Climate Change Data

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.