Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Corporate Social Responsibility
• Sustainable Development
• Green Energy

Environmental Achievements

• Reduced greenhouse gas emission of purchased power by about 11.6% compared with 2020. Reduced gas emission of water temperature chamber by about 41.3% compared with 2020. Achieved 54MW of solar power plants built, contributing 8,700 tons of carbon emissions reduction, and Wah lee Group has reached negative carbon emissions.

Social Achievements

• Established the “Regulations Governing Employee Work”, “Procedures for Handling Work Place Sexual Harassment Complaints”, “Declaration of Prevention of Work Place Violence” and other management policies and procedures. Provided various subsidies for employees (e.g. wedding congratulatory money and scholarship for the children of employees, etc.), as well as sponsoring social events and staff retreats of employees. Provided group insurance and travel insurance to ensure the rights and welfare of employees. Established an employee stock ownership plan (ESOP). Donated NT$3.4million in 2021 to help National Sun Yat-Sen University train publicly funded doctors and scientists needed in rural areas, outlying islands and aboriginal areas.
• Donated NT$2.37 million to the chemical culture and education foundation of Chengdu University, National Sun Yat-Sen University and the alumni culture and education foundation of Taichung the Second Senior High School to care for the disadvantaged students in education.
• Donated NT$290,000 to Christian Futse Charity Foundation, Xue Xue Foundation, Taiwan Reading & Culture Foundation, Yong'an Children's Home and TPCA Environment Foundation to help handle cultural charity activities and promote the good atmosphere of society.
• Sponsored NT$100,000 to Baroque soloists in 2021 to support artists and shape a real, good and beautiful life field.
• Sponsored NT$300,000 to the composite industry association, Taiwan circuit board Association, Taiwan Institute of Chemical Engineers and Association of Atmosphere Protection in Taiwan to promote industrial upgrading.

Governance Achievements

• Established an Audit Committee in accordance with Article 14-4 of the Securities and Exchange Act, which is composed of all independent directors. Established the “Ethical Corporate Management Best Practice Principles”. Appointed Lin, Ren-Chih as the officer of corporate governance to ensure the shareholders' interest and strengthen the functionality of the board of directors. Purchased liability insurance for all board members and managers.

Climate Goals & Targets

Environmental Challenges

• Covid-19 confirmed cases often forced factories to halt production, which disrupted the supply chain. Ports congestion, ships, and container shortages in the shipping industry had increased difficulties in business operations. Worldwide inflations and interest rate hikes by global central banks.

Mitigation Strategies

• Demonstrated creative management strategies and business resilience with full flexibility. Speed up upgrading our business promotion model. Strengthen core competitive advantages. Build Taiwan's largest high-tech professional logistics center to solve some of Taiwan's serious logistics service shortages. Adjust product portfolio and pricing strategy, and appeal to new customers by exploring new applications for existing products. Integrate and develop solutions relevant to the industry chain, using popular end user products at the base.

Supply Chain Management

Responsible Procurement

• Select and evaluate suppliers to be listed as qualified suppliers, and reevaluate and manage qualified suppliers every year. Visit and participate in supplier, customer meetings and forums. Actively identify, participate in, coordinate, and apply for the legal requirements and regulations of government agencies by using the legal identification procedure, so as to ensure that the operation of the Company complies with the laws and regulations.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO14001

Awards & Recognition

• Topsolar Award

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Carbon Emission Reduction
• Circular Economy
• Supply Chain Sustainability

Environmental Achievements

• Achieved negative carbon emissions in 2021 by building approximately 54MW of solar power plants, contributing to a reduction of 35,000 tons of carbon emissions. Plans to reach 160MW by the end of 2023.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Carbon Emission Reduction
• Circular Economy (PCR plastics)
• Supply Chain Sustainability
• Responsible Procurement

Environmental Achievements

• Built solar power stations with capacities over 65MW by the end of 2023, equivalent to carbon emission reduction of 35,000 tons.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed