YC INOX Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:27,767.26 tCO2e/year

Scope 1 Emissions:1,885.42 tCO2e/year

Scope 2 Emissions:17,355.54 tCO2e/year

Scope 3 Emissions:8,526.3 tCO2e/year

Renewable Energy Share:0%

Total Energy Consumption:153,786.55 GJ/year

Water Consumption:125.09 thousand m3/year

Waste Generated:1,090.44 tons/year

Carbon Intensity:0.15 tCO2e/metric ton of production (2023)

ESG Focus Areas

Corporate Governance
Ethical Management
Risk Management
Information Security
Business Performance
Product Quality
Supply Chain Management
Customer Relationship Management
Climate Change Management
Energy Management
Occupational Safety and Health
Human Rights Protection
Social Co-Prosperity

Environmental Achievements

Introduction of Moving Bed Biofilm Reactor (MBBR) wastewater treatment technology at Douliou Mill I, meeting ammonia nitrogen discharge standards ahead of schedule.
Implementation of waste resource utilization projects, converting 75.75% of residual plastic compounds into recyclable plastic (50.97 metric tons).
Development and installation of new solar power sources (second phase of 6,000 kWp, generating 7,255 thousand kWh, reducing approximately 3,591 metric tons of CO2 emissions).
Total energy intensity decreased by 3.25% compared to 2022.
Optimization of wet scrubber treatment equipment and treatment process at Puoshing Mill and Douliou Mill II, conforming to air pollutant emission standards.

Social Achievements

100% completion rate of human rights awareness training for new employees.
No reports or complaints related to human rights issues.
2,685 employee training attendances totaling 10,800 hours and 313 contractor training attendances totaling 475 hours.
Douliou Mill I awarded Occupational Safety and Health Excellence Award and Safety and Health Performance Improvement Award.
Shijou Mill and Puoshing Mill awarded Friendly Breastfeeding Room Certification.
22,618 total training hours (average 28.78 hours per employee).
560 newly received or renewed job-related professional certifications.
NT$2.74 million contributed to charitable activities (18% increase compared to the previous year).

Governance Achievements

100% attendance rate for Board of Directors and functional committee members.
44% of Board of Directors are independent directors.
No significant regulatory non-compliance.
100% of new employees completed ethical management training.
85.98 score in 2023 corporate governance evaluation (ranking between 21% and 35%).
Obtained ISO/IEC 27001:2013 Information Security Management System Certification.

Climate Goals & Targets

Long-term Goals:

Achieve net-zero emissions by 2050 (aligned with Taiwan's policy).

Medium-term Goals:

Electricity usage savings by >1% annually.
Green energy installation capacity equivalent to 75% of total contracted capacity.
Intelligent monitoring system capturing 90% of electricity consumption information.
Regularly identifying climate risks and opportunities and developing corresponding strategies and action plans.

Short-term Goals:

Electricity usage savings by >1% annually.
Green energy installation capacity equivalent to 37.5% of total contracted capacity.
Obtain ISO 14067 Carbon Footprint of Products Certification for type 1 products.
Intelligent monitoring system capturing 75% of electricity consumption information.
Compliance with climate action and GHG emissions disclosure regulations.

Environmental Challenges

Escalation of trade wars, resurgence of international conflicts, and geopolitical instability.
Climate change risks (extreme weather, carbon pricing, regulations, transition costs, stakeholder concerns).
Market competition.
Concentrated sourcing of raw materials.
Human resource challenges (talent loss).
Information security risks.

Mitigation Strategies

Specific sustainability strategies and action plans for nine material topics.
Process optimization and equipment upgrades to reduce energy consumption.
Expansion of solar power facilities.
Comprehensive employee training and safety measures.
Enhanced information disclosure and transparency.
Risk management policies and procedures.
Diversification of raw material sources.
Implementation of ISO 14064-1 and ISO 50001.
Development of low-carbon products and processes.
Adoption of more efficient production and distribution processes.

Supply Chain Management

Supplier Audits: 100% qualification rate/year

Responsible Procurement

Supplier evaluations (quality, delivery, service, labor safety, environmental protection).
Integrity and anti-corruption commitment letters.

Climate-Related Risks & Opportunities

Physical Risks

Increased severity of extreme weather events.

Transition Risks

Increased carbon pricing.
Regulatory requirements.
Transition costs.

Opportunities

Utilize low-carbon energy sources.
Develop low-carbon products and services.
Adopt more efficient production and distribution processes.

Reporting Standards

Frameworks Used: GRI Standards (2021), SASB Standards, TCFD

Certifications: ISO 14001, ISO 14064-1, ISO 14067, ISO 50001, ISO 45001, ISO/IEC 27001:2013

Third-party Assurance: Crowe (TW) CPAs; TÜV Rheinland Taiwan Ltd.

UN Sustainable Development Goals

SDG 7 (Affordable and Clean Energy)
SDG 8 (Decent Work and Economic Growth)
SDG 9 (Industry, Innovation and Infrastructure)
SDG 12 (Responsible Consumption and Production)
SDG 13 (Climate Action)
SDG 16 (Peace, Justice and Strong Institutions)
SDG 17 (Partnerships for the Goals)

Alignment with SDGs detailed in Sustainable Visions and Goals section.

Sustainable Products & Innovation

Stainless steel products (recyclable).

Awards & Recognition

Occupational Safety and Health Excellence Award
Safety and Health Performance Improvement Award
Friendly Breastfeeding Room Certification
Certificate of appreciation for demand response load management