Sustainable development

Sustainable Business Philosophy and Corporate Vision

"Supply high-quality stainless steel surface treatment materials that create value and promote better lifestyles." is Tungmung’s vision. In order to achieve this corporate vision, all members of Tungmung will uphold the following business philosophy and do our best with this in mind at all times.

Business philosophy

Sustainability Management Framework,Indicators, and Performance

To achieve the Company’s sustainable development and fulfill our corporate social responsibility and promote the sustainable development of the economy, society, and environment, we have established the CSR Implementation Task Force,with the Chairman and President chairing the task force, the heads of each department serve as the executive members, to execute tasks related to sustainable development. The task force is responsible for setting the CSR goals and the company-wide development directions, regularly reviewing if the targets are achieved and the performance, and evaluating the Company’s implementation and countermeasures to achive the company’s sustainable development .

Corporate Governance

Conduct ethical management, comply with laws and regulations, and control operational risks and stakeholder issues.Strengthen competitiveness pragmatically and continue to create profit to give back to shareholders and society.

Products, Clients, Suppliers

Actively improve quality and develop technologies, expand overseas markets, maintain quality customer service, and optimize supply chain management to achieve mutual benefits and prosperity in the internal and external stages of production and sales.

Sustainable Environment

Make good use of limited resources and strengthen energy control (energy conservation, water conservation, carbon reduction, and waste reduction), purify and reuse wastewater, and install solar energy facilities to promote ecological sustainability and reduce environmental impact.

Contribution to Society and Employees

Attach importance to employees’ physical and psychological well-being and the harmony between labor and management, enforce occupational safety and health and occupational safety measures, strengthen competence training, pass on experience, and participate in community activities to promote charity development in local communities.。

Information Management

While conducting business activities, ensuring our clients’ privacy and protecting and respecting the information provided are regulations and requirements that all the Company’s employees must comply with to ensure that the Company’s confidential information will not be leaked.Unless in accordance with “Regulations Governing Establishment of Internal Control Systems by Public Companies” and “Internal control system” to conduct Information Management .We import “ISO:27001:2022 ”to strengthen Information Management further.

Stakeholder Engagement

To understand the issues on which stakeholders focus, realize our commitments to them,

and maintain effective and positive communication with them, Tung Mung has established a transparent and effective multi-party communication platform, distributed questionnaires to the stakeholders it interacted with through business activities held by various departments, to understand various stakeholders’ needs, their expectations of Tung Mung, and their issues of concern.

Material Topic Identification

To understand Tung Mung’s issues about which stakeholders were concerned, we designed a CSR questionnaire and listed 14 issues in the economic, social, and environmental aspects: operational performance, compliance, corporate governance, supply chain management, energy management, air and greenhouse gas emissions, wastewater and waste treatment, chemical management, occupational safety, labor-management communication, talent cultivation and equal employment, water consumption, product quality, and technology development. We distributed the questionnaires to stakeholders to rate their degree of concern (for key internal/external stakeholders) and level of impact (for internal managers/employees) regarding each issue on the Company’s operation. 

Swipe right to see more

Sustainability IssuesClassification of No. Sustainability Issues Degree of Stakeholder Level of Impact Multiplication Sorting of Material Issues
Economic Aspect 1 Operational performance 4.1 4.8 19.6 2
2 Compliance 4.1 4.7 18.9 3
3 Corporate governance 3.9 4.4 17.2 5
4 Supply chain management 3.5 4.0 13.8 12
Environmental Aspect 5 Energy management 3.6 4.0 14.3 10
6 Air and greenhouse gas emissions 3.9 3.9 15.1 8
7 Wastewater and waste treatment 4.0 4.3 17.0 6
8 Chemical management 3.9 3.9 15.0 9
13 Water consumption 3.6 3.6 13.2 13
Social Aspect 14 Product quality and technology development 3.6 4.2 15.2 7
9 Occupational safety 4.3 4.6 19.8 1
10 Labor-management communication 3.9 4.6 17.9 4
11 Talent training and equal employment 3.7 3.9 14.2 11
12 Community participation and charity 3.3 3.6 11.1 14