Code of Integrity

In order to enable all employees to recognize the corporate culture of TTC's business integrity, enhance the behavioral ethic of all employees, and establish a sound business operation and business operations, the company has established a “listed cabinet company’s integrity based on the Taiwan Stock Exchange”. Based on the Code of Practice and the Guidelines for Behavior, the object of prohibiting dishonest conduct includes directors, supervisors, managers, employees, or persons who have substantial control over the company. Normative behaviors include not providing, promising, demanding or accepting any improper benefits, directly or indirectly, or other inconsistent behaviors such as infringement of integrity, illegality, or breach of fiduciary duties in order to obtain or maintain benefits. Regulate interests, including any form or name of money, gifts, commissions, jobs, services, preferential treatment, rebates, etc. In addition to the Code of Practice, the Company also adopts employee work rules, education and training, etc. to formulate a plan to prevent dishonesty, which covers the following preventive measures:

  1. Give bribery and take bribes.
  2. Provide illegal political contributions.
  3. Improper charity donation or sponsorship.
  4. Provide or accept unreasonable gifts, entertainment or other improper benefits.
Promoting business integrity management (part-time) units

The company is responsible for the management of sound integrity management. The human resources department has established a business policy and prevention plan, and reports to the board of directors on a regular basis. It also sets out the [Code of Practice for Corporate Social Responsibility] and clearly sets out corporate social responsibility policies, systems, and management guidelines.

Director's Code of Ethics for Directors and Managers

In order to align the conduct of directors, supervisors and managers of the company with ethical standards, the Company refers to the “Reference Example for Establishing Code of Ethical Conduct for Listed OTC Companies” and lists it as a textbook that must be studied by the relevant personnel each year. The normative targets include: directors, supervisors and managers of the company, and others who have signature rights for corporate management. The content of the specification includes: Avoiding the improper benefit of relatives in the company’s position in the company and causing conflicts of interest with the company’s interests. Avoid: (1) Competing with the company; (2) Taking advantage of company property, information, or by taking advantage of your position to seek private gain or gain direct personal gain.

The objects of the above specifications have confidentiality obligations for the company's confidential information, including all undisclosed information that has caused damage to the company after the leak. The Company shall treat the company's incoming (selling) customers, competitors and employees fairly, and may not obtain unfair benefits from misrepresentation or other unfair trade practices on important matters.

Work ethics and professional ethics regulations

In order to safeguard the credibility of the company's integrity and decent operations, the company has established the “Working Ethics and Professional Ethics Regulations” and listed them as new employee training programs. If there is any violation, it is included in the individual performance appraisal and the circumstances are significant. Work rules penalties.

Regulatory compliance

In addition to the implementation of credit management, TTC also focuses on regulatory compliance in all areas. To enable all employees to understand compliance issues, the company announces the latest regulatory information and trends through regular meetings of staff education and training and functions.

Employees obtain information such as new regulations, amendments to laws and regulations, and the legal department provides legal advice. In addition, internal training or irregular participation in external training courses, external legal experts are invited to hold lectures to strengthen policy and regulatory knowledge and capabilities related to employee business.

The Causes and Improvements of TTC's Relevant Discretion in 2017
Area Disposition organization Disposition reason Penalty(NT$) Improvement instructions
Head Office Head Office Taipei City Labor Bureau
  • 2017.6.15 Infringement of Article 56 Clause 2 of the Labor Standards Act, Insufficient Provisions for Old-age Pensions
NT$
150,000
  • The provision of insufficient pension has been added to the account at 2018.3.31.
Linyuan Plant Kaohsiung Environmental Protection Bureau
  • 2017.7.26 The Environmental Protection Agency inspects and detects the leakage concentration of VOCs in equipment components. The test results exceed the leakage standards and are penalized according to the Air Pollution Prevention and Control Act.
NT$
100,000
  • 2017.7.28 The company's testing company retested and reported to the Environmental Protection Agency.
  • Implement maintenance and inspection measures for equipment components:
    1. Equipment component disassembly inspection After the original repair and the new pipeline of the project shall be tested for VOCs leakage after completion to ensure no leakage after recovery.
    2. If it is a component that is frequently disassembled, it should be locked with a leak-proof tape (TAPE SEAL) before locking (cover), and the VOCs should be leaked to leave a record.
    3. After the inspection, in addition to the tank pressure leak detection, the disassembled equipment components shall be tested for VOCs by soapy water or instrument after recovery.
    4. The weekly equipment components shall be strengthened and the self-inspection shall be carried out by the supervisor.
Chien Chen Plant Kaohsiung City Environmental Protection Bureau
  • 2017.7.6 The Environmental Protection Agency inspects and detects the leakage concentration of VOCs in the equipment components. The test results exceed the leakage standards and are penalized according to the Air Pollution Prevention and Control Act.
NT$
100,000
  • 2017.7.7 The company's testing company retested and reported to the Environmental Protection Agency.
  • Implement maintenance and inspection measures for equipment components:
    1. The over-standard system is caused by the replacement of the active aluminum insert blind plate by the 2-point flange port; the improvement measures are self-test after the disassembly and assembly of the valve parts.
    2. In the past, the inlet and outlet flanges and shafts of the main measuring equipment were checked by the instrument when the vacuum pump was used. Improvement measures The vacuum pumping body was incorporated into the instrument inspection project.
    3. The testing equipment has been updated with a 2018 budget update.
Toufen Plant Miaoli County Environmental Protection Bureau
  • 2017.10.6 The Environmental Protection Department's Central District Inspector Brigade conducted an audit and found that the waste to be disposed of was not marked in the storage area and was fined in violation of the Waste Cleanup Law.
NT$
12,000
  1. Add a waste sign to be treated.
  2. 2017.12.22 Environmental Protection Bureau waste management department re-qualification.
  • 2017.10.6 The Environmental Protection Department Central District Inspector Brigade inspected and found that the ball mill and its dust collection equipment were not included in the fixed pollution source operation permit, and were fined in violation of the Air Pollution Prevention and Control Act.
NT$
100,000
  • The application for the fixed pollution source operation permit has been applied for at 2017.12.27, and the missing part was included in the permit. The “Certificate Plan” was approved by the Environmental Protection Agency at 2038.31.
  • 2017.12.1 The Environmental Protection Department's Central District Inspector Brigade inspected that the washing water used in the factory should apply for a storage permit and be fined in violation of the Water Pollution Prevention and Control Law.
NT$
60,000
  • The application for “Glass Cotton Process Recycling Water Storage Permit” has been filed at the Environmental Protection Bureau of 2011.38.28.
Tienjin Plnat None None None None
Zhong Shan Plant None None None None
Social care

Adhering to the spirit of “taking the society and the society in which it is used”, Delta Chemicals has spared no effort in community neighborhoods, local groups and local schools, and has continued to interact with local community neighborhoods to maintain friendly relations.

Giving back to the community, community development associations, education and culture, volunteers, community associations, local folk festivals, emergency relief
Providing job opportunities Hiring local talents in appropriate areas and encouraging contractors to hire local residents to work
Community association Limin activities, community representatives, environmental groups, religious activities

In 2017, the community investment was about NT$2 million(including the experimental high school in Taitung area).