Climate Change Data

TAISOL Electronics Co., Ltd.

Climate Impact & Sustainability Data (2023, 2023-01-01 to 2023-06-30)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental protection
  • Employee welfare
  • Corporate governance

Environmental Achievements

  • Installed LED lighting in offices
  • Adopted SGS-certified printing companies and papers

Social Achievements

  • Established Employee Welfare Committee
  • Implemented various employee welfare measures (flexible working hours, transportation, health inspections, etc.)
  • Provided various insurance and welfare benefits

Governance Achievements

  • Established a sustainability team
  • Compiled a sustainability report
  • Established an Audit Committee
  • Established a Nomination Committee
  • Established a Remuneration Committee
  • Implemented various corporate governance policies and procedures

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Price competition from Chinese companies
  • Volatility in raw material prices
  • International currency fluctuations
Mitigation Strategies
  • Develop new high value-added products
  • Improve production technologies and procedures
  • Implement concentrated procurement and planned production
  • Negotiate with customers for reasonable pricing
  • Engage in forward exchange to hedge currency risks
  • Collect information on exchange rate changes and adjust selling prices accordingly

Supply Chain Management

Responsible Procurement
  • EICC Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used:

Certifications: ISO 14001

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-01-01 to 2023-06-30

Environmental Metrics

Total Carbon Emissions:Dongguan: 2,660.78 tCO2e; Taipei HQ & Taoyuan: 22.0 tCO2e (Scope 1 & 2)
Renewable Energy Share:Dongguan: 20%; Siyang: 100% (solar)
Water Consumption:Dongguan: 2,000,000 m3; Siyang: 1,000,000 m3

ESG Focus Areas

  • Governance
  • Environmental
  • Social
  • Human Rights

Environmental Achievements

  • Launched carbon footprinting initiative at Taipei headquarters and Dongguan factory.
  • Dongguan factory obtained ISO 14001, ISO 45001, and IATF 16949 certifications.
  • Siyang factory installed 1MW solar power generation equipment.
  • Implemented waste reduction and recycling programs.

Social Achievements

  • Launched employee well-being programs, including on-site health services.
  • Organized various community engagement activities (e.g., donation of desks and chairs to underprivileged children, anti-fraud public service announcements).
  • Purchased NT$3,000,000 in charitable gift boxes.

Governance Achievements

  • Established a Sustainability Development Committee.
  • Implemented a whistleblower system.
  • Conducted regular ESG training for employees (total 1,700 person-times, 1,700 hours).

Climate Goals & Targets

Environmental Challenges

  • Rising energy costs
  • Difficulty in recruiting and retaining talent
  • Geopolitical influences and insufficient sustainability efforts leading to customer order transfers
  • Fluctuations in key material prices
  • Quality issues
  • Climate change impacts
  • Supply chain management issues
  • Cybersecurity issues
  • Incomplete occupational safety and health systems
Mitigation Strategies
  • Implementing energy-saving and emission reduction measures.
  • Developing a talent development system.
  • Strengthening customer relationships.
  • Entering new industries.
  • Implementing digital transformation.
  • Improving supply chain management.
  • Improving quality control.
  • Investing in automation equipment.
  • Improving occupational safety and health systems.

Supply Chain Management

Supplier Audits: 300 suppliers surveyed, 270 responses, 90% compliance rate for conflict minerals.

Responsible Procurement
  • RBA Code of Conduct
  • Conflict Minerals Reporting Template
  • Local procurement policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, Taiwan Stock Exchange guidelines

Certifications: ISO 9001, ISO 45001, IATF 16949

Third-party Assurance: None

UN Sustainable Development Goals

  • SDG 7: Affordable and Clean Energy
  • SDG 8: Decent Work and Economic Growth
  • SDG 9: Industry, Innovation and Infrastructure
  • SDG 12: Responsible Consumption and Production
  • SDG 13: Climate Action

Initiatives contribute to these goals through energy efficiency, sustainable procurement, community engagement, and waste reduction.

Sustainable Products & Innovation

  • Energy-efficient cooling solutions