Climate Change Data

Firich Enterprises Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:307 tCO2e/year
Scope 1 Emissions:21 tCO2e/year
Scope 2 Emissions:286 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:2296 GJ/year (2022)
Water Consumption:2,980 tons/year (2023)
Waste Generated:67,180 tons/year (2023)
Carbon Intensity:0.16 tonne of CO2e /NT$ million of revenue (2023)

ESG Focus Areas

  • Environmental Protection
  • Ethical Corporate Management
  • Sustainable Development
  • Climate Change

Environmental Achievements

  • Obtained ISO14001:2015 certification (valid until 2026.09.14)
  • Reduced total greenhouse gas emissions to 307 tonnes of CO2e in 2023 (Scope 1: 21 tonnes, Scope 2: 286 tonnes)
  • Total water consumption in 2023 was 2,980 tons
  • Waste management complies with the Waste Disposal Act and ISO14001 standards

Social Achievements

  • Provides employees with benefits such as birthday gifts, annual employee travel, festival gifts, and health checks
  • No occupational accidents in 2023
  • Established a stakeholder section on the company website as a complaints channel

Governance Achievements

  • Established an Audit Committee and a Remuneration Committee
  • Implemented a diversified policy for the composition of its board members
  • Conducted regular performance evaluations of the Board

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050
Medium-term Goals:
  • Achieve annual reduction of 10% of energy consumption for new products from the previous year

Environmental Challenges

  • Severe market competition
  • Regulatory changes impacting product design, manufacturing, and sales
  • Market changes and supply chain risks
  • Potential increase in corporate costs due to carbon fee collection mechanisms or extreme climate events
  • Increase of production costs of suppliers due to carbon fee collection
Mitigation Strategies
  • Continuous innovation and flexible strategy adjustments
  • Close monitoring of regulatory changes and timely adjustments
  • Close attention to market changes and establishment of response measures
  • Investment in green energy, promotion of energy saving, and carbon inventory inspection projects
  • Increasing the ratio of eco-friendly suppliers and adding new supplier evaluation indicators
  • Negotiating price adjustments with suppliers, establishing energy-saving and carbon reduction measures, and promoting circular economic models

Supply Chain Management

Supplier Audits: Annual audit of suppliers and contractors

Responsible Procurement
  • Supplier sustainability requirements
  • All suppliers must provide components or modify the manufacturing process that meet the requirements of green products

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme climate events affecting transportation and infrastructure
  • Increased power consumption due to rising average temperatures
Transition Risks
  • Policy and regulatory risks related to greenhouse gas emission pricing
  • Market risks related to raw material cost increases due to carbon fee collection
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI, TCFD

Certifications: ISO 14001:2015

Third-party Assurance: PwC Taiwan

Sustainable Products & Innovation

  • Energy-saving products