AMPACS CORPORATION
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Sustainability
- Environmental Protection
- Carbon Emission Reduction
- Renewable Energy
- Recycled Materials
Environmental Achievements
- Plans to introduce active green manufacturing practices, such as solar power generation systems, in the Vietnam factory to reduce energy consumption and carbon emissions.
Social Achievements
- Actively invests in talent development, research and innovation, cost control, process and operational efficiency improvement, and new customer acquisition.
- Established safety and health regulations, annual health check-ups for employees, on-site medical services, and disaster prevention courses.
Governance Achievements
- Completed relevant international certifications for its security systems.
- Established the "Integrity Management Policy," "Code of Ethics," and "Operating Procedures and Behavioral Guidelines for Integrity Management."
Climate Goals & Targets
Long-term Goals:
- Establish a new generation of research and development teams.
- Achieve sustainable business development and strengthen our financial structure and overall company resilience.
Medium-term Goals:
- Establish teams that focus on major customers and collaborate in the development of future products.
- Strengthen our financial structure and overall company resilience.
Short-term Goals:
- Introduce niche products that lead the market.
- Upgrade production line specifications and develop automated equipment to improve production efficiency.
Environmental Challenges
- Shipments were affected by customer and channel destocking in the third and fourth quarters of 2022, leading to reduced shipment momentum.
- Intense price competition due to numerous competing manufacturers.
- Rapid changes in consumer electronics products.
Mitigation Strategies
- Most customer inventory has been cleared, and a recovery of shipment momentum is anticipated.
- Strengthen supply chain collaboration and implement effective vertical integration management. Enhance product customization capabilities and patented designs.
- Closely monitor relevant market demands and maintain close cooperation with major brand manufacturers.
Supply Chain Management
Responsible Procurement
- Established an evaluation mechanism for suppliers and outsourced manufacturers. New suppliers are required to undergo an evaluation of their capabilities before transactions can be approved.