Arch Meter Corporation
Climate Impact & Sustainability Data (2021, 2022, 1Q~3Q/23, 2021-2024Q3, 2023)
Reporting Period: 2021, 2022, 1Q~3Q/23
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Company's existing factory space is insufficient to meet the future order demands for smart meters from domestic and overseas customers.
- Geopolitical conflicts/international economic slowdown/inflation may bring new variables to the supply and demand of the smart grid market.
Mitigation Strategies
- Plan to invest approximately NT$860 million to build a new factory in Xiangshan to increase production capacity.
- Adjusting ASPs on new smart meter orders to reflect raw material cost increases.
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
Reporting Period: 2021-2024Q3
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Officially listed on January 29, 2024.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Develop next-generation smart meters for international target markets, with testing and certification scheduled for 2025.
- Plan a commercialization promotion model with system providers in 2025.
Short-term Goals:
- Expand monthly production capacity to 80K smart meters by 2025.
- Develop high-end power monitoring devices integrating IEC61850 and transient power quality measurement capabilities, with mass production planned for 2025.
- Develop the first automated smart meter testing line for domestic clients, with plans to expand to two additional lines in 2025.
- Develop distribution transformer monitoring and communication terminal devices for domestic and international clients, with completion scheduled for 2025.
- Develop one model of din rail-type DC meter for DC charging stations, with mass production scheduled for 2025.
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: ANSI smart meter international certification
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Next-generation smart meters
- NIALM sensors
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Amendments to "Ethical Corporate Management Best Practice Principles", "Procedures for Ethical Management and Guidelines for Conduct", "Code of Ethical Conduct", "Corporate Governance Best Practice", and "Rules Governing the Conduct of the Board Meetings"
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Rapid technological innovations and market competition leading to higher risk of inventory losses due to slow-moving inventory and obsolescence.
- Competition in foreign smart meter markets is relatively fierce.
Mitigation Strategies
- Completed ANSI Type Test Certification for smart meters.
- Completed the preliminary development of upgrading the meter's security level to IEC 62056 suite 1.
- Developed the non-intrusive appliance load monitoring (NIALM) technology.
- Developed the power measuring and leakage protection modules for charging stations and achieved mass production.
- Cooperating with communication system integrators to expand overseas markets in a systematic and flexible manner.
- Actively managing international distribution channels to expand the market.
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: ANSI Type Test Certification
Third-party Assurance: PricewaterhouseCoopers
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Smart meters
- Power monitoring instruments
- Power management systems
- NIALM sensor prototype
- Power measuring and leakage protection modules for charging stations
Awards & Recognition
- Not disclosed