Billion Electric Co., Ltd.
Climate Impact & Sustainability Data (2020, 2021, 2023)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environmental sustainability and climate change
- Healthy eating
- Physical activity
- Housing
- Transport and connectivity
- Community safety and security
- Open space and natural features
- Social infrastructure
- Social cohesion and connectivity
- Environment and health
Climate Goals & Targets
Environmental Challenges
- Rapid population growth in NSW, particularly in Greater Sydney, requiring health-focused planning to manage potential negative health outcomes and address health inequities.
- Urban sprawl leading to physical inactivity and poor health outcomes.
- Low density suburban development increasing car dependency, decreasing walkability, and lowering neighbourhood cohesion.
- Inadequate access to healthy food and physical activity opportunities in some areas, particularly for low-income families and those in rural communities.
- Unaffordable housing creating problems such as crowding and insecurity.
- Poor housing conditions affecting public health.
- Climate change impacts such as extreme weather events, heat stress, and spread of infectious diseases.
- Crime and fear of crime affecting the use of public spaces.
- Alcohol-related harm increasing with higher density of alcohol outlets and longer opening hours.
- Noise, odour, and light pollution impacting quality of life and health.
- Inadequate access to social infrastructure in some areas.
Mitigation Strategies
- Development of the Healthy Built Environment Checklist to assess built environment factors impacting health and support engagement with planning processes.
- Promoting health-focused planning to deliver quality local environments and liveable communities.
- Encouraging mixed housing types, walkable neighbourhoods, and micro-features to support health.
- Promoting active transport options, such as walking and cycling, and improving public transport services.
- Improving access to quality open spaces, including green space and recreational facilities.
- Encouraging housing that supports human and environmental health, dwelling diversity, affordable housing, and adaptability.
- Implementing crime prevention through environmental design (CPTED) strategies.
- Addressing alcohol-related harm through place-based approaches and policy interventions.
- Minimising noise, odour, and light pollution through appropriate land use planning and buffer zones.
- Providing access to a range of social infrastructure facilities to meet community needs.
- Promoting community resilience to climate change impacts.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (floods, bushfires, cyclones)
- Heatwaves
UN Sustainable Development Goals
- Goal 3: Good health and well-being
- Goal 11: Sustainable cities and communities
The checklist contributes to these goals by promoting healthy and sustainable built environments.
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced energy consumption through initiatives like office air conditioning temperature control and resource classification recycling area.
- Promoted environmentally friendly tableware and reduced the use of disposable chopsticks.
Social Achievements
- Established employee welfare committee, organizing travel activities and planning annual festival gifts.
- Provided regular health check-ups and group insurance for employees.
- Implemented continuing education and training programs for employees.
Governance Achievements
- Established the 2nd Audit Committee and the 5th Salary and Remuneration Committee.
- Implemented measures for the performance evaluation of the Board of Directors.
- Purchased liability insurance for directors.
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions due to raw material shortages and longer delivery times.
- Price competition in the power supply and broadband markets.
- Difficulty in recruiting and retaining communication professionals.
- Exchange rate fluctuations affecting export competitiveness.
- Potential risks associated with climate change.
Mitigation Strategies
- Strengthened cooperation with local suppliers in mainland China to reduce costs.
- Developed high value-added products to enhance competitiveness.
- Established a sound welfare system to attract and retain talent.
- Implemented hedging measures to mitigate exchange rate risks.
- Actively improved the efficiency of resource use and developed green energy products.
Supply Chain Management
Responsible Procurement
- The contract between the company and its major suppliers contains the declaration of non-use of environmental hazardous substances.
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
Sustainable Products & Innovation
- Solar energy management solutions
- Energy storage systems
- Energy-efficient power supplies
Awards & Recognition
- 2021 Excellence Award for IoT Information Security
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:643.87 tCO2e/year
Scope 1 Emissions:68.96 tCO2e/year
Scope 2 Emissions:312.77 tCO2e/year
Scope 3 Emissions:262.14 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:2108.05 MWh/year
Water Consumption:0.11 million m3/year (Yilan Plant)
Waste Generated:7.11 tons/year (hazardous); 25.13 tons/year (non-hazardous)
Carbon Intensity:0.41 tonnes CO2e/NT$ million in 2023
ESG Focus Areas
- Economic Performance
- Information Security
- Supplier Social Assessment
- Supplier Environmental Assessment
- Employee Diversity and Equal Opportunity
- Occupational Health and Safety
- Risk Management
- Customer Relationship Management
- Innovative Product R&D and Marketing
Environmental Achievements
- Energy intensity decreased by 1.19 GJ/revenue (NTD million) compared to 2022.
