Climate Change Data

Excelpoint Technology Ltd.

Climate Impact & Sustainability Data (2017-01 to 2019-12, 2020)

Reporting Period: 2017-01 to 2019-12

Environmental Metrics

Total Carbon Emissions:659 tCO2
Total Energy Consumption:977,130 kWh
Carbon Intensity:0.91 tCO2 per employee in 2019

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced energy consumption to 4,035 GJ in 2019 from 4,258 GJ in 2018
  • Maintained zero incidents of non-compliance with environmental rules or regulations

Social Achievements

  • Increased percentage of women in the workforce to 39.1% in 2019 from 38.4% in 2018
  • Provided 538 hours of training to employees in 2019
  • Maintained zero accidents across operations in 2019
  • Invested over S$130,000 in community programs in FY2019

Governance Achievements

  • Maintained zero confirmed incidents of corruption during the reporting period
  • Complied with applicable laws and regulations; no incidents of confirmed non-compliance with socio-economic rules

Climate Goals & Targets

Short-term Goals:
  • Maintain energy consumption per employee amidst expansion. Reduce 1% energy consumption and conserve energy usage.
  • Annual employee attrition rate of no more than 20%. Maintain zero accidents and occupational diseases across operations.

Environmental Challenges

  • Weak global economic landscape from US-China trade tensions and market uncertainties
Mitigation Strategies
  • Improved efficiencies, strengthened credit and inventory control, and improved cash flow

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option, UN Sustainable Development Goals (SDGs)

Certifications: ISO 9001

Awards & Recognition

  • Numerous awards listed on pages 11-12

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:378 tCO2
Total Energy Consumption:2177 GJ

ESG Focus Areas

  • Innovation
  • Economic Performance
  • Diversity
  • Anti-corruption
  • Regulatory Compliance

Environmental Achievements

  • Reduced electricity consumption by 44% compared to 2019 due to ceased warehouse operations and employees working from home.
  • Reduced CO2 emissions to 378 tCO2 in 2020 from 659 tCO2 in 2019.

Social Achievements

  • Increased percentage of women in the workforce to 42.8% in 2020 from 39.1% in 2019.
  • Invested S$93,044 (US$70,381) in community investment and donations to charities.

Governance Achievements

  • Zero confirmed incidents of corruption, bribery, or fraud.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Expand engineering capabilities and team by 5%.
Short-term Goals:
  • Nurture at least 2 companies within the Smart Sustainability pillar of the PlanetSpark Innovation Centre in 2021.

Environmental Challenges

  • COVID-19 pandemic disrupting operations and engagement activities.
  • Limited control over energy efficiency in rented office spaces.
  • Difficulty in tracking energy consumption due to landlords including energy costs in rent.
Mitigation Strategies
  • Implemented new work-from-home structures.
  • Adopted digital engagement methods (virtual tradeshows, webinars).
  • Focused on prudent energy use and GHG emission reductions.
  • Exploring renewable energy options.

Supply Chain Management

Responsible Procurement
  • Regular engagement with suppliers to build trusted partnerships and ensure reliable supplies, price protection and stock rotation.

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products through collaboration with start-ups and principals.

Reporting Standards

Frameworks Used: GRI Standards: Core Option, Singapore Exchange Securities Trading Limited (SGX-ST) sustainability reporting requirements

Certifications: ISO 9001

UN Sustainable Development Goals

  • SDG 7
  • SDG 9
  • SDG 13
  • SDG 4
  • SDG 8
  • SDG 16

The report maps material factors over the 17 SDGs to identify the most relevant Goals for aligning sustainability reporting.

Awards & Recognition

  • Distributor Excellence Award
  • Supplier Excellence Award
  • LED Market Development Award
  • 2020 Outstanding International Branded Distributor Award
  • Listed in ESMC 2019 Global Distributor Revenue Top 86, Ranked #23
  • Ten-Year Partnership Award
  • Best Collaboration Award
  • Best Supplier Award
  • 2019 Best Supplier
  • Microchip Award 2019 - West China
  • Microchip Award 2019 – West China
  • 2019 Strategic Partner
  • Partnership Award 2020