2019 Corporate Sustainability Report CONTENTS
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2019 Corporate Sustainability Report CONTENTS 01 About this Report 02 Message from the Chairman and CEO 03 Our Sustainability Contribution 2019 04 Corporate Overview 05 Sustainability Governance 06 Our Innovation 07 Responsible Supply Chain 08 Committed to Our Customer 09 Committed to Our Employees & Community 10 Committed to Our Environment 11 Appendix 3 Report Overview Reporting Principle & Standards The 2019 Corporate Sustainability Responsibility (CSR) The ViewSonic 2019 CSR Report outlines our global Report summarizes ViewSonic policies, procedures, and strategies, achievements, and goals relating to sustainable performance regarding matters of corporate responsibility development. This document is offered as a reference for and sustainability. To maintain transparency and conduct stakeholders, customers, business partners, and all those business in a manner consistent with our goals and values, with an interest in the environmental, social and economic we publish and publicly release a CSR report annually. Our impacts of our organization. last report release date was December 14th, 2019. We have prepared our 2019 CSR Report in accordance with You may download a copy of this and future reports at the Global Reporting Initiative (GRI) standard disclosures and 01 ViewSonic Go Green. reporting principles. This report complies with the Core level requirements of the GRI Standards. The GRI Content Index ABOUT THIS REPORT provided at the end of this document outlines our alignment with related disclosure indicators. Reporting Boundary Contact Information The 2019 CSR report covers activities undertaken from We welcome your feedback about this report and the January to December 2019, mainly including ViewSonic matters discussed herein. You may contact the ViewSonic America, ViewSonic Europe and Global Product Group. This CSR Committee at [email protected] report highlights the environmental, social, and governance (ESG) principles and performance of ViewSonic Corporation You may also contact ViewSonic by telephone or postal mail. worldwide for the calendar year 2019. The content reports • Phone: 909-444-8700 upon the material aspects we have identified as requiring 8:00am – 5:00pm Pacific Standard Time the highest priority and discloses key data and management • Mailing Address: 10 Pointe Drive, Suite 200, Brea, CA approaches for each. We have also included background 92821 information on our long-established tradition of sustainable business practices and corporate responsibility. Our business For more information about our corporate responsibility and activities do not have significant changes during the sustainability policies, please visit ViewSonic Go Green. reporting period. 4 02 MESSAGE FROM THE CHAIRMAN AND CEO 5 MESSAGE FROM THE CHAIRMAN AND CEO Since our inception in 1987, ViewSonic has witnessed and with best-in-class technology partners, we are continuously We’ve developed a responsible global supply chain, requiring participated in extraordinary advancements in developing comprehensive EdTech solutions that will all Tier 1 suppliers to adhere to ISO 14000 environmental technology, as well as a revolution in diversity and equality. enable current and future leaders to thrive in this constantly management standards. We constantly aim to improve the Unfortunately, we’re also facing an unprecedented rate of evolving society. power efficiency of our products across categories. 100% of climate change. At ViewSonic, we are guided by our vision our projector models meet the EU’s stringent ErP Directive of a sustainable world empowered through innovative visual Employees requirements for standby power consumption. solutions. We aim to realize this vision by doubling down on the commitment to our core values and fulfilling mission- Our employees are pivotal to ViewSonic’s success since And through our green packaging initiative, in addition to critical responsibilities to our customers, employees and the the company’s brand value, and reputation are defined monitor VG series product line, we started to package our environment. by its people. Just as our customer-first approach seeks VP Series with recycled materials. We plan to continue green to empower people and improve lives, so too do our packaging implementation on more models and product Customers employment practices. We are dedicated not only to lines in the coming years. recruiting skilled talent but also ensuring diversity and ViewSonic is laser focused on serving the needs of inclusion in the workplace, as we recognize that distinct sets Amid societal and environmental challenges, we remain our customers, which means actively listening to their of backgrounds, experiences, and perspectives are crucial