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