Silergy Corp. Ltd.
Climate Impact & Sustainability Data (2019, 2021, 2022, 2023)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Environmental protection
- Social contributions
- Social services
- Social charity
- Consumer protection
- Human rights
- Safety and health
Social Achievements
- Provides social insurance according to relevant laws of the local government to safeguard employees’ interests.
- Holds meal gatherings, tours, and other activities every now and then to improve employees’ physical and mental well-being.
Governance Achievements
- Established an Audit Committee and a Salary and Remuneration Committee.
- Introduced independent directors to safeguard the rights and interests of its shareholders.
Climate Goals & Targets
Environmental Challenges
- Lack of professionals in analog IC design and sensitivity to HR changes
- Over-reliance on wafer fabs and exclusion effects
- Infringement of intellectual property and potential legal litigations or indemnity risks
Mitigation Strategies
- Provides comprehensive training for a diverse selection of R&D professionals. Continued to provide for employee welfare, share profits, and stock subscription schemes to attract first-rate designers.
- Established a close relationship with downstream subcontractors to secure production capacities and product delivery. Maintains constant and close monitoring of product fabrication and manufacturing status.
- Continues to invest substantial resources in product R&D and brand positioning and construct a comprehensive IP protection network system.
Supply Chain Management
Responsible Procurement
- requests suppliers to comply with laws and regulations related to environmental protection, occupational safety and health, or labor rights
Climate-Related Risks & Opportunities
Awards & Recognition
- 2019 China National Intellectual Property Demonstration Enterprise
- 21st National Outstanding Innovation Award
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:4,849 tCO2e/year (Hangzhou headquarters)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:12,879 m3/year (Hangzhou headquarters)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced water consumption by 34% compared to original design amount in Hangzhou headquarters in 2020.
- Achieved 100% solid waste recycling rate in Hangzhou headquarters in 2020.
Social Achievements
- Employee satisfaction survey reached 90%.
- R&D employee turnover rate dropped to 5.8%.
Governance Achievements
- Established "Procedures for Ethical Management and Guidelines for Conduct" and the "Code of Ethical Conduct".
- No incident related to the breach of integrity and ethical management in 2021.
- Implemented an anti-retaliation mechanism to protect whistleblowers.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: 100% due diligence on suppliers
Responsible Procurement
- Requires suppliers to follow regulations on environmental protection, occupational safety and health, and labor rights.
- Ensures suppliers use no conflict minerals.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ISO 14001
Certifications: ISO 14001 (Hangzhou headquarters)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Ultra-low static power consumption chips for the wearable market.
Awards & Recognition
- 2021 The 16th "China Chip" - Excellent Technology Innovation Products
- 2021 Top 100 Patent Creation Enterprises in Zhejiang Province - 14th place
- 2020 The 15th "China Chip" - Excellent Technology Innovation Products
- 2020 Leading Industrial Enterprise
- 2020 (the 20th) Zhejiang Province 50 Electronic Information Enterprises with Growth Characteristics
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:6,140.8313 tCO2e/year
Scope 1 Emissions:84.7106 tCO2e/year
Scope 2 Emissions:6,056.1207 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:10,707,021.90 kWh/year
Water Consumption:31,375.70 thousand cubic meters/year
Waste Generated:987.81 metric tons/year
Carbon Intensity:4.1121 tCO2e/employee
ESG Focus Areas
- Corporate Governance
- Employee Growth
- Environmental Sustainability
- Social Welfare
- Supply Chain Management
- Climate Change
- Clean Technology
Environmental Achievements
- SY838X series products reduced carbon emissions by approximately 86,625 metric tons
- SY591XX series products reduced carbon emissions by approximately 345,659,155 metric tons
- 100% of hazardous waste was recycled
- RoHS and SVHC certifications obtained
- No gasoline or diesel consumption
Social Achievements
- Recruited 160 outstanding graduates and 184 experienced professionals
- 100% annual health examination coverage for employees
- 0% occupational accident ratio
- Employee satisfaction score of 4.3 out of 5
- NT$7,416,194 in charitable donations
Governance Achievements
- Added a female director to the board, strengthening diversity
- Conducted 12 legal compliance training sessions
- 100% training rate for technological innovation activity staff
- Received a “BB” rating from MSCI ESG Rating
- Received a “Medium Risk (20.2)” rating from Sustainalytics
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2040
Short-term Goals:
- Achieve carbon peak by 2028
Environmental Challenges
- Global economic impacts from natural disasters, geopolitical changes, supply shortages, and industrial fluctuations
Mitigation Strategies
- Continuous investment in R&D
- Proactive ESG actions in operations and industry chain
- Full Supply Chain Continuity Management System
- Global and diversified supply strategy
Supply Chain Management
Supplier Audits: 55/year
Responsible Procurement
- Code of Conduct
- Supplier sustainability requirements
- Conflict Minerals Reporting Template
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards 2021, SASB Standards
Certifications: ISO 9001:2015, ISO 14001:2015, RoHS, SVHC
Sustainable Products & Innovation
- SY838X and SY591XX series power management solutions
Awards & Recognition
- Annual Best Semiconductor Supplier (Visteon)
- Annual Quality Competition Champion (Solid State Storage Technology Corporation)
- Friend of Quanta (Quanta Computer Inc.)
