MEAN WELL Enterprise has been honored with the 2024 "Excellence in Corporate Social Responsibility Award"

By: SDG Group CSO/ Patrick Wang
patrickwang@meanwell.com

Adhering to the concept of "Reliable Partners for Sustainable Development" and concretely implementing the SDG plan goals, MEAN WELL Enterprises won the 2024 " Excellence in Corporate Social Responsibility Award," ranking 22nd among large enterprises in the manufacturing industry from CommonWealth Magazine!
The "Excellence in Corporate Social Responsibility Award" was first held in 1994. After thirty years of promotion and initiative, it has become Taiwan's most influential ESG award. This year, CommonWealth Magazine cooperated with the Centre for Asian Philanthropy and Society (CAPS), and the selection was based on performance in four major aspects: corporate governance, corporate commitment, social participation, and environmental sustainability.
 
In terms of corporate commitments, Mr. Jerry Lin, the founder of SDG Group, has integrated the United Nations sustainable development goals into the company's business blueprint for sustainable development, specifically implemented the SDG project goals and plans, formulated a plan to promote 100 ESG companies, and pursued corporate development. At the same time, we should consider the pursuit of the environment, society, and corporate governance and exert our influence to fulfill our corporate social responsibilities. Promote the application of computerization and technology accelerators, build a shared economic platform (SDG Sustainable Development Website and SDG SHARE+ APP), and realize corporate change management; and gradually build a global corporate headquarters, improve the transparency and overall synergy of corporate governance, and move towards Sustainable business..

Regarding environmental sustainability, in response to global climate change issues, MEAN WELL uses standard power supply technology to actively promote low-carbon energy transformation, invest in three-energy (smart/green energy/energy-saving) products, and actively cultivate innovation and cultivation. Build a carbon footprint platform to independently declare the carbon footprint of products, organize greenhouse gas inventory training courses with partners, become a stable force in the power supply industry, and aim to achieve carbon neutrality by 2050.
 
In terms of social participation, we should inherit the original intention and cultivate an inclusive society. SDG Academy was established in 2022, adhering to the four modernization principles of value humanization, resource integration, international vision, and knowledge innovation, emphasizing practice and learning by doing, and cultivating sustainable talents for society and enterprises. Since 2011, it has been involved in the I Love Tamsui River public welfare activity. In 2023, it cooperated with the government, media, and non-profit organizations to trace the source of the Tamsui River, promote education, and take a series of actions to protect the river. Establish community charity centers in various districts to provide retired employees and local elders with space to learn and grow. In 2024, founder Mr. Jerry Lin established the Founder Charity Trust, promising to contribute more to society and the environment.

2024 Tamsui River Launch Ceremony, advocating to improve the water quality, ecology, and environment of the Tamsui River
 
MEAN WELL Enterprises continues to demonstrate the powerful power of ESG, changing from focusing on its own business in the past to pursuing synergistic expansion. In the future, we will cooperate with the government to monitor the water quality and biodiversity of Tamsui River and use practical actions to protect the common good of the river basin; we will also deeply integrate the upstream and downstream supply chains and plan to build MWPRO (MEAN WELL supplier material carbon footprint). In addition to breaking the original competitive and cooperative relationship also inspires more flexibility, creates more resilience, continues to connect the group's industrial alliances, and joins hands with partners to create a sustainable future!

Please visit the SDG Sustainable Development website to learn more about SDG Group's sustainability information.
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