Climate Change Data

VIVOTEK Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:2145.9287 tCO2e/year
Scope 1 Emissions:116.7871 tCO2e/year
Scope 2 Emissions:2029.1416 tCO2e/year
Scope 3 Emissions:747.1864 tCO2e/year
Renewable Energy Share:46.1%
Total Energy Consumption:4,099,276 KWH/year
Water Consumption:37.6094 m3/year
Waste Generated:30.55 tons/year
Carbon Intensity:0.3158 metric tons CO2e/million in 2023

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced carbon emissions by 1210.96 tons through the purchase of 2,440,000 kWh green electricity and 1,482 renewable energy certificates.
  • Achieved a recycling rate of over 90% for non-hazardous waste.
  • Replaced office lighting with LED fixtures.

Social Achievements

  • Launched the "Safety Map" project for three consecutive years, culminating in the "Build a Safety Map and Protect the Children of Shuangxi Elementary School" initiative in 2023.
  • Maintained a customer satisfaction score above 90 for six consecutive years, reaching 98 in 2023 for technical support.

Governance Achievements

  • Achieved Level 2 in the tenth corporate governance evaluation.
  • Obtained ISO 27001 certification for its information security management system.
  • Passed the Responsible Business Alliance (RBA) certification in 2023 and obtained Silver Status.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions
Medium-term Goals:
  • 100% renewable energy usage by 2030.
  • Overseas Office Organizational Greenhouse Gas Inventory Program by 2025.
Short-term Goals:
  • Reduce greenhouse gas intensity by 2% per year compared with the baseline year.
  • Achieve 55% renewable energy by 2024.
  • 90% recyclable industrial waste by 2025.

Environmental Challenges

  • Supply chain disruptions
  • Customer satisfaction with after-sales maintenance was only 70 in 2023 due to staff turnover and insufficient maintenance capacity.
Mitigation Strategies
  • Analyzing the sales and inventory status of major chip suppliers in 2023 through a cross comparison; anticipating in advance their ordering capacity status of wafer / packaging in 2024; simultaneously considering product design and model with guaranteed supply.
  • Implementing DfCC and DfMS on NPI; Procurement and R&D departments should monitor materials and suppliers during the design phase and refrain from selecting manufacturers or models with limited supply.
  • Continuing mass production of new models at the Vietnam factory, deploying manufacturing engineers and quality control personnel for local management, expanding capacity, and facilitating the growth of local suppliers.
  • Reorganizing after fully allocating customer funds or completing mergers/acquisitions to minimize business uncertainty; monitoring customer financial reports and competitor intelligence (mergers and acquisitions/competition/new competition); being aware of customer inventory levels and sales status.
  • Initiated improvements to the Company’s after-sales maintenance system for customer service on January 1, 2024.

Supply Chain Management

Supplier Audits: 100% of new suppliers completed conflict minerals surveys.

Responsible Procurement
  • VIVOTEK Sustainable Supplier and Integrity Commitment
  • Supplier CSR Practices
  • Supplier Code of Conduct
  • Responsible Business Alliance (RBA) code of conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events such as cyclones and floods
  • Rising mean temperatures
  • Rising sea levels
Transition Risks
  • Carbon tax and related regulation
  • Uncertainty surrounding regulation and policies
  • Increased cost of raw materials
  • Renewable energy regulations
  • Change in customers’ supplier selection criteria
  • Requirement to decrease greenhouse indirect emissions from water and waste reduction
  • International sector agreements
  • Supplier emission reduction requirements
Opportunities
  • Using more efficient production and distribution processes
  • Recycling
  • Moving towards more efficient buildings
  • Using low-emission energy
  • Deploying renewable power
  • Implementing reward policies
  • Using new technology
  • Participating in carbon trading market
  • Exploring or expanding low-carbon products and services
  • Maintaining diversified operations
  • Adapting to evolving market demands
  • Creating new market partnerships
  • Exploring or expanding low-carbon products and services
  • Participating in renewable energy projects and energy efficiency improvements
  • Facilitating research and innovation of new products and services
  • Promoting substitutability and diversity of resources

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, UN Sustainable Development Goals (SDGs), SASB

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 14064-1:2018, ISO/IEC 27001:2013, IECQ QC080000:2017, TIPS, RBA Silver Status

Third-party Assurance: BSI, PwC Taiwan

UN Sustainable Development Goals

  • SDG 4
  • SDG 7
  • SDG 9
  • SDG 11
  • SDG 12
  • SDG 13
  • SDG 17

VIVOTEK aligns its product and service development direction with these SDGs, focusing on seven specific goals.

Sustainable Products & Innovation

  • Edge-computing facial recognition cameras
  • AI-based tempering detector (VAST Security Station)
  • Smart cloud surveillance services
  • VORTEX smart cloud-based security service

Awards & Recognition

  • One of the top 20 surveillance companies and top 12 global surveillance technology businesses by a&s International
  • Top 20 among the World’s Top 50 Surveillance Companies for Eleven Consecutive Years
  • One of Taiwan's Top 40 International Brands for four Consecutive Years
  • Taiwan's Best International Brand Potential Star