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