亞崴機電股份有限公司

Climate Impact & Sustainability Data (2019, 2020, 2021, 2023)

Reporting Period: 2019

Environmental Metrics

ESG Focus Areas

Environmental
Social
Governance

Environmental Achievements

Reduced air pollution by maintaining a clean production environment and utilizing waste recycling.
Recycled cutting oil from machine testing.

Social Achievements

Maintained harmonious labor-management relations.
Provided employee benefits including health insurance, retirement funds, bonuses, profit sharing, and various welfare activities.
Offered employee training and development programs.
Employed people with disabilities.

Governance Achievements

Established a corporate governance system.
Implemented internal control systems.
Held regular labor-management meetings.
Established a whistleblower system.

Climate Goals & Targets

Long-term Goals:

Sustainable business development.

Medium-term Goals:

Expand overseas markets and enhance international brand recognition.
Enhance production efficiency and product quality.
Increase the self-manufacturing rate of key components.
Expand operational scale and business items.

Short-term Goals:

Improve customer service quality.
Increase high value-added product orders.
Diversify customer base and sales channels.
Increase the assembly level of the mainland factory.

Environmental Challenges

Decreased revenue and profit due to the US-China trade war and reduced capital expenditure in various industries.
Rising labor costs in Taiwan.
Dependence on foreign suppliers for key components.
Intense competition in the domestic market.
Fluctuations in exchange rates.
COVID-19 pandemic impact on global operations.

Mitigation Strategies

Implemented cost reduction measures and improved production efficiency.
Developed alternative sourcing strategies.
Focused on high value-added products and market diversification.
Expanded international markets and established sales and service networks.
Strengthened employee training and automation to reduce labor dependence.
Adjusted sales strategies to adapt to the US-China trade war and Brexit.
Developed new products for aerospace and green energy industries.
Implemented a hedging mechanism for exchange rate risks.

Supply Chain Management

Responsible Procurement

Long-term cooperation with suppliers
Diversified sourcing to mitigate risks

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 9001, ISO 14001

Awards & Recognition

Excellent Self-Created Brand Award
Excellent Product Design Award
SME Innovation Research Award
Taiwan Excellence Award
National Product Image Award
National Milestone Award
Industry Technology Development Award

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

Environmental
Social
Governance

Environmental Achievements

Reduced air pollution by maintaining a clean production environment and utilizing waste recycling and disposal methods.
Implemented energy-saving and carbon reduction measures.

Social Achievements

Maintained harmonious labor-management relations.
Provided various employee welfare measures, including health insurance, retirement funds, and regular health checkups.
Implemented employee training and development programs.
Employed people with disabilities.

Governance Achievements

Established a corporate governance system and followed the Taiwan Stock Exchange's corporate governance guidelines.
Established an audit committee.
Established a remuneration committee.

Climate Goals & Targets

Long-term Goals:

Adhere to the concept of sustainable operation and expand the scale of operation.
Cultivate R&D talents and establish a long-term talent pool for the company's development.

Medium-term Goals:

Expand overseas markets and enhance international reputation.
Integrate cross-departmental resources to ensure competitive advantage.
Enhance production efficiency and product quality.
Adjust production structure in response to market supply and demand.
Increase the self-manufacturing rate of key components.

Short-term Goals:

Improve customer service quality system.
Secure high value-added product orders.
Diversify customer base, adjust product structure and channels.
Increase the assembly level of the mainland factory.

Environmental Challenges

The impact of the COVID-19 pandemic on global capital expenditure and demand.
Intense competition among industry peers leading to lower selling prices.
Insufficient efforts in lean production and cost control.
Rapid appreciation of the Taiwan dollar, impacting orders and causing exchange losses.
Rigid domestic labor laws leading to labor-management conflicts and increased operating costs.

Mitigation Strategies

Implemented SAP system and TPS to optimize company structure.
Developed a BPM electronic approval system to improve operational efficiency.
Developed alternative sourcing strategies.
Strengthened employee training and improved the overall work environment to reduce employee turnover.
Increased investment in automation equipment and outsourcing to reduce direct labor needs.
Implemented a mechanism for managing exchange rate risks.

Supply Chain Management

Responsible Procurement

Long-term cooperation with suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 9001, ISO 14001

Awards & Recognition

Excellent Self-Created Brand Award
Excellent Product Design Award
SME Innovation Research Award
Taiwan Excellence Award
National Product Image Award
National Rock Award
Industry Technology Development Award

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

Environmental
Social
Governance

Environmental Achievements

Reduced air pollution by maintaining a clean production environment and utilizing waste recycling.