- Replaced 85 LED panel lights, saving approximately 12,410 kilowatt-hours of electricity and reducing carbon emissions by about 6,143 kg CO2e.
- Cumulative online transaction capacity of energy storage sites reached 52.35MW, helping increase renewable energy utilization.
Social Achievements
- Total employee training hours reached 3,030.5 hours.
- 100% of senior managers at the managerial level and above are local residents.
- Among the 24 senior executives, 6 are women (25%).
- Launched "Friendly Workplace Diversity for You and Me" activity.
- Enhanced employee benefits (special leave, childcare allowance, scholarships).
Governance Achievements
- Total training hours of the Board of Directors reached 63 hours.
- Performance evaluation of the Board of Directors reached 100/100.
- Performance evaluation of Functional Committees reached 98.1/100.
- Obtained ISO/IEC 27001:2022 Information Security Management System certification.
- Won 2023 TCSA Taiwan Corporate Sustainability Awards, ESG Gold Medal.
Climate Goals & Targets
Long-term Goals:
- Achieve consolidated revenue of NTD 10 billion in the 60th anniversary.
- Fully migrate application systems to the cloud.
- Introduce ISO 45001.
- Maintain zero major occupational accidents.
- Achieve carbon emission reduction by 30% by 2030.
Medium-term Goals:
- Achieve a compound annual growth rate of 18% in consolidated revenue by 2026.
- Maintain debt ratio below 40%.
- Increase average customer satisfaction score to 9.5/10 or above.
- Fully introduce MDR (Managed Detection and Response).
- Increase the proportion of minority groups in the Company's employees by 3%.
Short-term Goals:
- Reduce bad debt occurrence rate to below 0.1%
- Maintain 100% on-time delivery rate.
- Conduct RBA due diligence on suppliers.
- Increase average customer satisfaction score to 9.2/10 or above.
- Reduce probability of employees clicking on phishing emails to below 3%.
Environmental Challenges
- Rapid changes in industry trends and market conditions, numerous competitors.
- Russia-Ukraine war leading to increased raw material and transportation costs.
- Energy storage projects demanding substantial funds.
- Changes in energy-related regulations.
- Climate change impacts (extreme weather, supply chain disruptions).
- Information security threats (hacker attacks, data leakage).
Mitigation Strategies
- Stable management strategy, profitability maximization.
- Exchange rate hedging strategies.
- Investment in technology R&D, new product and market opportunities.
- Risk management policies and procedures.
- Developing alternative sourcing strategies.
- Strengthening information security protection measures, employee awareness.
- Advance production or overtime to meet shipping requirements during extreme weather.
Supply Chain Management
Supplier Audits: 15% of major suppliers annually; 5 on-site audits.
Responsible Procurement
- Supplier evaluations including social responsibility and environmental management.
- Requirement for suppliers to comply with RoHS, REACH, and conflict minerals regulations.
- Supplier Sustainable Development Code of Conduct.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (typhoons, heavy rainfall, droughts)
- Supply chain disruptions
- Increased transportation costs
- Equipment damage
Transition Risks
- Policy and regulatory risks (energy tax-related regulations)
- Market risks (changes in customer behavior)
- Technology transition risks (low-carbon technologies)
Opportunities
- Increased demand for low-carbon products
- Development of renewable energy-related industries and services
- Participation in carbon trading/renewable energy/energy storage markets
Reporting Standards
Frameworks Used: GRI Standards 2021, SASB Standards for HARDWARE industry, TCFD
Certifications: ISO 9001, ISO 14001, IECQ QC 080000, ISO 27001:2022
Third-party Assurance: SGS Taiwan Ltd.
UN Sustainable Development Goals
- Goal 3
- Goal 4
- Goal 5
- Goal 7
- Goal 10
- Goal 13
- Goal 16
Initiatives contribute to these goals through employee well-being, education and training, gender equality, renewable energy, reducing inequality, climate action, and stakeholder engagement.
Sustainable Products & Innovation
- Slim adapters (120W~180W)
- Slim 240w programmable industrial power supplies
- Products designed for easy disassembly and recycling
- BH-2000 AC charging pile
- EV-EMS charging pile energy management system
- MAX series inverters
Awards & Recognition
- 2023 TCSA Taiwan Corporate Sustainability Awards, ESG Gold Medal