optimistic. And with sustainability as a part of ViewSonic’s challenges and delivering solutions to solve their problems. to innovation. With a 1:1 female-to-male base salary and core values, we will continue to leverage our technologies as A significant challenge they’ve been battling is the slow remuneration ratio, we pride ourselves on creating equitable a force for good and strive to make the world a better place. adoption of technology in education, caused in part by and rewarding employment opportunities at ViewSonic. We difficulties using existing technologies, steep learning curves value integrity, teamwork and diverse opinions to foster and a lack of professional training. That’s why in 2017, we collaboration. And we encourage continuous employee introduced our ViewBoard digital whiteboards, and in 2018 growth through setting challenging goals, embracing our myViewBoard software platform and ecosystem. In 2019, feedback and not being afraid to fail. we collaborated with additional educational institutions around the world to gain perspectives from frontline Environment educators that inform research & development and allow us to adapt to their changing needs in an agile manner. We’ve Sustainability is a priority that’s integral to operations built professional development teams to provide training, throughout ViewSonic. We consider our environmental reduce learning curves and build digital lesson plans that impact at every stage of our products’ lifecycle, from James Chu help students master academic standards. In conjunction development and production to customer use and disposal. CEO and President 6 03 OUR SUSTAINABILITY CONTRIBUTION 2019 Sustainability governance encompasses our vision, disciplines our daily operations and manifests our continuous supply chain innovations. We continued to invest our core competencies to improve and comprehend our corporate governance practices to achieve our corporate sustainability commitments. In 2019, we reviewed and improved corporate governance practices in product design, environmental protection, employee relationship management and community participation. We share our 2019 sustainability efforts and contributions with you in this section. 7 OUR SUSTAINABILITY CONTRIBUTION 2019 Sustainability Governance Our Innovation Committed to Our Customer • In 2019, ViewSonic’s Interactive Flat Panel (IFP) grew by • In Projector line: • We received no significant fines and non-monetary 81%, outperforming the market’s 11% in sales growth. • SuperEco+, a new lamp model, increases more than sanctions related to the health and well-being features • 2018 was a year that we saw continual growth in our 33% of lamp lifespan comparing to previous models. of our product, nor was there any case brought through newest category of display solutions, the Interactive Large • LED & laser (lamp free) projector model uses no dispute resolution mechanisms in the 2019 fiscal year. Format Display. Our efforts to grow the IFP category in mercury light source. 2018 were realized and rewarded in the early months of • In Monitor line: 2019. • 31% of 2019 total models are EPEAT compliant and Committed to Our Employees & • Developing innovative digital education solutions on 82% of 2019 total models are Energy Star compliant. Community ViewBoard and myViewBoard with Taiwan as pilot country, • In Large Format Display line: working with 26 schools to develop solutions to integrate • 56% of LFD models meet Energy Star up from 19% in • Our firm wide employee turnover remains stable, at 9% ViewSonic technologies into classroom teaching. 2018. for men and 4% for women. • 92% of LFD models in 2019 include flicker-free and • 88% of senior management personnel at ViewSonic’s blue light filter functions to protect customers eyes, headquarters is hired from the local community. up from 80% in 2018. • Female–to-Male employee base salary and remuneration ratio is 1:1. Responsible Supply Chain • Overall • Our R&D investment amount increased 61% from • 100% of our Tier 1 suppliers are certified with ISO14001. 2018, reaching US$ 4.79m. • 100% of our Tier 1 suppliers have maintained ISO9001: • Industry-academia collaboration to study ergonomics Committed to Our Environment Quality Management certified. and user behaviors in school environment for IFP product innovation. • 100% of our existing Tier 1 suppliers were assessed for • Reduced product carbon footprint in energy usage and • Product reuse and recyclable rate is above 70% and environmental and social impacts. waste. recovery rate is above 80%. LFD product package uses • 100% of our Tier 1 suppliers signed our Supplier Social • Made efforts to reduce carbon footprint through 77% reclaimed material. Responsibility and Ethics Agreement to deepen our long- ECO-Office Guidelines, saving energy and minimizing