Climate Change Data

Quanta Storage Inc.

Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:11,639.78 tCO2e/year (2020)
Water Consumption:65,961.88 tons/year (2020)
Waste Generated:17,435.81 tons/year (2020)

ESG Focus Areas

  • Corporate Governance
  • Environmental Protection
  • Social Responsibility
  • Ethical Management

Environmental Achievements

  • Reduced GHG emissions by 4% compared to 2020
  • Reduced water consumption by 4% compared to 2020
  • Reduced waste by 3% compared to 2020
  • Zero chemical leakage and pollution accidents
  • Effluent meets Level 2 of the Integrated Wastewater Discharge Standards

Social Achievements

  • Maintained harmonious labor-management relations with no labor disputes
  • Provided various employee welfare measures (group insurance subsidies, gyms, etc.)
  • Conducted 394 internal training sessions with 9,562 training hours
  • Implemented policies and procedures in compliance with regulations and internationally recognized human rights principles
  • Established an effective career development training program for employees

Governance Achievements

  • Established an Audit Committee and a Remuneration Committee
  • Implemented Corporate Governance Best Practice Principles
  • Formulated Ethical Corporate Management Best Practice Principles
  • Established internal regulations prohibiting insider trading
  • Implemented a whistle-blowing system

Climate Goals & Targets

Long-term Goals:
  • Develop long-term cooperative relationships with customers
  • Expand the leading position and advantages in various technologies
  • Accelerate the development of new products or new business units through investment or M&A
Medium-term Goals:
  • Strengthen research and development teams
  • Improve production technology capabilities
  • Cultivate the professional abilities and qualities of employees
Short-term Goals:
  • Continue to develop new products and new customers
  • Hire more R&D personnel
  • Introduce automated production equipment

Environmental Challenges

  • Supply chain disruptions due to the COVID-19 pandemic
  • Rapid changes in data storage technology leading to inventory obsolescence
  • Antitrust lawsuits and legal proceedings
Mitigation Strategies
  • Developed alternative sourcing strategies
  • Estimated loss allowance for inventory write-downs and obsolescence
  • Settled lawsuits and appeals

Supply Chain Management

Responsible Procurement
  • Requires suppliers to comply with corporate social responsibility policy and sign the Supplier Corporate Social Responsibility Commitment
  • Requires suppliers to sign a procurement contract specifying adherence to corporate social responsibility policies

Climate-Related Risks & Opportunities

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:11,639.78 tCO2e/year (2021)
Scope 1 Emissions:81.51 tCO2e/year (2021)
Scope 2 Emissions:72.28 tCO2e/year (2021)
Scope 3 Emissions:11,556.66 tCO2e/year (2021)
Water Consumption:910.90 tons/year (2021)
Waste Generated:94,550.00 tons/year (2021)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced GHG emissions (details in report, but not quantified in a single percentage)
  • Obtained ISO14001 environmental management certification
  • Implemented carbon reduction measures

Social Achievements

  • Maintained harmonious labor-management relations without labor disputes
  • Provided various employee welfare measures (details in report)
  • Average proportion of female employees was 30.20%, and the average proportion of female managers was 21.50% in 2021

Governance Achievements

  • Established a remuneration committee and an audit committee
  • Implemented a robust internal control system
  • Regularly assessed the independence of CPAs

Climate Goals & Targets

Long-term Goals:
  • Expand leading position in optical, mechanical, electronics, and software and hardware integration technologies
  • Accelerate the development of new products or new business units through investment or M&A
Medium-term Goals:
  • Develop long-term cooperative relationships with customers
  • Strengthen research and development teams
  • Improve production technology capabilities
Short-term Goals:
  • Continue to develop new products and new customers
  • Strengthen R&D team
  • Introduce automated production equipment

Environmental Challenges

  • Major outbreaks of the pandemic in Taiwan and Thailand
  • Instability of raw material logistics
  • Changes in international monetary policies
  • Unstable supply of raw materials and significant price fluctuations
  • Geopolitical conflicts resulting in exchange rate fluctuations
Mitigation Strategies
  • Tapping into team capabilities to respond quickly and adapt to changes
  • Maintaining a stable financial foundation
  • Deepening partnerships with customers and suppliers

Supply Chain Management

Responsible Procurement
  • Requires suppliers to comply with sustainable development policy and sign the Supplier Sustainable Development Commitment
  • Requires suppliers to sign contract of ethics and integrity

