Live Healthy, Think Grape King

 

Since its establishment in 1969, Grape King Bio has been committed to becoming one of the top health food manufacturers in the Biotechnology Industry. We enjoy high reputation in Taiwan with leading-edge raw material and product innovations. “Technology, Health, and Hope” are the core values of Grape King Bio, which help to guide us in pursuing our vision and mission as a leader in the health food industry thus becoming the “health expert taking care of the whole family". I am very proud of our employees for continuously working together in an exciting 2023 to ensure that the Company’s operations run as smoothly as possible.

 

After the global pandemic restrictions were lifted in 2023, the public's demand for health food consumption did not diminish, with the global market continuing to expand. In response to the growing needs of both the Taiwan and international markets, the first phase of Grape King Bio’s fourth factory was put into full production in August 2023. Also known as the “Grape King Bio Health Park”, this facility more than doubles the PKL packaging capacity and also offers room to expand other production lines according to production requirements. We also obtained two new ISO certifications, "ISO14064 Greenhouse Gas Inventory System" and "ISO37001 Anti-Bribery Management System", demonstrating our company’s continued drive to sustainable management, which helps create a better sustainable future for generations to come.

 

This year also marked the 10th year that Grape King Bio has been publishing our ESG report, aligned with the GRI Standards. Each year Grape King Bio works to improve transparency and add relevant disclosures for our stakeholders. In the 2023 report we have included disclosures in line with the TCFD framework and have also published disclosures according to SASB standards on our website.

 

Under the expectation of sustainable operation, Grape King Bio continues to strengthen its corporate governance , focusing on 4 key aspects: protecting Shareholders' rights and interests, strengthening the functions of the Board of Directors, reinforcing Corporate Social Responsibility, and enhancing information transparency. For the third year in a row Grape King Bio has been listed in the top 5% of listed companies for Corporate Governance Evaluation by the TWSE. Our Finance Department acts as the administrator for corporate governance and integrity management in order to bolster its structure and assist in formulating the code of conduct for promoting integrity management. Through internal education and evaluations, the values of integrity and ethics are actively implemented and regularly reported to the board of directors every year.

 

With regard to food safety, Grape King Bio continues to promote product responsibility through our strict food safety record system. Furthermore, we hold multiple international certifications such as PIC/S GMP, ISO22000, HACCP, NSF GMP, TQF, HALAL and ISO/IEC 17025 TAF certified laboratories, FSSC22000, etc. In 2023, we completed 220 onsite and virtual audits on our vendors and suppliers to ensure raw material safety and ethical sourcing. We currently have strict standards to ensure that consumers can drink and eat our products with peace of mind.

The Grape King Biotech Research Institute has, for many years, used industry-leading fermentation expertise to develop raw materials and products that are beneficial to the society. In 2023 Grape King Bio’s R&D achievements were recognized with 30 Gold, 2 Silver, and 14 Special International Invention and Innovation awards as well as the 2023 Taiwan BIO Outstanding Biotechnology Industry Award. Furthermore, Grape King Bio was awarded the numerous other awards related to parts of the business, including Marketing and Products. Myself and my colleagues are also actively involved in various academic and talent programs where we mentor and develop the potential talent for the future. Students are welcomed into our business and are encouraged to learn and gain practical work experience for their future careers.

 

Grape King Bio continues to have an Occupational Safety and Health Committee and is equipped with full-time nurses. I encourage them to hold regular health lectures where employees can learn more about their own well-being. In 2023 we obtained ISO/CNS 45001, and continued to encourage various sporting events and competitions for colleagues to take part in. Furthermore, Grape King Bio was awarded Occupational Health and Safety certification as well as Employee Wellbeing with the Happy Enterprise Gold Award from the 2022 1111 Job Bank for the fourth year in a row.

 

Knowing the importance of social responsibility and prosperity, Grape King Bio for many years has worked closely with both local and national organizations, charities, communities, schools and other academia to understand and assist with all aspects of life. Our Sustainability and ESG Committee have split these needs into the fields of "Environmental sustainability", "Social participation", and "Corporate governance", to ensure we are able to fairly contribute across all sectors. Grape King Bio in 2023 donated NT$19.78 million, along with 655 volunteering man hours.

 

In order to provide a sustainable environment for the next generation, Grape King Bio deeply understands the urgency to set positive goals for climate change. Our Pingzhen Factory/Headquarters is both ISO 14001 and ISO 50001 certified, and adopts the PDCA model for environmental management. In 2023 we managed to start procuring renewable energy, with 2% now being used. Furthermore, we were awarded the ISO 14064 and signed our commitment to complete SBTi target setting by the end of 2024. Grape King Bio therefore continues to plan and implement changes in order to reach our RE100 commitment to use 100% renewable energy by 2035.

 

We welcome your feedback on our 2022 ESG report in order to better communicate what is important to all of our stakeholders. Grape King Bio remains focused on utilizing our strengths in research and development to offer products that improve the health and overall wellness of consumers and society. “Live Healthy, Think Grape King.”