Commitment to Sustainability

Commitment to
Sustainability

There is no proven formula to long-term success, but Cirtek believes that embodying strong governance principles guide and drive the company in strong and steady, sustainable growth for the long term, even through rough business cycles. Cirtek’s business philosophy is rooted in the principles of accountability, fairness, and transparency. These form the core of our sustainability goals.

Working towards continued success and sustainability is a company-wide endeavor, and as such, the Board of Directors, management, and its officers commit to adhere to globally accepted standards for sustainability reporting in coordination with the evaluation and management of economic, environmental, social and governance (EESG) issues.

Certifications

Being a trusted partner with a sustainable local and continues improvements to cater our markets and customers, global impact through innovative, customer-focused and high-quality services and solutions.

The international environmental standard ISO 14001:2015, which specifies the requirements for an environmental management system that an organization can use to enhance its environmental performance.  ISO 14001:2015 seeks to manage its environmental responsibilities in a systematic manner that contributes to the environmental pillar of sustainability.  ISO 14001:2015 helps an organization achieve the intended outcomes of its environmental management system, which provide value for the environment, the organization itself and interested parties.  Consistent with the Company's environmental policy, the intended outcomes of an environmental management system include:

· enhancement of environmental performance
· fulfilment of compliance obligations
· achievement of environmental objectives.

The Cirtek Group is also SONY Green Partner Certified which passes the standards and requirements of SONY.  This is a stepping stone that the system of the Company is in place in terms of their requirements for QMS and EMS standards.  SONY has identified substances contained in the parts or materials of SONY products that have been judged to have a significant impact on the global environment and may harm human health.  Thus, SONY established its "Management Regulations for Environment-related Substances to Be Controlled which Are Included in Parts and Materials" and clarifies which chemical substances cannot be used or whose use it is working to reduce.  SONY introduced its "Green Partner Environmental Quality Approval System" for ensuring that suppliers comply with these standards and regulations, and SONY only procures from suppliers who are certified as Green Partners.

Beginning with just 3 customers in 1984, the company through its subsidiaries has significantly grown its customers base to 42 at present. Despite the volatility in the semiconductor industry worldwide, the company has grown continuously with a compounded annual growth rate of 25% in volume produced over the past 10 years.

Stock information

As mandated by the Securities and Exchange Commission (SEC) of the Philippines, the company’s annual General Information Sheet (GIS) is readily made available online.

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Press Release

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Disclosures

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Board Committee Charters

The Board of Directors (the Board) of Cirtek Holdings Philippines Corporation is the main decision-making body for all the major financial and business dealings of the company.

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