Message from Management
The essence of corporate sustainability lies in upholding original commitments and actions in the face of environmental challenges, along with a steadfast determination to pursue continuous improvement. In 2024, global political and economic conditions remained turbulent, and the industry faced downward corrective pressure, with the semiconductor sector encountering significant headwinds. As a result, M31 Technology’s (M31) revenue declined by approximately 10% compared to 2023. Nevertheless, we continued to move forward steadily, firmly guided by sustainable development as our core principle. We actively advanced substantive initiatives in corporate governance, technological innovation, environmental protection, and social responsibility, while continually embedding the spirit of sustainability into our corporate culture and day-to-day operational decisions.
Over the past year, our ESG efforts have been recognized by professional organizations both domestically and internationally, further affirming our commitment to and achievements in promoting sustainable development. In the domestic Corporate Governance Evaluation, we have been ranked in the top 5% of TPEx-listed companies for four consecutive years. Internationally, we received an A rating from MSCI ESG, one of the world’s three major ESG rating agencies, as well as an A rating from the SinoPac+ ESG rating system, which aligns with international standards. These honors not only reflect the strong stability and transparency of our ESG practices but also underscore our continued efforts and accomplishments across various key areas.
In addition, M31’s first-ever sustainability report, published in 2024, was recognized by the “Taiwan Corporate Sustainability Awards.” We received the Silver Award in Category II of the Electronics Information Manufacturing Industry and were also honored with the “Taiwan Sustainability Excellence Award.” These achievements not only demonstrate our tangible progress in sustainability practices but also further solidify our determination and direction in aligning with international standards and becoming an industry benchmark.
Beyond strengthening internal management and policy implementation, we have also actively expanded external engagement by partnering with industry peers to promote more systematic sustainability initiatives. In 2024, we joined the ESG Sustainability Initiative launched by E.SUN Financial Holding, committing alongside leaders in the financial and technology sectors to take responsibility for society and the environment. Concurrently, we also responded to the DEI (Diversity, Equity, and Inclusion) initiative led by TSMC, further embedding respect for diverse values and inclusivity within our corporate culture. In addition, M31 officially became a member of the “Talent Sustainability Action Alliance,” collaborating with various sectors to promote talent development, career growth, and the creation of a sustainable workplace, with the goal of contributing to both corporate and societal development.
In the face of an increasingly uncertain external environment, we recognize that continuously enhancing our technological capabilities, management proficiency, and organizational resilience is fundamental to sustainable business growth. In response to challenges posed by geopolitical shifts and supply chain fragmentation, M31 began actively expanding its international R&D presence in 2023, establishing a new R&D team in India. This initiative not only strengthens the integration of global talent and resources but also fulfills our commitment to local engagement and global responsibility. Through these international efforts, we aim to advance toward a more competitive and influential future.
In response to the challenges of global warming and climate change, we continue to implement ESG initiatives and actively support government renewable energy policies to reduce the environmental footprint during corporate operations. We have also exceeded the government’s greenhouse gas inventory timeline requirements for TPEx-listed companies by completing the inventory for our Taiwan headquarters ahead of schedule. For the first time, we also included our sites in India and the United States. This year, we passed external third-party verification and officially obtained a greenhouse gas verification statement in accordance with the ISO 14064-1:2018 standard, demonstrating our strong commitment to and proactive efforts in environmental sustainability.
In terms of green technologies and products, M31 continues to invest in low-power IP design and smart technology development to optimize resource utilization efficiency. We regard “energy-saving technology” as one of our core environmental strategies. By providing high-efficiency, energy-saving solutions, we not only help downstream customers achieve their carbon reduction targets but also make tangible contributions to the promotion of net-zero emissions and energy-saving technologies.
In terms of operational risk management, we successfully obtained ISO 27001 Information Security Management System certification this year, recognized as the gold standard in the field of information security. As cyber threats continue to evolve rapidly, M31 has strengthened its systems and internal control mechanisms to ensure the confidentiality and integrity of information, further reinforcing the trust of our customers and the market. This certification serves as external validation that we have a comprehensive information security audit mechanism in place and that we meet the stringent requirements and best practice objectives set by the organization.
In fulfilling our social responsibility, M31 is committed to fostering a positive and compassionate corporate culture. In recent years, we have focused on cultivating young talent in Taiwan’s semiconductor industry by actively engaging with academic institutions, establishing long-term partnerships, and signing industry-academia collaboration agreements with several universities. These initiatives integrate academic knowledge with practical business experience to drive continued R&D momentum in Taiwan’s semiconductor sector. At the same time, we encourage our employees to actively participate in social welfare activities, whether through caring for the vulnerable, supporting education, or engaging in community service. Through corporate action, we aim to promote a virtuous cycle of goodwill. This dedication to society also allows our employees to gain a deep sense of fulfillment and achievement through giving back, further strengthening their sense of unity and belonging, and empowering each team member to contribute to building a better future while fulfilling their social responsibilities.
Looking ahead to 2025, we will uphold a prudent and steady approach as we continue to deepen our ESG practices, strengthen our global presence, and enhance our core competitiveness. We will continue to leverage our corporate influence to implement sustainable development strategies, harness technology to drive positive social change, and pursue innovation and sustainability in parallel, working together with all stakeholders to create a better future and development for Taiwan.