Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon emissions by 796.2 tons/year through the use of low-bath ratio dyeing machines.
• Reduced natural gas consumption by 334,717 degrees/year and CO2 emissions by 706.6 tons/year through improvements in dyeing machine heat exchangers and valve insulation.
• Development of S.Café® eco-friendly coffee yarn and Stormfleece fabrics, obtaining multiple patents and global market presence.
• Development of AIRMEM® waterproof breathable film using recycled coffee grounds, winning the 2020 Taiwan Excellence Gold Award.

Social Achievements

• Implementation of a 'zero-fee policy' for migrant workers, eliminating fees for securing work or retention.
• Donation of thousands of isolation gowns and protective suits to government agencies and hospitals during the COVID-19 pandemic.
• Establishment of a staff welfare committee providing various welfare measures, including annual domestic travel or travel subsidies, family day activities, and holiday gifts.
• Providing a comfortable and safe working environment, including regular health checkups and safety and health training.

Governance Achievements

• Establishment of a remuneration committee to assist the board in fulfilling its supervisory responsibilities.
• Establishment of an ESG executive committee in October 2021.
• Implementation of an internal control system, with regular reporting and announcements of major board decisions to enhance transparency.
• Regular assessment of the independence of the auditing firm.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions, labor shortages, and rising raw material and shipping costs due to the COVID-19 pandemic.
• Increased freight costs due to global port congestion and delays requiring air freight.
• The impact of the COVID-19 pandemic on the group's garment development in Vietnam.

Mitigation Strategies

• Accelerating vertical integration of product production processes to reduce cost increases.
• Establishing a domestic sales department to expand operations and reduce the impact of external factors.
• Completion of a new Enterprise Resource Planning (ERP) system to improve resource integration and operational efficiency.
• Vertical integration of bonding departments to enhance competitiveness in waterproof breathable functional fabrics.
• Establishment of a brushing department to ensure product manufacturing technology and achieve product autonomy.
• Re-establishing production teams in Vietnam following policy adjustments.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products.

Reporting Standards

Frameworks Used: Null

Certifications: bluesign®, GRS, OEKO-TEX®

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• S.Café® eco-friendly coffee yarn, Stormfleece fabrics, AIRMEM® waterproof breathable film.

Awards & Recognition

• Taiwan Excellence Award, ISPO Textrends Award, TOG AWARD

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon emissions by 169.8 tons/year through the use of low-bath dyeing machines.
• Reduced carbon emissions by 58.98 tons/year through improvements to dyeing machine heat exchangers and valve insulation.
• Achieved 5% waste reduction rate with a target of 30% by 2025.
• Obtained Bluesign® certification for its dyeing plant.
• GRS and OEKO-TEX® Standard 100 class 1 certifications for various products.

Social Achievements

• Launched SINGTEX® REFIT™ sustainable recycling program.
• Implemented a “zero-fee policy” for migrant workers, covering all costs associated with their employment.
• Provided employee wellbeing initiatives including annual health checkups and participation in sports activities.
• Established a staff welfare committee to provide various welfare measures.
• Donated various items to charities and participated in community engagement activities.

Governance Achievements

• Established an ESG promotion office.
• Established a remuneration committee.
• Implemented a board diversity policy with 2 female members out of 7.
• Regularly assesses the independence of the audit firm.

Climate Goals & Targets

Environmental Challenges

• Global economic downturn, weak end-product demand, brand inventory adjustments, and intensified US-China tech war.
• Supply chain disruptions due to geopolitical factors and climate change.
• Legal challenges related to environmental compliance (air pollution, waste disposal).

Mitigation Strategies

• Accelerated product production process vertical integration to reduce costs.
• Actively expanded operations by securing government procurement projects.
• Developed alternative sourcing strategies.
• Implemented environmental protection measures and paid fines for past violations.
• Established internal control systems and internal audit procedures.

Supply Chain Management

Responsible Procurement

• Supplier sustainability requirements are reflected in the supplier assessment process.

