Climate Change Data

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

Supply Chain Management

Climate-Related Risks & Opportunities