CHICONY ELECTRONICS
Climate Impact & Sustainability Data (2020-2022, 2022, 2Q23)
Reporting Period: 2020-2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Diversity & Inclusion
- Governance
Environmental Achievements
- Scope 1+2 emission target: 56.8% reduction
- Scope 3 emission target: 44.2% reduction
- Introduce the use of PCR (post-consumer recycled) plastics and FSC certified materials: PCR content of products that use PCR plastics during manufacturing can reach 70% to 75%; More than 95% of packaging material content is FSC certified materials.
- Reduce product energy consumption: Take camera module for example, through DSP/backend IC process revision, the overall power consumption has roughly dropped from 1 W to 0.85 W, a reduction of 15%.
Social Achievements
- In 2022, the percentage of Chicony Electronics' worldwide female employees was 57.22%
- The percentage of female managerial personnel was 14.25%
Governance Achievements
- Officially approved by SBTi in September 2022
- Sustainalytics ESG Risk Rating improved from 21.9 to 14.3, moving from medium risk to low risk
- Join RE100
- Board Composition: 8 members, 37.5% independence, 12.5% female directors (a 2% increase compared to 2021)
Climate Goals & Targets
Long-term Goals:
- Net Zero by 2050
Medium-term Goals:
- 100% renewable energy by 2030
Supply Chain Management
Responsible Procurement
- Use of PCR plastics and FSC certified materials
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Science-Based Targets initiative (SBTi)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Governance
- Social Responsibility
Environmental Achievements
- Officially approved Science-Based Targets (SBT) in September 2022 with Scope 1+2 emission target of 56.8% reduction and Scope 3 emission target of 44.2% reduction
- Achieving Climate Change Management Level of CDP
- Invested US$15 Million in SMBC Green Deposit to fund development of renewable energy, resource efficiency & pollution prevention and control, clean transportation, and green buildings
Social Achievements
- Included in TWSE’s "Taiwan High Compensation 100 Index"
- Selected as a constituent of "TIP Taiwan Market CSR Small/Mid-Cap Index"
- Received Enterprise Classic Award, Woman Power Award and Outstanding Classic Award from New Taipei City Government
Governance Achievements
- Listed in TWSE’s "Taiwan Sustainability Value Index"
- Included in FTSE4 Good Index
- Ranked among top 6~20% in the 2022 review of corporate governance of TWSE-listed companies
- Signed the NT$300 Million 3-year Sustainability-linked Loan with E.Sun Bank to promote sustainable development and a greener future
- Signed Sustainable Development Advocacy with E.Sun Bank to fulfill ESG principles, promote SDGs and exert influence
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: CDP, Science Based Targets initiative (SBTi)
Awards & Recognition
- Enterprise Classic Award
- Woman Power Award
- Outstanding Classic Award
Reporting Period: 2Q23
Environmental Metrics
ESG Focus Areas
- Climate Change
- Sustainability
Environmental Achievements
- Officially approved Science-Based Targets by SBT in September 2022: Scope 1+2 emission target: 56.8% reduction; Scope 3 emission target: 44.2% reduction
- Committed to Net Zero emissions by 2050
- Achieving Climate Change Management Level of CDP
- Selected as one of Business Weekly’s Top 100 Carbon Competitiveness Companies
- Received TCSA Taiwan Corporate Sustainability Report Award-Electronic Information Manufacturing Industry Bronze Award
- Awarded Certificate of 1.5 ℃ Temperature Control Target for Compliance with the Paris Climate Agreement
Social Achievements
- Signed Sustainable Supply Chain Financing Program with Taipei Fubon Commercial Bank
- Participated Taiwan Climate Partnership
- Invested US$15 Million in SMBC Green Deposit
- Signed the NT$300 Million 3-year Sustainability-linked Loan with E.Sun Bank
- Signed Sustainable Development Advocacy with E.Sun Bank
Governance Achievements
- Included in TWSE Corporate Governance 100 Index, TWSE’s "Taiwan High Compensation 100 Index", TWSE’s "Taiwan Sustainability Value Index", "TIP Taiwan Market CSR Small/MidCap Index", and FTSE4 Good Index
- Ranked among top 6~20% in the 2022 review of corporate governance of TWSE-listed companies
- Received Enterprise Classic Award, Woman Power Award and Outstanding Classic Award from New Taipei City Government
Climate Goals & Targets
Long-term Goals:
- Net Zero emissions by 2050
Medium-term Goals:
- Scope 1+2 emission target: 56.8% reduction by 2030
- Scope 3 emission target: 44.2% reduction by 2030
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Science Based Targets initiative (SBTi)
Awards & Recognition
- Enterprise Classic Award
- Woman Power Award
- Outstanding Classic Award from New Taipei City Government
- TCSA Taiwan Corporate Sustainability Report Award-Electronic Information Manufacturing Industry Bronze Award