Chia Chang Co., Ltd.
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:246.6657 metric tons of carbon dioxide (2020)
Scope 2 Emissions:1623.3028 metric tons of carbon dioxide (2020)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:35.726 thousand tons (2020)
Waste Generated:56.25 metric tons (general waste) and 2319.77 metric tons (recycled waste) (2020)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental protection (green supply chain management)
- Social welfare (blood donation, autism association services)
- Employee care
- Corporate social responsibility
Environmental Achievements
- Reduced greenhouse gas emissions per unit of product by 34% (2010 as base year)
- Reduced water intensity by 36% (2016 as base year)
- Implemented ISO 14001:2015 environmental management system
- Obtained Greenhouse Gas Verification Statement from BSI (British Standards Institute) according to ISO14064-1
Social Achievements
- Held blood donation events twice in 2021, with 33 people donating 52 bags of blood
- Donated NTD 1 million to Taoyuan City Government for epidemic prevention
- Provided key skills internship opportunities for students
- Provided 4,297 hours of employee training in 2021
Governance Achievements
- Re-elected directors and supervisors in 2019, including 3 independent directors
- Established a remuneration committee with three independent directors
- Completed 2021 board performance evaluation and board member performance evaluation
- Implemented ISO 45001:2018 Occupational health and safety management systems certification
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce total emissions by 25% or relative emissions per PCS by 30% by 2025
- Reduce overall water intensity by 30% by 2025
Environmental Challenges
- Rising raw material prices
- Short product life cycle
- Decreasing product prices and profits
- Impact of COVID-19 pandemic
- Exchange rate fluctuations
- Interest rate fluctuations
- Inflation
Mitigation Strategies
- Pre-ordering important raw materials
- Improving process technology and mold-opening capabilities
- Promoting cost-saving projects
- Adopting make-to-order production
- Producing high value-added stamping components
- Improving process technology and automation
- Hedging with principle-guaranteed commodities
- Signing outright forward foreign exchange contracts
- Adjusting inventory of raw materials
- Changing purchase price currency to a weak currency
Supply Chain Management
Supplier Audits: 100% of new suppliers screened by environmental standards (2021)
Responsible Procurement
- Management Measures for Green Supply Chain and Restricted Substances
- Environmental Protection Declaration and Banned Substance Non-use Warranty
- Supplier Management Measures
- Vendor Information Sheet
- Supplier Management Audit and Evaluation Form
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather
- Higher temperature in summer
- Uneven rainfall
- Prolonged droughts
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 9001:2008, ISO 14001:2004, OHSAS 18001:2007, ISO 9001:2015, ISO 45001:2018, ISO/TS16949:2009
Third-party Assurance: Bureau Veritas Certification (Taiwan) Co., Ltd.
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Deloitte Technology Fast 500 Asia Pacific (2010)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:126.5634 metric tons CO2e (2023)
Scope 1 Emissions:126.5634 metric tons CO2e (2023)
Scope 2 Emissions:1319.967 metric tons CO2e (2023)
Scope 3 Emissions:350.5776 metric tons CO2e (2023)
Water Consumption:29861 metric tons (2023)
Waste Generated:114.176 metric tons (2023)
Carbon Intensity:6.5432 metric tons CO2e/NT$ million (2023)
ESG Focus Areas
- Environmental Protection
- Sustainable Development
- Employee Well-being
- Diversity & Inclusion
- Human Rights
- Climate Change
Environmental Achievements
- Reduced GHG emissions (Scope 1 and 2) to 126.5634 metric tons CO2e in 2023 from 18,000 metric tons CO2e in 2022. 47% reduction in water intensity in 2023 (2016 as base year).
- Implemented energy-saving activities, utilized energy-efficient equipment, and reduced energy consumption.
- Recycled RO wastewater for reuse in living water.
Social Achievements
- Held two blood donation events in 2023 with 122 participants.
- Continued to order products from "Children Are Us" to promote care for the underprivileged.
- Provided internship opportunities for students.
- Implemented various friendly and supportive measures to create a non-discriminatory work environment.
- Actively employed employees with physical and mental disabilities, exceeding legal requirements.
- Total training hours for employees in 2023: 1,503 hours (548 participants).
Governance Achievements
- Established an Audit Committee on June 29, 2022.
- Established a Compensation Committee on May 16, 2011.
- Implemented the "Rules of Performance Evaluations of the Board of Directors" since November 12, 2019.
- Established the "Procedures for Handling Material Inside Information and Preventing Insider Trading".
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050
Medium-term Goals:
- By 2033, achieve a substantial reduction of 10% in total emissions or a relative reduction of 15% per PCS emissions equivalent.
Short-term Goals:
- Reduce overall water consumption intensity by 30% by 2025 (2016 as base year).
Environmental Challenges
- Weakened demand for global end-use products due to global economic uncertainties (geopolitics, high inflation, interest rate increases, China's underperformance).
- High market inventory leading to industries actively reducing inventory.
- US-China chip ban, Russia-Ukraine war, and Israel-Hamas war influencing global economic development and social stability.
- Large fluctuations in raw material prices.
- Short product lifecycle and increased enterprise management risk.
- Continued compression of product prices and margins.
- Climate change causing extreme weather (higher summer temperatures, uneven rainfall, longer droughts).
Mitigation Strategies
- Established a factory in Vietnam to diversify production base, meet customer demands, and improve production flexibility.
- Pre-ordering important raw materials to reduce the impact of short-term procurement cost increases.
- Improving process technology and strengthening mold making capability.
- Promoting cost-cutting projects.
- Collecting information on exchange rate changes to reduce the impact of exchange rate changes.
- Adopting order production and strictly controlling raw materials with special specifications to reduce inventory.
- Producing high value-added stamping components and upgrading production technology.
- Improving process technology and automation to reduce costs.
- Implementing energy-saving projects, water conservation management measures, and wastewater treatment.
Supply Chain Management
Supplier Audits: 100% of suppliers screened for environmental standards (2023)
Responsible Procurement
- Green Supply Chain Management Policy
- Green Supply Chain Declaration of Non-Use of Environmentally Friendly and Restricted Substances
- Supplier Management Regulations
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather (flooding)
- Higher summer temperatures
- Uneven rainfall
- Longer droughts
Transition Risks
- Expanding total quantity control and tightening the carbon tax system
- Customer demands for low-carbon technologies and higher carbon reduction targets
Opportunities
- Increasing customer demand for green and low-carbon products
- Replacing old equipment to improve resource utilization efficiency and reduce energy usage costs
Reporting Standards
Frameworks Used: CDP, ISO 14064:2018, ISO 45001:2018, ROHS
Certifications: ISO 9001:2008, ISO 14001:2004, OHSAS 18001:2007, ISO/TS16949:2009, ISO 45001:2018
Third-party Assurance: Third-party verification organization (for GHG emissions)