TAI-SAW TECHNOLOGY CO., LTD.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Occupational Safety and Health
- Human Rights
- Labor-Management Relations
- Corporate Governance
Environmental Achievements
- Passed ISO 14001:2015 certification (Validity of Certificate: Aug. 13th, 2020~Aug. 12th, 2023)
- Initiatives in energy and water preservation, waste reduction, manufacturing process improvement, pollution control and resource recycle and reuse
- Total green purchase reached NT$1,133,681 in 2022
- Passed ISO 45001:2018 certification (Certificate No: OHS630963 , Validity of Certificate: Aug. 2nd, 2020~Aug. 1st, 2023)
Social Achievements
- Established Employee Welfare Committee
- Implemented pension system
- Encouraged employees to participate in domestic and overseas training courses and technology conferences
- Planned employee group insurance and arranged regular check-ups
- Established whistleblowing and complaint system
- Adopted the “TST Code of Conduct”
Governance Achievements
- Established Remuneration Committee and Audit Committee
- Established Sustainable Development Committee in 2022
- Adopted the “Corporate Governance Principles” and “Sustainable Development Best Practice Principles”, and “Ethical Corporate Management Best Practice Principles”
- Adopted the “Regulations for the supervision of subsidiaries”, “Ethical Code of Conduct” and “Regulations Governing Finance and Business of Group Enterprise Company and Specific Companies”
Climate Goals & Targets
Short-term Goals:
- Reduce electricity consumption of entire factory by more than 15% by 2024
- Reduce water usage by about 20% by 2023
Environmental Challenges
- Global economic recovery faltering due to Russo-Ukrainian War, inflation, and China's Zero-Covid policy
- Gradual decrease in demand from consumer electronics and ICT customers
- Pressure on inventory depletion
- Inflation and interest rate hike
- Severe competition for frequency components
- Geopolitical effects and elevating global economic uncertainty
- Shortage of RF and IF high-frequency talents
Mitigation Strategies
- Increasing pricing power in niche markets
- Improving operations and profitability
- Prudent assessment of future market changes and agile adjustment of product mix and sales strategy
- Refining the development of professionals to improve customer service
- Utilizing application characteristics of existing products to explore opportunities in automotive, medical and 5G markets
- Improving efficiency and cooperating with domestic and international suppliers
- Deepening organizational development, actively developing human resources and seeking strategic capital and technology investment and cooperation opportunities
- Strengthening partnerships with strategic partners through investment in technology
- Speeding up Time-To-Market through division of labor, integrating the supply chain to improve procurement capabilities and optimize cost structures
Supply Chain Management
Responsible Procurement
- Procedures for restricted substances and green supply chain management
- Procedures for supplier management
- Procedures for environmental aspect management
Climate-Related Risks & Opportunities
Awards & Recognition
- 2015 Taiwan Excellence Award