Climate Change Data

Cirtek Holdings Philippines Corporation

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:126,534.5865 tCO2e/year (Scope 2)
Scope 1 Emissions:0 tCO2e/year
Scope 2 Emissions:126,534.5865 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:26,746,538 kWh/year
Water Consumption:492,049 m3/year
Waste Generated:110,953 kg/year (solid) + 70,311 kg/year (hazardous)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced energy consumption (electricity) by 6,591,929.73 kWh
  • Reduced energy consumption (diesel) by 0.0046 GJ
  • ISO 14001:2015 certified for Cirtek Electronics Corporation and Cirtek Advanced Technologies and Solutions, Inc.
  • SONY Green Partner Certified

Social Achievements

  • Facilitated COVID-19 vaccine reservation for employees
  • Implemented work-from-home and staggered attendance policies
  • Donated PPEs to hospitals
  • Maintained an attrition rate of 7.91%

Governance Achievements

  • 100% of employees and business partners received anti-corruption training
  • 100% of directors and management received anti-corruption training
  • No incidents of corruption reported

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Install rooftop solar panels (300 kW)
Short-term Goals:
  • Reduce electricity consumption by 3%

Environmental Challenges

  • Supply chain disruptions due to COVID-19
  • Volatility in raw material prices
  • Risks related to contractual obligations with customers
  • Risks related to working capital tied up in inventory
  • Risks related to the cyclical nature of the semiconductor industry
  • Increased energy consumption despite reduced production
  • Water wastage
  • Increased solid and hazardous waste generation
Mitigation Strategies
  • Developed alternative sourcing strategies
  • Implemented conservative financial and operational controls
  • Diversified product offerings
  • Continuously monitored direct costs
  • Implemented strict IP management processes
  • Monitored cash flow and foreign exchange exposures
  • Offered attractive compensation packages to retain key employees
  • Implemented energy conservation measures (e.g., VRF air conditioning)
  • Implemented water conservation measures (e.g., recycling)
  • Implemented waste management SOPs (EMS-SWS-027, EMS-SMDSP-011)
  • Used DENR-accredited haulers for hazardous waste

Supply Chain Management

Supplier Audits: Annual audits

Responsible Procurement
  • ISO 14001:2015 compliance
  • SONY Green Partner standards
  • Supplier Management System (QMS-12-SMS)

Climate-Related Risks & Opportunities

Physical Risks
  • Taal volcanic eruption
Transition Risks
  • Changes in policies, technology, and market dynamics related to climate change
Opportunities
  • Use of renewable energy (solar power)

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001:2015, ISO 9001, IATF 16949

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 6
  • SDG 7
  • SDG 8
  • SDG 9
  • SDG 11
  • SDG 12
  • SDG 13
  • SDG 17

Cirtek's products and services contribute to these SDGs through various initiatives, including health and wellness programs, employee training, promoting gender equality, water conservation, energy efficiency, responsible waste management, and community engagement.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Recognition from Laguna Technopark Multi-Partite Monitoring Team