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: ISO 9001, ISO 14001, OHSAS 18001, QC080000, ISO/TS16949

Third-party Assurance: KPMG Certified Public Accountants

Sustainable Products & Innovation

  • Products using EU RoHS compliant materials
  • Collaborative industrial robots

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:15,468.86 tCO2e/year
Scope 1 Emissions:12,333.61 tCO2e/year
Scope 2 Emissions:788.01 tCO2e/year
Scope 3 Emissions:14,513.67 tCO2e/year
Water Consumption:93,871.01 tons/year
Waste Generated:695.93 tons/year

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced total waste by 23.6% (from 910.90 tons in 2021 to 695.93 tons in 2022)
  • Obtained ISO14001 environmental management certification and regularly conduct greenhouse gas inventory in accordance with ISO140641, while continuing to implement carbon reduction measures to reduce emissions according to the results.

Social Achievements

  • Maintained harmonious labor-management relations without any labor disputes.
  • Provided various employee welfare measures, including performance bonuses, employee welfare committee activities, holiday gifts, employee tours, and club activities.
  • Implemented a comprehensive competency training program for employees, including new employee training, professional advanced training, and manager training.

Governance Achievements

  • Established a remuneration committee and an audit committee.
  • Formulated the Ethical Corporate Management Best Practice Principles, approved by the Board of Directors.
  • Established an effective accounting and internal control system.

Climate Goals & Targets

Environmental Challenges

  • Global supply chain challenges due to the COVID-19 pandemic and the Ukrainian-Russian war.
  • Increased operating costs due to raw material shortages, inflation, interest rate hikes, and exchange rate fluctuations.
  • Rigorous epidemic control in China and continuous pandemic in Thailand impacting domestic and primary production sites.
Mitigation Strategies
  • Team efforts to overcome obstacles and achieve revenue and profit growth.
  • Adjustment of product combination and integration of high-performance supply chain management and cost control actions.
  • Acceleration of production line automation to improve manufacturing technologies.
  • Strengthening cooperation with customers and suppliers.
  • Upholding the philosophy of sustainable development and complying with the code of conduct during product design, manufacturing, sales, and after-sales services.

Supply Chain Management

Responsible Procurement
  • Requires suppliers to comply with sustainable development policy and sign the Supplier Sustainable Development Commitment
  • Requires suppliers to sign a contract of ethics and integrity

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Uses EU RoHS compliant materials

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:814,825.93 tCO2e/year (unverified)
Scope 1 Emissions:120.85 tCO2e/year
Scope 2 Emissions:711,814.15 tCO2e/year
Scope 3 Emissions:1,632.26 tCO2e/year
Water Consumption:26,064,360.40 m3/year (unverified)
Waste Generated:1,128.65 tons/year (unverified)
Carbon Intensity:0.0138 TonsCO2e/million (2023)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced GHG emissions (although specific quantification is missing from the provided text and requires further analysis of the report's data tables).

Social Achievements

  • Maintained harmonious labor-management relations with no labor disputes.
  • Provided various employee welfare measures, including bonuses, health checkups, and recreational activities.
  • Implemented a comprehensive employee training program with 84,009 training hours in 2023.

Governance Achievements

  • Established a robust corporate governance system, including an Audit Committee and a Remuneration Committee.
  • Maintained high attendance rates at Board of Directors and Audit Committee meetings.
  • Implemented policies to prevent unethical conduct and insider trading.

Climate Goals & Targets

Environmental Challenges

  • Slight decline in annual revenue due to volatile economic conditions and slowdown in consumer electronics demand.
  • Supply chain disruptions due to the global chip shortage.
  • Potential risks from extreme weather events (typhoons and heavy rainfall).
Mitigation Strategies
  • Adjusted product portfolio to adapt to market changes.
  • Invested in new product development and automation to enhance competitiveness.
  • Developed alternative sourcing strategies for key components.
  • Incorporated flood mitigation measures in facility planning and equipped the factory with flood barriers.

Supply Chain Management

Responsible Procurement
  • Requires suppliers to sign contracts committing to sustainable development policies and ethical conduct.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (typhoons, heavy rainfall) causing damage to equipment and increased maintenance costs.
Transition Risks
  • Technical risks associated with replacing existing products with low-carbon alternatives.
Opportunities
  • Development of energy-efficient products and purchasing green energy.

Sustainable Products & Innovation

  • Products using EU RoHS compliant materials.