Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employee Welfare
• Corporate Governance

Environmental Achievements

• Actively implementing energy-saving and carbon reduction operations, such as turning off lights when not in use, creating a paperless office environment, planting trees in open spaces, and using energy-efficient lighting in office buildings and data centers, to mitigate global warming.
• The entire factory enforces a waste classification and resource recovery system, including the recycling of lubricating oil, to enhance environmental awareness towards green initiatives.

Social Achievements

• The company was approved for establishment by the Taichung County Government on June 29, 1989 under letter No. 913 of the Labor and Welfare Bureau, and is committed to promoting various employee benefit plans
• The company provides gifts to all employees during Labor Day and three major festivals.
• Employees who have completed five years of service receive a bonus and the opportunity to travel overseas.

Governance Achievements

• The company has established a code of ethics and an employee code of conduct.
• The company has established and implemented a code of ethics and a code of conduct for employees.
• The company has established effective accounting and internal control systems in accordance with regulations, and implemented relevant provisions.

Climate Goals & Targets

Environmental Challenges

• Domestic shortage of technical talent and experienced labor in the market has led to the dilemma of insufficient productivity.
• The demand for precision, quality, and performance of machine tools in the market is increasing, and some technical levels cannot be overcome by domestic or internal capabilities, making it more difficult to develop new products.
• The company's products are mainly exported, so exchange rate fluctuations have a greater impact on the company.
• Some components rely on foreign suppliers.

Mitigation Strategies

• Hiring foreign workers and actively strengthening employee education, technical training, and improving the overall working environment, allowing employees to work safely and comfortably in the company. Also, outsourcing operations to make up for the shortage of manpower.
• Increase investment in automation equipment to reduce labor demand. Adopting FPS and refined production methods to improve work efficiency and reduce production costs.
• Cooperate with foreign companies with higher technical levels to introduce advanced technology to enhance product performance, increase precision, and strengthen competitiveness.
• Collaborate with domestic academic research units to overcome the shortage of technical capabilities through continuous research and development, improvement, and impact of new knowledge and new thinking to ensure product quality, consolidate brand advantages, and corporate reputation.
• When setting prices for the company's products, consider exchange rate factors. If there is significant exchange rate volatility, adopt forward foreign exchange sales or adjust product prices to make the exchange rate risk moderately shared by dealers or buyers.
• Collect information on exchange rate fluctuations at any time, fully grasp the trend of exchange rate fluctuations to avoid risks.
• Diversify risks by purchasing from Japanese companies, as well as other countries such as the United States, Germany, and Spain.
• Devote to cultivating and rooting the talent of the electrical control system and actively promote the development of self-developed PC-BASED controllers.

Supply Chain Management

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: IFRS

Certifications: ISO 9001, EU CE

Third-party Assurance: Ernst & Young

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employee Welfare
• Corporate Governance

Environmental Achievements

• Reduced greenhouse gas emissions by 5.5 tons CO2e compared to 2022
• Reduced water usage by 798,000 liters compared to 2022
• Reduced waste output by 15.6 tons compared to 2022

Social Achievements

• Implemented various employee welfare measures including meals, dormitories, and bonuses
• Maintained good labor-management relationships with smooth communication and no major labor disputes
• Provided internal and external training programs for employees

Governance Achievements

• Established a Remuneration Committee and an Audit Committee
• Revised the "Articles of Incorporation," "Internal Control System and Related Procedures," "Rules of Procedure for Shareholders Meetings," and "Salary and Compensation Remuneration Committee Organization Regulations"
• Held 5 board meetings in 2023 with an overall average attendance rate of 94%

Climate Goals & Targets

Environmental Challenges

• Domestic shortage of technical talent and experienced labor
• Increasing demand for precision, quality, and performance of machine tools
• Exchange rate fluctuations impacting exports
• Reliance on foreign suppliers for some components

Mitigation Strategies

• Hiring foreign workers and strengthening employee education and training
• Increasing investment in automation equipment
• Cooperating with foreign companies with higher technical levels
• Collaborating with domestic academic research units
• Considering exchange rate factors when setting prices
• Diversifying suppliers

Supply Chain Management

Responsible Procurement

• Maintaining good relationships with suppliers to ensure stable prices and quality
• Periodically seeking to diversify the supplier base to mitigate procurement risks

Climate-Related Risks & Opportunities