BizLink Holding Inc
Climate Impact & Sustainability Data (2023, 2Q 2024)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:39,881 tCO2e/year
Scope 1 Emissions:6,105.77 tCO2e/year
Scope 2 Emissions:33,774.97 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:17.95%
Total Energy Consumption:76,904,705 KWh/year
Water Consumption:508,116 m3/year
Waste Generated:3,167.58 tons/year
Carbon Intensity:0.79 tCO2e/hundred million NT$ in 2023
ESG Focus Areas
- Corporate Governance
- Environmental Protection
- Social Welfare
Environmental Achievements
- Reduced greenhouse gas emissions by 18.8% (39,881 tCO2e in 2023 compared to 49,131 tCO2e in 2022)
- Reduced energy consumption by 6,442,050 kWh (7.75% decrease from 2022)
- Reduced water intensity by 5% (9.95 m3 per NT$1 million in 2023 compared to 2022)
- BizLink Electronics (Xiamen) Co. Ltd. completed its first product carbon footprint inventory project.
- Joined the Science Based Targets initiative (SBTi) to develop net-zero emission goals.
- Became a member of the United Nations Global Compact.
Social Achievements
- Donated NT$19,176,088 to charities in 2023
- Employee volunteers contributed 1,160 service hours (170% increase from 2022)
- Named to Newsweek’s 2024 list of “America’s Most Responsible Companies” for the 5th straight year.
- Named the winner of “Asia’s Outstanding Companies Poll 2023” in the “Automobiles and Components” sector in Taiwan by AsiaMoney for the 5th straight year.
Governance Achievements
- Ranked among the top 6~20% level in the 10th Corporate Governance Evaluation conducted by TWSE in 2023.
- Awarded a low ESG risk rating by Sustainalytics with a score of 11.9.
- Percentile 91% of the S&P Global Corporate Sustainability Assessment (CSA) of the electronic components and equipment industry.
- Awarded a high exposure level in ESG information disclosure by FTSE Russell
- Selected as a constituent of the TWSE Corporate Governance 100 Index
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050 (50% reduction from 2022 levels by 2030)
Medium-term Goals:
- Reduce total GHG emissions by 6% per year (cumulative 30% reduction from 2022 by 2027)
Short-term Goals:
- Reduce total GHG emissions by 6% per year (cumulative 18% reduction from 2022 by 2024)
Environmental Challenges
- Climate change risks (extreme weather events, supply chain disruptions)
- Geopolitical risks
- Inflationary pressure
- Information security risks
Mitigation Strategies
- Developed emergency response and disaster prevention plans
- Invested in drainage facilities
- Implemented strong information security measures, including establishing a Security Operation Center (SOC) and appointing a Chief Information Security Officer (CISO)
- Purchased cybersecurity insurance
- Formulated strategies focusing on four regions and four key sectors to enhance production and shipping flexibility and resilience.
Supply Chain Management
Supplier Audits: 316/year
Responsible Procurement
- RBA Code of Conduct
- Conflict mineral procurement policy
- Green procurement practices
- Supplier sustainability requirements
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (typhoons, floods)
- High temperatures
- Droughts
Transition Risks
- Increased costs of emissions inventory and verification
- Costs of transitioning to a low-carbon economy
- Changes in customer behavior and regulations
Opportunities
- Development of energy-efficient products
- New market opportunities in renewable energy and green products
- Reduced costs through local production and low-emission energy
Reporting Standards
Frameworks Used: GRI Standards, SASB, TCFD
Certifications: ISO 14001:2015, ISO 45001:2018, ISO 14064-1:2018
Third-party Assurance: TÜV NORD Taiwan Co., Ltd.
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 9 (Industry, Innovation, and Infrastructure)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
- Goal 8 (Decent Work and Economic Growth)
- Goal 17 (Partnerships for the Goals)
BizLink's initiatives in renewable energy, green product design, supply chain management, employee development, and community engagement contribute to these goals.
Sustainable Products & Innovation
- Energy-efficient products
- Products using recycled materials
- Products designed for ease of recycling and disassembly
Awards & Recognition
- Newsweek’s America’s Most Responsible Companies
- AsiaMoney’s Asia’s Outstanding Companies Poll
- IR Magazine’s Best in Sector: Technology Investor Relations Award
- Lam Research’s Supplier Excellence Award
- Flex’s 2023 Supplier Sustainability Award
- Vorwerk’s 2023 Partnership Award
- Chervon’s 2023 Tier one Supplier list
Reporting Period: 2Q 2024
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Green revenues increased from 8% of total sales in 2019 to 17% in 2023
Social Achievements
- Multiple milestones achieved in CSR report; Employee engagement activities; Zero accidents policy; Contributions to society; Optimal working environment: Retention & Hiring
Governance Achievements
- Highly ranked for 9 straight years in TWSE’s Corporate Governance assessment; Strong internal policies encourage positive behavior
Climate Goals & Targets
Environmental Challenges
- Lower for longer recovery may continue in 2H 2024; Conservative view on near-term underlying demand; Weakness in Automotive segment, especially EVs, due to high inflation, high interest rates, and halted subsidies
Mitigation Strategies
- Pricing power remains intact and closely working with customers; Stringent operating expenditure and spending controls; Raising sales exposure to higher-value growth markets; Enhancing cash management to free up capital for growth and reduce reliance on bank debt; Transformation ongoing in Automotive segment to add module and box build exposure