UMC Receives Highest Platinum Award for 2018 Taiwan Corporate Sustainability Report
UMC wins first place in the electronic information manufacturing sector for transparency and disclosure
Hsinchu, Taiwan, November 22, 2018 – United Microelectronics Corporation (NYSE:UMC; TWSE: 2303) ("UMC"), a leading global semiconductor foundry, today announced that the company has achieved the highest Platinum honors for the “Top 50 Corporate Sustainability Report Award” and the first "English Reportage Award." UMC’s strong scores in the Taiwan Corporate Sustainability Report led the company to achieve the top rank among all corporations in the electronic information manufacturing sector, its 11th consecutive honor since this award was established. The foundry is Taiwan’s earliest and most decorated company to transparently promote sustainable development and social responsibility. The award was presented by Wellington L. Koo, chairman of the Financial Supervisory Commission, R.O.C. (Taiwan), during a ceremony held today at the Grand Hotel in Taipei.
S.C. Chien, co-president at UMC, said, "UMC has consistently maintained the spirit of integrity and transparency while publishing our non-financial annual report for the past 18 years so that we may effectively communicate our sustainable practices with our stakeholders. We believe that sustainable development is a key strategy for business operations, with transparent, trustworthy and sustainable information disclosure demonstrating our sustainable credibility and competitiveness. This year’s first place accomplishment encourages us to be even more active in sustainable practices to help create a beautiful society.”
Since 2006, UMC has published its Corporate Social Responsibility Report in accordance with the guidelines of the Global Reporting Initiative (GRI). This year, in addition to following the AA1000 Assurance Standard Type II High level assurance, UMC also sought third party verification to ensure the quality of the content disclosure. Additionally, the company follows the latest GRI Standards Comprehensive Option to prepare the report content. The status of the company's sustainable development and social responsibility practices were publicized in 2017.
About the Taiwan Corporate Sustainability Report Award
The Taiwan Corporate Sustainability Report Award was established by the Taiwan Institute for Sustainable Energy in 2008. It was set up to encourage companies to enhance the quality of sustainability practices and quantity of governance information, strengthen commitment to maintaining sustainable development, promote a friendly environment and enhance social welfare. In 2018, the award was divided into two categories: "Corporate Sustainability Report" and "English Reportage Award." The assessment criteria included completeness, credibility, communication, accessibility, transparency, timeliness, and interactivity.
UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry that provides advanced IC production for applications spanning every major sector of the electronics industry. UMC’s comprehensive foundry solutions enable chip designers to leverage the company’s sophisticated technology and manufacturing, which include world-class 28nm High-K/Metal Gate technology, 14nm FinFET volume production, specialty process platforms specifically developed for AI, 5G and IoT applications and the automotive industry’s highest-rated AEC-Q100 Grade-0 manufacturing capabilities for the production of ICs found in vehicles. UMC’s 11 wafer fabs are strategically located throughout Asia and are able to produce over 600,000 wafers per month. The company employs more than 20,000 people worldwide, with offices in Taiwan, China, Europe, Japan, Korea, Singapore, and the United States. UMC can be found on the web at http://www.umc.com.
Note from UMC Concerning Forward-Looking Statements
Some of the statements in the foregoing announcement are forward-looking within the meaning of the U.S. Federal Securities laws, including statements about introduction of new services and technologies, future outsourcing, competition, wafer capacity, business relationships and market conditions. Investors are cautioned that actual events and results could differ materially from these statements as a result of a variety of factors, including conditions in the overall semiconductor market and economy; acceptance and demand for products from UMC; and technological and development risks. Further information regarding these and other risks is included in UMC’s filings with the U.S. Securities and Exchange Commission. UMC does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.