Climate Change Data

Harvatek Corporation

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:14,189.307 tCO2e/year (Scope 1,2,3)
Scope 1 Emissions:258.5233 tCO2e/year
Scope 2 Emissions:8,347.9622 tCO2e/year
Scope 3 Emissions:5,582.8216 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:6.98 tCO2e/million yuan revenue

ESG Focus Areas

  • Environmental Protection
  • Occupational Safety and Health
  • Corporate Governance
  • Human Rights
  • Sustainable Development

Environmental Achievements

  • Reduced electricity consumption by 8% in 2023, achieving the project target.
  • All plants completed voluntary inventories for ISO 14064-1 Scope 1, 2, and 3, as well as ISO 14001 certification.
  • Implemented various energy-saving improvement projects.

Social Achievements

  • Zero work-related injuries in 2023.
  • Women made up an average of 50% of the workforce in 2023.
  • Conducted human rights protection training for employees, totaling 564 hours.

Governance Achievements

  • Established an Information Security Committee.
  • Implemented a Board performance evaluation system.
  • Increased the number of independent directors.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce electricity consumption by 1% compared to 2022.

Environmental Challenges

  • Intense competition in the LED market and significant erosion of manufacturers' profits by low-priced products.
  • Decrease in demand in the LED market in fiscal year 2023.
  • US-China competition, extreme weather conditions, and geopolitical conflicts add significant uncertainties to the economy.
Mitigation Strategies
  • Continue to reduce production costs, improve product quality, and shorten customer delivery times.
  • Actively collaborating with customers to develop new products and explore new application markets.
  • Strengthen risk management and refine internal management.
  • Promote smart manufacturing and accelerate improvements in processes and operations.

Supply Chain Management

Supplier Audits: Regularly conducts hazardous substance control audits on suppliers.

Responsible Procurement
  • Contractor Management Measures
  • Supplier Management Operating Procedures
  • Social responsibility form

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Drought
  • Heat wave
  • Tropical storm
  • Wildfire
  • Sea-level rise
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, IATF 16949, ISO 14001, ISO 45001

Third-party Assurance: Deloitte & Touche

Sustainable Products & Innovation

  • Mini LEDs
  • MIP display products
  • CSP products
  • Infrared products with ECG testing

Awards & Recognition

  • 20th Outstanding Optoelectronic Product Award
  • Hsinchu Science Park Innovative Product Award
  • 2017 breastfeeding room certification
  • 2020 Friendly Breastfeeding Room Certification Award
  • 2020 Healthy Workplace Certification and Healthy Start-up Mark Certification