GrandTech C.G. Systems Inc.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental protection
- Labor relations
- Corporate governance
- Sustainable development
- Ethical corporate management
Environmental Achievements
- Established a carbon inventory work group to conduct relevant inventory work and test the work environment periodically.
- Actively promotes energy consumption reduction measures to reduce resource waste and lower energy consumption.
Social Achievements
- Established an Employee Welfare Committee to plan and provide high-quality benefits for colleagues.
- Maintained an average ratio of female employees of 45% and female officers of 40% in 2022.
- Provided diversified training and complete in-service training programs for employees.
Governance Achievements
- Established Remuneration Committee and Audit Committee to assist the Board of Directors in executing its duties.
- Established Corporate Governance Best Practice Principles and disclosed it on its website.
- Established ethical corporate management policies which are actively implemented by the Board of Directors and the management.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Cultivating value-added business in Asia.
- Prioritizing growth of cloud service and digital printing businesses.
Short-term Goals:
- Growth and expansion of cloud service business.
- Expansion in digital printing market and seeking new clients.
- Business development in Hong Kong regional market.
- Steady growth in enterprise user markets in Taiwan and Hong Kong.
Environmental Challenges
- Global inflation and interest rate hikes exerting pressure.
- Rising IT costs affecting expense plans.
- Inflation's impact on market consumption power forcing enterprises to reduce IT expenses.
- Economic fluctuations and conservative IT product purchases affecting profitability.
Mitigation Strategies
- Emphasis on lean management and empowering employees to achieve shared goals.
- Strengthening enterprise services, diversifying marketing channels, and forming alliances to mitigate business risks and foster growth.
- Observing changes in the operating environment and consulting relevant professionals to adopt responsive measures.
- Adjusting operating strategies and introducing relevant excellent talents to improve competitiveness.
Supply Chain Management
Responsible Procurement
- Established a code of conduct for suppliers.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Certifications: ISO 27001 (GrandTech Cloud Services)
Third-party Assurance: PwC Taiwan
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Global economic downturn impacting market purchasing power and IT expenditures.
- Companies adopting conservative expansion strategies, postponing project procurement.
Mitigation Strategies
- Adjusted business policies to reduce impact of external factors and strengthen operating performance.
- Focus on lean management in group businesses.
- Leveraging advantages in multi-cloud value-added services and digital printing to expand overseas markets and recruit new clients.