Hitron Technologies Inc.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:37,480.456 tCO2e/year
Scope 1 Emissions:75.6598 tCO2e/year
Scope 2 Emissions:667.5637 tCO2e/year
Scope 3 Emissions:28,410.3545 tCO2e/year
Total Energy Consumption:12,914,343 KWH/year
Water Consumption:42,409 m3/year
Waste Generated:751.676 tons/year
Carbon Intensity:90.4427 metric tons of CO2e per million USD revenue
ESG Focus Areas
- Corporate Governance
- Workplace of Happiness
- Sustainable Environment Development
Environmental Achievements
- Reduced carbon emissions by 1% (compared to 2021)
- Reduced water consumption per million USD revenue by 18% (compared to 2020)
- Recyclable waste proportion reached 81.43%
- Reduced electricity consumption per million USD revenue by 28.5% (compared to 2020)
- 17.7% of Level A/B suppliers completed on-site audits for social responsibility, environmental health, and safety
- Localized procurement of Mechanical and Electromechanical materials reached 14.6% (2020 as the base year)
Social Achievements
- 100% of employees received code of conduct training
- Employees’ participation in charity events reached 376 hours
- Charity donations amounted to NT$1.82 million
- Provided an average 14.84 hours of training per employee
Governance Achievements
- Ranked 21%~35% of the companies in the Corporate Governance Evaluation
- No violation of environmental laws and regulations
- No violation of the Labor Standards Act and the Occupational Safety and Health Act
Climate Goals & Targets
Long-term Goals:
- Reduce carbon emissions by 20% by 2035
- Reduce energy consumption by 20% by 2035
- Reduce water consumption per million USD revenue by 30% by 2035
- Recyclable waste proportion reach 90% by 2035
- Having the overall salary level reach P75 of the market by 2035
Medium-term Goals:
- Reduce carbon emissions by 5% and energy saving by 5% by 2026
- Use 100% post-consumer recycled plastic materials except for customers' specific requirements by 2026
- Achieve 0 violation of anti-trust laws and regulations and leakage of personal data by 2026
- Customer satisfaction score reaches 95 points by 2026
- 0 complaint about data loss by 2026
- 50% of Level A/B suppliers completed on-site Audit for social responsibility, environmental health and safety by 2026
Short-term Goals:
- Reduce water consumption per million USD revenue by 20% by 2023
- Reduce carbon emissions by 3% and energy saving by 15.8% by 2023
- Use 100% post-consumer recycled plastic materials for European customers and 70% for customers in other regions (except for customers' specific requirements) by 2023
- Recyclable waste proportion reach 82% by 2023
- Global GDPR training rate 100% by 2023
- Antitrust law compliance awareness-raising by 2023
Environmental Challenges
- Shortage of raw materials and impact of the pandemic
- US-China trade war
- Climate change risks (extreme weather, flooding, supply chain disruptions)
- Customer concentration in North America
- Rising raw material costs
- Geopolitical risks
Mitigation Strategies
- Transferred all production capacity to Vietnam in 2021
- Accelerated localization of component procurement
- Developed alternative sourcing strategies
- Implemented remote backup (BCP)
- Adopted Free On Board (FOB) as shipment terms
- Adjusted overseas hub warehousing mechanism
- Developed low-carbon and energy-saving products
- Provided green services (local repair services)
- Implemented ESG-related activities
- Participated in external ESG ratings and won ESG awards
- Regularly dredged the drainage system
- Took measures to prevent flooding
Supply Chain Management
Supplier Audits: 17.7% of Level A/B suppliers
Responsible Procurement
- Code of Conduct
- Supplier sustainability requirements
- Conflict Minerals Due Diligence
- Green supply chain management system (GPM)
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
- Typhoons, blizzards
- Water or power shortage
Transition Risks
- Policy and legal risks
- Regulatory requirements
- Technology risk
- Market risk
- Reputation risk
Opportunities
- Resource efficiency (material recycling and reuse)
- Use of renewable energy
- Development of green products or services
Reporting Standards
Frameworks Used: GRI Standards, SASB Standards, TCFD, UN SDGs, AA 1000 AS V3
Certifications: ISO 14001, ISO 45001, ISO 9001, ISO 27001, ISO 22301, TL9000
Third-party Assurance: Bureau Veritas Certification Holding S.A.S. (BVC)
UN Sustainable Development Goals
- SDG 1
- SDG 2
- SDG 4
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 10
- SDG 11
- SDG 12
- SDG 13
- SDG 14
- SDG 15
- SDG 16
- SDG 17
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- Products using post-consumer recycled plastics
Awards & Recognition
- TSAA Taiwan Sustainability Action Award (Silver Award)
- TCSA Corporate Sustainability Report Award (Bronze Award)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:26,323.456 tCO2e/year
Scope 1 Emissions:207.8842 tCO2e/year
Scope 2 Emissions:6,134.1108 tCO2e/year
