Climate Change Data

Environmental Metrics

ESG Focus Areas

• environmental protection
• energy conservation
• carbon reduction
• ESG (environmental, social and corporate governance)
• public welfare activities

Environmental Achievements

• reduced waste volume by about 5% compared with 2020
• number of updated energy-saving lamps in 2021 increased by 4% compared with 2020
• number of energy-saving and environmentally friendly air conditioners replaced by 5% in 2021 compared with 2020
• realized amount of recycled waste is NT$3,000

Social Achievements

• held quarterly labor-management communication meetings
• regular fire drills and occupational safety education and training are held every year
• organizes social responsibility education and training for suppliers every year
• conducts education and training on responsible business alliance code of conduct, labor safety and health work for employees
• sets up a customer service line and holds four labor-management meetings every year
• donating to various nurseries, assisting the hospital Tong, subscribed for the products of the Autistic Children Social Welfare Foundation and the Social Welfare Foundation, co-organized blood donation activities with the Taipei Blood Donation Center

Governance Achievements

• established an information security information project promotion organization
• formulated the information security policy as “Information Security is Everyone’s Responsibility”
• established the “Complaint and Personal Rights Protection Operational Procedures”
• passed the ISO45001 (2018 version) occupational safety and health management system certification
• won the LCIE -SNQ IECQ QC 080000: 2017 Hazardous Substance Process Management (HSPM) System certification

Climate Goals & Targets

Environmental Challenges

• shortage of cabinets and port closures caused a surge in transportation costs and raw material cost
• China's covid policy on energy consumption added difficulties to the overall operation
• weakening of global demand
• LCD panel prices are still at a high level
• lack of cabinets and port congestion
• shortage of materials and the lack of materials and parts
• weakening demand in the education market
• rising freight and manufacturing costs
• ICs will continue to be short of materials
• logistics and transportation restrictions have not yet eased
• rising raw material prices

Mitigation Strategies

• adjust product mix and strive for niche products for maximum profit
• expand new customers and increase the market share of the hinge
• continue to integrate internal and external resources of the company and establish strategic partnerships with suppliers
• improve the self-made rate of components, reduce the ratio of outsourcing and the cost of raw materials
• continue to introduce automated production equipment
• assist and coach third-party manufacturers to improve the quality of their products
• improvement and control of the existing species structure
• strengthen the verification and experiment of the existing structure
• implement the simplified design experiment of the existing product structure
• become a customer’s R&D partner and shorten the product development schedule
• seek strategic alliance partners
• increase the added value of existing products
• purchase precision processing machines
• cooperate with brand customers to form R&D partners
• recruit outstanding R&D talents
• develop new structural hinges and apply for patent rights
• organize an automation R&D team
• maintains a good cooperative relationship with raw material suppliers
• continues to achieve the goal of cost reduction through product and process improvement or cost transfer
• actively develop new structural designs
• introduce the feasibility assessment and verification of low-cost alternative materials
• adopt the research and development direction of matching and simplifying the design structure
• actively develops the structural design of high-end products
• adding machinery and equipment, increasing the degree of factory automation and mechanization
• strengthen pre-employment and on-the-job training of employees
• commit to human resource planning and enhance employee benefits

Supply Chain Management

Responsible Procurement

• requires suppliers to provide raw materials that meet environmental protection requirements
• organizes social responsibility education and training for suppliers

Climate-Related Risks & Opportunities

Physical Risks

• extreme weather

Transition Risks

• regulatory changes
• market shifts

Environmental Metrics

ESG Focus Areas

• low-carbon development
• renewable energy
• corporate governance
• social responsibility

Environmental Achievements

• Increased usage of recycled materials in products to reduce carbon emissions

Social Achievements

• Not disclosed

Governance Achievements

• Actively pursues the trend of low-carbon development
• Adhering to business alliance codes of conduct
• Robust technological development capabilities and numerous accolades in corporate governance

Climate Goals & Targets

Environmental Challenges

• Global economic downturn and industrial inventory adjustments resulting in weakened investment and exports
• International inflationary pressures, escalation of conflicts (Ukraine-Russia war), slowdown in the Chinese economy, resurgence of US-China technology disputes, and escalating impacts of climate change

Mitigation Strategies

• Achieved record-breaking revenues in fiscal year 2023 through concerted employee efforts
• Actively invested in technical development in foldable phone hinge technology
• Seizing market trends and developing new products related to hinges (foldable tablets and laptops)
• Horizontally coordinate and vertically integrate, aiming to reduce costs and optimize all expenditures for the most streamlined business management

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