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Climate Impact & Sustainability Data (2022, 2023-12 to 2024-05)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Installed solar panels at its factories in Tainan, Suzhou, and Xiamen to promote the use of green energy and environmental protection.
- Implemented phased energy-saving and carbon-reduction measures to reduce greenhouse gas emissions.
- Headquarters, Tainan factory, SUZHOU JOCHU PRECISION METAL CO., LTD., and JOCHU TECHNOLOGY (XIAMEN) CO., LTD. have all obtained ISO14001 environmental certification.
Social Achievements
- Number of work-related injuries decreased by 54% compared to the previous year.
- Accumulated 6,013 training hours, with a total of 2,917 participants.
- Donated a total of 210,000 dollars to various charitable organizations.
Governance Achievements
- Established the “Information Security Committee” in 2021.
- Established the Sustainable Development Committee in 2021.
- Established the Audit Committee consisting of independent directors in June 2012.
Climate Goals & Targets
Long-term Goals:
- The medical care -related equipment business will continue to implement diversified products, differentiate itself at the same time as criteria, establish a more complete sales, maintenance, and service procedure, plan and set up a service platform, use its own research and development integrating with external strategies to develop products needed by the market, and make arrangements to prepare for the coming aging society.
Medium-term Goals:
- According to the medium and long-term development needs of the group, formulate strategic development of mergers and acquisitions and cooperation.
- Expand the R&D team scale, develop medical care service, household products, and process technologies to achieve diversified development of the industry, and continue patent layout to improve the Company's competitiveness.
Short-term Goals:
- Consolidate TFT customer relationship, improve process development abilities, provide customers with precision stamping application solutions, continue to expand the proportion of customers in existing displays and NB panels, and strongly develop the applications in special fields including vehicles, industrial control, and medical care.
- Expand the production capacity of medical equipment, develop new product agency services, and build a diversified business model, such as sales, leasing, and after-sales services.
Environmental Challenges
- Impact posed by the factors including the epidemic, increasing raw materials & supplies price and global transportation.
- Declining panel price resulted in the reduction of panel part prices.
- The amended Company Act and Securities and Exchange Act focus on the regulations governing corporate governance.
Mitigation Strategies
- Continued the strategies adopted by the three major business units, i.e. optoelectronics, household and medical care, including the layout of new markets and the transformation of factories and adjustment of goals, establishment of international competitiveness, and consolidation of basic technologies.
- Use production technology and dies technology to improve production efficiency and quality yield to reduce production costs and expand the advantages in business quotation.
- Promote lean production management and develop alternative supply chains to maintain its market competitiveness.
Supply Chain Management
Responsible Procurement
- signed contracts with suppliers that include environmental substance usage instructions and a commitment to fair trade and integrity
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRSs
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO13485
Third-party Assurance: PricewaterhouseCoopers, Taiwan
Reporting Period: 2023-12 to 2024-05
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Corporate Governance
- Environmental Sustainability
- Social Public Welfare
- Economic Development
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Established Sustainable Development Best Practice Principles approved by the Board of Directors and Shareholders' Meeting
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed