Climate Change Data

Ultra Chip, Inc.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:272,862 kg CO2/kWh (electricity) and 323 kg CO2/kWh (water) in 2022
Waste Generated:0.35 tons in 2021 and 0.37 tons in 2020

ESG Focus Areas

  • Environmental protection
  • Ethical corporate management
  • Sustainable development

Environmental Achievements

  • Reduced carbon dioxide emissions due to electricity and water consumption by 2% every 3 years.
  • Promotes various energy-saving plans (e.g., electronic invoices, recycled paper, energy-efficient air conditioning).

Social Achievements

  • Maintained harmonious labor-management relations with no disputes.
  • Implemented various employee welfare measures (labor insurance, health insurance, training, etc.).
  • Female employees accounted for 35% of the total workforce in 2022.
  • Provided donations to disadvantaged groups and institutions.

Governance Achievements

  • Established and disclosed corporate governance practices.
  • Established an Audit Committee and Remuneration Committee.
  • Implemented policies to prevent insider trading and conflicts of interest.
  • Established a whistleblowing system.

Climate Goals & Targets

Long-term Goals:
  • Continue to develop small and medium-size display driver ICs with improved features.
  • Actively research and develop new products and technologies for greater product diversity.
Medium-term Goals:
  • Become a leading company in global display driver ICs.
  • Establish sales and technical service locations in key markets.
Short-term Goals:
  • Increase market share of small and medium-size display driver ICs.
  • Enhance market position through global exhibitions and seminars.

Environmental Challenges

  • Rapid market product change and shorter product life cycles.
  • High dependency on foundries and potential production capacity disruptions.
  • Patent infringement risks.
  • Sales concentration risk.
Mitigation Strategies
  • Solid R&D team and keen market development capability to swiftly develop new products.
  • Long-term cooperation with foundries and actively seeking new OEM companies.
  • Patent search analysis before R&D and filing patent applications.
  • Expanding sales markets in China and Asia Pacific regions through agencies and distributors.

Supply Chain Management

Responsible Procurement
  • Annual non-use of prohibited and restricted substance guarantee letter with suppliers.
  • Periodic audit / sampling for submission to SGS.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Third-party Assurance: Deloitte Taiwan

Sustainable Products & Innovation

  • Energy-saving and eco-friendly ICs

Reporting Period: 2023

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

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Slowdown in end market demand and consumer buying interest due to high inflation and geopolitics.
  • Excessive inventory levels in the semiconductor supply chain due to weak end demand and slow destocking.
Mitigation Strategies
  • Re-examining production capacity allocation to improve product quality and reduce production costs.
  • Actively investing in R&D of new products and technologies to enhance product competitiveness.
  • Stabilizing R&D personnel.

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: Deloitte Taiwan

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed