Climate Change Data

Andes Technology Corporation

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:430,912.74 tCO2e/year (Scope 2)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:430,912.74 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0%
Total Energy Consumption:872,293 kWh/year
Water Consumption:3,627 m3/year
Waste Generated:Not disclosed
Carbon Intensity:524.22 metric tons CO2e per million NT$

ESG Focus Areas

  • Corporate Governance
  • Environmental Protection
  • Friendly Workplace
  • Community Engagement

Environmental Achievements

  • 100% compliance with RoHS and REACH regulations
  • 100% of office paper uses PEFC forest management-certified paper
  • Introduced electronic sign-off system, electronic gift certificates, and conference water cups to reduce disposable product use
  • 0 environmental-related complaints and penalties
  • Undertook the Sino Pac Bank Green Deposit of NT$ 30,000,000

Social Achievements

  • Total employee training hours exceeded 4,356 hours
  • Employee turnover rate of 5.49%
  • Customer satisfaction averaged 86%
  • 0 occupational accidents
  • 0 human rights-related complaints
  • 80 university cooperation contracts for industry-academia collaboration and talent cultivation

Governance Achievements

  • Board of Directors and functional committees self-assessment results were “Excellent”
  • Consolidated operating income annual growth reached 13.5%
  • Total SoC shipments exceeded 14 billion units

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Invest in talent recruitment and development; enhance company development momentum
  • Develop industry-leading products; penetrate mainstream product applications
  • Establish a competitive ecosystem; provide comprehensive solutions to customers
  • Provide customers with safe, reliable, and high-quality products
  • Promote detailed regulations for data protection
  • Establish a risk reporting mechanism; enhance employee risk awareness
  • Strengthen regulatory compliance and risk management mechanisms
  • Develop human rights education and training programs
  • Strengthen integrity in business operations; regularly analyze business activities
  • Strengthen the role of the Board of Directors; increase female director representation
Short-term Goals:
  • Align talent with company needs; offer competitive compensation and benefits; optimize onboarding
  • Continue developing higher-level CPU IPs and AI accelerator IPs
  • Increase orders; maintain and improve stakeholder relationships; conduct customer satisfaction surveys
  • Promote information security policies; establish a dedicated information security unit
  • Establish a risk management framework
  • Adhere to international and government regulations
  • Regularly provide colleagues with information on labor rights
  • Implement integrity in business operations; establish reporting channels
  • Ensure corporate governance evaluation effectiveness
  • Maintain high attendance rates for Board of Directors and functional committees

Environmental Challenges

  • Global warming and uncertainty over the future
  • Widening gap between strong and weak in the semiconductor market
  • Geopolitical tensions and US-Russia and US-China rivalries
  • Credit risk from customers, suppliers, or business counterparts
  • Exchange rate fluctuation
  • Expansion of facilities operational funding turnover risk
  • Information security risks from external hacker attacks
  • Climate change risks
  • Human rights risks
Mitigation Strategies
  • Expanded resources toward ESG initiatives and implementing ESG strategies
  • Comprehensive risk assessment for critical banks, customers, and suppliers; implementing control mechanisms to reduce credit risk
  • Continuously monitoring market interest rates and exchange rate fluctuations
  • Detailed planning for expansion projects to optimize capital utilization
  • Strengthening information security management and cybersecurity defense capabilities; enhancing employee awareness
  • Implementing an uninterruptible power supply (UPS) system; establishing remote connectivity for employees
  • Annual disaster recovery drill plan
  • Regularly reviewing international environmental trends and developing ecological protection measures
  • Ensuring labor policies comply with domestic and international human rights conventions

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Compliance with RoHS directive
  • Supplier Code of Conduct
  • Supplier Social Responsibility Commitment

Climate-Related Risks & Opportunities

Physical Risks
  • Power outages
  • Water shortages
  • Heavy rain
Transition Risks
  • Policy and legal risk (carbon fees, raw material costs, regulations)
  • Technology risk (energy-efficient technology transition)
  • Market risk (consumer demand transition)
  • Reputation risk (low-carbon image)
Opportunities
  • Resource efficiency (reducing energy costs and carbon emissions)
  • Energy source (implementing carbon reduction measures)
  • Products and services (researching and developing low-carbon products)
  • Markets (creating energy-efficient products)
  • Resilience (enhancing climate change adaptation capabilities)

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 9001:2015, ISO 26262:2018

Third-party Assurance: Ernst & Young

Sustainable Products & Innovation

  • Energy-efficient processor IP cores

Awards & Recognition

  • Best in Show (AndesCore™ N25F-SE)
  • Top 500 High-Growth Companies in Asia-Pacific
  • Outstanding Innovative Company of the Year (WEAA)
  • Taiwan Best Corporate Impact Company (EE Awards Asia)
  • Best IP/Processor of the Year (AndesCore™ AX65)
  • Best AI Solution of the Year (AndesAIRE™ AnDLA™ I350)