Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Development
• Corporate Governance

Governance Achievements

• Amendments to “Sustainable Development Best Practice Principles” and “Corporate Governance Best Practice Principles” to align with international trends and enhance the quality of disclosed information on sustainable development.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and global economic environment uncertainties impacting business operations.

Mitigation Strategies

• Focus on product differentiation, customization, and speed; expanding new factory in Yunlin Technology-based Industrial Park to offer diverse 5G-related products; cultivating first-line customers and developing potential customers.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Occupational Safety and Health
• Corporate Governance
• Sustainable Development
• Ethical Corporate Management

Environmental Achievements

• Reduced electricity use by 1.85% in 2022.
• Obtained ISO 14001:2015 certification (valid until October 7, 2025).
• Implemented waste gas and sewage treatment, passing environmental protection certifications.

Social Achievements

• Established employee stock ownership trust in July 2021.
• Provided various employee welfare benefits (retreats, scholarships, subsidies).
• Offered group insurance, free medical checkups, and dining subsidies.
• Conducted 2,635 hours of employee training in 2022 (90 external, 2,545 internal).

Governance Achievements

• Established ESG Promotion Team in 2022.
• Revised “Procedures for the Board’s Performance Evaluation” in November 2019.
• Established Remuneration Committee in 2011 (all members are independent directors).
• Established Audit Committee in June 7, 2016.

Climate Goals & Targets

Environmental Challenges

• Decreased market demand in the second half of 2022.
• Fluctuations in international copper prices.
• Potential capacity expansion by Chinese copper foil plants.
• Elevated environmental consciousness and labor shortage.

Mitigation Strategies

• Optimized product portfolio and deepened cooperation with existing customers.
• Developed new high-frequency and high-speed products.
• Established strategic alliances with major customers.
• Strengthened recruitment and training of talents.
• Implemented cost control measures (water recycling, plating solution regeneration).

Supply Chain Management

Responsible Procurement

• Established “Procedures for Procurement Management” and “Procedures for Supplier Management”.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Arsenic-free copper foil

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Occupational Safety and Health
• Corporate Governance

Environmental Achievements

• Reduced electricity use by 1.99% in 2023
• Obtained UL2809 recycled content certification in April 2023
• Consistently seeks to enhance the utilization efficiency of various resources (e.g., reuse of envelopes and kraft paper bags)

Social Achievements

• Established “Co-Tech Development Corp. Employee Stock Ownership Trust” in July 2021
• Provided various employee welfare benefits (e.g., employee retreat, scholarship, birthday gift vouchers, wedding subsidy, child subsidy, bereavement subsidy, hospitalization consolation money, festival celebration activities, group insurance, free medical checkup, dining subsidy)
• Safety training with 668 participants and 1,149 training hours in 2023

Governance Achievements

• Established Remuneration Committee in 2011
• Established Audit Committee on June 7, 2016
• Revised “Procedures for the Board’s Performance Evaluation” on November 7, 2019

Climate Goals & Targets

Environmental Challenges

• Overcapacity of HTE copper foil and price competition
• Unstable international copper prices
• Expansion of capacity among Chinese copper foil plants
• Elevated environmental consciousness and labor shortage
• Climate change risks (extreme weather events, regulatory changes)

Mitigation Strategies

• Optimized product portfolio
• Strengthened application of products with special specifications
• Cooperated with domestic and foreign R&D institutions
• Developed new customers to diversify business volume
• Established emergency response organization
• Implemented energy conserving measures
• Developed green products
• Actively participated in domestic and foreign energy conservation and carbon reduction initiatives

Supply Chain Management

Responsible Procurement

• Established “Procedures for Procurement Management” and “Procedures for Supplier Management”

Climate-Related Risks & Opportunities

Physical Risks

• Extreme rainfall causing flooding
• Typhoon intensity

Transition Risks

• Carbon border tax
• Carbon fee collection
• Supply chain carbon reduction requirements
• EU CBAM

Opportunities

• Development of energy-efficient products
• Development of green power equipment
• Carbon credit amount

Reporting Standards

Frameworks Used: TCFD, ISO 14064-1, ISO 14001:2015, ISO 45001:2018

Certifications: ISO 14001:2015, ISO 45001:2018, UL2809

Sustainable Products & Innovation

• Arsenic-free copper foil