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Hon Hai Technology Group (Foxconn) Wins Dual Silver at Asia Sustainability Reporting Awards for ESG Transparency
2025/11/26
CSR

26 November 2025, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) has been recognized with two Silver Awards – Asia’s Best Sustainability Report (Large Company) and Asia’s Best Supply Chain Reporting – at the 11th Asia Sustainability Reporting Awards (ASRA). These accolades highlight Foxconn’s dedication to high-quality sustainability disclosure and its ongoing efforts to advance sustainable supply chain management, demonstrating the company’s commitment to transparency and accountability in managing environmental, social, and governance (ESG) priorities.


Guided by its principle of “Always Better,” Foxconn’s 2024 Sustainability Report and Supplier Responsibility Report achieved significant improvements in both the breadth and depth of their disclosures. Making its debut at the ASRA, the company earned dual Silver Awards, reflecting the comprehensive, mature, and globally aligned nature of its sustainability reporting practices.


Rajesh Chhabara, Founder of the Asia Sustainability Reporting Awards and Managing Director of CSRWorks, stated: “We commend Hon Hai for demonstrating excellence in sustainability reporting and for embracing transparency as a cornerstone of responsible business. Their report reflects a deep understanding of how sustainability performance connects to long-term value creation and stakeholder trust.”


The Asia Sustainability Reporting Awards (ASRA) is the region’s most respected platform for recognizing excellence in sustainability reporting. The rigorous multi-stage evaluation process includes comprehensive assessments, peer reviews, and stakeholder reputation checks to identify the best reports across multiple award categories.


The 11th edition of ASRA brought together leading companies from 17 countries, representing diverse industries and reporting frameworks. Each entry was evaluated for clarity, credibility, completeness, and alignment with international best practices such as the GRI Standards, ISSB Standards, and TCFD recommendations.


Highlights of Foxonn’s Sustainability and Supplier Responsibility Reports

Sustainability Report

·      Adoption of double materiality assessment to identify key topics and their positive and negative impacts.

·      Verification level upgraded to Type 2 Moderate Assurance.

·      First-time disclosure of climate alignment and just transition commitments.

·      Use of renewable electricity reached 67.38%.


Supplier Responsibility Report

·      Inclusion of three new international regulations or indicators (CSDDD, BRSR, and Vietnam’s Corporate Governance Code), referencing 24 key domestic and global sustainability frameworks, indices, and goals for a comprehensive 360-degree assessment of disclosures.

·      Expansion of reporting boundary to include labor service procurement.

·      Extended coverage to operations in India and Vietnam.

·      Enhanced disclosure of human rights-related information.

Foxconn will continue to strengthen sustainability-related reporting to improve risk and strategy management, communicate progress transparently to stakeholders, build investor confidence, enhance brand reputation, and create long-term competitive advantage in global markets.

 

About Foxconn

Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking 28th among the Fortune Global 500. In 2024, revenue totaled TWD6.86 trillion (approx. USD208 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40%. The Group operates over 230 campuses across 24 countries and is one of the world’s largest employers with approx. 900,000 employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – artificial intelligence, semiconductors and next-generation communications technology. Pulling it together with its three intelligent platforms – Smart Manufacturing, Smart EV, Smart City – the “3+3+3” strategy is key to driving the Group’s long-term growth. Foxconn is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practice model for global enterprises. To learn more, visit www.honhai.com

 

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