To achieve the common good for society, ASE Technology Holding is taking actions to stimulate positive social change, and bring about an increase in awareness, behavioral changes, skill development and quality of life, based on the principles of Connection, Improvement and Transformation. 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 social impact resulting from the support given to those foundations and social organizations.
ASEH conducts annual reviews to evaluate its campaigns and performance based 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 activities in public engagement. Each facility is responsible for the creation of local organization 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 reporting.
In 2020, we spent US$8.1 million on social involvement activities, accounting for 0.64 * percent of the group’s pre-tax net profit. Compared with 2019, we invested more resources into environmental protection and community development that focused heavily on reinforcing community connections and caring for the underprivileged. We recorded over 5,900 hours of voluntary service performed by over 2,800 volunteers.
The Social Investment Performance Evaluation System
In 2020, we set up a social investment performance evaluation system to better understand and manage social investment resources, activities, and operational approaches. The system is focused on assessing ASEH’s social engagement programs (conducted by the ASE Cultural and Education Foundation and the ASE Environmental Protection and Sustainability Foundation) through analyses of the social return on investment (SROI). SROI references the concept of rate of return to evaluate the social investments vs the benefits produced and presents the results in monetary value.
The evaluation system integrates objectives and key results (OKR) and focuses on the key results that could be concretely achieved by various project stakeholders. Project owners set annual targets from the start and the ASE foundations consolidate them into a unified framework system that allows them to conduct annual evaluations, management and tracking. The system also allows evaluation and adjustments throughout the project, so as to conform with the set targets. We also apply the standards and principles from UN SDGs, Dow Jones Sustainability Indices and the Sustainability Accounting Standards Board into the evaluation to stimulate social engagement and optimize results.