立弘生化科技股份有限公司
Climate Impact & Sustainability Data (2019, 2023)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:5815.87 tCO2e/year (2019)
Renewable Energy Share:28.48% (2019)
Total Energy Consumption:9548.8 MWh/year (2019)
Water Consumption:80292 m3/year (2019)
Waste Generated:957.46 tons/year (2019)
Carbon Intensity:4.02 tonCO2e/ton (2019)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced wastewater discharge by 10.4% compared to 2018
- Increased water savings by 2,549 metric tons and a 4.3% water-saving ratio compared to 2018
- Increased usage of recycled solvents by 4.5% compared to 2017
- Achieved a 98.3% reduction rate of VOCs (exceeding the regulated standard of 95%)
- Reduced greenhouse gas emissions by 163,953 kg/year through RTO waste heat recovery
- Launched 8 new Palm Free products
Social Achievements
- All employee salaries are at least 1.13 times higher than regulated standards
- Average salary increases of 2-3% over the past three years
- Achieved 1,618,225 injury-free working hours at the Taoyuan factory from July 1, 2011, to December 31, 2019
- Significant increase in training hours for both female (94.6%) and male (39.5%) employees compared to 2018
- Occupational health and safety personnel received an outstanding personnel award
Governance Achievements
- Achieved NT$106.9 million net profit after tax for the fourth consecutive year
- Invested nearly NT$25 million (around 3-4% of total revenues) in research and development
- All suppliers are well-qualified in on-time delivery and material quality
- Completed 30 internal audit reports with no major abnormalities found
- Maintained on-time delivery rates of raw materials at over 90% since 2015
Climate Goals & Targets
Long-term Goals:
- Become a leading manufacturer in the food additives and nutraceuticals industry
Medium-term Goals:
- Promote Palm Free formulas
- Develop Sugar Free formulas
Short-term Goals:
- Optimize existing production technologies while reducing costs
- Promote substitution of uncertified materials with RSPO certified materials
- Develop new products and technologies and obtain patents
Environmental Challenges
- Entry of new competitors in the carotenoid market
- Fluctuations in currency exchange rates impacting profitability
- Water supply impacting factory operations
- Revisions in environmental laws increasing operational costs
- Increases in energy prices
- Potential for chemical leaks and environmental impacts
- Risk of fires or explosions due to flammable chemicals
Mitigation Strategies
- Accelerated technical R&D and developed innovative products to enhance market competitiveness
- Enhanced product technology platform and strengthened brand marketing
- Combined external resources and sought strategic partners
- Adopted hedging strategies to manage currency risks
- Implemented water-saving measures and developed response measures for water shortages
- Formulated strategies and response measures to address changes in environmental laws
- Installed Regenerative Thermal Oxidizers (RTOs) for VOC emission treatment and waste heat recovery
- Implemented well-designed operating procedures and training
- Installed detection and alarm systems for chemical storage and production areas
- Implemented fire controls and provided emergency response equipment
Supply Chain Management
Supplier Audits: Regular annual audit assessments
Responsible Procurement
- Rigorous supplier reviews and follow-up audits
- Sample tests, documentation evaluations, and site evaluations for new suppliers
- Requirement for suppliers to provide certifications (Kosher, Halal, ISO), test reports, and import permits
Climate-Related Risks & Opportunities
Transition Risks
- Revisions in environmental laws and policies
- Increases in energy prices
UN Sustainable Development Goals
- Good Health and Well-being
- Decent Work and Economic Growth
- Life on Land
Developing safe food additives, creating local employment opportunities, reducing palm oil usage
Sustainable Products & Innovation
- Palm Free products
Awards & Recognition
- Market Penetration Award (2003)
- Product Line Strategy Award (2005)
- Silver Medal Award of Technology Commercialization (2013)
- Benchmark Bio-Agriculture company (2017)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:5546 tCO2e/year (2023)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:9181800 MWh/year (2023)
Water Consumption:55812 m3/year (2023)
Waste Generated:788.01 tons/year (2023)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced carbon emissions by 3.5% (though intensity increased by 8.3%)
- Solvent recovery with 80.1% carbon reduction efficiency
- VOCs reduction rate reached 98.32%, exceeding the regulatory standard of 95%
- Air pollution reporting fees significantly decreased from NT$57,075 in 2021 to NT$5,211 in 2023
Social Achievements
- Increased employee benefits with a new NT$2,000 monthly housing allowance
- All employee salaries are 1.09 times higher than the legal minimum
- 52 instances of employee health services provided by contracted occupational physicians and nurses
- 2,568,426 hours of no-accident work time at the Guan Yin plant
- Donation of 560 liters of alcohol for epidemic prevention
Governance Achievements
- Consistently profitable for eight consecutive years
- No illegal penalties related to product or service health and safety or product labeling
- Completed 30 internal audit reports without finding any major abnormalities
- Established a robust risk management system
Climate Goals & Targets
Long-term Goals:
- Become a leading supplier in the food additive and preventive medicine industry, leading domestic manufacturers to establish a food safety and medical healthcare product system that meets international standards, enhancing the bio-technology of domestic manufacturers, strengthening international competitiveness, and creating social welfare
Medium-term Goals:
- Become a leading international supplier of carotenoids and contribute to the field of carotenoids beneficial to human health
- Develop product categories other than synthetic carotenoids to expand the industry portfolio
Short-term Goals:
- Continue optimizing existing product production technology and reducing costs
- Promote the use of RSPO-certified raw materials to protect tropical rainforests
- Develop new products and technologies and protect R&D results with patents
Environmental Challenges
- Fluctuations in exchange rates due to international business
- Potential risks related to product quality and safety
- Climate change impacts on operations (extreme weather, regulatory changes, energy price increases)
- Supply chain disruptions due to climate events
- Potential for air and water pollution incidents
- Unforeseen power outages and cyberattacks
Mitigation Strategies
- Exchange rate hedging strategies
- Robust quality management systems (ISO 9001, ISO 22000, HACCP, FSSC 22000, TFDA)
- Waste reduction and solvent recycling initiatives
- Investment in RTO (Regenerative Thermal Oxidizer) for VOCs treatment and waste heat recovery
- Water conservation measures
- Emergency response plans and regular drills
- System upgrades and enhanced cybersecurity measures
- Diversified raw material sourcing strategies
Supply Chain Management
Supplier Audits: Annual supplier assessments and audits (100% compliance in 2023)
Responsible Procurement
- Strict supplier selection criteria, including quality, delivery capability, service, and documentation
- CSR questionnaires to assess social and environmental impacts
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (flooding, typhoons)
- Disruptions to raw material supply chains
Transition Risks
- Changes in environmental regulations and policies
- Increased energy prices
Opportunities
- Development of energy-efficient products and processes
- Reduced carbon footprint through waste reduction and solvent recycling
Reporting Standards
Frameworks Used: GRI Standards 2021
Certifications: ISO 9001, ISO 22000, HACCP, FSSC 22000, TFDA, Kosher, Halal
Third-party Assurance: Ernst & Young
UN Sustainable Development Goals
- Goal 3: Good Health and Well-being
- Goal 8: Decent Work and Economic Growth
- Goal 13: Climate Action
- Goal 15: Life on Land
Initiatives related to product safety, employee well-being, climate action, and rainforest protection.
Sustainable Products & Innovation
- Palm Free and RSPO certified products
- Animal-free products
Awards & Recognition
- 2017 BioTaiwan Highlights Award