Live Healthy, Think Grape King

 

Since its established in 1969, Grape King Bio has been committed to becoming one of the top health food manufacturers in the Biotechnology Industry. We have a strong and reputable position 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. I am very proud of our employees for continuously working together in an exciting 2022 to ensure that the Company’s operations run as smoothly as possible.

 

This year also marked the ninth year that Grape King Bio has been publishing our independently-verified ESG report, aligned with the Global Reporting Initiative’s GRI Standards. Each year Grape King Bio works to improve transparency and add relevant disclosures for our stakeholders. In the 2022 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 5 key aspects: reinforcing effective Corporate Governance structure, protecting Shareholders' rights and interests, strengthening the functions of the Board of Directors, respecting the rights and interests of Stakeholders, and enhancing information transparency. For the second year in a row Grape King Bio has been listed in the top 5% of listed companies for Corporate Governance 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.

 

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 Sustainable development 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 2022 was able to donate NT$18.8 million, along will volunteering man hours.

Grape King Bio continues to promote food safety with its PIC/S GMP, ISO22000, HACCP, NSF GMP, TQF, HALAL, ISO/IEC 17025 TAF certified laboratories, FSSC22000 and other international certifications. In 2022, we completed 284 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 2022 Grape King Bio’s R&D achievements were recognized with 29 gold, 2 Silver, 2 Bronze and 9 Special International invention and innovation awards as well as the 2022 Taiwan BIO Outstanding Biotechnology Industry Award. Furthermore, Grape King Bio was awarded the numerous other awards related to parts of the business, including Marketing, Products, Occupational Health and Safety as well as Employee Wellbeing with the Gold Award for Happy Enterprise from the 2022 1111 Job Bank for the 3rd year in a row.

 

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 and Headquarters is both ISO 14001 and ISO 50001 certified, and adopts the PCDA mode for environmental protection measures. In 2022 we managed to start procuring renewable energy, with 1% now being used. Furthermore we started to prepare for the implementation of ISO 14064 which is expected to be completed in 2023. Our goal is 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.”