Elite Material Co., Ltd.
Climate Impact & Sustainability Data (2020, 2023)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:42,126.707 tCO2e/year
Scope 1 Emissions:15,855.151 tCO2e/year
Scope 2 Emissions:26,271.556 tCO2e/year
Water Consumption:288,648 m3/year
Waste Generated:2,841,464 tons/year
ESG Focus Areas
- Environmental Protection
- Employee Safety
- Corporate Social Responsibility
- Ethical Corporate Management
Environmental Achievements
- Gradually using natural gas to replace heavily oil, significantly reduce the emission of CO2
- Received qualifications of ISO 14001
- The waste of the production process is classified, and the materials can be recycled and reused are properly stored and consumed again internally.
Social Achievements
- Established an employee welfare committee that appropriates welfare funds and manages various welfare activities for employees.
- Provides holiday bonuses for traditional festival holidays, birthdays, weddings, and funerals for its employees.
- Provides free health checkup, labor insurance program, health insurance program, and a variety of group insurance programs for employees.
Governance Achievements
- Established “Code of Ethics” & “Best Practice Principles of Ethical Corporate Management”.
- Established a Corporate Social Responsibility Committee
- Established a corporate governance director
Climate Goals & Targets
Medium-term Goals:
- Expand the international market and enhance the long-term competitiveness of the Company
- Diversify the applications of the Company’s products and diversify the sales channels
Short-term Goals:
- Achieve the targets of the operating and financial budgets of Year 2021
- Increase the percentage revenue derived from High-Tg low-CTE base materials
Environmental Challenges
- Price volatility of raw materials
- The outbreak of Covid-19
Mitigation Strategies
- Increase the sales percentage derived from high value-added products.
- Diversify the sources of raw materials to lower the risk.
- Following the quarantine protocols strictly to ensure the company’s normal operations.
Supply Chain Management
Responsible Procurement
- Obtain “Supplier CSR Commitment Declaration”
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 14001, OHSAS18001, ISO 45001
Third-party Assurance: bsi (British Standards Institute)
Sustainable Products & Innovation
- eco-friendly laminates
Reporting Period: 2023
Environmental Metrics
Renewable Energy Share:1.2%
Carbon Intensity:Increased by 4.27% in 2023 compared to 2022.
ESG Focus Areas
- Corporate Governance
- Environmental Protection
- Sustainable Supply Chain
- Employee Care
- Sustainable Products
- Climate Change
- Economic Performance
- Business Ethics
- Information Security
Environmental Achievements
- Reduced air pollution generated by Taiwan plants by 18% in 2023 compared to 2022.
- Increased recyclable ratio of municipal waste by 6.7% in 2023 compared to 2022.
- Reduced intensity of total waste generation by 31.58% in 2023 compared to 2022.
- Reduced total energy consumption per unit of sales by 8% in 2023 compared to 2022.
- Achieved zero heavy oil usage in 2023.
- Reached 1.2% renewable energy utilization rate.
- Adopted a low-carbon formula, reducing carbon dioxide emissions by 20 tons per year.
Social Achievements
- 100% of suppliers signed the Social Responsibility Commitment and the Declaration of Conflict-Free Metals.
- No unqualified factories found during supplier audits.
- Implementation rate of occupational safety and health education and training programs reached 100% (achieving 15.5 hours).
- Added safety protection measures to older in-service machines.
- Expanded education and training for management, exceeding 25 hours per person.
- Employee turnover rate lower than 30% at most plants (excluding Huangshi Plant).
Governance Achievements
- 2023 annual revenue reached a record high of NT$41,296,217,000, a year-over-year increase of 6.78%.
- No illegal acts or corruption incidents in 2023.
- All employees completed an average of 15.9 hours of ethical management training.
- Ranked among the top 21-35% of companies in the 2023 corporate governance evaluation.
- Conducted four recovery drills focusing on equipment and data recovery.
Climate Goals & Targets
Long-term Goals:
- Increase the Prismark Report's share of the halogen-free/green materials market to 40% by 2035.
- Increase the ratio of bio-based/environmentally friendly raw materials to 50% by 2035.
Medium-term Goals:
- Reduce total energy consumption per unit sales by 20% by 2030 compared with 2022.
- Reduce greenhouse gas emission intensity by 25% by 2030 compared with 2022.
- Increase renewable energy use to 30% by 2030.
- Increase waste recycling rate by 10% by 2030 compared with 2022.
- Reduce total waste intensity by 30% by 2030 compared with 2022.
Short-term Goals:
- Reduce total energy consumption per unit sales by 20% by 2025 compared with 2022.
- Reduce greenhouse gas emission intensity by 5% by 2025 compared with 2022.
- Increase renewable energy use to 10% by 2025.
Environmental Challenges
- Fire accident in 2023 due to static electricity.
- High turnover rate at some plants.
- Supply chain risks.
- Climate change related risks (increased operating costs, natural disasters, regulatory changes).
- Cybersecurity threats.
Mitigation Strategies
- Comprehensive review of workplace safety and health management after the fire accident.
- Development of high-frequency substrates for automotive radars and advanced packaging.
- Diversification of raw material sources and long-term procurement agreements.
- Implementation of GHG reduction strategies (electricity saving, clean energy).
- Development of complete risk management framework (economic, environmental, social).
- Implementation of information security management system based on NIST Cybersecurity Framework.
Supply Chain Management
Supplier Audits: 100% of new suppliers audited.
Responsible Procurement
- Social Responsibility Commitment
- Declaration of Conflict-Free Metals
- Supplier Management Procedures (referencing RBA and international regulations).
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters (typhoons, earthquakes, floods)
Transition Risks
- Increased operating costs due to carbon tax, changes in customer demand.
Opportunities
- Development of green products, high-efficiency plants and equipment.
Reporting Standards
Frameworks Used: GRI Standards (2021), SASB Index
Certifications: ISO 9001, ISO 14001, ISO 45001
Third-party Assurance: BSI - Singapore
UN Sustainable Development Goals
- Goal 3
- Goal 4
- Goal 8
- Goal 12
- Goal 13
- Goal 16
The report details how EMC's initiatives contribute to these goals through various programs and policies.
Sustainable Products & Innovation
- Halogen-free CCL
- Low-carbon formula with bio-based epoxy resins
- Glass-fiber-cloth-free build-up film products.