Climate Change Data

Yeong Guan Energy Technology Group Co., Ltd.

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:135,154.49 tCO2e/year
Total Energy Consumption:218,168,750 kWh/year

ESG Focus Areas

  • Corporate Governance
  • Environmental Protection
  • Occupational Health & Safety
  • Community Support
  • Sustainable Operations
  • Employee Relations

Environmental Achievements

  • Implemented ISO 14001 and ISO 50001 across subsidiaries.
  • Undertook energy-efficient modifications (LED lighting, waste heat recovery, variable frequency transformation).

Social Achievements

  • Maintained employee welfare programs (year-end bonuses, allowances, etc.).
  • Provided further education and training for employees.
  • Conducted community support and donations (RMB 261,500 in 2020-2021).

Governance Achievements

  • Established an Enterprise Information Security Organization.
  • Implemented internal audit procedures.
  • Complied with relevant laws and regulations.

Climate Goals & Targets

Long-term Goals:
  • Enhance competitiveness through ESG, green production, lean manufacturing, and talent training.
  • Achieve sustainable development goals.
Medium-term Goals:
  • Stable mass production at Taichung Port and Thailand bases.
  • Improve production capacity and efficiency at Taichung Port Base.
  • Expand Thailand Base capacity.
Short-term Goals:
  • 2022 shipment target: 195,000-200,000 tons.
  • Complete Taichung Port Base construction and commence production in 2H 2022.
  • Commence construction of Thai Production Base in 2H 2022.

Environmental Challenges

  • Exchange rate fluctuation.
  • Fluctuation of raw material prices.
  • Serious corrosion at sea affecting product quality.
  • COVID-19 pandemic affecting the global economy.
Mitigation Strategies
  • Natural risk avoidance, exchange hedging, multi-currency sales, supply market dominance balance strategy.
  • Seeking international raw material suppliers, advance supply rating, batch material preparation, quarterly price adjustment with customers.
  • Improved process design and processing capacity for offshore wind turbines.
  • Close contact with foreign customers, adapting to changing order requirements, exploring new opportunities in 5G and printing industries.

Supply Chain Management

Responsible Procurement
  • Actively seeking international large-scale raw material suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core, AA1000 Accountability Principles Standard, Taiwan Stock Exchange's Operational Measures, UN Sustainable Development Goals (SDGs)

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001