Climate Change Data

TSEC Solar Technology Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:43920.754 tCO2e (Hsinchu) + 15632.515 tCO2e (Pingtung) + 116.862 tCO2e (Taipei)
Renewable Energy Share:0%
Total Energy Consumption:389,972.4 GJ
Water Consumption:516,555 m³
Waste Generated:Reduced by 481.8 metric tons compared to the previous year

ESG Focus Areas

  • Corporate Governance
  • Economic Performance
  • Integrity Management
  • Risk Management
  • Supplier Management
  • Labor Human Rights
  • Green Products

Environmental Achievements

  • Maintained ISO 14001:2015 Environmental Management System.
  • Imported ISO 14064-1:2018 greenhouse gas inventory standard and passed third-party verification.
  • 100% ESG evaluation pass rate for major material suppliers (40 evaluations).

Social Achievements

  • Average employee training hours reached 232.5 hours.
  • 100% employee retention rate after childcare and resumption.
  • Zero deaths or serious occupational injuries.

Governance Achievements

  • Corporate governance evaluation in top 6%~20% of listed companies.
  • No reports of integrity breaches or violations of corporate governance laws and regulations.
  • No significant deficiencies in internal control operations.

Climate Goals & Targets

Long-term Goals:
  • Net-zero carbon emissions by 2050 (implied).
Medium-term Goals:
  • Achieve 100% completion rate of supplier evaluation.
  • 100% of new suppliers sign the Social Responsibility Commitment Statement.
  • Maintain conflict-free mineral procurement.
  • Develop TOPCon product technology and introduce it into mass production.
Short-term Goals:
  • Improve corporate governance evaluation results to top 20% of listed companies.
  • Reduce water consumption.
  • Reduce carbon emissions by more than 1% annually.
  • Achieve average annual power saving rate of more than 1%.

Environmental Challenges

  • Global solar photovoltaic market instability and unbalanced supply and demand.
  • Low-price competition from mainland factories hindering international market expansion.
  • Climate change risks (policy and regulatory changes, technology shifts, market shifts, reputational risks, physical risks).
Mitigation Strategies
  • Correct market judgment and cooperation with government's "Green Energy Technology Industry Innovation Promotion Plan 2.0".
  • Deployment of large-size module production lines to create differentiated products and reduce production costs.
  • Decentralizing the supply chain and actively negotiating prices.
  • Reasonable inventory management.
  • Active overseas marketing layout.
  • Development of solar cells with N-Type semiconductor chips (8% power generation efficiency increase).
  • Establishment of a risk management mechanism.
  • Implementation of supplier audits and ESG evaluations.

Supply Chain Management

Supplier Audits: 48 suppliers audited in 2023

Responsible Procurement
  • RBA Code of Conduct
  • Supplier Social Responsibility Commitment Statement
  • Commitment to Non-Use of Conflict Minerals
  • Declaration of Non-Use of Hazardous Substances

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (typhoons, floods)
  • Changes in rainfall patterns
  • Rising average temperatures
  • Sea level rise
Transition Risks
  • Increased pricing of greenhouse gas emissions
  • Strengthened emissions reporting obligations
  • Requirements and regulations of existing products and services
  • Risk of litigation
  • Replacement of existing products with low-carbon goods
  • Investment in new technology failure
  • Cost of low-carbon technology transition
  • Changes in customer behavior
  • Market risk (competitor actions)
  • Rising cost of raw materials
  • Shift in consumer preferences
  • Increased stakeholder concerns
Opportunities
  • Resource efficiency improvements
  • Development of energy-efficient products
  • New markets for sustainable products

Reporting Standards

Frameworks Used: GRI Standards 2021

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 14064-1:2018

Third-party Assurance: GREAT Certification (Type 1 medium assurance level)

UN Sustainable Development Goals

  • Goal 1: No Poverty
  • Goal 4: Quality Education
  • Goal 5: Gender Equality
  • Goal 6: Clean Water and Sanitation
  • Goal 8: Decent Work and Economic Growth
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 10: Reduced Inequalities
  • Goal 12: Responsible Consumption and Production
  • Goal 16: Peace, Justice and Strong Institutions

Initiatives contributing to these goals are described in the report.

Sustainable Products & Innovation

  • Large-size module production lines
  • N-Type semiconductor solar cells
  • TOPCon technology
  • Solar cells for space use
  • Energy storage solutions

Awards & Recognition

  • Golden Energy Award (nine consecutive years)
  • Taiwan high-performance solar photovoltaic module certificate