Keding Enterprises Co., Ltd.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Occupational Safety and Health
- Corporate Social Responsibility
- Sustainable Development
- Ethical Corporate Management
Environmental Achievements
- Reduced material usage in packaging by 70%
- Use of environmentally friendly, non-toxic, and recyclable materials
- All wood veneer products meet Grade F1 low-formaldehyde standards
- Obtained various eco-friendly marks and certifications (Green Building Material Mark, FSC, ISO 14001)
Social Achievements
- Implemented various employee welfare measures (labor insurance, health insurance, labor pension, birthday gifts, etc.)
- Established an open complaint-filing mechanism for employees
- Organized regular employee health checks and health-promoting activities
- Provided diversified training courses for employees (internal and external)
- Maintained a harmonious labor-management relationship
- Women account for 37% of total employees
Governance Achievements
- Established a Corporate Social Responsibility Promotion Task Force
- Formulated “Corporate Social Responsibility Regulations” and “Regulations for Ethical Corporate Management”
- Implemented an internal control system
- Established an Audit Committee and a Remuneration Committee
- Regularly conducted performance evaluations of the Board of Directors and its committees
- Appointed a Director of Corporate Governance
Climate Goals & Targets
Long-term Goals:
- Become the world’s largest healthy building materials brand
Medium-term Goals:
- Become the world’s largest healthy building materials brand
Short-term Goals:
- Upgrade hardware and software to maximize production capacity and quality
- Continue developing new indoor building materials
- Strengthen content marketing and promotion
- Expand into new international markets (Thailand, Vietnam, US, South Korea, Australia)
Environmental Challenges
- Global pandemic impact on end markets
- Rising raw material costs
- Fierce market competition
- Shortage of mid-level and top management
- Environmental pollution incident resulting in penalty
Mitigation Strategies
- Optimized operational soundness
- Expanded markets externally
- Actively sought new suppliers and negotiated prices
- Offered generous employee welfare measures and training
- Implemented process automation to reduce costs and improve efficiency
- Outsourcing dust-collection projects and purchasing stationary 3-state smoke-gas analyzers
Supply Chain Management
Responsible Procurement
- Purchase of raw materials from FSC-accredited log farms
- Comprehensive assessment of suppliers (quality, price, lead time, cooperation)
Climate-Related Risks & Opportunities
Opportunities
- Growing demand for green building materials
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, UNGC
Certifications: ISO 9001, ISO 14001, ISO 45001, FSC, Green Building Material Mark, Singapore Green Mark, Japanese F☆☆☆☆
Sustainable Products & Innovation
- ECO+ Panels
- KD Cabinets
Awards & Recognition
- Taiwan Excellence Award
- MIT Smile Products Mark
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Occupational Safety and Health
- Corporate Social Responsibility
- Ethical Corporate Management
- Sustainable Development
- Supply Chain Responsibility
Environmental Achievements
- Developed packaging film reducing material use by 70%
- Used environmentally friendly materials in wood flooring packaging
- Used environmentally friendly and non-toxic raw materials in all products
- All wood veneer products are Grade F1 low formaldehyde
- Promoted office paper saving and resource recycling
Social Achievements
- Established Employee Welfare Committee providing various benefits
- Provided equal maternity and paternity leave
- Offered internal and external training programs for employees
- Maintained a harmonious labor-management relationship
- Donated to various charitable causes and supported local farmers
Governance Achievements
- Established Audit Committee, Remuneration Committee, and Risk Management Committee
- Implemented a robust internal control system
- Complied with corporate governance best practice principles
- Provided a whistleblower reporting system
- Regularly conducted information security awareness training
Climate Goals & Targets
Long-term Goals:
- Sustainable operations and growth
Medium-term Goals:
- Become the world's largest brand in healthy building materials
Short-term Goals:
- Upgrade hardware and software equipment
- Continue to develop new products (ECO⁺ Laminates, ECO⁺ Flooring, KD Modular Cabinets)
- Enhance content marketing and promotion
- Expand global market presence
Environmental Challenges
- Shortage of mid-level and top management
- Fierce market competition
- Rising raw materials costs
- Market stereotypes about Laminates Panels
- Global economic slowdown due to the pandemic
Mitigation Strategies
- Offered generous employee welfare measures and training
- Improved production efficiency and product quality
- Actively sought new suppliers and negotiated prices
- Launched ECO⁺ Laminates addressing shortcomings of traditional Laminates
- Optimized operating performance and expanded markets
Supply Chain Management
Responsible Procurement
- Purchasing from FSC-certified forests
- Assessing suppliers on quality, price, lead time, and cooperation
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, UNGC
Certifications: ISO 9001, ISO 14001, ISO 45001, FSC™ COC, Japanese F☆☆☆☆, Green Building Material Mark, MIT Smile Mark, Singapore Green Mark
Sustainable Products & Innovation
- ECO⁺ Panels
- ECO⁺ Laminates
- KD Modular Cabinets
- KD Flooring
Awards & Recognition
- Taiwan Excellence Award
- MIT Smile Products Mark