Wistron Information Technology Services (WITS)
Climate Impact & Sustainability Data (2019, 2020, 2021, 2022, 2023)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Economy
- Environment
- Society
- Governance
Environmental Achievements
- Not disclosed
Social Achievements
- Created a better work environment for colleagues, giving everyone a sense of belonging.
Governance Achievements
- Moved headquarters from Neihu to Xizhi and set up a Chinese headquarters in Wuhan.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Uncertainty and volatility of the economic environment
- Challenges in the global economy in 2020
Mitigation Strategies
- Cautious approach to challenges with thorough risk assessments and controls to ensure sustainable growth.
- Further enhance the composition workforce of Wistron ITS by improving on its talent as well as competitiveness of IT capabilities.
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: GRI Standards
Certifications: Null
Third-party Assurance: Third-party if required
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
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: CMMI level 5, ISO9001, ISO27001, ISO20000, ISO22301
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Innovation
- Partnerships
- Client Satisfaction
- Supplier Management
- Information Security
- Digital Transformation
Social Achievements
- Achieved CMMI Level 5 certification in 2020, demonstrating high standards in software development, quality control, and service management.
- Maintained high client satisfaction levels (details not quantified).
Governance Achievements
- Obtained various certifications including CMMI Level 3, ISO 9001, ISO 27001, TIPS, ISO20000, ISO22301, and others since 2005.
- Established a code of conduct for suppliers encompassing human rights, clean procurement, and information security.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Periodic audits and spot checks
Responsible Procurement
- Compliance with laws and regulations
- Respect for human rights and labor rights
- Clean procurement
- Information security
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: CMMI Level 5, CMMI Level 3, ISO 9001, ISO 27001, TIPS, ISO20000, ISO22301
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- reducing 39.16% emissions per unit of revenue compared with 2021
- reducing 17.4% water usage per unit of revenue compared with 2021
- reducing 13.39% waste per unit of revenue compared with 2021
Social Achievements
- established “Human Rights Policy”
- providing competitive rewards and talent development programs
- adding career training courses for employees
Governance Achievements
- established the ESG Committee in 2022
- ranked among the top 5% of TPEx listed companies in Corporate Governance Evaluation for two consecutive years
Climate Goals & Targets
- reduce emissions by 6% per unit of revenue until 2023
- reduce water usage by 3% per unit of revenue until 2023
- reduce waste by 3% per unit of revenue until 2023
Environmental Challenges
- War, inflation, and COVID-19 resurgences caused major changes in global macroeconomics and international relations.
- Rising risks and uncertainty in the market have challenged the resilience of our Company’s operations and management.
Mitigation Strategies
- expanded our employee career enhancement program
- ramped up digital innovation by developing and optimizing our employee service and business support system
- actively cultivated the new energy industry
Supply Chain Management
Responsible Procurement
- requires suppliers to adopt environmentally friendly policies and measures to reduce pollution
- ensures the signing of integrity commitments by ... suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
Certifications: CMMI Level 5, ISO9001, ISO 27001, TIPS, ISO 14001, ISO 45001, ISO 22301, RBA
Awards & Recognition
- Top 100 Digital Service and Leading Service Providers
- Top 10 Leading Enterprises in Service Outsourcing and Employment Expansion
- Top 10 Leading Digital Service Providers
- Key Services Trade Providers
- Digital Trade Development Forum Partner
- Outstanding People
- ESG Practice Model Award
- Outstanding Digital Service Provider 2022
- Favorite Talent Employer Award
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environment
- Social Engagement
- Governance
- Technological Innovation
Environmental Achievements
- Installation of solar panels in the Wuhan office, expected to generate up to 40 kWh of electricity annually, reducing carbon emissions by 31 tonnes per year.
- Total electricity and energy consumption reduced by 436 GJ, or 9.9% annually, compared to 2022.
- Unit turnover greenhouse gas emissions decreased by 19.3% compared to the previous year.
- 12.9% reduction in water consumption for business turnover over the previous year.
Social Achievements
- 53.7% of supervisors were female in 2023.
- Group insurance for employees and their immediate families in Taiwan.
- Flexible work hours, adjustment of attendance in lieu of working days.
- Establishment of diversified social clubs.
- Organized regular teambuilding activities.
