Taiwan Hopax Chems. Mfg. Co., Ltd.
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:20,390.01 tCO2e/year (2020)
Scope 1 Emissions:6,777.72 tCO2e/year (2020)
Scope 2 Emissions:13,612.29 tCO2e/year (2020)
Water Consumption:116.281 million liters (2020), 126.684 million liters (2021)
Waste Generated:972.12 tons (2020), 811.77 tons (2021)
Carbon Intensity:6.13 tCO2e/NT$ million in revenue (2019), 10.27 tCO2e/NT$ million in revenue (2020)
ESG Focus Areas
- Environmental Protection
- Social Responsibility
- Corporate Governance
Environmental Achievements
- Invested in carbon footprint certification and greenhouse gas inventory ahead of schedule in 2021.
- Created a circular economy by recycling and reusing waste heat.
- Da-Fa Plant received ISO14064-1:2018 Greenhouse Gas Inventory certification and obtained an Inventory Statement.
- Da-Fa Plant obtained the Carbon Footprint Verification Statement for several products.
Social Achievements
- Received the "Taiwan Corporate Sustainability Awards - Traditional Manufacturing Industry - Platinum" award from Taiwan Institute for Sustainable Energy (TAISE).
- Implemented employee shareholding trust system.
- Provided various employee welfare measures (e.g., subsidies for club activities, health examinations, insurance).
Governance Achievements
- Voluntarily established the Audit Committee and increased the number of Independent Directors to 3.
- All members of the Remuneration Committee are Independent Directors.
- Established the Technology Development Committee.
Climate Goals & Targets
Long-term Goals:
- Carbon neutrality by 2050
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Global pandemic impact on sales of certain products.
- Russo-Ukrainian War and increase in raw material prices and transportation costs.
- Fluctuations in international crude oil prices affecting cost of goods sold.
- Market competition affecting product prices.
- Overall market demand affecting revenue.
Mitigation Strategies
- Actively grasped opportunities for growth in demand for epidemic prevention.
- Maintained stable supply capacity to satisfy customer requirements.
- Developed diversified product applications and global production and sales locations.
- Used internal inter-plant production support.
- Developed alternative raw materials and increased the number of supply sources.
- Made timely adjustments of material inventories and reduced waste.
- Adjusted sales product portfolio to maintain profits from high value-added items.
- Focused on innovation to launch new products, develop new markets, and create new sales models.
Supply Chain Management
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons, heavy rainfall and flooding, high temperature and drought, cost of resources
Transition Risks
- Policies, regulations, technologies, market, and business reputation
Opportunities
- Green product development, green manufacturing, energy management, greenhouse gas inventory, product carbon footprint inventory, and energy conservation and carbon reduction projects
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 9002, ISO 14001, OHSAS 18001, ISO 14001:2015, OHSAS 45001:2015, ISO 14064:2018, ISO 45001
Third-party Assurance: Deloitte, Taiwan
Sustainable Products & Innovation
- FSC environmentally friendly products
- GreenKey de-formaldehyde removal products
- HYGIENECARE anti-bacterial products
Awards & Recognition
- "Taiwan Corporate Sustainability Awards - Traditional Manufacturing Industry - Platinum"
- "Taiwan Corporate Sustainability Awards - Traditional Manufacturing Industry - Gold"
- "Taiwan Corporate Sustainability Awards - Traditional Manufacturing Industry - Bronze"
- "Commonwealth Magazine Corporate Citizenship Awards"