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SFA Semicon Kicks Off Sustainability Governance Initiative

MAR 05, 2020 BY: VG Cabuag

Publicly listed SFA Semicon Philippines Corporation (SSP) signed last week an agreement that signals its Sustainability Governance initiative and engaged sustainability management advocate Ecolife Foundation to build up its capability in the development and performance monitoring of key sustainability areas within the company’s value chain system.

The consultancy agreement covered the conduct of a half-day session wherein SSP’s Sustainability Management Team headed by SSP Treasurer and Compliance Officer Caroline S. Sicat ((third from left in the photo) participated in a half-day orientation on sustainability and sustainability management systems and hands-on materiality assessment workshop that defined its sustainability performance areas and a robust monitoring system.

“The sustainability governance workshop is a decisive step towards not just compliance to the directive of the Securities and Exchange Commission for the disclosure of the economic and environmental, social and governance (ESG) impact of SSP but also the development of sustainability management system in the company,” Ms. Sicat stressed.

The sustainability training workshop was conducted by Dr. Juan Reyes, Jr., Ecolife Chairman (second from left in the photo) and assisted by Investor Relations consultant Dr. Claro Ganac (extreme right in the photo) and Dr. Regina Reyes, Ecolife Director (extreme left in photo). Ecolife is the partner institution of the De La Salle College of St. Benilde in the Executive Diploma Program on Sustainability Management, a three-module program that encompasses sustainability management, ESG systems and sustainability accounting and reporting.

The Clark Freeport-based SSP is one of the country’s leading semiconductor assembly and test companies with exports of DRAM and flash memory products worth over $2.5 billion annually. It is part of the SFA Group, a regional  player in semiconductor equipment and engineering systems and semiconductor based in South Korea.


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