Castles Technology Co., Ltd.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:4,164.117 metric tons CO2e (Scope 1: 103.56, Scope 2: 726.49, Scope 3: 3334.07)
Scope 1 Emissions:103.5573 tCO2e
Scope 2 Emissions:726.4862 tCO2e
Scope 3 Emissions:3334.07 tCO2e
Renewable Energy Share:0%
Total Energy Consumption:5,006.87 GJ (Electricity: 4,968.46 GJ, Gasoline: 38.41 GJ)
Water Consumption:13.40 ML (Withdrawal)
Waste Generated:69.564 tons (E-waste: 7.664 tons, Domestic waste: 61.90 tons)
Carbon Intensity:0.602 metric tons of CO2e per million in 2023.
ESG Focus Areas
- Environmental Stewardship
- Social Responsibility
- Corporate Governance
Environmental Achievements
- Completed organizational carbon inventory following ISO 14064-1:2018 for Taiwan operations; planning to expand globally.
- Reduced plastic in S1F2 POS device packaging by 88% and carton weight by 17% and volume by 16%.
- Opened a new repair center in France to reduce transportation emissions and e-waste.
Social Achievements
- Established a new plant and immediately invested in safety management, minimizing occupational accidents.
- Conducted 6 labor-management talks and had 0 sexual harassment claims.
- Completed 56 supplier audits.
Governance Achievements
- Appointed Head of Corporate Governance in March 2023.
- Established an Information Security Management Committee.
- Established an independent legal department.
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero emissions by 2050.
Medium-term Goals:
- Achieve 100% utilization of zero carbon emissions or renewable energy by 2050.
- Complete carbon inventory of overseas business locations by 2025.
- Pass ISO 45001 verification in 2025.
Short-term Goals:
- Increase QRF satisfaction target to 94% in 2024.
- Achieve ISO 27001 certification by 2024.
- Complete Castles Technology carbon reduction blueprint plan by 2024.
Environmental Challenges
- Supply chain disruptions due to geopolitical risks and increased transportation costs.
- Increasing pressure for zero-emission products and stricter plastic restrictions.
- Fragility of supply chains in achieving carbon emission reduction goals.
- High employee turnover rates.
Mitigation Strategies
- Strengthening local manufacturing in Taiwan and expanding pan-Asian manufacturing capacity.
- Adjusting product production strategy based on customer feedback and regulations; improving product testing for extreme weather conditions.
- Reducing and adjusting the use of disposable packaging materials; promoting supply chain sustainability improvement plan.
- Improving employee education and training system; summarizing reasons for employee turnover and identifying areas for improvement.
Supply Chain Management
Supplier Audits: 56 audits in 2023
Responsible Procurement
- Compliance with RoHS, EU Packaging Materials Directive, Battery Directive, REACH, and HSF regulations.
- Requirement for suppliers to sign documents guaranteeing compliance with sustainable procurement standards.
- Incorporation of ESG criteria into supplier evaluation and management processes.
Climate-Related Risks & Opportunities
Physical Risks
- Flooding of the plant due to short-term heavy rainfall.
Transition Risks
- Increasing pressure for zero-emission products.
- Stricter plastic restrictions and other sustainability-related regulations.
- Fragility of the supply chain in consistently reducing carbon emissions.
Opportunities
- Reduce energy consumption using research and development to increase product efficiency.
- Customer demand for low-waste packaging is increasing.
Reporting Standards
Frameworks Used: GRI Standards (2021 edition), TCFD
Certifications: ISO 9001, ISO 14064:2018
Third-party Assurance: Price Water House Coopers
Sustainable Products & Innovation
- S1U2 Android outdoor unmanned payment device with improved energy efficiency and durability.
- SoftPOS software solution for mobile payment acceptance.