CHIEFTEK PRECISION CO., LTD.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:5,368.626 tCO2e/year
Total Energy Consumption:10,547.4 thousand kWh/year
Waste Generated:455 tons/year
ESG Focus Areas
- Environmental protection
- Occupational safety and health
- Corporate social responsibility
- Sustainable development
- Ethical management
Environmental Achievements
- Reduced carbon emissions by 23,056 kg in 2022
- Achieved a 1.54% reduction in energy consumption from 2015 to 2022
- Installed a 999.81KWp solar power generation system at the Tree Valley Plant
Social Achievements
- Transferred 445,000 treasury stocks to employees as part of an employee incentive program
- Plans to transfer an additional 2,000,000 treasury stocks to employees
- Maintained harmonious labor relations with no labor disputes
- Implemented various employee welfare measures including year-end bonuses, insurance, subsidies, holidays, and training
Governance Achievements
- Established an audit committee and a remuneration committee
- Increased the number of independent directors from 3 to 4
- Implemented a Code of Ethical Management
- Strengthened information transparency through website disclosures
Climate Goals & Targets
Long-term Goals:
- Achieve zero carbon emissions
Environmental Challenges
- Global economic slowdown due to the pandemic, inflation, and interest rate hikes
- Decline in the semiconductor industry leading to decreased demand for components
- Difficulty in acquiring and retaining high-level talent
- Exchange rate fluctuations
Mitigation Strategies
- Effective cost control measures
- Development of high-end technologies such as robotic arms and upper control platforms
- Strengthening internal training mechanisms
- Improving employee welfare systems
- Implementing appropriate hedging measures to reduce the impact of exchange rate risk
- Actively expanding the development and sales of robotic arms
Supply Chain Management
Supplier Audits: 2 on-site environmental, safety and health inspections in 2022
Responsible Procurement
- Contracts with major suppliers requiring compliance with Labor Standards Act and human rights regulations
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons, floods, droughts
Opportunities
- Development of energy-efficient products
- Investment in renewable energy
Sustainable Products & Innovation
- Miniature linear guide rail
- Linear motor
- DD motor
- Magnetic encoder
- PLC and controller
- Servo drive
- EtherCAT transfer box
- Six-axis robotic arm
- Software PLC
- Arm gripper
- Automatic tool changing system
Awards & Recognition
- 2021 LEAP Awards Gold Medal for cpcRobot