Climate Change Data

彰源企業股份有限公司 (FROCH ENTERPRISE CO., LTD.)

Climate Impact & Sustainability Data (2022, 2022-2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental Protection
  • Employee Welfare
  • Business Integrity

Environmental Achievements

  • Installed solar panels on rooftops to generate green energy.
  • Implemented waste sorting, recycling, and reduction measures.
  • Fully complied with discharge standards imposed by the Environmental Protection Administration.

Social Achievements

  • Founded "Froch Enterprise Co., Ltd. Employee Welfare Committee" offering various activities.
  • Provided social insurance coverage and protections for employees.
  • Implemented a rotation system to complete employees' work experience.

Governance Achievements

  • Established a set of "Insider Material Information Handling Procedures".
  • Designated its group administration division to be the unit responsible for business integrity.
  • Implemented effective accounting and internal control systems.

Climate Goals & Targets

Long-term Goals:
  • Position worldwide for increased sales and global market share
Medium-term Goals:
  • Grow the sales of stainless steel sheets and coils for higher market share
  • Systematic talent training for business sustainability
Short-term Goals:
  • Improvement and development of titanium pipe welding technology
  • Research of new production procedures for stainless steel tubes and pipes
  • Enhancement of employee training

Environmental Challenges

  • Fluctuations in raw material prices (nickel) compressed gross profit.
  • Increase in local wages caused manufacturing costs to rise.
  • International supply and demand affecting nickel prices.
Mitigation Strategies
  • Improve manufacturing procedures through automation and efficiency enhancement.
  • Closely monitor international markets for changes in nickel price, and prepare for adjusting of stainless steel price.
  • Develop high value-added products that would maximize profits.

Supply Chain Management

Responsible Procurement
  • Suppliers that commit violation will have purchases reduced until corrections are made.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO-9001, ISO-14001, JIS, TAF

Reporting Period: 2022-2023

Environmental Metrics

Total Carbon Emissions:4969 (Category 1) and 11932 (Category 2) tCO2e/year (2023)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:143637 electricity degrees/year (2023)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.0548 tCO2e/metric ton (Category 1, 2023), 0.1316 tCO2e/metric ton (Category 2, 2023)

ESG Focus Areas

  • Carbon emissions
  • Energy savings
  • Water resource management

Environmental Achievements

  • Reduced carbon dioxide emissions from 6124 tCO2e in 2022 to 4969 tCO2e in 2023 (Category 1)
  • Reduced carbon dioxide emissions from 13090 tCO2e in 2022 to 11932 tCO2e in 2023 (Category 2)
  • Reduced energy consumption: 583764 electricity degrees in 2021, 252081 in 2022, 143637 in 2023
  • Cooling water recycling
  • Sewage treatment equipment

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

  • Global inflation surges
  • Strong interest rate hikes
  • Epidemic limiting container transportation capacity
  • Weak global demand for stainless steel
  • Mainland China’s economic recovery slower than expected
  • Geopolitical risks
  • Supply chain disruptions (e.g., nickel supply)
  • Oversupply of nickel
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