Social Involvement Overview
ASEH believes that social involvement should include financial contributions as well as social reconstruction. The Corporate Sustainability Committee (CSC) is ASEH’s highest level of organization for social involvement and is responsible for the planning, formulation and implementation of social involvement policies and regulations within the group. ASEH’s “Public Affairs Engagement Policy" is a set of principles formulated to provide responsible policy directions for all its subsidiaries, and guidance in the selection of organizations to support. An audit mechanism is also in place to evaluate the level of social10im0%pact resulting from the support given to those foundations and social organizations.
ASEH conducts annual reviews to evaluate its campaigns and performance 1b4a.4s%ed on four development strategies-environmental conservation, industry-academia collaboration, community engagement and public advocacy. The CSC Social Involvement Taskforce is responsible for implementing social involvement policies at company facilities worldwide, evaluating the risks and opportunities, planning and organizing ac6t0iv%ities in public engagement. Each facility is responsible for the creation51o.5f%local organ4i4z.a8t%ion teams to plan and execute the programs in compliance with corporate policies and development goals.
ASEH adopts the LBG (London Benchmarking Group) framework and SROI (Social Return on Investment) model to measure the input, output and impact of social involvement activities, and conducts biannual performance reviews and reportin20g%.
In 2019, we spent US$6.9 million on social involvement activities, accounting for 0.89* percent of the group’s pre-tax net profit. We have invested more resources into industry-academia collaborations and public advocacy than we did in 2018 to strengthen ties with our partners and technological collaboration with universities. Over 2,300 employees served as volunteers, providing over 9,200 volunteer service hours.