Climate-Related Risks & Opportunities

Physical Risks

• Climate change impacts on supply chain and operations.

Transition Risks

• Regulatory changes, market shifts towards sustainable products.

Opportunities

• Development of energy-efficient products and processes.

Reporting Standards

Frameworks Used: GRI

Certifications: bluesign®, GRS, OEKO-TEX® Standard 100 class 1

Sustainable Products & Innovation

• S.Café® recycled coffee fiber
• AIRMEM® bio-based waterproof breathable film
• Stormega insulation
• Stormfleece fleece fabric

Awards & Recognition

• Taiwan Excellence Award
• TOG Award
• ISPO Textrends Award
• Taiwan Circular Economy Award

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon emissions by 169.8 tons/year through the use of low bath ratio dyeing machines.
• Achieved 1% energy saving target in 2022.
• Developed S.Café® series of eco-friendly coffee yarn and fabrics, using recycled coffee grounds and PET bottles.
• Obtained OEKO-TEX®, GRS, and bluesign® certifications.

Social Achievements

• Implemented a “zero-fee policy” for migrant workers, covering all employment-related costs.
• Provided free health checkups for employees.
• Established an employee suggestion box and designated consultation channels.
• Implemented an employee anti-harassment policy.
• Donated clothing to charitable organizations and schools.

Governance Achievements

• Established an ESG promotion office.
• Established a salary and remuneration committee and an audit committee.
• Implemented a board member diversity policy.
• Conducted annual board performance evaluations.

Climate Goals & Targets

Environmental Challenges

• Decreased revenue due to inflation, high inventory levels among clients, and conservative ordering.
• Supply chain disruptions due to geopolitical conflicts, inflation, and climate change.
• Impact of the US-China tech war.

Mitigation Strategies

• Strengthened vertical integration of product production processes to reduce cost impacts.
• Collaborated with suppliers and clients to ensure supply chain stability.
• Expanded cooperation with military supply stations and took over the management of the Ministry of National Defense’s Armaments Bureau Production and Manufacturing Center No. 302 factory.
• Developed high-quality, eco-friendly functional textiles and invested in military products.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier sustainability requirements are reflected in supplier assessment and evaluation.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather, flooding

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products and processes.

Reporting Standards

Frameworks Used: GRI Standards

Certifications: OEKO-TEX®, GRS, bluesign®, ISO 14001, ISO 14064-1, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• S.Café® eco-friendly coffee yarn, STORMFLEECE® windproof fleece, SINGTEX® PROTECTOR™ PPE, AIRMEM™ bio-based film.

Awards & Recognition

• Taiwan Excellence Award, TOG Award, Taiwan Circular Economy Award

Environmental Metrics

ESG Focus Areas

• Sustainable Products
• Green Supply Chain
• Circular Economy

Environmental Achievements

• Reduced carbon emissions by 20.5% in STORMFLEECE production compared to traditional laminated knit fabrics
• STORMFLEECE achieves a lower carbon footprint of 2.39 kgCO2e/y
• S.Café® ICE-CAFÉ polyester fabric, if 100% polyester is used, can be recycled through a physical process, reducing energy consumption in recycling
• ONELASTEX reduces water and energy consumption during production

Social Achievements

• Magictex received a government procurement case and was entrusted with a 5-year operation contract for the Kaohsiung 302 Garment Factory, providing services to 14 military units.
• SINGTEX REFITTM smart garment recycling boxes introduced to Vietnam

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• STORMFLEECE
• S.Café® ICE-CAFÉ
• SINGTEX® Protector Lite
• SINGTEX® STRETCH SCK-4411
• S.Café ® REFITTM
• ONELASTEX

Awards & Recognition

• SINGTEX® Protector Lite and SINGTEX® STRETCH SCK-4411 selected as Top 10 ISPO Textrends
• S.Café ® REFITTM awarded Top 10 ISPO Textrends