JCET Releases 2023 ESG Report and Drives Sustainable Development

Shanghai, China, April 19, 2024 - JCET Group (SSE: 600584), a leading global provider of integrated circuit (IC) back-end manufacturing and technology services, has released its 2023 Environmental, Social and Governance (ESG) report. The report details the company’s comprehensive approach to sustainable development.

In 2023, JCET emphasized the strategic value of ESG governance, achieving high-quality growth and contribute positively to the packaging and test industry, as well as to society. JCET continues to strengthen its green development capabilities, expanding clean technology adoption and reducing greenhouse gas and waste emissions. Building on its previously outlined "five-year goals,” JCET has set targets: achieving a water reuse rate of 50% and a solid waste landfill rate below 1% by 2025, and operational carbon neutrality by 2030. These initiatives will improve resource utilization efficiency and environmental performance.

Leveraging its industry leadership, JCET is committed to expanding the application of its products in sustainable development. New energy vehicles and industrial automation are key focus areas where JCET empowers its partners to achieve green goals. The company also integrates ESG into supply chain management, encouraging and supporting suppliers in improving their sustainability practices. This fosters a collaborative development model within the IC supply chain.

JCET is committed to a people-first strategy, prioritizing employee wellbeing and societal contributions. The company invests in its employees by providing fair development opportunities and pathways for innovation. JCET actively engages in public welfare initiatives, focusing on wellness, environmental protection, disaster relief, and science popularization. In 2023, the company established the "JCET Environmental Protection and Health Charity Fund" to support ecological protection, health and safety initiatives, and programs caring for women and children. Additionally, JCET completed the construction of the IC Packaging and Test Museum, a platform for industry exchange and public science education, which has received widespread praise.

Mr. Li Zheng, CEO of JCET, stated: “Over the past year, we’ve firmly integrated sustainability principles into our corporate governance and operations. While promoting high-quality business development, we’ve also made significant efforts in supply chain management, product quality, R&D innovation, safety production, and customer service. Moving forward, JCET will continue strengthening its core competitiveness and partner with stakeholders to create greater value for the economy and society.”