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