Climate Change Data

Topview Optronics Corp.

Climate Impact & Sustainability Data (2015-12 to 2016-12, 2023)

Reporting Period: 2015-12 to 2016-12

Environmental Metrics

Total Carbon Emissions:267.62 tCO2e/year (2016)
Scope 1 Emissions:7.02 tCO2e/year (2016)
Scope 2 Emissions:336.38 tCO2e/year (2016)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:5% (from Taiwan Electric Power Company)
Total Energy Consumption:2,260,000+ KWh/year (2016)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Protection
  • Social Responsibility
  • Corporate Governance

Environmental Achievements

  • Reduced power consumption of bullet camera by around 33%
  • Reduced overall energy consumption of IR LED board by about 10%
  • Improved chiller performance saving approximately 71,750 KWH per year
  • Upgraded office lighting to LED, saving around 2,000 KWH per year
  • Implemented various energy-saving measures resulting in a 147,627 KWH reduction in electricity consumption and a 93.7-ton CO2e reduction in GHG emissions

Social Achievements

  • Successfully listed on the Taipei emerging stock exchange in 2016
  • Promotion of environmental health day
  • Introduction of Industry 4.0
  • Improved customer satisfaction by 3% in 2016 compared to 2015
  • Provided free vegetarian lunches on monthly environmental health days to reduce carbon emissions

Governance Achievements

  • Established an Audit Committee and Remuneration Committee
  • Adherence to TWSE/GTSM-Listed Companies governance codes and ethical management best practices
  • Implementation of strict internal controls to minimize risks of corruption and information leaks
  • Implementation of a robust risk management mechanism

Climate Goals & Targets

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

Environmental Challenges

  • Decline in gross margin and profit in 2015 due to price wars from Chinese manufacturers
  • Increased employee turnover in 2015 due to relocation of the main production base and distance between workplace and residence
Mitigation Strategies
  • Adjusted internal business strategy focusing on ODM/OEM cooperation with major surveillance manufacturers
  • Expanded production lines to meet customer needs
  • Thorough review of staff talent and performance
  • Improved customer service and satisfaction

Supply Chain Management

Supplier Audits: Annual

Responsible Procurement
  • Supplier Integrity Commitment Letter
  • Declaration of Environmental Policy
  • CSR-related issues included in supplier audits since 2015

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: GRI G4, ISO 26000

Certifications: ISO 9001, ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Energy-saving cameras
  • H.265 cameras

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1454.67 tCO2e/year (Scope 1 and 2)
Scope 1 Emissions:110.23 tCO2e/year
Scope 2 Emissions:1344.44 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0%
Total Energy Consumption:10126.08 GJ/year (Taoyuan) + 731.64 GJ/year (Taichung)
Water Consumption:7.678 million liters/year
Waste Generated:48,437 kg/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Corporate Governance

Environmental Achievements

  • Reduced the processing rate of molded parts to ≤8%
  • Achieved 100% completion rate of packaging reduction to lower transportation carbon footprint
  • Reduced electricity consumption by 1% compared to 2021

Social Achievements

  • Achieved zero workplace accidents
  • Achieved 100% completion rate of integrity behavior training for all employees
  • Total employee training hours reached 2363 hours

Governance Achievements

  • Corporate governance evaluation ranked within the top 6-20% for five consecutive years
  • Zero corruption incidents
  • 100% of directors completed training

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce the processing rate of molded parts to ≤8%
  • Reduce electricity consumption by 1% compared to 2021 levels

Environmental Challenges

  • Unstable supply of key components due to US-China trade conflict, Russia-Ukraine war, and Gaza war
  • Inventory pressure created by the anticipated "de-inventory" process
  • Decrease in orders and delays in shipments from major customers due to the impact of the US National Defense Authorization Act (NDAA)
Mitigation Strategies
  • Timely adjustments to execution direction based on prudent and steady business principles
  • Communicating with customers about shipments and exploring new collaboration opportunities
  • Participating in the "Low-Carbon, Smart" guidance project to improve production efficiency and identify carbon emission hotspots

Supply Chain Management

Supplier Audits: 100%/year

Responsible Procurement
  • Environmental Substance Management Specification
  • Prohibition of hazardous substances and conflict minerals
  • Supplier sustainability requirements

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions
  • Rising average temperatures
  • Rising sea levels
Transition Risks
  • Carbon emissions disclosure requirements
  • Domestic carbon pricing
  • International carbon tariffs
Opportunities
  • Developing low-carbon products
  • Government incentives
  • Increased customer procurement rates

Reporting Standards

Frameworks Used: GRI Standards, SASB Standards, TCFD

Certifications: ISO 9001, ISO 14001, ISO 45001, IECQ QC 080000

Third-party Assurance: Not disclosed

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, waste reduction, responsible sourcing, and climate action

Sustainable Products & Innovation

  • Energy-efficient products
  • Products with recyclable packaging

Awards & Recognition

  • TCSA Sustainability Report Award - Platinum Award
  • EcoVadis Evaluation Bronze Award