Climate Change Data

Sino-American Silicon Products Inc.

Climate Impact & Sustainability Data (2016, 2020, 2021)

Reporting Period: 2016

Environmental Metrics

Total Carbon Emissions:100,833 tCO2e/year
Scope 2 Emissions:99%
Scope 3 Emissions:1%
Renewable Energy Share:1.70%
Total Energy Consumption:885,406,896 MWh/year
Water Consumption:1,529,000 m3/year
Waste Generated:8,096 tons/year

ESG Focus Areas

  • Corporate Governance
  • Economic Performance
  • Environmental Sustainability
  • Social Care and Concern

Environmental Achievements

  • Conserved 3,255,514 kWh of power in 2016.
  • Recycled 774,125 metric tons of water.
  • Reduced propylene glycol usage by 2.77% and lactate by 50.6%.
  • Reduced packing material usage by 10,136 kg.
  • Achieved a power conservation rate of >1% in each plant.
  • Process water recycling rate >85%.

Social Achievements

  • Maintained zero labor-management conflicts.
  • Zero deficiencies detected in labor audits.
  • Reduced occupational accident rate by 50%.
  • Conducted employee interviews to show care and concern (>10 employees per month).
  • 100% tracking of special groups and abnormal findings during health checks.
  • 100% implementation rate of educational training and emergency response drills.

Governance Achievements

  • Ranked in the top 5% of all listed OTC companies in three consecutive corporate governance appraisals.
  • Implemented transparent governance.
  • Revised board self-evaluation guidelines.
  • Disclosed board performance assessment results on the corporate website.
  • Maintained zero corruption.

Climate Goals & Targets

Medium-term Goals:
  • Active search for up- and downstream cooperation opportunities and business models to expand the business scope and ensure sound development in the long run.
  • Involvement in the solar power plant industry and accelerated expansion of the strategic global deployment of solar power plants to expand downstream export sales and ensure long-term stable returns, cash revenue, and stable growth of operating revenues.
  • Maintenance of the company's leadership position in PERC mono cells efficiency, increase of production capacity and quality of highly efficient PERC multi cells, and vertically integrated customer services to increase the willingness of customers to use different products.
  • Establishment of a corporate culture characterized by business integrity and implementation of a sound corporate governance system to achieve the goal of sustainable growth.
Short-term Goals:
  • Continued commitment to the development of innovative technologies and quality enhancement, full satisfaction of customer demands, provision of comprehensive services, maintenance of stable growth, and sharing of operating results with shareholders, customers and employees.

Environmental Challenges

  • Unreasonably low product prices due to disappearing anti-dumping duties, end of new installations in China, and decreasing global demand for solar cells.
  • Global solar energy market exhibiting sluggish growth due to declining installed capacity, supply exceeding demand, and rapid political and economic changes.
Mitigation Strategies
  • Cost reduction and accelerated launch of new-generation highly efficient products.
  • Selective order acceptance, production cuts and inventory adjustment, thorough cost reduction, and effective control of expenditures.
  • Expansion of solar power generation systems and installation of domestic power plants.
  • Vertical integration of group resources to strengthen downstream export sales.

Supply Chain Management

Supplier Audits: 114 suppliers, 79 Taiwanese suppliers (70% of all suppliers)

Responsible Procurement
  • Green procurement concepts, compliance with RoHS and WEEE regulations, no conflict minerals.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather patterns (droughts, floods)
Transition Risks
  • Energy cost hikes (electricity fee increases, carbon taxes, energy taxes)
Opportunities
  • Enhancement of energy efficiency, development of clean energy sources, promotion of energy conservation improvement initiatives, development of new green business models and carbon reduction through national and international cooperation.

Reporting Standards

Frameworks Used: GRI G4 Core Option

Certifications: ISO 9001:2015, ISO 14001:2015, OHSAS 18001

Third-party Assurance: DNV GL (Moderate level assurance)

Sustainable Products & Innovation

  • High-performance solar energy product series featuring cutting-edge technologies.

Awards & Recognition

  • Excellence Award at the 12th Industrial Technology Advancement Awards (2004)
  • Outstanding Contribution Award (2010)
  • Employment Contribution Award (2010)
  • A+ rating in the 12th Information Disclosure Evaluation (2015)
  • Ranked in the top 5% of all listed OTC companies in the 1st Corporate Governance Appraisal (2015)
  • Ranked in the top 5% of all listed OTC companies in the 2nd Corporate Governance Appraisal (2016)
  • Laudise Prize (2016)
  • Golden Energy Award (2016)
  • TPEx Golden Laurel Award (2011)
  • Outstanding Innovative Enterprise Award (2008)
  • R&D Achievement Award (2011)
  • Silicon Innovation Award (2012)
  • Gold award for most representative merger & acquisition (2012)
  • Listed as one of the TOP 50 public Taiwanese companies in US patent value (2013)
  • A rating in the 12th Information Disclosure Evaluation (2014)
  • Golden Laurel Award for market value contributions (2014)
  • Golden Laurel Award for employment promotion (2014)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:36,839 tCO2e/year
Total Energy Consumption:2,195,898 kWh/year

ESG Focus Areas

  • Environmental Protection
  • Occupational Safety and Health
  • Corporate Governance
  • Employee Welfare

Environmental Achievements

  • Reduced CO2 emissions by 1,117.7 kgCO2e through energy-saving measures.
  • Recycled raw materials used in polycrystalline silicon ingot reached 31.1%
  • Zero output of waste cutting sludge and sandblasting waste from Chunan Branch.
  • Total grid-connected operation capacity of solar power generation system reached 11,649.335KW, estimated carbon reduction of 92,904.85 tons of CO2 emissions.

