禾昌興業股份有限公司
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:16,937 tCO2e/year (2022, unaudited)
Scope 1 Emissions:590 tCO2e/year (2022, unaudited)
Scope 2 Emissions:16,347 tCO2e/year (2022, unaudited)
Water Consumption:130,760 m3/year (2022)
Waste Generated:295.4 tons/year (2022)
Carbon Intensity:299 tCO2e/million NTD (2022)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced carbon emissions by 1% in 2024 (target), aiming for 2% reduction by 2025 (target). Implemented various energy-saving measures such as turning off lights during lunch breaks, maintaining air conditioning at 26 degrees Celsius, promoting paperless offices, and installing water-saving valves on faucets.
- Achieved ISO-14001 environmental management system certification.
Social Achievements
- Maintained harmonious labor-management relations with no major labor disputes.
- Provided various employee welfare measures, including employee compensation, performance bonuses, wedding/funeral allowances, group insurance, employee stock ownership trusts, and free employee lunches. Women comprised 42.35% of the workforce and 23.27% of management in 2022.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050 (aspirational)
Medium-term Goals:
- Achieve carbon emission reduction targets of 1% in 2024 and 2% in 2025 (relative to 2022).
Short-term Goals:
- Reduce water consumption by 10% by 2025 (target)
Environmental Challenges
- Market demand was conservative due to global inflation and rising interest rates, and supply chains continued to destock.
- Supply chain disruptions due to extreme weather events (e.g., Australian bushfires, droughts, and heavy rainfall).
- Rising raw material prices increasing product costs.
- Intense competition in the consumer electronics market leading to price pressure.
- Rising labor costs in mainland China.
Mitigation Strategies
- Cost control measures were implemented, resulting in increased gross profit margin.
- Developed alternative sourcing strategies.
- Reviewed product cost structures and specifications, optimized raw material usage, and adjusted product prices to reflect cost increases.
- Focused on key component integration with end customers to secure stable market share and profit.
- Implemented automation to replace manual assembly, provided incentives to improve worker efficiency, and outsourced low-value-added products or workstations.
Supply Chain Management
Supplier Audits: Annual audits conducted on qualified suppliers, categorized by risk level (A, B, C).
Responsible Procurement
- Use of qualified suppliers with a minimum of two suppliers for each key component (unless specified by the customer).
- Suppliers sign a restricted substance commitment letter.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (e.g., droughts, floods)
Transition Risks
- Regulatory changes (e.g., carbon taxes)
- Market shifts (e.g., consumer demand for low-carbon products)
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, UNGC
Certifications: ISO 14001, OHSAS 18001, IATF16949, ISO 9001:2015
Sustainable Products & Innovation
- Development of energy-efficient products