ACME Electronics Corporation
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:8730 tCO2e/year (self-reported, awaiting third-party verification)
Scope 1 Emissions:3186 tCO2e/year
Scope 2 Emissions:5544 tCO2e/year
Renewable Energy Share:1.4% of total energy use
Water Consumption:193.88 thousand m3/year
Waste Generated:2133.801 tons/year (general waste), 89.197 tons/year (hazardous waste)
ESG Focus Areas
- Business governance and value chain management
- Resource recycling and environmental friendliness
- Happy workplace and social participation
Environmental Achievements
- Reduced carbon emissions by 949 tCO2e via various energy-saving and carbon dioxide reduction plans
- 98% overall waste recycling rate in 2023
- Successfully integrated 7.2MW of solar power into the grid, expected to generate over 9 million kWh of green electricity
Social Achievements
- 100% target achievement rate regarding the average educational training hours of employees
- Asia Polymer Corporation, Taita Chemical Company, Limited, and China General Plastics Corporation have been recognized as “Excellent Enterprises in Occupational Health and Safety Performance Evaluation” by the Occupational Safety and Health Administration
- Employee satisfaction: Taiwan: 75%; Kunshan Plant: 80%; Guangzhou Plant: 84%
Governance Achievements
- Ranked top 6%~20% in the “Listed Company Corporate Governance Evaluation” for nine consecutive years
- Zero violation of environmental protection laws
- Elevated the organizational level of the Sustainable Development Committee to a functional committee under the Board of Directors
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2050
Medium-term Goals:
- Explore new businesses and seek sustainable development
- Achieve carbon neutrality by 2050
- Reduce carbon emissions by 27% by 2030 from 2017 levels
Short-term Goals:
- Reduce production costs and improve the sales of products with high profits
- Jointly develop new materials and new products with customers to maintain our competitive strength
- Waste recycling rate > 99%
Environmental Challenges
- Insufficient power supply
- Rising energy expenses
- Price increase in raw materials and freight
- Carbon Fee Collection
- Sluggish iron core market due to geopolitical factors and inflation
Mitigation Strategies
- Developed alternative sourcing strategies
- Implemented energy-saving and carbon dioxide reduction plans
- Introduced automated procedures and systems to improve production efficiency and reduce production costs
- Invest in renewable energy to reduce carbon emissions and achieve green power targets
- Implemented an internal carbon pricing system
Supply Chain Management
Supplier Audits: Scheduled audits of primary raw material suppliers for both process and system audits in 2023
Responsible Procurement
- Prioritize local suppliers for procurements
- Implement conflict minerals due diligence of suppliers
- Perform regular evaluations of suppliers on quality, delivery term, level of cooperation, and price
Climate-Related Risks & Opportunities
Physical Risks
- High temperatures
- Water scarcity
- Extreme weather events
Transition Risks
- Carbon fees
- Renewable energy regulations
- Government oversight or supervision
Opportunities
- Development of energy-efficient products
- Investment in renewable energy
- Transition to low-carbon technologies
- Recycling and reuse
Reporting Standards
Frameworks Used: GRI Standards: 2021, SASB, TCFD, UN SDGs, United Nations Global Compact, Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies
Certifications: ISO 14001, ISO 45001, ISO 50001, ISO 14064-1
Third-party Assurance: Deloitte Touche Tohmatsu Limited
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 7
- SDG 8
- SDG 9
- SDG 11
- SDG 12
- SDG 13
- SDG 17
The company's initiatives contribute to these goals through various ESG programs and targets.
Sustainable Products & Innovation
- SiC products