Since Foxtron's establishment in 2020, and through the teamwork and efforts of all our employees, we have independently developed and mass-produced several electric vehicle models. For this, we have gained attention from various sectors of society and support from our clients. In 2023, Foxtron was listed on the Taiwan Innovation Board (TIB), marking a major milestone in the Company's development. As Foxtron continues to grow, we deeply understand that, in addition to investing in operations and technological research and development (R&D), it is also crucial that we fulfill our role as a corporate citizen and shoulder our corporate social responsibilities. Therefore, with a spirit of gratitude and giving back, we follow Hon Hai Technology Group's philosophy of "Sustainable Operations = EPS + ESG" to formulate our sustainable development policy. We aim to fulfill our corporate social responsibilities and obligations, thereby achieving sustainable corporate operations.
Foxtron continues to take actions across the three dimensions of ESG: Environmental, Social, and Governance. In the Environmental aspect, we uphold the vision of "Accelerated adaptation of electric vehicles through the Open EV Platform". Based in Taiwan with a global vision, we collaborate with industry partners to continuously introduce zero-emission electric vehicles to the market. We have formulated the Social and Environmental Sustainability Commitment and our Supply Chain Management Policy to clarify the sustainable direction of promoting zero-emission with our partners. In 2023, Foxtron adopted the Task Force on Climaterelated Financial Disclosures (TCFD) framework, carried out the greenhouse gas (GHG) emissions inventories for Scope 1 and Scope 2, and obtained third party assurance. We have also set short-, mid-, and long-term carbon reduction targets, aiming to realize the 2030 and 2050 Net Zero Emissions goals for our office, service, and production site. In terms of the Social aspect, We firmly believe that the health and safety of all employees form a keystone for Foxtron development. Through measures such as the guarantees offered by our Foxtron Human Rights Policy and by our Occupational Safety and Health Policy; talent referral and employee performance incentive programs; annual health checkup; and our welfare committee system, we aim to create a safe environment where all employees can work with peace of mind. In the Governance aspect, we have identified our first material annual sustainability topics and formulated corresponding management approaches, in accordance with GRI standards. We have also incorporated sustainability-related indicators into managers' annual performance evaluations.
Looking ahead, Foxtron will continue to promote sustainable operations, adhering to the business philosophy of "Integrity, Professional, and Openness". We aim to infuse positive energy into society, actively respond to the demands and expectations of all stakeholders, and build competitiveness in sustainability for the Company.
Employees are the key to the Company’s performance growth.
Contact Person：Amy Hsu
Email：amy.hsu@foxtronev.com
Employees are the key to the Company’s performance growth.
Contact Person：Amy Hsu
Email：amy.hsu@foxtronev.com
2023/1/1-2023/12/31
This Report covers the period between January 1 to December 31 of 2023 (for those stakeholders who are concerned about FOXTRON's most recent sustainable development, we disclose some information as of June 2024) and contains information on FOXTRON Vehicle Technologies Co., Ltd. and Subsidiary FOXTRON Vehicle Technology (Hangzhou) Co., Ltd.. The scope of this report is the same as for the 2023 Hon Hai Annual Report. A note is made where global information or data is included. This report is based solely on the activities of the legal entities controlled by the company. The scope of this report is the same as for our 2022 report, and restatements of information made from the previous reporting period is explained in relevant chapters.