- Conducted human rights due diligence for the first time.
- 42 technical and non-technical training sessions were organized, with a total of 5,610 learning hours.
- Organized the 'Rudder of Innovation' forum.
- Collaborated with 20+ educational organizations and 17 schools.
- Operated WITS Labs and organized 16 technical community meetings.
- Participated in the 'Seed Talent Program' and was awarded the Best Popularity Award.
- Fresh recruit development program - Emerging Leader Program (ELP).
- WITStar high potentiality talent program & Management Trainee (MT) reserve supervisory program.
- Donation of RMB300,000 to Gansu and Qinghai Earthquake Relief Program.
Governance Achievements
- Ranked in the top 5% of companies listed in the 10th Annual Corporate Governance Review.
- No anti-competitive or anti-trust violations in the past three years.
- Integrity and Ethics Training Accomplished 100% Enforcement Rate.
- Emphasize the confidentiality, integrity, and availability of the information security management system and maintain the ISO 27001 certification.
- Invite 70 key suppliers to participate in the Key Supplier Forum.
- 100% signing of Statement of Good Faith by key suppliers.
- Obtained the new ISO/IEC 27001:2022 certification in 2023.
Climate Goals & Targets
- Achieve carbon neutrality
- Reduce electricity intensity by 10% by 2026 (2023 as base year).
- Reduce GHG emissions by 10% by 2026 (2023 as base year).
- Achieve carbon neutrality (long-term goal).
- Reduce electricity consumption by 10% by 2023 (2020 as base year).
- Reduce greenhouse gas emissions by 6% by 2023 (2020 as base year).
- Reduce water consumption per business unit by 3% by 2023 (2020 as base year).
- Reduce waste per unit turnover by 3% by 2023 (2020 as base year).
Environmental Challenges
- Growth of the IT business and increase in equipment construction made it difficult to control the growth of equipment power consumption.
- Difficulty in attracting and retaining talent.
- Risk of service interruptions caused by natural disasters and equipment failures.
- Increased operating costs due to stringent GHG emission controls and carbon/energy taxes.
- Reputational risks due to failure to meet stakeholder expectations.
- Risk of non-collection of accounts receivable.
- Risk of information security breaches.
- Need to keep abreast of emerging technology trends.
Mitigation Strategies
- Implementing energy-saving measures (LED lights, motion sensors, high-efficiency air conditioning).
- Providing competitive compensation and talent development programs.
- Developing WITS College and training development map.
- Strengthening energy monitoring and management systems.
- Regularly reviewing property insurance coverage.
- Using more efficient equipment.
- Promoting energy saving and carbon reduction among employees.
- Establishing a business support platform to improve accounts receivable management.
- Implementing ISO 27001:2022 and comprehensively reviewing the current information security framework.
- Strengthening employees' awareness of security.
- Keeping abreast of current events and researching emerging technology trends.
- Announcing the 'Code of Conduct for the Use of Emerging Technological Tools'.
Supply Chain Management
Supplier Audits: 70 key suppliers audited
Responsible Procurement
- Supplier Social Responsibility Pledge
- Code of conduct
- Supplier sustainability requirements
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (typhoons, rainfall, snowfall)
- Rise in average temperature
Transition Risks
- Policy and regulatory risks (carbon reduction commitments, GHG emission controls, carbon/energy taxes)
- Reputational risks
Opportunities
- Resource efficiency (energy, water, waste management)
- Use of low-carbon alternative or renewable energy sources
Reporting Standards
Frameworks Used: GRI Standards - Core Options - General Disclosures, Taiwan Stock Exchange• Sustainable Development Best Practice Principles, Sustainability Accounting Standards Board (SASB) IT Services, United Nations (UN) Sustainable Development Goals (SDGs), Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD)
Certifications: ISO 27001:2022, ISO 14064
Third-party Assurance: BSI
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 7
- SDG 8
- SDG 10
- SDG 13
- SDG 14
- SDG 15
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- Chat8855 intelligent employee customer service system
Awards & Recognition
- Top 5% of companies listed in the Corporate Governance Review
- Best Talent Acquisition
- Best IT Employer Award
- Taiwan Corporate Sustainability Awards (Bronze Level)
- Best Popularity Award (STP Seed Talent Development Program)