Scope 3 Emissions:19,981.4611 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:9,143,479 KWh/year
Water Consumption:30,084 m3/year
Waste Generated:439.1615 tons/year
Carbon Intensity:10.8% (2022 as base year)
ESG Focus Areas
- Corporate Governance
- Workplace of Happiness
- Sustainable Environment Development
Environmental Achievements
- Reduced water consumption per million USD revenue by 20.7% (2020 as base year)
- Reduced electricity consumption per million USD revenue by 31% (2020 as base year)
- Recyclable waste proportion reached 71.02%
- Reduced greenhouse gas emissions (Scope 1 & 2) by 31.4% (2021 as base year)
- Packaging materials reduced by 32.42 metric tons, reducing carbon emissions by 66.46 tCO2e
- Obtained ISO 14067 certification for product carbon footprint for one product
Social Achievements
- 34.4% of Level A/B suppliers completed on-site audits for social responsibility, environmental health, and safety
- Provided an average of 29.35 hours of training per employee
- Employees’ participation in charity events reached 410 hours
- 100% of employees received code of conduct training
- Average customer satisfaction score of 89 points
Governance Achievements
- Ranked in the 21%~35% range in the 10th corporate governance evaluation
- No violation of environmental laws and regulations
- No violation of the Labor Standards Act and the Occupational Safety and Health Act
- No violation of antitrust laws and regulations
- No significant violations of regulations incidents
- No leakage of personal data
- No material corruption risks and events discovered
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050
Medium-term Goals:
- Reduce water consumption per million USD revenue by 10% (2020 as base year)
- Reduce electricity consumption per million USD revenue by 30.5% (2020 as base year)
- Increase recyclable waste proportion to 90%
- Increase PCR plastic use to 35% of products
- Achieve RE60 by 2030
- Achieve RE100 by 2040
Short-term Goals:
- Reduce carbon emissions by 2% (2021 as base year)
- Reduce water consumption per million USD revenue by 2% (2020 as base year)
- Reduce electricity consumption per million USD revenue by 15.8% (2020 as base year)
- Increase recyclable waste proportion to 82%
- Fulfill SBTi commitment by 2024
- Achieve RE10 by 2024
- Increase PCR plastic use to 35% of products
Environmental Challenges
- Overall economic environment (inventory adjustment) impacting KRI implementation
- Climate-related risks (policy and legal risks, technology risks, market risks, reputation risks, extreme weather events)
- Supply chain challenges (meeting international labor and environmental standards)
Mitigation Strategies
- Implementing the company's risk management system and regularly assessing risk response measures
- Establishing a corporate DNA of compliance
- Improving the company's financial system and optimizing customer structure
- Understanding customers' needs and expectations, improving services based on feedback
- Following the Hitron Code of Conduct for Suppliers and auditing key suppliers according to RBA Standards
- Regularly dredge the drainage system and take measures to prevent flooding
- Adopting Free On Board (FOB) as shipment terms and adjusting overseas hub warehousing
- Implementing remote backup (BCP) mechanism
- Increasing the number of direct labor recruits to reduce overtime hours
- Forming independent trade unions or joint trade union organizations
- Improving human rights-related internal control systems
Supply Chain Management
Supplier Audits: 34.4% of Level A/B suppliers audited on-site
Responsible Procurement
- Hitron Code of Conduct for Suppliers
- RBA Standards
- Local procurement (35.6% of mechanical and electromechanical materials)
- Green Product Management System (GPM)
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (flooding, typhoons, blizzards)
- Water or power shortages
Transition Risks
- Policy and legal risks (carbon tax/fee)
- Technology risks (demand for low-carbon products)
- Market risks (customer behavior changes)
- Reputation risks (ESG considerations in customer choices)
Opportunities
- Resource efficiency (material recycling and reuse)
- Use of renewable energy
- Development of green products/services
Reporting Standards
Frameworks Used: GRI Standards, SASB Standards, TCFD, UN SDGs, AA1000APS
Certifications: ISO 14001, ISO 45001, ISO 14064-1, ISO 22301, ISO 27001, ISO 27017, ISO 14067
Third-party Assurance: Bureau Veritas Certification Holding S.A.S. (BVC)
UN Sustainable Development Goals
- SDG 12
- SDG 13
- SDG 17
- SDG 10
- SDG 4
- SDG 8
- SDG 5
- SDG 6
- SDG 14
Initiatives aligned with SDGs detailed throughout the report
Sustainable Products & Innovation
- Products using PCR plastic materials
- Energy-efficient products (NOVA220X series)
Awards & Recognition
- TSAA Taiwan Sustainability Action Award 2023
- TCSA Corporate Sustainability Report Award Silver Award
- EcoVadis Bronze Metal 2023