CSR

Since the establishment of OBI Pharma Inc. in 2002, we have been focusing on the research and development of new drugs, challenging ourselves to fulfill unmet medical needs in hard-to-treat diseases with innovative and cost-effective products to improve people’s health and quality of life.

As a public company, our core philosophy is based on “whatever you take from the society; use them for the society” and sustainable development. We examine ourselves against the highest ethical standards and social responsibility. We not only aim to contribute to the overall health of mankind, but also promise to:

  • Promote corporate governance and comply to laws and regulations
  • Comply with the code of ethics when interacting with care providers during R&D and clinical trial process
  • Comply with the code of ethics when interacting with care providers during R&D and clinical trial process
  • Maximize company value and promote shareholder benefits
  • Provide fair employee compensation, benefits, healthy work environment, and career development
  • Devote in social welfare
  • Mindful of environmental changes, implement green office, and reduce carbon footprint
In order to promote corporate social responsibility (CSR) related policies, activities and affairs, OBI organized an internal task force led by company’s Chief Financial Officer and supported by Public Relations and Government Affairs and Human Resource and Administration department. The task force team, based on environment, social responsibility, corporate governance (ESG), is allocated into five sub-groups: corporate governance and economics , employee welfare, social care, environmental sustainability, and product services. Through internal communications and discussions, we continue to promote the principles of corporate governance and social responsibilities.
(1) Corporate Governance
  1. We established the corporate CSR policy as the basis for practicing social responsibility.
  2. We continue to promote CSR in relations to business operation at internal meetings, such as the importance of recycling and reducing carbon footprint.
  3. Established corporate policies on employee code of conduct, remuneration, and stock options.
(2) Environmental Sustainability
  1. We are a biopharma company. Current product pipeline are in research or clinical development without mass production. We continue to implement programs on energy conservation, recycling, reducing the use of paper and disposable cups—for energy conservation and waste reduction.
  2. Due to the nature of biotechnology operation, a safety committee and relevant waste disposal and recycling policies are in place to comply with environmental regulations.
  3. At the present stage, the company does not involve in any commercial production, thus do not produce greenhouse gases resulted from production and manufacturing. However, we are actively involved in discussions on reducing carbon footprint and greenhouse gases. To conserve energy in offices and laboratories, air-conditioning equipment are temperature controlled. In addition, manufacturing management also takes environmental load into consideration, thus optimize efficiency and decrease pollution.
(3) Social Welfare
1. Support patient groups

OBI is a onco-therapeutic development company with diverse pipeline. On the basis of care, we have always maintained close contact with patient groups, listened to patients’ heartfelt messages, actively engaged in fulfilling the needs of patients, and involved in patient workshops and sessions.

OBI has maintained good relationship with Taiwan Breast Cancer Association (TBCA), the largest breast cancer patient group in Taiwan. As a co-organizer, OBI participated at the 2018 International Breast Cancer Prevention and Control Month. On October 6, self-organized employees volunteered at the 2018 Pink Ribbon Lighting Event to assist at the information desk, stage activities, and various game and photo booths. The total amount of donations from the company to support the patient group from 2017 to 2018 is NT$200,000.

2. Bridge the industry with academia

Talent development is one of the most important assets for biotechnology industry. OBI has implemented mid/long-term development plan for cultivating biotechnology professionals, in hope to foster new talents. OBI is also actively engaged in campus-based career fairs, include providing summer internship opportunities. We also have close relationship with academic and educational institutions. Students, job-seeking youth, and social elites may enter corporate job markets through the participation of such related activities. The long term goal is to continue the development of biotechnology industry by cultivating young professionals.

3. Participate in public associations, support academic, and promote industrial and social welfare

The company is heavily involved in the overall development of the biotechnology industry. OBI actively supports, participates in and sponsors activities organized by professional and academic associations. We provide the warmest hospitality to host academic group visits and biotechnology camps. OBI encourage the young generation who are interested in biotechnology to cultivate themselves as talents for the industry.

In terms of social welfare, in 2017, OBI sponsored “Dancing Life Stair Climbing” hosted by City Link in the Nangang Station Building. There were 30 OBI employees who participated in the event. Combined registration fee of NT$600,000 was donate to the Creation World Social Welfare Foundation for a special purpose for care pf the vegetative. OBI also devotes in social welfare through donations and sponsorship. In 2017, a total of NT$460,000 was donated for the “Taiwan Biotechnology Month.” In 2018, the donation and sponsorship summed at NT$800,000.

4. Promote employee-employer relationship
    1. Human resource is our greatest asset
      1. Team building activities
      2. Employee benefits include labor insurance, health insurance, group insurance, annual physical examination, holiday/birthday bonuses, marriage/funeral disbursements, annual outing, and employee stock options, etc.
      3. Employee leisure clubs to build ‘great place to work’ and increase employee bonding.
      4. Quarterly employer-employee meeting to ensure employees’ legal rights are not breached. Organize employee welfare committee.
    2. Workplace safety
      1. OBI complies with Labor Safety and Health Law. On the basis of relevant laws and regulations, ‘Code of Conduct on Labor Safety’ outlines the roles and responsibilities of the Company.
      2. OBI values employees’ safety and health. Laboratory and office safety drill is conducted at least twice a year.
      3. As products are in the R&D/clinical stage, production and manufacturing cycle has not begun. However, to plan for our long term vision, the Safety and Health Committee was established in 2014.
    3. Open door policy to Human Resources, Department managers, General Manager allow complains where employees will be kept anonymous for privacy reasons
    4. Emphasize two-way communication
    5. Personalized career development plan
    6. Following labor law, OBI retirement package includes:
      1. Employee pension
      2. Match 6% of employees’ earning to the individual retirement account
      3. Retirement qualification: following current labor law
      4. Numbers of retired employees in 2018: 1.
5. Product responsibility

Although OBI’s products are still in the R&D and clinical phase, we will take on customer related services and product responsibility once commercialized:
    1. The company ensures that product labeling and marketing are in compliance with relevant regulations.
    2. Suppliers are evaluated and before collaboration and/or qualified as vendors to OBI.
    3. Before entering a partnership deal, OBI is responsible to provide adequate information on the company's integrity policy, reasonable quotation, best quality and service, in order to enhance corporate social responsibility together.
6. Vendor relationship
    1. OBI is committed to sustainable business development. Based on our own social responsibilities, we emphasize the importance of supply chain management; safety, environmental protection and energy conservation are listed as suppliers' key indicators. In addition, routine audits are conducted to ensure suppliers' compliance to environmental regulations.
    2. Safety: implement labor safety and health management that complies with the Labor Safety and Health Law, including protective equipment to the operator, to ensure the safety and health of employees.
    3. Environmental protection: majority of the supplies are located in industrial parks. Waste management are required to comply with comply with Water Pollution Control Act, Air Pollution Control Act, and Waste Disposal Act. Prevent the use of high-pollution materials to make the greatest effort on environmental protection.
    4. Energy efficiency: when possible, source materials from domestic manufacturers to avoid carbon footprint from international logistics. Increase the use of environmental friendly office supplies and equipment to promote reduce, reuse, recycle.
(4) Information Transparency
  1. Disclose corporate social responsibilities in Annual Reports and public statements. Sponsorship and/or participation in community activities are make known to the public through public media or other means of communication.
  2. The CSR report has been published on the corporate website. OBI will continue to promote corporate responsibility, governance, sustainability, and social welfare.