Social Achievements

  • Established Employee Caring Program to improve employee welfare.
  • Held various public welfare activities, including blood donation, charity donations, and beach cleaning.
  • Provided diversified training courses for employee development.

Governance Achievements

  • Consistently ranked among the top 5% of TPEx Listed Companies in Corporate Governance Evaluation.
  • Established Nomination Committee.
  • Implemented robust risk management policies and procedures.

Climate Goals & Targets

Long-term Goals:
  • Establish a fully integrated supply chain and become the world's provider of green energy solutions.
Medium-term Goals:
  • Actively seek the blue ocean market and develop niche application market.
  • Shift from a pure manufacturer to a diversified energy applications and services supplier.
Short-term Goals:
  • Develop large size ultra-high efficiency mono-Si solar cell technology.
  • Develop ultra-high efficiency mono-si bi-facial solar cell technology.

Environmental Challenges

  • Impacts from COVID-19 pandemic, including supply chain disruptions and project deferrals.
  • Tight supply of raw materials due to an occupational safety incident in a major supplier.
  • New land policies imposed by the Council of Agriculture that stalled domestic land solar energy projects.
  • Market competition and oversupply.
Mitigation Strategies
  • Adjusted capacity, lowered inventory, and adjusted product mix.
  • Actively grabbed the domestic market and enhanced operating plans for reinvestments.
  • Strengthened R&D links with downstream customers and developed efficient niche products.
  • Explored downstream system business and strengthened vertical integration.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct and Supplier Commitment

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Changes in government policies and regulations
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001, ISO 45001

Third-party Assurance: DNV GL Business Assurance Co., Ltd.

Sustainable Products & Innovation

  • High-efficiency mono-Si solar cells
  • High-quality multi-crystalline silicon materials

Awards & Recognition

  • Top 5% of TPEx Listed Companies in Corporate Governance Evaluation (2020)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:73,306.873 tCO2e/year (Chunan) and 330,066.340 tCO2e/year (Yilan)
Scope 1 Emissions:296.615 tCO2e/year (Chunan) and 1,721.059 tCO2e/year (Yilan)
Scope 2 Emissions:23,015.56 tCO2e/year (Chunan) and 18,257.555 tCO2e/year (Yilan)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:1,944,173 kWh/year (Chunan & Yilan)
Water Consumption:131,159 tons/year (Chunan) and 235,042 tons/year (Yilan)
Waste Generated:561.16 tons/year (Chunan) and 2,011.64 tons/year (Yilan)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Protection
  • Social Responsibility
  • Corporate Governance

Environmental Achievements

  • Chunan Plant obtained Green Building Label Diamond Grade and Green Factory Label
  • Reduced carbon emissions (quantified data available in the report but not easily extractable in a concise format)
  • Improved water quality in Yilan Branch (COD<200 mg/L, SS<150 mg/L, Nitrate Nitrogen < 40 g/L)
  • Achieved 50% wastewater reclamation in Chunan Branch

Social Achievements

  • Launched Employee Caring Program (ECP)
  • Implemented various employee welfare measures (festival bonuses, birthday gifts, etc.)
  • No death, occupational disease, or major occupational disasters in 2021
  • Female staff accounted for 27% of all employees, and female managers accounted for 32% of all management in 2021

Governance Achievements

  • Ranked among the top 5% of TPEx Listed Companies in the 8th Corporate Governance Evaluation
  • Established Cyber Security Division
  • Established and implemented ethical corporate management policies and programs
  • Implemented robust internal control system

Climate Goals & Targets

Long-term Goals:
  • Achieve 100% renewable energy utilization before 2050
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Achieve 100% renewable energy utilization before 2050 in stages

Environmental Challenges

  • Sharp rise in upstream material prices due to labor and material shortage and the Chinese government's Dual Control System
  • Uncertainties of geopolitics and tariff barrier policies
  • Land availability limitations in Taiwan for solar power plant construction
  • Climate-related risks (not explicitly listed but implied in the discussion of climate change)
Mitigation Strategies
  • Developed alternative sourcing strategies
  • Accelerated the development of strategic customers and new products
  • Accelerated the integration of downstream system power stations
  • Established new energy strategy and opportunity development workforce
  • Exploring alternative solar power plant construction methods (aquavoltaics, agrivoltaics)

Supply Chain Management

Supplier Audits: Regular audits

Responsible Procurement
  • Supplier Code of Conduct
  • Supplier Commitment Letter
  • Compliance with RBA standards

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001, ISO 45001, ISO 50001

Third-party Assurance: DNV GL Business Assurance Co., Ltd.

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • High-efficiency mono-Si solar cells
  • Large-size ultra-high efficiency mono-Si solar cells

Awards & Recognition

  • Top 5% of TPEx Listed Companies in the 8th Corporate Governance Evaluation