Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Environmental
• Social

Environmental Achievements

• Received the New Taipei City Government's award for outstanding performance in private green procurement in 2023.
• Complied with RoHS and REACH regulations on hazardous substances and customer requirements.
• No violations of environmental regulations.

Social Achievements

• Maintained zero workplace accidents.
• Employee average salary increased by 3% in 2023.
• 100% retention rate for employees returning from childcare leave.

Governance Achievements

• Listed on the Taiwan Innovation Board in December 2023.
• No reports of personnel violating integrity; no violations of corporate governance regulations; no major deficiencies in internal control operations.
• Independent directors accounted for 1/3 of the board; board attendance rate was 97.5%.

Climate Goals & Targets

Environmental Challenges

• Increasing greenhouse gas emissions.
• Increasing waste disposal volume.
• Water and electricity shortages.
• Violation of environmental regulations.
• Unsafe work environment.
• High employee turnover rate / labor shortage.
• Insufficient product market competitiveness / product defect liability.
• Frequent cybersecurity incidents / cybersecurity incidents causing business interruption.
• Increased customer complaints / inability to improve customer satisfaction.
• Rising raw material prices / supply chain disruptions.

Mitigation Strategies

• Implementing energy-saving projects, reducing carbon emissions and operating costs.
• Avoiding the use of controlled substances, reducing environmental impact and exposure to chemicals.
• Implementing water-saving projects, improving water efficiency, and reducing demand.
• Strengthening climate resilience, establishing UPS power storage function.
• Strengthening regulatory training, paying attention to regulatory updates.
• Encouraging participation in environmental and safety and health activities and training, establishing a "Occupational Health and Safety Management Team".
• Providing competitive salaries and benefits to attract talent.
• Ensuring compliance with regulations and purchasing product liability insurance.
• Developing marketing strategies, analyzing market changes, and taking countermeasures.
• Conducting annual security testing, IT security checkups, social security, and cybersecurity incident drills.
• Strengthening employee cybersecurity awareness and the response capabilities of cybersecurity personnel.
• Announcing and promoting cybersecurity policies annually, cultivating employees with cybersecurity certifications.
• Providing cybersecurity training to all employees.
• Providing assistance to customers when needed, establishing a customer-centric corporate culture.
• Understanding loyal customers.
• Observing price trends and supply and demand, planning and adjusting raw material inventory, and reflecting this in sales prices.
• Actively developing multiple supply channels for key raw materials, maintaining good relationships with suppliers.

Supply Chain Management

Supplier Audits: 12 suppliers (75% coverage), 100% compliance rate, 94/100 score

Responsible Procurement

• Compliance with local regulations and Kimforest's ESG policies.
• Requirement for suppliers to implement green procurement.

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons, floods, and other extreme weather events

Transition Risks

• Increased greenhouse gas pricing, changes in policies and regulations

Opportunities

• Recycling and reuse, using low-carbon energy, developing and increasing low-carbon products and services, participating in carbon trading markets

Reporting Standards

Frameworks Used: GRI Standards 2021

Certifications: ISO/IEC 27001:2022, CAP

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• New Taipei City Government's award for outstanding performance in private green procurement in 2023