The Asia Responsible Enterprise Awards (AREA) 2023 is pleased to honor 78 outstanding business leaders and enterprises for championing sustainable and responsible business practices. Presented by leading regional NGO Enterprise Asia, the AREA is the most reputable award recognition program recognizing organizational efforts in creating a culture of compassion, integrity, and in being socially responsible corporate citizens. The AREA serves as a badge of excellence to spur further innovation and best-practice sharing for your organization and the world at large.
Darfon Electronic Corp (Darfon) was among the recipients who were conferred with the Corporate Sustainability Reporting Award. As a world-leading specialist in eco-friendly technologies, Darfon delivers innovative IT peripherals, passive components, and green energy solutions. With the prevalence of green energy and sports in recent years, it has entered the E-Bike field with a new brand, BESV, and is committed to bringing customers a truly amazing user experience.
In addition to strengthening the company’s competitiveness and creating benefits for shareholders, Darfon also actively promotes environmental sustainability, social participation, and corporate governance while focusing on talent cultivation and a happy workplace. The company is committed to comprehensively reviewing its corporate social responsibility performance, enhancing the well-being of all stakeholders, and pursuing sustainable business operations.
Darfon’s corporate Vision is to pursue the concept of sustainable development and integrate it into daily operations closely. While creating company value, sustainability plays an important role in society and the environment, and Darfon believes that it will certainly promote future competitiveness throughout the entire value chain.
The company has driven transformation in recent years by incorporating green and low-carbon concepts into business decisions. The green energy business division of the company, with its electric smart bicycles (e-Bike), has become the focus for the main axis of development and has grown rapidly under the effect of strategic alliances, and its proportion of revenue contribution has exceeded 47%.
Darfon intends to fully master the four core technologies of the e-Bike, including electronics, batteries, frame, and assembly while laying a solid foundation for product innovation and performance growth. On the other hand, the company’s business in passive components will focus on deepening the improvement of technology, the development of niche products, and the expansion of multiple channels. Darfon uses internal lean management, external strategic alliances, and a diversified green product strategy to continue to create profits and enhance the sustainable competitiveness of the company.
Besides that, under the leadership of the board of directors, the committee formulated ESG-related policies, systems, management guidelines, and promotion plans to strategically move towards the company’s ESG goals.
In terms of environmental protection, Darfon pays attention to the international trend of targeting Net Zero carbon emissions by 2050, introduces ISO 14064 greenhouse gas inventory operations, incorporates the concept of circular economy, and promotes green product design. The company is also pushing for green operation management and a green supply chain.
The content structure of the award-winning report adopts the GRI Standards, SASB Standards, and Taiwan Stock Exchange Corporation Rules Governing the Preparation and Filing of Sustainability Reports by TWSE Listed Companies. This report was carried out in accordance with the GRI Core Options and the SASB Hardware & ES Industry for the disclosure of relevant strategies, goals, specific actions, and performance indicators of Darfon’s major themes. Furthermore, the report has passed Taiwan SGS External Assurance Statement and complied with the third-party Type 1 moderate assurance of AA1000 AS for providing reliable public information to readers.
Besides that, in recent years, Darfon has been honored with many awards, fully affirming Darfon’s efforts to care for employees and perfecting its outcomes of corporate social responsibility.
About Enterprise Asia
Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs and other organizations to promote competitiveness and entrepreneurial development, in uplifting the economic status of people across Asia and in ensuring a legacy of hope, innovation and courage for the future generation. Please visit https://www.enterpriseasia.org/ for more information.
About Asia Responsible Enterprise Awards (AREA)
The Asia Responsible Enterprise Awards program recognizes and honors Asian businesses for championing sustainable and responsible entrepreneurship in the categories of Green Leadership, Investment in People, Health Promotion, Social Empowerment, Corporate Governance, Circular Economy Leadership, Corporate Sustainability Reporting, and Responsible Business Leadership. For more information, visit: https://enterpriseasia.org/area/.