Climate Change Data

InnoCare Optoelectronics Corporation

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental Protection
  • Employee Well-being
  • Corporate Governance

Environmental Achievements

  • Passed the ISO14001:2018 environmental management system certificate in October 2020, and passed the annual certification audit in August 2022.
  • Applied for and obtained the approval for recycling economic operation of the raw material cesium iodide, and has set the ultimate goal of “100% recycling rate of cesium iodide for manufacturing process”.

Social Achievements

  • Launched the “Southwest Coast Ten Thousands People Action X-ray Early Lung Cancer Screening Project” with College of Medicine, National Cheng Kung University
  • Provides employees with work and life leave plans, festive bonuses, and group insurance. It also plans a competitive salary level.
  • Provides regular health examination, and provides physical abnormality consultation and health guidance after the examination results are revealed.

Governance Achievements

  • Established an Audit Committee on November, 2021
  • Established Remuneration Committee on November, 2021
  • Re-elected its Board of Directors at extraordinary general meeting on November 5, 2021

Climate Goals & Targets

Long-term Goals:
  • Expand the application of X-ray flat panel detector products in non-medical fields
  • Diagnostic auxiliary services
  • R&D of advanced manufacturing process and new materials
Short-term Goals:
  • Continuously increase sales of new technology products
  • Enhance OEM/ODM service capacity for module products
  • Expand the market of industrial non-destructive testing products
  • Continuously improve product quality and cost competitiveness
  • Accelerate the development of new technologies and products

Environmental Challenges

  • Global economic uncertainties due to the Russian-Ukrainian War and rising inflation.
  • Product structure adjustment leading to a decrease in net operating revenue.
  • Market competition resulting in a fall in the unit price of amorphous silicon component products.
Mitigation Strategies
  • Focus on increasing the penetration of new technologies and applications, increasing sales of high-value products.
  • Expanding the product line and enhancing the breadth of the customer base.
  • Investing in AI image analysis technology development and improving product specifications, yields, and quality stability.

Supply Chain Management

Supplier Audits: Irregularly

Responsible Procurement
  • Supplier Code of Conduct Statement

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Flexible substrates
  • IGZO technology
  • Dual-energy detection technology

Awards & Recognition

  • Bronze award of “2022 SDIA Award”,
  • “19th National Innovation Award - Enterprise”