SolidWizard Technology Co., Ltd.
Climate Impact & Sustainability Data (2022-2023, 2023)
Reporting Period: 2022-2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainable Ecological Challenges
- Corporate Social Responsibility
Environmental Achievements
- Using PLM to assist in sustainable ecological environmental challenges by 7.5 Gt CO2e
- Digital Twin can help reduce carbon emissions (using 5 use cases)
Social Achievements
- Charity Sponsorship and Employee Marathon Events
- Complete Training Course to improve employee skill and work ability
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Nurturing a research and development team, establishing proprietary software brands, and global marketing
Medium-term Goals:
- Establishing a proprietary brand in Greater China
Short-term Goals:
- Enhancing brand awareness in the Asia-Pacific region
Environmental Challenges
- Doing whatever others do (in terms of environmental initiatives)
Mitigation Strategies
- New LCA Evaluation Tool assists clients in guiding and integrating sustainable ecological design concepts into PLM
- Integrating measurable sustainable indicators starting from the product design stage
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Social Achievements
- Established the Employee Welfare Committee to handle various employee welfare measures, including employee health checkups, employee trips, outdoor activities, and year-end banquets.
- Implemented the 5S healthy and safe office environment awareness campaign.
Governance Achievements
- Established the Audit Committee on June 10, 2014 to assist the Board of Directors in performing its duties.
- Established the "Rules for Performance Evaluation of Board of Directors" to improve the functions of the Company's Board of Directors and enhance the operating efficiency of the Board of Directors.
- Amended the "Rules of Procedure for Shareholder Meetings" and the "Procedures for Election of Directors" and established the "Regulations Governing the Evaluation of the Independence and Suitability of CPAs".
Climate Goals & Targets
Long-term Goals:
- To accommodate the Company’s growth, in addition to the markets in Taiwan and China, Southeast Asia and other regions are the direction of consideration for the Company’s future planning and development.
- Aiming to become 3D software and hardware integration McKinsey & Company, a consulting firm for SMEs in the Greater China region.
Medium-term Goals:
- Planned training for engineering technology, marketing, sales, customer professional service, and management talents to improve marketing and consulting service capabilities, and establish long-term customer partnerships.
- Plan the role and product expansion of the 3DEXPERIENCE platform-based cloud 3D design collaboration solution and advanced analysis SIMULIA, ENOVLA PLM and other solutions, including digital marketing, digital products, digital manufacturing, big data and business intelligence solutions.
Short-term Goals:
- Actively developing potential customer needs for the 3DEXPERIENCE 3D design collaboration cloud platform solution.
- Providing advanced multi-physics analysis solutions for structures, fluids, electromagnetics, and product lifecycle management.
- Provide integrated services such as digital manufacturing and testing, including 3D printing, 3D reverse engineering and testing, 3D visual recognition and AI deep learning, and automated collaborative arms.
- Provide multi-year maintenance service contract consulting service to optimize customer R&D design and collaboration efficiency through planned counseling.
Environmental Challenges
- Difficult operating environment for international trade and manufacturers due to the Russo-Ukrainian War, global inflation, and the Israel-Hamas War.
- Software piracy causing economic losses.
Mitigation Strategies
- Actively promote 3DEXPERIENCE 3D design collaboration cloud platform and high-level analysis digital manufacturing solutions to expand the scope of product sales and customer base.
- Increase the renewal rate of multi-year software maintenance contracts through consultative integrated services.
- Entrust the Business Software Alliance (BSA) to investigate and compensate illegal users with evidence.
- Send warning letters to customers and seek settlement to guide customers to use genuine software.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: PwC Taiwan