Shuang-Bang Industrial Corp.
Climate Impact & Sustainability Data (2015, 2016, 2022, 2023)
Reporting Period: 2015
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Environmental Protection
- Employee Care
- Social Contribution
- Supply Chain Management
Environmental Achievements
- Implemented ISO 14001 environmental management system.
- Installed solvent recovery system, reducing solvent purchases and air emissions.
- Increased the proportion of recycled solvent used in PU resin production.
- Reduced air pollutant emissions (VOCs, SOx, NOx).
- Implemented energy saving projects, reducing energy consumption and carbon emissions.
Social Achievements
- Held employee activities and a year-end party.
- Organized a blood donation event.
- Provided employee benefits including health checkups, housing, and various subsidies.
- Maintained a low employee turnover rate.
- Employed three disabled employees, exceeding government regulations.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Fluctuations in international crude oil prices affecting fuel oil and organic solvent prices.
- Decreasing birth rate and aging population impacting workforce recruitment.
- Potential for supply chain disruptions due to natural disasters.
- Maintaining compliance with environmental regulations.
Mitigation Strategies
- Implemented a solvent recovery system.
- Actively recruiting personnel and regularly surveying market demand and salary conditions.
- Diversifying suppliers to mitigate risks.
- Regularly conducting environmental impact assessments and implementing corrective actions.
Supply Chain Management
Supplier Audits: Annual supplier assessments
Responsible Procurement
- Prioritizing suppliers with ISO 9001 certification or other relevant product certifications.
- Requiring suppliers to comply with environmental and safety regulations.
- Implementing a supplier evaluation system.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI G4 Core
Certifications: ISO 9001, ISO 14001, bluesign®
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Water-based resin
- Thermoplastic polyurethane resin
- Bio-based materials
- Fluorine-free water-repellent processing technology
Awards & Recognition
- Not disclosed
Reporting Period: 2016
Environmental Metrics
ESG Focus Areas
- Company Governance
- Environmental Protection
- Employee Care
- Social Contribution
- Supply Chain Management
Environmental Achievements
- Implemented ISO 14001 environmental management system.
- Installed solvent recovery system to reduce solvent purchases and air emissions.
- Reduced SOx emissions by using higher-quality coal.
Social Achievements
- Organized blood donation activities.
- Donated to charitable organizations.
- Held employee recreational activities (e.g., company trip).
Governance Achievements
- Ranked in the top 20% of listed companies in the 3rd Corporate Governance Evaluation.
- Established ethical conduct guidelines and grievance mechanisms.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Increased wastewater volume due to process changes to meet customer demands.
- Decreased use of recycled solvents due to product mix and cost considerations.
- Fine for non-compliance with regular testing of dimethylformamide concentration and emissions.
Mitigation Strategies
- Continuous efforts to improve processes to reduce wastewater discharge.
- Continued efforts to increase the use of recycled solvents.
- Strengthening personnel training to prevent similar incidents.
Supply Chain Management
Supplier Audits: 25 single suppliers and 10 top trading partners audited.
Responsible Procurement
- Preference for ISO 9001 certified suppliers, sample testing of raw materials, confidentiality agreements for special materials.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI G4 Core
Certifications: ISO 9001, ISO 14001, bluesign®, OHSAS 18001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Water-based resins, thermoplastic polyurethane resins, bio-based materials, fluorine-free water-repellent processing technology.
Awards & Recognition
- Not disclosed
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Governance
- Environmental
- Social
Environmental Achievements
- Reduced carbon emissions by 75,992 tCO2e
- Achieved 109% of water reduction target (1%)
- Reduced waste resin by 23.48% (63.72 tons)
Social Achievements
- Zero human rights complaints
- 100% of social welfare donations
- Zero major occupational safety incidents
Governance Achievements
- Established an independent whistleblowing system
- Held 7 board meetings with 94% average attendance
- No violations of laws or regulations
Climate Goals & Targets
- Reduce chemical fuel carbon emissions by 30% within five years (2026)
Environmental Challenges
- Supply chain disruptions due to climate events
- Decreased workforce due to low birth rate
- Climate change risks (physical and transition)
Mitigation Strategies
- Developed alternative sourcing strategies
- Active recruitment and training of employees
- Implemented climate risk management strategies (TCFD aligned)
Supply Chain Management
Supplier Audits: Annual assessments of top 10 suppliers and key raw material suppliers
Responsible Procurement
- Compliance with RoHS®, REACH, bluesign®, ISO 9001, ISO 14001, and other environmental regulations
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons
- Flooding
- Rising average temperatures
Transition Risks
- Energy and greenhouse gas regulations
- Increased costs of greenhouse gas emissions
- Demand for low-carbon products and services
Opportunities
- New business opportunities
- Improved production processes
- Increased energy efficiency
- Enhanced corporate image
Reporting Standards
Frameworks Used: GRI Standards (2021)
Certifications: ISO 9001, ISO 14001:2015, OEKO-TEX®, bluesign®, GRS 4.0
UN Sustainable Development Goals
- Goal 3: Good Health and Well-being
- Goal 6: Clean Water and Sanitation
- Goal 7: Affordable and Clean Energy
- Goal 8: Decent Work and Economic Growth
- Goal 9: Industry, Innovation and Infrastructure
- Goal 12: Responsible Consumption and Production
- Goal 13: Climate Action
The report highlights how various initiatives contribute to these SDGs.
