Foxtron Vehicle Technologies Co., Ltd.
Climate Impact & Sustainability Data (2023, 2024-01 to 2024-06)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1108.956 tCO2e
Scope 1 Emissions:170.5341 tCO2e
Scope 2 Emissions:938.4218 tCO2e
Renewable Energy Share:0%
Carbon Intensity:0.1646 and 0.9056 ton-CO2e per million dollars
ESG Focus Areas
- Governance
- Environmental
- Social
Environmental Achievements
- Introduced a climate risk and opportunity identification mechanism in 2023.
- Gradually phasing out gasoline official vehicles, replacing them with electric vehicles by 2024.
- Implementing energy-saving measures such as energy-saving lighting and time switches for air conditioning.
- Promoting waste reduction at the source and strengthening waste classification and recycling.
- Following the Greenhouse Gas Protocol (GHG Protocol) for greenhouse gas inventory and obtaining external assurance.
Social Achievements
- Established and implemented reasonable employee welfare measures.
- Established an occupational safety and health plan with a goal of zero disasters, zero occupational diseases, and zero accidents.
- Conducted safety and health training for 552 person-times in 2023.
- Established a “Regulation for Establishing Measures of Prevention, Correction, Complaint and Punishment of Sexual Harassment at Workplace” and a Complaint Handling Committee.
- Complying with relevant laws and international standards in providing products and services, and prioritizing customer data confidentiality.
Governance Achievements
- Established a “Sustainable Development Promotion Office” under the CEO Office to promote sustainable development.
- Adopts a three lines of defense in internal control as a risk management mechanism.
- Preparing Sustainability Reports in accordance with the Global Reporting Initiative (GRI) Standards and obtaining third-party assurance from PwC Taiwan.
Climate Goals & Targets
Environmental Challenges
- Climate change risks and opportunities.
- Occupational disasters (13 in 2023).
Mitigation Strategies
- Established a “Sustainable Development Office” to oversee climate change governance issues.
- Introduced a climate risk and opportunity identification mechanism.
- Implementing the Greenhouse Gas Protocol for greenhouse gas inventory and obtaining external assurance.
- Conducting accident investigations to identify causes and strengthen safety training to reduce similar accidents.
Supply Chain Management
Responsible Procurement
- Prioritizing purchase of environmentally friendly products and services.
- Implementing green procurement standards and management systems.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards, UN Sustainable Development Goals (SDGs), TCFD framework
Third-party Assurance: PwC Taiwan
Reporting Period: 2024-01 to 2024-06
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- All products are environmentally friendly and carbon-emitting.
- Achieve net zero emissions by 2050
Social Achievements
- Since the implementation of the human rights policy, no labor cases have occurred.
- Accumulated 1,352,744 disaster-free working hours.
Governance Achievements
- Obtained ISO 9001 and ISO 26262 certification.
- Establish a sustainable development promotion office.
- The board of directors, audit committee, and salary and remuneration committee are held regularly.
Climate Goals & Targets
Long-term Goals:
- Achieve net zero emissions by 2050