Climate Change Data

USI Corporation

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:148,170 tCO2e/year
Scope 1 Emissions:16,380 tCO2e/year
Scope 2 Emissions:131,790 tCO2e/year
Water Consumption:998.098 Ml/year
Waste Generated:890.82 tons/year

ESG Focus Areas

  • Environmental Sustainability and Climate Change
  • Health, Safety and Social Inclusion
  • Corporate Governance and Operational Performance
  • Innovation and Supply Chain Service
  • Sustainable Development

Environmental Achievements

  • Reduced electricity consumption by 0.75% (2015-2021 average 1.38%), energy by 5.10%, carbon by 2.39%, and water by 4.26%
  • Increased materials recycling rate to 12.3%
  • Reclaimed 10,986 MT of water
  • Recovered 12.87 MT of plastics
  • Completed investment in a 5MW solar plant with a projected output of 6 GWh of green power
  • Implemented ISO 14064-1, ISO 46001, and ISO 14067

Social Achievements

  • Reduced employee turnover (excluding retirees) by 0.9% to 3.4%
  • Zero work-related injuries and zero transportation-related accidents
  • Provided 10,776 hours of employee education/training (average 23.8 hours/person)
  • Organized HSE education and training for 1,166 persons (3,555 hours)
  • Implemented process safety management (PSM) training for 329 persons (1,902 hours)
  • Employed full quota (4) of persons with disabilities

Governance Achievements

  • Ranked top 6-20% of listed companies in the Corporate Governance Evaluation 2021
  • Established and operated ESG committees (formerly CSR committees) under the Board
  • Implemented various measures according to the Governance 3.0-Sustainable Development Roadmap
  • No legal and regulatory noncompliance in the economic aspect

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • Achieve 27% carbon reduction by 2030 (base year 2017)
  • Implement 10 energy conservation projects to reduce electricity by 1.71%
  • Implement GHG inventory
Short-term Goals:
  • Reduce water consumption by 2,880 MT/year through process improvement
  • Increase water reclamation to 12,000 MT
  • Reduce electricity consumption by 1.71%

Environmental Challenges

  • COVID-19 impact on daily life and business operations
  • Severe climate events (Texas ice storm, Hurricane Ida)
  • China's energy consumption and intensity dual control system
  • Supply chain disruptions
  • Global net-zero development and domestic energy transformation policy
Mitigation Strategies
  • Set Group’s 2030 carbon reduction target at 27% less based on 2017
  • Established the group’s Green Power Working Group
  • Continuous review of climate change risks and opportunities based on the TCFD framework
  • Implemented projects including old equipment replacement and production efficiency enhancement
  • 100% carbon inventory and verification according to ISO 14064-1 for all plants in Taiwan in 2022
  • Investment in energy-efficient equipment
  • Development of alternative sourcing strategies

Supply Chain Management

Supplier Audits: All 51 suppliers evaluated, 100% pass rate

Responsible Procurement
  • Supplier ESG Commitment
  • Green procurement mechanisms
  • Prioritization of local suppliers when conditions are similar

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme changes in rainfall pattern and climate pattern
  • Average temperature rises
  • Increase in the severity of extreme weather events: typhoons and floods
  • Sea level rises
Transition Risks
  • Consumer preference changes
  • Enhance emission report obligation
  • Product Stigmatization
  • Raw material cost rises
Opportunities
  • Reduce water use and water consumption
  • Participation in and adoption of renewables projects and adoption of energy conservation measures
  • R&D and innovation of new products and services
  • Alternative energy and energy diversification
  • Participation in carbon trade
  • Use low-carbon energy
  • Use of incentivizing policies
  • Recycling and reuse
  • Develop CBC new materials
  • Constantly participate in related activities

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, SASB Sustainability Accounting Standards-Chemicals, UNGC, ISO 26000, TCFD

Certifications: ISO 14001, ISO 45001, ISO 14064-1, ISO 46001, ISO 14067, ISO 27001, ISO 50001

Third-party Assurance: BSI Taiwan

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 6
  • SDG 7
  • SDG 8
  • SDG 9
  • SDG 11
  • SDG 12
  • SDG 13
  • SDG 16
  • SDG 17

USI's initiatives contribute to these goals through various ESG programs and activities

Sustainable Products & Innovation

  • Eco-friendly water-based sunshield coatings
  • Cooling PVC vinyl fabrics
  • Low-VOCs EPS
  • SiC market application development
  • High-flow injection HDPE product LH5590
  • ViviOnTM CBC products (8210XT, 0510HT, 0510T)

Awards & Recognition

  • 2021 Taiwan Corporate Sustainability Awards (TCSA) Top 50 and Platinum Corporate Sustainability Report Award
  • 2021 GCSA Sustainability Reporting – Bronze Class
  • 2021 TCIA Elite Award & Product Innovation Award
  • Industrial Contribution Award