世德工業股份有限公司 SUMEEKO INDUSTRIES CO.,LTD
Climate Impact & Sustainability Data (2017)
Reporting Period: 2017
Environmental Metrics
Waste Generated:4.6 tons reduction in lubricating oil usage in 2017
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Installed solar panels on the factory roof, responding to government green energy policies. Improved recycling of waste materials (e.g., waste lubricating oil). Reduced lubricating oil usage by approximately 4.6 tons in 2017.
- Achieved ISO 14001 certification.
Social Achievements
- Established an employee suggestion system.
- Provided various internal and external training opportunities.
- Offered employee benefits including group insurance, health checkups, and legal consultation.
- Donated to charitable organizations.
- Collaborated with universities on academic-industry projects.
- Implemented employee stock ownership plan.
Governance Achievements
- Revised the board meeting procedures.
- Established a procedure for evaluating the independence of the auditing firm.
- Implemented a policy for handling shareholder suggestions, questions, disputes, and litigation.
- Established an investor relations hotline.
- Purchased D&O insurance for directors and supervisors.
Climate Goals & Targets
Medium-term Goals:
- Increase the company's value to customers by providing technical support in addition to competitive pricing.
- Expand workforce, expand equipment, plan new production lines, improve technology levels, and diversify products.
Short-term Goals:
- Expand into the European market and establish new European bases.
Environmental Challenges
- Intense competition from domestic and overseas companies.
- Pressure from automakers to reduce costs.
- Fluctuations in interest rates and exchange rates.
- Inflation.
Mitigation Strategies
- Developing higher value-added products to differentiate from competitors.
- Developing modular supply to automakers.
- Maintaining close relationships with banks to negotiate favorable loan terms.
- Closely monitoring exchange rate fluctuations and using this information for product pricing.
- Actively seeking alternative sources of raw materials to reduce production costs.