Social Achievements

Provided employee benefits such as health insurance, retirement fund, and regular health checkups.
Implemented a bonus system and profit-sharing to motivate employees.
Provided employee housing to ensure safety and convenience.
Offered employee training and development programs.

Governance Achievements

Established a corporate governance framework and a sustainability promotion unit.
Implemented a risk assessment system for ESG issues.
Held regular labor-management meetings.

Climate Goals & Targets

Environmental Challenges

Rapid appreciation of the Taiwan dollar, impacting orders and causing exchange losses.
Rigid domestic labor laws, potentially leading to labor disputes and increased operating costs.
Supply chain disruptions due to the COVID-19 pandemic, including material shortages, labor shortages, port congestion, and soaring freight costs.

Mitigation Strategies

Developed alternative sourcing strategies to mitigate supply chain disruptions.
Implemented a mechanism for managing exchange rate risks.
Strengthened employee training and improved the overall work environment to reduce employee turnover.
Increased investment in automation equipment and outsourcing to reduce direct labor needs.

Supply Chain Management

Responsible Procurement

Long-term cooperation with suppliers

Climate-Related Risks & Opportunities

Awards & Recognition

Excellent Self-created Brand Award
Excellent Product Design Award
SME Innovation Research Award
Taiwan Excellence Award
National Product Image Award
National Milestone Award
Industry Technology Development Award

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

Environmental
Social
Governance

Environmental Achievements

Reduced environmental impact through energy conservation, resource recycling, and participation in beach cleanup activities.
Implemented a waste reduction program with the use of recycled cutting oil.

Social Achievements

Participated in the national mask team, contributing to epidemic prevention.
Provided various employee welfare measures, including year-end bonuses, performance bonuses, employee stock ownership trusts, annual health checkups, and various recreational activities.
Employs people with disabilities.
Maintained harmonious labor-management relations with regular meetings and no disputes.

Governance Achievements

Established a sustainability promotion committee with members from relevant departments.
Implemented an internal control system, including risk assessment, control operations, information and communication, and supervision.
Established a whistleblower system.
Regularly conducts corporate governance performance evaluations.

Climate Goals & Targets

Long-term Goals:

Develop a complete product line; strengthen high-tech intelligent and automated new product development; expand into aerospace, 3C, light metal processing, and precision mold processing industries; cultivate R&D talents; achieve sustainable operation and expansion.

Medium-term Goals:

Expand overseas markets; integrate cross-departmental resources; strengthen production efficiency and product quality; adjust production structure; enhance self-manufacturing capabilities; cultivate electromechanical system talents; cooperate with domestic research institutions to develop key components.

Short-term Goals:

Enhance customer service quality system; secure high value-added product orders; diversify customer base and adjust product structure and channels; implement management systems and improve administrative efficiency; strengthen financial management and utilize funds effectively.

Environmental Challenges

Large fluctuations in the Taiwan dollar exchange rate, impacting order intake and production costs.
Rigid domestic labor laws, potentially leading to labor-management conflicts and increased operating costs.
Global high inflation and high interest rates impacting capital expenditure and tool machine industry recovery.

Mitigation Strategies

Diversification of sales markets and strategies to mitigate the impact of the COVID-19 pandemic, the US-China trade war, and inflation.
Strengthening supply chain connections to shorten lead times and reduce inventory.
Implementing group purchasing and price negotiations, regular supplier evaluations, and guidance to improve supplier competitiveness.
Developing new generation products in line with national green energy, wind power, and national ship-building policies.
Investing in automation equipment and outsourcing to reduce reliance on human labor and lower production costs.
Developing high-value-added new products and enhancing precision processing equipment and independent assembly capabilities.

Supply Chain Management

Responsible Procurement

Long-term cooperation with suppliers; group purchasing and price negotiations; regular supplier evaluations; guidance to improve supplier competitiveness.

Climate-Related Risks & Opportunities

Opportunities

Development of energy-efficient products; participation in green energy and wind power industries.

Awards & Recognition

Excellent Self-Created Brand Award
Excellent Product Design Award
SME Innovation Research Award
Taiwan Excellence Award
National Product Image Award
National Rock Award
Industry Technology Development Award