Climate Change Data

進泰電子科技股份有限公司 NEW ADVANCED ELETRONICS TECHNOLOGIES CO., LTD.

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Environmental Protection
  • Occupational Safety
  • Labor Standards
  • Corporate Governance
  • Stakeholder Communication

Environmental Achievements

  • Implemented various environmental protection measures, including waste classification and recycling, reduction of paper usage, and energy-saving policies.
  • 100% use of RoHS-certified raw materials.

Social Achievements

  • Provided employee benefits such as training subsidies, gatherings, and lotteries.
  • Maintained harmonious labor-management relations with no major disputes.

Governance Achievements

  • Established an audit committee composed entirely of independent directors.
  • Implemented a performance evaluation system for directors and managers.

Climate Goals & Targets

Environmental Challenges

  • Shortage of materials, labor, and logistics capacity, leading to increased costs.
  • Competition from consumer electronics products and large electronics OEMs.
  • Concentration of sales to leading brand manufacturers.
Mitigation Strategies
  • Optimized product structure and processes to improve material, labor, and equipment efficiency.
  • Strengthened supply chain management and established stable partnerships with suppliers.
  • Invested in automation, energy-saving, and precision production and testing equipment.
  • Developed a comprehensive human resource plan to improve employee loyalty and reduce turnover.
  • Developed new products with enhanced technological features to increase added value.

Supply Chain Management

Responsible Procurement
  • Selection of suppliers based on quality, efficiency, safety, and environmental standards.
  • Requirement for suppliers to fill out environmental burden substance non-use certificates and agreements.

Climate-Related Risks & Opportunities

Physical Risks
  • Typhoons, droughts, and extreme weather events
Transition Risks
  • Changes in regulations and market shifts
Opportunities
  • Development of energy-efficient products

Awards & Recognition

  • 13th National Brand Jade Mountain Award - Best Popularity Brand Category
  • 13th National Brand Jade Mountain Award - Best Product Category

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Implemented measures for recycling, waste reduction, and resource recovery; implemented energy saving measures such as a lights-out policy, sensor/LED lighting equipment, air conditioning usage regulations, and paperless policies; implemented pollution control measures such as dust removal, wastewater treatment, oil-water separation, and waste liquid tanks.
  • Followed RoHS (EU Restriction of Hazardous Substances Directive) and customer-specified quality and specification requirements, as well as sales area product safety and consumer rights regulations.

Social Achievements

  • Provided employee benefits including training subsidies, gatherings, and raffles; provided support for marriage, death, illness, and childbirth; implemented employee training programs; established grievance mechanisms.
  • Maintained harmonious labor-management relations; no major labor disputes occurred.

Governance Achievements

  • Established an audit committee; established a remuneration committee; implemented a board diversity policy; implemented anti-corruption training; established a whistleblower hotline; implemented internal control system; enhanced board functions.

Climate Goals & Targets

Environmental Challenges

  • Global inflation, the Russo-Ukrainian war, and China's zero-COVID policy hampered economic recovery; intense price competition in the OEM/ODM speaker manufacturing industry; material, labor, and freight capacity shortages and rising costs; competition from consumer electronics products; risks related to climate change (typhoons, droughts, greenhouse effect); risks related to supply chain concentration.
Mitigation Strategies
  • Strengthened product functionality, product quality, and process efficiency; globalized sales outlets and production capacity allocation; recruited and cultivated talent in various related fields; implemented flexible procurement strategies to reduce costs; strengthened risk management to prevent major financial risks; developed high value-added products; implemented a lights-out policy, sensor/LED lighting equipment, air conditioning usage regulations, and paperless policies; developed alternative sourcing strategies; established a whistleblower hotline; implemented internal control system.

Supply Chain Management

Responsible Procurement
  • Selection of suppliers based on organization, quality management procedures, equipment status, labor conditions, and effective quality or environmental certifications; requiring suppliers to complete declarations of non-use of environmentally hazardous substances and environmental burden substance guarantee agreements; regular supplier assessments.

Climate-Related Risks & Opportunities

Physical Risks
  • Typhoons
  • Droughts
  • Greenhouse effect