SINBON Electronics Co., Ltd.
Climate Impact & Sustainability Data (2019, 2022, 2023)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced water resource intensity of Taiwan factories by 25% compared to 2017
- Reduced water resource intensity of China factories by 20% compared to 2017
- Overall RoHS-compliant procurement ratio of 75% (10% increase from 2018)
- 100% recyclable packaging materials complying with EU specifications
- Became the sole cooperative operator of Chiayi City Government’s “Citizen’s Green Energy Rooftop Participation” program
Social Achievements
- Launched SWIP internship program, recruiting 32 students in 2019
- Social investment return rate of NT$2.44 from visiting Hope Primary Schools in China
- Donated NT$3,135,000 in 2019
- SINBON Hungary organized a fundraising activity called “SINBON Love-Box” to support local animal shelters
Governance Achievements
- Maintained top 6-20% ranking in the fifth corporate governance evaluation
- Held 5 board meetings and 4 audit committee meetings with 100% attendance
- Received no complaints related to regulations, anti-corruption, human rights, and employees
Climate Goals & Targets
- Launch “Supplier Satisfaction Survey”, develop and sign “Conflict-free Minerals Declaration” with suppliers
- Provide suppliers with suggestions on the use of environmentally friendly materials
- Achieve zero occupational accidents and establish the EAP system
- Involuntary employee turnover rate to reach the best level in the industry by 2025
- Shift career development to a horizontal and adaptive diversified path by 2030
- Continue and improve short-term management goals
- Improve the supplier satisfaction survey system
- Reduce the frequency of disability injury and severity rate below industry average
- Improve supplier information completeness and correctness
- Develop new supplier analysis indicators
- Implement and effectively control the supplier’s annual audit plan
- Implement temporary supplier management control system
- Plan and establish an outsourcer management system
Environmental Challenges
- Sino-US trade war impacting the electronics manufacturing industry
- Climate change risks (typhoons, floods, earthquakes, water shortages)
- Shrinking market needs and increasing competition
- Potential risks in new product application and factory operations
Mitigation Strategies
- Flexible network and global layout to cope with drastic changes
- Insurance to mitigate natural disaster risks
- Investment in natural disaster prevention and operational energy acquisition
- Diversification strategy focusing on MAGIC+ industries
- One-stop integrated service of design, R&D, manufacturing, and assembly
- Intelligent factory equipment through sensor acquisition boxes
- Active internationalization and deepening value chains in different regions
Supply Chain Management
Supplier Audits: 11 new suppliers audited on-site in 2019; annual on-site review of key suppliers
Responsible Procurement
- Supplier audits
- Code of conduct
- Supplier sustainability requirements
- Conflict minerals investigation
- Environmental Declaration
- RoHS and REACH compliance
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons
- Floods
- Earthquakes
- Water shortages
- Rising temperatures
- Extreme weather events
Transition Risks
- Limitation in capacity expansion
- Reduced demand for products or services
- Unstable water supply
- Unstable power supply
Opportunities
- Participation in renewable energy projects
- Development or expansion of R&D of low-carbon products and services
- Improvement of product competitiveness
- Resource substitution and diversity
- Increase market value through climate resilience planning
Reporting Standards
Frameworks Used: GRI Standards, ISO 26000 Social Responsibility Guidelines
Third-party Assurance: Ernst & Young
UN Sustainable Development Goals
- Good Health and Well-being
- Quality Education
- Affordable and clean energy
- Industry, innovation and infrastructure
- Sustainable cities and communities
SINBON's initiatives contribute to these SDGs through various projects and programs related to healthcare, education, renewable energy, industrial automation, and community development.
Sustainable Products & Innovation
- Halogen-free cables
- Electric vehicle charging products
- Solar system cables
- Energy-saving LED lighting products
- Smart grid solutions
Awards & Recognition
- Two HIROSE Outstanding Newcomer Awards
- Two HIROSE New Market Development Awards
- ASML Excellent Logistics Performance – Best Supplier Award
- Miaoli County Government Four Cancer Screening Performance Award
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Supply Chain Sustainability
- Talent Development
- Human Rights
- Customer Relationship
- Green Procurement
- Information Security
Environmental Achievements
- Reduced GHG emissions by 12% compared to 2021 (Scope 1+2)
- Reduced carbon emissions by 652 tCO2e by replacing PVC with TPU and TPE
- Annual water savings of 234 tons at the Miaoli site through water dispenser recycling
- Miaoli site introduced an energy management system (ISO 50001)
- General industrial waste recovery rate of 76%
- Completed 5 product carbon footprint inventories (ISO 14067)
- Renewable energy generation and usage of 45,867 kWh
- Green procurement spending of NT$17 million
Social Achievements
- Joined TALENT, in Taiwan and advocated with Commonwealth Learning Center
- Provided childcare allowance benefiting 1,023 children
- Planted 1,000 trees in Shihmen Dam, Taiwan
- Donated 2,400 kg of Leopard Cat Rice for charity
- 49 lecturers trained in SINBON Academy with 5,221 attendees
- Employee satisfaction score of 4.7/5.0
- 46% of managers at the associate level and above were female
- Over 40% of managers at the director level were female
Governance Achievements
- Established ESG Committee with six sub-committees
- Implemented TCFD framework for climate-related financial disclosures
- Introduced ISO 27001 information security certification
- Completed 100% of employee goal setting and performance appraisal
- Conducted human rights due diligence for the first time