- 5th “IC Innovation Awards” Technology Innovation Award (China Integrated Circuit Innovation Alliance)
- Zhejiang Provincial Leading Enterprise in Science and Technology (Zhejiang Provincial Department of Science and Technology)
- National Intellectual Property Demonstration Enterprise (State Intellectual Property Office of the People’s Republic of China)
- High-Tech Enterprise (Zhejiang Provincial Department of Science and Technology, Zhejiang Provincial Department of Finance, Zhejiang Provincial Tax Service, State Taxation Administration)
- The Fourth Batch of “Specialised, High-End and Innovation-Driven” (SMEs) Little Giant Enterprises (Zhejiang Provincial Department of Industry and Information Technology)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:5981.67 tCO2e/year
Scope 1 Emissions:220.71 tCO2e/year
Scope 2 Emissions:5760.97 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:10,313,062.38 kWh/year
Water Consumption:36.10 thousand cubic meters/year
Waste Generated:1136.71 tons/year
Carbon Intensity:3.4777 metric tons of carbon dioxide equivalent per person
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Achieved 100% recycling of hazardous waste
- Obtained RoHS and SVHC certifications
- Zero gasoline or diesel consumption throughout the year
- Total greenhouse gas emissions were 5,981.67 metric tons of carbon dioxide equivalent
Social Achievements
- Total revenue of NT$15,427,335 thousand
- 12 legal compliance training sessions conducted
- 100% training rate of technological innovation activity staff
- Customer complaint resolution rate was 98.99%
- Received an “BB” rating from MSCI ESG Rating
- Received a “Low Risk (19.6)” rating from Sustainalytics
Governance Achievements
- Re-elected Board of Directors, strengthening its diversity
- Convened five board meetings throughout the year
- Audit Committee held 5 meetings with 100% attendance rate of independent directors
- Remuneration Committee held 2 meetings with 100% attendance rate of independent directors
Climate Goals & Targets
Medium-term Goals:
- Carbon neutrality for Scope 1 and 2 emissions by 2040
Short-term Goals:
- Carbon peak for Scope 1 and 2 emissions by 2028
Environmental Challenges
- Rising raw material prices
- Inflation
- Fluctuations in the international currency market
- Uncertain end-demand and widespread inventory adjustments in the supply chain
- Climate change risks (flooding, typhoons, temperature rise, sea level rise)
- Transition risks (policy and legal risks, market risks, technological innovation risks)
- Supplier risks (rising material costs, inability to meet production requirements, natural disasters)
Mitigation Strategies
- Rigorous plans and adjustments in research and development, business, and internal operations
- Comprehensive extreme weather risk response mechanisms and emergency plans
- Regular natural disaster response drills and training
- Integration of climate change adaptation into functional departments
- Monitoring carbon emission policies and regulatory developments
- Enhanced carbon accounting and carbon footprint management
- Development of energy-efficient products
- Market assessment of material prices and stocking up ahead of time
- Development of alternative sourcing strategies
- Strict cost controls and development of new processes to save money
- Increased R&D investment in automotive electronics and product optimization
- Establishment of automotive electronics IATF16949 system structure and ISO26262 system and product certification
Supply Chain Management
Supplier Audits: 55/year
Responsible Procurement
- Supplier Social Responsibility Commitment Letter
- Conflict-Free Minerals Commitment
Climate-Related Risks & Opportunities
Physical Risks
- Flood
- Typhoon
- Temperature Rise
- Sea Level Rise
Transition Risks
- Policy and Legal Risk
- Market Risk
- Technological Innovation Risk
Opportunities
- Energy Sources
- Products and Services
Reporting Standards
Frameworks Used: GRI Standards 2021, Sustainable Development Goals (SDGs), European Sustainability Reporting Standards (ESRS), Task Force on Climate-related Financial Disclosures (TCFD), SASB Standards
Certifications: ISO 9001:2015, RoHS, SVHC, ASIL D (ISO 26262), ISO/IEC 17025:2017
Third-party Assurance: CTI Certification Co., Ltd.
Sustainable Products & Innovation
- Energy-efficient analog chips
Awards & Recognition
- The 18th "China Chip" Excellent Technological Innovation Products Technology Information Award
- Best Partner 2023
- Best Supplier
- Chinese Red Cross dedication Medal
- Off-campus practice education base
- Little giants
- Technology Information Award
- Core Partner of the year
- Outstanding Partner Award
- Best Delivery Award
- National Intellectual Property Demonstration Enterprise
- Business Support Award