Climate Change Data

RAC 華德動能科技股份有限公司

Climate Impact & Sustainability Data (2018)

Reporting Period: 2018

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Construction of Taichung Port plant, a green energy modernized building with a 936KW solar energy system on the rooftop.
  • Establishment of an advanced bus manufacturing process in Taichung Port plant, including automated robotic welding, high-precision skeleton assembly equipment, and high-cleanliness paint booths.

Social Achievements

  • Established employee welfare committee to handle employee welfare matters.
  • Provided annual health checkups for employees.

Governance Achievements

  • Established a spokesperson and deputy spokesperson system to handle shareholder suggestions and inquiries.
  • Established a salary and remuneration committee and an audit committee.
  • Implemented a system for regular assessment of the independence of the auditing firm.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Establish strategic alliances with domestic and international manufacturers.
Short-term Goals:
  • Increase order volume gradually.
  • Expand into commercial truck business.
  • Export chassis and three-electric systems to overseas markets.

Environmental Challenges

  • Suspension of electric bus subsidies in 2017, leading to delays in order intake and impacting 2018 performance.
  • Small domestic market size for electric buses.
  • Disorderly competition from Chinese manufacturers.
Mitigation Strategies
  • Expansion of production capacity with the new Taichung Port plant.
  • Strategic partnership with Sumitomo Corporation to expand global market reach.
  • Focus on improving product quality, enhancing technological capabilities, and providing additional services to increase customer loyalty.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Electric buses
  • Electric trucks (planned)
  • Energy storage systems (planned)
  • Self-driving buses and medium-sized buses (planned)
  • Driverless small and medium-sized buses (planned)

Awards & Recognition

  • 21st Taiwan Excellence Award