Climate Change Data

泰豐輪胎股份有限公司

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:10839.6966 tCO2e/year (Scope 1 & 2, self-reported)
Scope 1 Emissions:3166.727 tCO2e/year
Scope 2 Emissions:7672.969 tCO2e/year
Total Energy Consumption:15284.8 MWh/year
Water Consumption:98268 m3/year
Waste Generated:858.51 tons/year
Carbon Intensity:1.47 tCO2e/ton of product (2021)

ESG Focus Areas

  • Governance
  • Environmental
  • Social

Environmental Achievements

  • Reduced carbon emissions by 1% in 2021 (target)
  • Improved energy efficiency by 13.8% in tire production through the 'tire making efficiency improvement project'
  • Implemented water recycling and reuse in production processes
  • Reduced air pollutants through the installation and maintenance of air pollution control equipment

Social Achievements

  • Maintained a harmonious labor-management relationship with regular meetings and open communication channels
  • Implemented various employee well-being initiatives, including health checkups, health education, and stress reduction programs
  • Achieved zero major occupational accidents in 2021
  • Provided competitive salaries and benefits, including performance bonuses, and various welfare activities

Governance Achievements

  • Established a robust corporate governance structure with functional committees (audit, compensation, integrity)
  • Maintained a high level of compliance with laws and regulations, achieving zero penalties in 2021
  • Implemented an ethics code and whistleblower protection mechanisms

Climate Goals & Targets

Short-term Goals:
  • Reduce carbon emissions by 1%

Environmental Challenges

  • Global tire oversupply from China
  • High sea freight costs
  • Rising energy and raw material prices
  • Anti-dumping duties imposed by the US
  • Water scarcity
  • Climate change risks (extreme weather)
  • Labor shortages
  • Cybersecurity risks
Mitigation Strategies
  • Diversified sales strategies to reduce reliance on the US market
  • Developed non-DOT tires for the US market
  • Strengthened relationships with European, Middle Eastern, and Latin American clients
  • Implemented water conservation measures and recycling
  • Established a typhoon prevention headquarters
  • Implemented ISO 45001 occupational safety and health management system
  • Developed employee training programs to reduce turnover
  • Implemented cybersecurity measures, including regular vulnerability scans, backup systems, and access control

Supply Chain Management

Responsible Procurement
  • Selection of suppliers based on quality, cost, delivery, service, management, and environmental considerations
  • Implementation of a 'Cleanliness Commitment' to ensure compliance with environmental and labor regulations

Climate-Related Risks & Opportunities

Physical Risks
  • Typhoons, flooding
Transition Risks
  • Regulatory changes

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001, ISO 14001, ISO 45001, IATF 16949, ISO 17025, CNS 45001

Sustainable Products & Innovation

  • Development of energy-efficient and low-rolling-resistance tires

Awards & Recognition

  • Red Dot Design Award (multiple years)