Asia Metal Industries, Inc.
Climate Impact & Sustainability Data (2023, 2024)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainable Development
- Corporate Governance 3.0
- ESG
Environmental Achievements
- Promotes paperless offices, energy conservation through air conditioning temperature control and water and electricity use control, and waste separation to reduce general waste.
- Improved resource utilization, including promoting the electronization of processes, reducing paper use, and implementing energy-saving and water-saving policies.
Social Achievements
- Provides employees with adequate education and training, reasonable benefits and remuneration in accordance with local laws and regulations.
- Maintains harmonious industrial relations with no major industrial disputes.
Governance Achievements
- Established an audit committee and a remuneration committee to assist the Board of Directors in fulfilling their supervisory duties.
- Implemented Corporate Governance 3.0 initiatives focusing on strengthening board functions, improving information transparency, stakeholder communication, aligning with international norms, and deepening sustainable governance culture.
Climate Goals & Targets
Medium-term Goals:
- Develop nanosilver coating solutions and provide one-stop services.
- Develop LTCC coating equipment to reach a coating dry thickness of 1000um.
Short-term Goals:
- Improve the performance of CCL immersion equipment to mass produce 1000-grade glass fiber cloth.
- Develop new MLCC coating equipment with a coating dry thickness of 2um and a machine speed of 30-50M/min.
Environmental Challenges
- External competition from Japanese manufacturers.
- Geopolitical influence on the economy and increased risks.
- Industry changes and red supply chain.
- More diversified products leading to high management costs.
- Accelerating market boom cycle and lengthy equipment construction times.
Mitigation Strategies
- Develops advanced technology and explores diversified products and emerging markets.
- Adheres to international standards and government corporate governance standards.
- Develops new products with high functions and market requirements.
- Strengthens production efficiency and increases capacity to reduce equipment costs.
- Expands products, customers, and regions; diversifies product production and customer base.
- Spare parts standardization and process transformation to reduce costs and shorten construction times.
- Equipment modularization to shorten on-site assembly time.
Supply Chain Management
Responsible Procurement
- Long-term cooperation with domestic and foreign high-quality suppliers.
Climate-Related Risks & Opportunities
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Social Responsibility
- Corporate Governance
Environmental Achievements
- Implementing laundry detergent refill stations to reduce single-use containers, reducing CO2 emissions by 0.34 kg CO2e per container per refill.
- Utilizing reusable meal containers, reducing CO2 emissions by 0.48 kg CO2e per container per use.
Social Achievements
- Charity donations to Yu De Children's Home.
- Regular blood donation drives in collaboration with the Hsinchu Blood Donation Center.
- Investment in Ruiyuan Elementary School's sustainability program.
- Implementation of gender-friendly initiatives including a physical friendly space map, gender equality seminars, and gender-friendly restrooms.
- Providing health screening services for employees through installed health measurement equipment.
Governance Achievements
- Obtained 7 patents in Taiwan and 6 patents in China in 2023, with several patent applications pending.
Climate Goals & Targets
Short-term Goals:
- Increase the number of certified internal ISO 14064-1 verifiers to 10 or more by 2024.
- Increase the number of certified lead ISO 14064-1 verifiers to 2 or more by 2024.