Climate Change Data

Fineline Global PTE. Ltd

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:363.63 tCO2 (location-based), 368.64 tCO2 (market-based) + 252,103.19 tCO2 (Scope 3)
Scope 1 Emissions:221.18 tCO2e
Scope 2 Emissions:142.45 tCO2e
Scope 3 Emissions:252,103.19 tCO2e
Total Energy Consumption:4069.61 GJ

ESG Focus Areas

  • Sustainable Supply Chain
  • Product Quality
  • Ethics and Integrity
  • Employee Relations
  • GHG Management

Environmental Achievements

  • Quantified Scope 1 and Scope 2 GHG emissions in 2023 and extended this effort to include Scope 3 emissions in 2023, involving key suppliers. Established decarbonisation trajectories to reduce Scope 1 and 2 emissions in 2024.
  • Implemented various energy-saving measures across different locations (e.g., LED lighting, motion sensors, hybrid/electric vehicles).
  • Improved waste management practices across offices (e.g., waste separation, reduced paper usage).

Social Achievements

  • All employees completed online Workplace Harassment Prevention course.
  • Implemented a global Occupational Health Prevention Program, including annual medical exams.
  • Launched a global mentorship program.
  • Conducted a company-wide employee satisfaction survey with high participation rates and acted on feedback.
  • Implemented various team-building activities across different locations.

Governance Achievements

  • No incidents of corruption, anti-competitive behavior, discrimination, customer privacy breaches, cybersecurity incidents, or significant non-compliance with laws and regulations reported in 2023.
  • Established a Whistleblowing Policy in the UK.
  • Implemented a three-level approach to integrate sustainability issues into the selection, evaluation, and monitoring process of PCB suppliers.

Climate Goals & Targets

Medium-term Goals:
  • Reduce Scope 1 and 2 emissions by at least 42% by 2030 (compared to 2022 baseline).
  • Reduce Scope 3 emissions by at least 25% by 2030 (compared to 2022 baseline).

Environmental Challenges

  • Supply chain disruptions (implied due to global events and the need for resilient supply chains).
  • Insufficient information about the specifications of all the PCBs purchased by Fineline for accurate Scope 3 emissions calculation.
  • Lack of a global official portal for employee reporting, complaints, or feedback.
Mitigation Strategies
  • Developed alternative sourcing strategies (implied by expanding supply chain to Southeast Asia).
  • Used a combination of primary and secondary data for Scope 3 emissions calculation, employing a precautionary approach.
  • Encouraged employees to share information through various people-centric approaches (quarterly meetings, dedicated personnel manager, weekly internal meetings).

Supply Chain Management

Supplier Audits: 13 audits in 2023 and 2024 YTD in Europe; 14 audits completed in 2023, 14 planned for 2024 in China. 15 on-site audits planned for Chinese suppliers in 2024.

Responsible Procurement
  • Supplier Code of Conduct encompassing ESG topics (revised in 2023 with focus on labour rights and health and safety).
  • Sustainable procurement process considering sustainability criteria.
  • Monitoring of ISO 9001 and ISO 14001 certifications (96% and 91% respectively in 2023).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001:2015 (China, Germany, Israel, Italy, Spain)

UN Sustainable Development Goals

  • Goal 8: Decent Work and Economic Growth
  • Goal 12: Responsible Consumption and Production
  • Goal 13: Climate Action

Fineline's commitment to employee well-being, sustainable supply chain practices, and GHG emission reduction aligns with these SDGs.