We have optimized our carbon management system, introduced a low-carbon material selection mechanism and improved the efficiency and quality of GHG inventory and carbon footprint calculations. By doing so, we can ensure that each product meets low carbon and zero waste standards starting from the design phase onward. In 2024, WNC’s Vietnam site achieved a 100% landfill waste diversion rate and obtained a platinum rating from the UL 2799 Zero Waste to Landfill validation program. Moreover, we received an A- (leadership level) rating in both the climate change and water security questionnaires in the 2024 CDP assessment, marking a significant achievement in our environmental governance efforts. In the same year, WNC was admitted as a member of the Responsible Business Alliance (RBA) and TNFD forum and will publish its first TNFD report in 2025 to advance initiatives concerning environmental risks, biodiversity protection, and natural resource management.

On the social responsibility front, WNC has invested considerable efforts in creating an inclusive workplace, fostering a safe and open work environment and encouraging employees to innovate and express their ideas. Child welfare, land restoration and smallholder farmer development have long been the focus of our attention. We work with employees, nonprofit organizations, schools, and other stakeholders to promote English language and networking technology education, support education in rural areas, nurture smallholder farms, and plant trees. In addition, we also support university social responsibility (USR) programs by sponsoring service-oriented clubs, with the aim of bridging digital and educational resource gaps and ensuring equitable and high-quality educational opportunities. Moreover, we have raised awareness of ESG among employees and the public and increased their participation in related activities via art and cultural events.  

On the corporate governance front, WNC is committed to diversifying the composition of its Board of Directors and advancing gender equality and diversified governance. To encourage senior managers to take on greater responsibilities, WNC has incorporated sustainability performance indicators into their performance assessments and used these indicators as important references, thereby accelerating the implementation of sustainability strategies. With the Sustainable Development Committee transformed into a functional committee directly reporting to the Board of Directors, our sustainability governance has become more institutionalized. This ensures that our sustainability goals align with our business strategies and incentivizes our decision-makers to be more committed and proactive with regard to environmental issues.  

WNC continues to improve its information transparency and data integrity through sustainability reports, TCFD reports and our official website in order to keep our stakeholders informed about our sustainability progress and commitments. In addition, we have provided training courses and organized forums and ESG proposal campaigns to raise awareness of environmental issues among employees and supply chain partners, fostering the resilience and competitiveness of our sustainable value chain. WNC closely collaborates with suppliers to meet our environmental and social responsibilities. We incorporate low-carbon and circular economy concepts into our materials selection, production and product design processes, ensuring that our supply chain partners contribute to sustainability along with us.

Looking forward, WNC will continue to develop innovative technologies, optimize energy efficiency, and create more competitive green products and services to promote circular economies and low-carbon transformation despite the challenges we face. With unwavering determination and concrete actions, we will collaborate with partners worldwide to build an equitable, safe, resilient, and sustainable environment.