Sustainable Products & Innovation
- Waterborne PU resin
- Thermoplastic PU resin
- Bio-based materials
- Products using GRS-certified recycled materials
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental protection
- Employee safety and health
- Sustainable development
- Business integrity
- Climate-related risks and opportunities
Environmental Achievements
- Obtained GRS (Global Recycled Standard) certification in March 2022.
- Actively develops new water-based eco-friendly products to replace existing products and reduce the impact of products on the environment.
- Passed ISO 14001 environmental management system certification in 2015 and obtains certification on a regular basis (currently, the certification validity period is 2022/01 - 2025/01).
- Obtained certification of various environmental protection standards such as REACH, RoHS®, OEKO-TEX®, bluesign®, GRS standards, etc.
Social Achievements
- Awarded with Silver Medal by Workforce Development Agency, Ministry of Labor for TTQS (TalenT Quality Management System) in November 2021.
- Established a safety and health unit responsible for identifying, assessing, and controlling the work environment and occupational hazards.
- Runs regular fire drills and industrial safety education and training sessions every year.
- Provides employees with comprehensive benefits and training (such as group trips and health checkups).
Governance Achievements
- Established Audit Committee in 2021, Nomination Committee and Risk Management Committee in 2023.
- Implemented a spokesperson and acting spokesperson system.
- Engaged a stock transfer agent "Capital Securities Corp." to handle shareholders' suggestions and disputes.
- Implemented "Material Insider Information Handling Procedures" to prohibit insiders from trading securities against non-public information.
Climate Goals & Targets
- Reduce carbon emissions by 30% within five years.
- Reduce carbon emissions by 30% in 2025 from 2021 baseline.
Environmental Challenges
- Global economic downturn.
- Challenged sea freight with Europe and the United States in 2022.
- Increased volatility in the price of raw materials.
- Intensifying competition in the external environment.
Mitigation Strategies
- Enhance group-wide resource integration and improve operating performance.
- Strengthen customer relations for increased collaborative benefits.
- Promote environment-friendly products and rally consumers toward social responsibilities.
- Improve quality management practices to ensure the stability of product quality for better customer satisfaction.
- Invest into the improvement of production procedures for reduced production cost and enhanced competitiveness.
- Enhance industrial safety and health training, and improve work environment for all employees.
- Pro-active inventory controls, product portfolio adjustments, and continued new product developments.
Supply Chain Management
Supplier Audits: Regular supplier evaluations
Responsible Procurement
- Suppliers are required to sign a letter of commitment to integrity.
Climate-Related Risks & Opportunities
Physical Risks
- Typhoon
- Flood
Transition Risks
- Energy and Greenhouse Gas Laws and Regulations
- Increase in greenhouse gas emission costs
- Impact on corporate image
Opportunities
- Development of energy-efficient products
- Low-carbon energy
- Expand revenue from energy-saving products
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, REACH, RoHS®, OEKO-TEX®, bluesign®, GRS
Sustainable Products & Innovation
- Water-based weatherproof color sheet/film
- Water-based hot-melt adhesive film
- Water-based hot-melt adhesive
- High-resilience fill material
- Shock-absorbing fill material
- Water-based transfer PU resin
- Water-based moisture-permeable resin membrane
- Biomass polyurethane reactive adhesives
- High moisture-permeable moisture curable adhesive
- R-PET hot-melt adhesive
- bluesign® certified moisture permeable film
- Mass production technology for industrial low-permeability membrane
Awards & Recognition
- Silver Medal by Workforce Development Agency, Ministry of Labor for TTQS