Belkin International, Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- E-waste Recycling
- Sustainable Packaging
- Human Rights
- Employee Well-being
- Community Engagement
- Supply Chain Sustainability
Environmental Achievements
- Achieved 63% carbon neutrality in scope 2 emissions in 2023
- 67% GHG reduction in operations from 2009 to 2023
- 100% single-use, plastic-free packaging in new product introductions (NPIs)
- 63% reduction in overall plastic packaging since 2019
- 4.4 million PCR products sold, replacing 64 metric tons of virgin plastic
- Added 136.8 kW system solar panels to El Segundo headquarters
- LEED Silver certification for El Segundo headquarters
- Funded recycling of 27,560 metric tons of electronic waste and 763 metric tons of batteries since 2009
- Funded recycling of 10,734 metric tons of packaging since 2009
Social Achievements
- Hosted Kode with Klossy computer coding camp
- Partnership with Portal Learning (formerly Portal Schools)
- Ballona Creek Wetlands cleanup
- E-waste drive and public speaking engagements on sustainability
- Named one of five finalists in the DEI Team of the Year category by Los Angeles Business Journal
- Won the Healthiest Employer Award in Southern California
Governance Achievements
- Established a global sustainability committee in 2021
- Established regional sustainability committees
- Alignment with Foxconn Interconnect Technologies (FIT) Sustainability and Environmental Responsibility (SER) Committee
- Compliance with Hong Kong Exchange (HKEX) requirements
- Compliance with ISO 14001
- Completed Foxconn Interconnect Technology (FIT) ESG report for 2022
- Completed ISO 14064 GHG emission verification for 2022
- Completed Carbon Trust: Task Force on Climate-Related Financial Disclosures (TCFD) gap analysis report with FIT
Climate Goals & Targets
Long-term Goals:
- Work toward product circularity by incorporating more recycled content
- Achieve carbon neutrality in product level emissions (Scope 3)
Medium-term Goals:
- Develop a decarbonization strategy to address scope 3 emissions
Short-term Goals:
- 100% carbon neutral in corporate emissions by 2025 (Scope 1 & 2)
- Reduce single-use plastic packaging by 25% by 2025
Environmental Challenges
- Supply chain disruptions due to global events
- Ensuring traceability in the supply chain for conflict-free minerals
- Continuously improving waste reduction strategies
Mitigation Strategies
- Supplier engagement and audits
- Robust responsible minerals sourcing policy
- Ongoing efforts to reduce single-use plastic and incorporate recycled materials
Supply Chain Management
Supplier Audits: Regular third-party audits; all engaged factories are required to undergo current third-party audits by approved social audit schemes
Responsible Procurement
- Supplier Code of Conduct aligned with RBA standards
- Ethical sourcing practices
- Conflict Minerals Reporting Template (CMRT)
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Energy efficiency improvements
Reporting Standards
Frameworks Used: GRI, HKEX, TCFD
Certifications: ISO 14001, LEED Silver, Fitwel
UN Sustainable Development Goals
- 3
- 8
- 10
- 12
- 13
- 16
Belkin's sustainability strategy aligns with UN SDGs 3, 8, 10, 12, 13, and 16, focusing on climate action, responsible consumption and production, good health and well-being, decent work and economic growth, reduced inequalities, and peace, justice and strong institutions.
Sustainable Products & Innovation
- Products incorporating PCR materials
Awards & Recognition
- Sustainability Initiative of the Year (Business Intelligence)
- Best Environmental Programme (Mobile News Awards)
- Sustainability in Tech Award (Tom’s Guide)
- Industry Sector Award and Best Reporting Excellence Award (APCO)
- Giga Guru status (Walmart’s Project Gigaton)