Climate Change Data

TungThih Electronic Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:16,119.2703 metric tons CO2e
Renewable Energy Share:14.89% (Kunshan plant)
Total Energy Consumption:74,064.55 GJ
Water Consumption:65.246 million liters
Waste Generated:377.03 tons
Carbon Intensity:1.27 metric tons CO2e / million NTD

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Implemented ISO 14064-1 carbon inventory management system and achieved third-party verification in 2024.
  • Kunshan plant installed solar power generation, using 3,172,367 kWh of green electricity from 2021 to 2023.

Social Achievements

  • Average salary of full-time non-managerial employees is 843,000 NTD per person, ranking in the top 50% of listed companies.
  • No incidents of violating labor laws or occupational safety and health regulations in the past three years.
  • Total employee training hours amounted to 54,636 hours.

Governance Achievements

  • 2023 10th Annual Corporate Governance Evaluation System results: Ranked in the top 36-50% of listed companies.
  • Established subsidiaries in Japan, Canada, and the United States.
  • Achieved ISO 27001 information security management system certification.
  • Achieved ISO 26262 automotive functional safety certification.

Climate Goals & Targets

Long-term Goals:
  • Net Zero Emissions by 2050
Medium-term Goals:
  • All plants ISO 45001 certified
Short-term Goals:
  • Reduce water consumption by 1-2% annually
  • Reduce carbon emissions by 1% annually

Environmental Challenges

  • Currently, suppliers are primarily evaluated based on quality. In the future, environmental and social issues will be gradually incorporated into the assessment criteria.
  • Currently, there is no systematic operation for raw material recycling. In the future, we will evaluate circular models to achieve green sustainability goals.
Mitigation Strategies
  • In the future, environmental and social issues will be gradually incorporated into the assessment criteria for suppliers.
  • In the future, we will evaluate circular models to achieve green sustainability goals for raw material management.

Supply Chain Management

Supplier Audits: 94 suppliers audited in 2023 (21.6% of all suppliers)

Responsible Procurement
  • Green procurement management
  • Suppliers must sign RoHS Compliance Declaration and provide HSF non-harmful substance test reports
  • Avoidance of conflict minerals
  • Promotion of energy-saving and carbon-reduction practices

Climate-Related Risks & Opportunities

Physical Risks
  • Increased severity of extreme weather events
  • Rising average temperatures
Transition Risks
  • Increased greenhouse gas emission pricing
  • Rising raw material costs
Opportunities
  • Use of more efficient production and distribution processes

Reporting Standards

Frameworks Used: GRI Standards 2021, TCFD framework, SASB standards

Certifications: ISO 14001, ISO 45001, IATF 16949, ISO 9001, ISO 27001, ISO 26262, ISO 14064-1

Third-party Assurance: TUV NORD Taiwan Co., Ltd. (Type 1 moderate assurance level under AA1000 AS), SGS Taiwan

UN Sustainable Development Goals

  • Goal 1
  • Goal 4
  • Goal 5
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 12
  • Goal 16

TungThih Electronic integrates the SDGs into its business strategy, focusing on economic performance, environmental protection, regulatory compliance, employee compensation, workplace equality, emission reduction, and supplier collaboration.

Awards & Recognition

  • Ford Motor Company's Q1 award
  • ISO 14064-1:2018 Certification for Greenhouse Gas Inventory
  • ISO 26262 Certification for Automotive Functional Safety
  • ISO 27001: Information Security Management System
  • ISO 9001 Quality Management System
  • ISO 45001 Occupational Health and Safety Management System
  • ISO 14001 Environmental Management System
  • IATF 16949 Quality Management System
  • Ministry of Health and Welfare's National Health Service—Healthy Workplace Certification