Climate Change Data

Tong Hsing Electronic Industries Ltd.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:80,839.23 tCO2e/year
Scope 1 Emissions:803.5024 tCO2e/year
Scope 2 Emissions:60,286.0690 tCO2e/year
Scope 3 Emissions:19,749.66 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:112,423,736 kWh/year
Water Consumption:439.006 thousand cubic meters/year
Waste Generated:1,615.97 metric tons/year
Carbon Intensity:5.90 tCO2e/NTD million

ESG Focus Areas

  • Corporate Governance
  • Blissful Workplace
  • Sustainable Environment
  • Product and Service Innovation
  • Community Outreach and Engagement

Environmental Achievements

  • Saved approximately 260 million kWh of electricity with high-power LED bulbs, equivalent to the annual carbon absorption of 334.49 Da'an Forest Parks.
  • Reduced 8,043 tons of CO2 equivalent with automotive sensor IC packaging, equivalent to the annual carbon absorption of 20.65 Da'an Forest Parks.
  • Achieved a 33.4% recycling rate of semiconductor process sludge at the Longtan plant.
  • ISO 14064-1:2018 certification for organizational GHG inventory.

Social Achievements

  • Launched various employee well-being programs, including health check-ups, meal subsidies, and comfortable accommodations.
  • Provided 94,184 training hours in 2022.
  • Donated 710 pairs of old shoes to Step30 International Ministries.
  • Donated 43 refurbished computers to underprivileged students and organizations.

Governance Achievements

  • Established a Sustainability Development Committee and Sustainability Office.
  • Implemented a Code of Business Conduct and insider trading prevention procedures.
  • Achieved strong financial performance with a revenue of NT$140.71 billion.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero greenhouse gas emissions by 2050.
Medium-term Goals:
  • Reduce carbon emissions by 30% by mid-2030.
Short-term Goals:
  • Reduce carbon intensity by 1% in 2023 and 2024.

Environmental Challenges

  • Supply chain disruptions due to the COVID-19 pandemic.
  • Rising raw material costs.
  • Changes in rainfall patterns and extreme climate events.
  • Increased greenhouse gas emission prices.
  • Evolving regulations regarding greenhouse gas emissions reporting and future carbon taxation.
Mitigation Strategies
  • Activating backup inventories and diversifying production locations.
  • Collaborating with low-carbon production partners and exploring alternative material sourcing strategies.
  • Developing risk management and response measures for extreme climate events.
  • Strategically planning for regulatory adjustments and compliance.
  • Monitoring evolving regulations and ensuring compliance through appropriate measures.

Supply Chain Management

Supplier Audits: Annual surveys and risk assessments.

Responsible Procurement
  • Supplier Social Responsibility Policy
  • Conflict-free Minerals Declaration
  • Supplier Code of Conduct Commitment (to be introduced in 2023)

Climate-Related Risks & Opportunities

Physical Risks
  • Changes in rainfall patterns
  • Extreme climate events
Transition Risks
  • Rising raw material costs
  • Enhanced greenhouse gas emissions reporting obligations
  • Carbon taxation
Opportunities
  • Utilizing low-carbon energy sources
  • Reducing water consumption
  • Developing low-carbon products and services

Reporting Standards

Frameworks Used: GRI 2021, UN Sustainable Development Goals (SDGs), SASB Semiconductor Industry Standards, TCFD 2017

Certifications: ISO 14001, ISO 45001, ISO 14064-1:2018

Third-party Assurance: TUV Nord Taiwan (Type I Moderate Assurance)

UN Sustainable Development Goals

  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 9
  • Goal 11
  • Goal 12
  • Goal 13
  • Goal 17

Not disclosed

Sustainable Products & Innovation

  • High-power LEDs
  • Automotive image sensor IC packaging products

Awards & Recognition

  • 6th Taiwan Mittelstand Award