Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Social Inclusion
• Corporate Governance

Environmental Achievements

• Introduced a greenhouse gas emissions quantification mechanism and obtained accreditation by a third-party verification body in 2022.
• Continued to replace old machinery with new equipment and installed energy-saving facilities.
• Waste resource utilization and recycling rate are targeted to exceed 90%.
• Enhanced recovery of waste resources and passed the first-stage review of CLSM by the Ministry of Economic Affairs.
• Received the Outstanding Project of NetZero Industries Award granted by the 21st Century Foundation.
• Solar panels installed at the Hsinchu Factory (1,722KW) and Xinying Factory (499.8KW), totaling 2,221.8KW.

Social Achievements

• Participated in multiple campaigns and events in the public interest, including those for educational support, environmental protection, assistance for the underprivileged and sponsorship for artistic and cultural activities.
• A total of 194 suppliers/contractors signed the Corporate Sustainability Commitment.
• Implemented occupational safety and health policies that put safety first, minimize occupational hazards, provide employee training, and ensure employee health with the goal of achieving complete elimination of occupational hazards.

Governance Achievements

• Elevated the status of the Corporate Sustainability Committee to a functional committee directly reporting to the Board of Directors.
• One of the top 20% companies according to the 9th Corporate Governance Evaluation (of the TWSE) this year.
• Obtained independent assurance opinion statement of an assurance provider for its 2022 Sustainability Report.
• Introduced TCFD-related risk management practices and released climate-related financial disclosure report on the Company’s website.
• Strengthened supply chain responsibility and procurement management and encouraged suppliers and contractors to strengthen their internal requirements for environment, sustainability, and governance.

Climate Goals & Targets

Environmental Challenges

• Construction industry experienced delays due to labor shortage impacting shipment amounts.
• Fluctuations of raw materials prices and the impact of the labor shortage on the construction industry.

Mitigation Strategies

• Optimized supplier management and adopted a floating price mechanism for steel products sold to long-term clients.

Supply Chain Management

Responsible Procurement

• Corporate Sustainability Commitment signed by 194 suppliers/contractors

Climate-Related Risks & Opportunities

Awards & Recognition

• Outstanding Project of NetZero Industries Award

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Social Inclusion
• Corporate Governance

Environmental Achievements

• Completed 2023 GHG inventory with third-party verification
• Formulated a decarbonization pathway: 4% and 32% accumulated decarbonization by 2025 and 2030 respectively and 100% carbon neutrality by 2050
• Spent NT$8.52 million replacing old machinery and conserved approximately 264,000 kWh of electricity
• Achieved above 90% waste recycling rate
• Promoted waste recycling and used submerged arc welding slag to produce low-strength materials
• Introduced ISO 50001 energy management system and ISO 14001 environmental management system
• Promoted circular economy and established multiple channels for waste recycling and disposal
• Enhanced green procurement and received Green Procurement Business Excellence Award from Tainan City
• Installation of a solar PV system of 1999.56 kW (estimated generation capacity of 2.42 million kWh annually)

Social Achievements

• Cultivated workplace safety culture with a goal of zero occupational incidents
• Implemented human rights policies to achieve zero violations of labor regulations
• Encouraged employee participation in various philanthropic events
• Implemented gender equality measures in the workplace
• Actively promoted industry-academia collaboration and provided diverse job opportunities and training

Governance Achievements

• Regularly compiled and submitted the Company’s sustainability implementation to the Sustainability Committee and the Board of Directors
• Published the Sustainability Report (in Chinese and English), TCFD Report, and obtained third-party verification of the Sustainability Report
• Reinforced supply chain’s responsible procurement management
• Established a Cybersecurity Committee to ensure cybersecurity and information protection
• Continued to collaborate with the National Center for Research on Earthquake Engineering to develop AI-assisted automated diaphragm welding
• Promoted operational integrity and reinforced employees’ understanding of and the promotion of intellectual property right knowledge

Climate Goals & Targets

Environmental Challenges

• Delays in fulfilling certain steel structure orders due to labor shortages in the construction industry
• Rising cost of both materials and contracting
• Changes in waste composition and government commitment to reducing pollution emissions
• Competition from newly built processing plants and government’s promotion of circular economy policies for hazardous waste processing

Mitigation Strategies

• Adjustments to accommodate changes in construction progress
• Close monitoring of rising costs
• Systematic upgrades of waste treatment and pollution prevention facilities with advanced technology
• Endeavor to increase profit by continuously soliciting business of complicated treatment of high-priced waste to create a market niche
• Amend trial operation plan for new incinerator to obtain an operational permit

Supply Chain Management

Responsible Procurement

• Supplier/Contractor Corporate Sustainability Commitments

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 50001, ISO 14001

Third-party Assurance: Third-party verification of GHG inventory and Sustainability Report

Sustainable Products & Innovation

• Low-strength materials from welding slag

Awards & Recognition

• Green Procurement Business Excellence Award from Tainan City