Climate Change Data

Kingston Technology Corporation

Climate Impact & Sustainability Data (2020, 2022)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:30573.45 tCO2e/year
Scope 1 Emissions:430.69 tCO2e/year
Scope 2 Emissions:30132.76 tCO2e/year
Renewable Energy Share:42% (in some areas)
Total Energy Consumption:1.77046848e+14 joules/year
Water Consumption:128.61 megaliters/year
Waste Generated:1013.09 tons/year
Carbon Intensity:0.00000133 tonnes CO2e (Scope 1), 0.00009329 tonnes CO2e (Scope 2)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Nearly eliminated water use in production processes at Taiwan and US facilities, using water only for sanitary purposes.
  • Solar panel installation at US facility (70% of energy needs upon activation).

Social Achievements

  • Implemented Employee Suggestion Program (ESP) and Employee Forum for communication and continuous improvement.
  • Provided benefits such as life insurance, healthcare, disability coverage, parental leave, and retirement provisions to full-time employees.

Governance Achievements

  • Established a Corporate Social Responsibility Management Committee (CSRMC) and Environmental Health and Safety (EHS) management committee to oversee ESG topics.
  • Implemented ISO 14001 and ISO 45001 management systems.

Climate Goals & Targets

Environmental Challenges

  • Short-term: Drought conditions in Taiwan and the US.
  • Mid-term: Air quality issues in China.
  • Long-term: Rising sea levels.
Mitigation Strategies
  • Reduced water consumption in production processes.
  • Focused on energy efficiency and renewable energy sources in China.
  • Implemented solar panel installation and explored further climate change reduction activities.

Supply Chain Management

Supplier Audits: 3

Responsible Procurement
  • RBA Code of Conduct
  • Supplier vetting process

Climate-Related Risks & Opportunities

Physical Risks
  • Rising sea levels
Transition Risks
  • Non-renewable energy reliance
Opportunities
  • Development of energy-efficient products
  • Renewable energy sources

Reporting Standards

Frameworks Used: GRI Standards: In accordance – Core

Certifications: ISO 14001, ISO 45001, ISO/IEC 27001

Third-party Assurance: SGS (for auditing requirements)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:76,068.33 tCO2e/year
Scope 1 Emissions:1,387.03 tCO2e/year
Scope 2 Emissions:14,517.00 tCO2e/year
Scope 3 Emissions:61,164.30 tCO2e/year
Renewable Energy Share:18% (projected after solar panel activation)
Total Energy Consumption:47,382.66 MWh/year
Water Consumption:137.84 ML/year
Waste Generated:1166.9 tons/year

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Achieved 100% renewable energy at UK site
  • 97% renewable energy from solar panels at corporate headquarters (manufacturing facility)
  • Reduced single-use coffee cups by 40%
  • Reduced paper usage by 73% compared to pre-COVID period
  • Recycled 250 tons of corrugate (cardboard) globally
  • Diverted 782 metric tons of recycling from the landfill globally

Social Achievements

  • Implemented employee well-being programs (onsite gym, 401k matching, healthcare options)
  • Offered various training and education programs (tuition reimbursement, certified courses, on-the-job training)
  • Maintained high employee retention rates after parental leave (94% male, 88% female)
  • Donated over $400,000 USD through monetary and in-kind donations
  • Employees volunteered over 1300 hours, supporting over 30 community organizations and impacting over 2900 individuals globally

Governance Achievements

  • Established a governance body comprised of 64% females
  • Implemented ISO 45001 occupational health and safety management system
  • Implemented anti-corruption policies

Climate Goals & Targets

Long-term Goals:
  • Achieve zero waste to landfill for hazardous waste by 2030
Medium-term Goals:
  • Achieve 90% recycling rate (reuse, recycling, recovery) for non-hazardous waste by 2030
Short-term Goals:
  • Develop 100% of packaging to be recyclable or reusable by 2025
  • Achieve 25% of electricity drawn from renewable sources by 2030

Environmental Challenges

  • Reducing Scope 3 emissions (significant contributions from transportation)
  • Minimizing waste generation and maximizing resource efficiency
  • Three critical concerns communicated to the highest governance body (details not specified)
Mitigation Strategies
  • Global implementation of energy audits to identify and address energy inefficiencies
  • Upgrading recycling program and implementing waste diversion strategies
  • Externally verified corrective action plan to resolve critical concerns

Supply Chain Management

Supplier Audits: 4 audits conducted, 138 suppliers assessed

Responsible Procurement
  • RBA Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 45001