- Implemented the TIPS framework for intellectual property management
Climate Goals & Targets
- Reduce GHG emissions by 40% (Scope 1 and 2) by 2030
- Achieve 100% low-carbon transport for business vehicles by 2030
- Reduce GHG emissions by 40% (Scope 1 and 2) by 2030
- Introduce ISO 50001 to all 100% owned production sites by 2025
- Increase renewable energy usage to 3 million kWh by 2023
- Complete Scope 3 GHG inventory by 2023
Environmental Challenges
- Increasing severity of extreme weather events
- Enhanced emissions reporting obligations
- Difficulty in recruiting employees and imbalance in labor market supply and demand
- Geopolitical risks
- Supply chain disruptions
- High cost of environmentally friendly materials
Mitigation Strategies
- Developed alternative sourcing strategies
- Established a Business Continuity Plan (BCP)
- Introduced automated production equipment
- Implemented employee welfare programs
- Established a presence in European & U.S. markets
- Developed low-carbon conductors using graphene
- Developed environmentally friendly materials (TPE, TPU)
Supply Chain Management
Supplier Audits: 91% average total score of key supplier site audits; 96% response rate to RBA self-assessment questionnaire
Responsible Procurement
- RBA Code of Conduct
- SA 8000
- ISO 14001
- RoHS
- HSF
- Conflict Minerals Policy
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Increased emissions reporting obligations
- Customer behavior change
- Increased raw material costs
- Product replacement by low-carbon technologies
Opportunities
- Development of low-carbon products and services
- Adoption of more efficient production and distribution processes
- Energy efficiency improvements
- Renewable energy adoption
Reporting Standards
Frameworks Used: GRI Standards (2021), SASB Standards, TCFD Guidelines
Certifications: ISO 14064-1:2018 (Greenhouse Gas), ISO 14001, ISO 45001, ISO 50001 (Miaoli site), ISO 27001, SA 8000
Third-party Assurance: Ernst & Young Taiwan; TÜV Rheinland Germany
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Graphene-based low-carbon conductors
- TPE and TPU materials replacing PVC
- Replaceable batteries for e-bikes
Awards & Recognition
- MSCI ESG Ratings A
- Bloomberg Gender-Equality Index
- DJSI
- CDP Disclosure
- Commonwealth Learning Center's Learning Superstar Award
- Ecovadis silver rating
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Environmental Sustainability
- Partner Sustainability
Environmental Achievements
- Miaoli, Tongcheng, Jiangyin and Beijing TongAn factories obtained ISO 50001 certification
- Energy management annual power savings of 1,171,705 kWh
- Group renewable energy consumption of 2,044,793 kWh
- Renewable energy capacity of the Group's own plants of 3 MW
- 11% reduction in Scope 1 and 2 emissions in 2023 compared to 2021
- Four products obtained ISO 14067 carbon footprint certifications
Social Achievements
- Implemented SAP SuccessFactors for global unified HR management
- 47% of executives are female
- Invested NT$10.67 million in community participation
- Awarded HR Asia's "Best Employer in Asia"
- Selected for the 2023 Bloomberg Gender Equality Index
Governance Achievements
- Established ESG Committee
- Implemented TIPS framework and achieved A-level certification
- Achieved a 97% score in Board of Directors self-assessment
- Received one complaint related to business ethics, which was investigated and resolved
Climate Goals & Targets
- Net zero emissions by 2050
- Reach 100% renewable energy by 2050 (RE100)
- Reduce Scope 1 & 2 emissions by 40% by 2030 (compared to 2021)
- Reach 60% renewable energy by 2030 (RE60)
- Reduce Scope 1 & 2 emissions by 18% by 2025 (compared to 2021)
- Reach 30% renewable energy by 2025 (RE30)
Environmental Challenges
- Extreme weather events
- Supply chain disruptions
- Labor shortages
- Cybersecurity incidents
- Maintaining corporate image
Mitigation Strategies
- Investment in disaster prevention and energy acquisition
- Implementation of TCFD framework
- Business Continuity Plans (BCP)
- Automation of production
- Employer branding
- Improved cybersecurity environment
- Establishment of a public relations team
Supply Chain Management
Supplier Audits: 103 on-site audits of new suppliers (2023), annual on-site audits for critical suppliers
Responsible Procurement
- RBA Code
- SA8000
- ISO 14001
- RoHS
- HSF
- SINBON Supplier Code of Conduct
- Green Procurement policy
- Conflict Minerals Policy
Climate-Related Risks & Opportunities
Physical Risks
- Increased severity of extreme weather events
- Changes in rainfall patterns
- Increase in average temperature
- Sea level rise
Transition Risks
- Greenhouse gas emission control and carbon levy
- Enhancing emission reporting obligations
- Carbon tariffs and related regulations
- Voluntary initiative regulations
- Replacement of products and services with low-carbon technologies
- Changes in customer preferences or behavior
- Customer demand for suppliers to reduce carbon emissions
- Shift in stakeholder preferences
Opportunities
- Improvement of production efficiency
- Use of low-emission energy
- Supportive policy incentives and grants
- Development or expansion of low-carbon products and services
- R&D and innovation of new products and services
- New market development
- Participation in renewable energy programs
Reporting Standards
Frameworks Used: GRI Standards 2021, SASB Electronic Manufacturing Services (EMS) & Original Design Manufacturing (ODM) industry, TCFD
Certifications: ISO 14064-1:2018, ISO 50001, ISO 14067, ISO 27001, SA8000
Third-party Assurance: Ernst & Young, TÜV Rheinland
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
- Goal 8 (Decent Work and Economic Growth)
- Goal 12 (Responsible Consumption and Production)
- Goal 5 (Gender Equality)
Initiatives contribute to these goals through various environmental, social, and governance programs.
Sustainable Products & Innovation
- NACS charging gun
- Lighter and miniaturized headset harness
- Optimized test harnesses
- Modular I/O devices
Awards & Recognition
- Taiwan Best-in-Class 100 Companies
- HR Asia's "Best Companies to Work for in Asia"
- Bloomberg Gender Equality Index