Business Ethics and Code of Conduct

Ethics and integrity have always been the most important core value of ASUS Group corporate culture. We embody the five virtues "humility, integrity, diligence, agility, and courage" to be the social and personal consensus of our people, as well as to meet one of ASUS' business philosophies "Commit to integrity and diligence; focus on fundamentals and results".

ASUS formulates the "Employee Code of Conduct" based on Code of Conduct by Responsible Business Alliance (RBA, formally known as Electronic Industry Citizenship Coalition, EICC), and "Corporate Governance Best Practice Principles for TWSE/GTSM Listed Companies". The “Employee Code of Conduct” including but not limited to corruption and bribery, insider trading, intellectual property rights and proper preservation and disclosure of information. We create the online course of “Employee Code of Conduct” which is mandatory to all employees and is translated into various languages; new employees will need to complete the course within their first month. Currently, ASUS employees completed "Employee Code of Conduct" course which the attending rate is 98.55%. Furthermore, we retrain our employees annually as well as provide “Unfair Competition and Bribery” card to strengthen their moralities, hoping them to show their behaviors in high ethical standards. Questions regarding the contents of the code and the legality can be directed to the professional opinions of the legal center. In addition, ASUS formulates "Work Rule” that all employees shall abide during the terms of their services.

Employee Code of Conduct

Work Rule-Service Rules

ASUS has always engaged in all business activities with honesty and forbids corruption and any form of fraud. With a system of rewards and punishments, we make sure that employees do not accept any form of fraud regarding demand, contract, bribery, or any other improper benefits. Should anyone discover information of potential violation of the "Employee Code of Conduct" of ASUS employees, reporting can be made to ASUS through our public mailbox audit@asus.com. We will provide protection for the whistleblower from unfair and disrespectful treatment.

Bribery and Anti-Corruption Principle:

  1. ASUS employees must not offer or give bribes to public officials and must never engage in or facilitate corrupt practices in any pattern.
  2. ASUS employees must not contribute to illegal political donations, improper charitable donations, or improper sponsorship.
  3. These anti-corruption requirements are applicable to all agents and contractors of ASUS, including but not limited to, the contractors and consultants. It is ASUS’ policy that ASUS would cease engagement with those agents or contractors who was likely to bribe when dealing with ASUS’ affairs on behalf of ASUS.
  4. Giving a gift or entertainment, to public officials on behalf of ASUS shall be subject to Legal Affairs Center’s review.

In case of violation of the "Employee Code of Conduct", the employee will receive a penalty according to case scenarios and regulations. ASUS severely punishes incidents where regulations are violated, and the case will be reported to judicial units for investigation.
In 2017, the number of incident regarding Human Right is 0.

ASUS annually review the content of "Employee Code of Conduct" to ensure it is in line with our policies and government regulations.
ASUS "Employee Code of Conduct" (F2-030 Rev. 6) is the newest version released in 2018.
All ASUS employees are required to take the "Employee Code of Conduct" training every year.
ASUS did not have any breach of code of conduct during FY2017. If yes, we will announce the case at http://mops.twse.com.tw/mops/web/t05sr01_1.

In 2017, there was 1 violation of “Employee Code of Conduct” in ASUS group. The employee who was found to take the advantage of the position to receive commission was dismissed according to the internal "Work Rule", and we reserved the right to pursue the matter through legal actions. Afterward, we reinforced employees' compliance with "Work Rule" and “Employee Code of Conduct”, and all supervisors disseminated the correct concepts within the department.

Regarding the business partners, ASUS requests them to sign the "Code of Conduct Compliance Declaration". ASUS will take necessary legal actions in accordance with the provisions of the conduct to partners who violate anti-bribery and anti-corruption policy and thus cause damages to the business.

Workplace Violence and Sexual Harassment Prevention Management Standard

ASUS formulates Illegitimate Invasion and Workplace Violence Management Standard(F2-047) and Sexual Harassment Prevention Management Standard (F2-031).
In the event of illegitimate invasion, employee could file a consultation and complaint through workplace violence and sexual harassment prevention hotline: 6666@asus.com. The Company will immediately start the investigation and processing mechanism upon receiving such complaints filed by the employee. The workplace violence and sexual harassment prevention hotline: 6666@asus.com is a confidential and private reporting channel.