Sercomm Corporation
Climate Impact & Sustainability Data (2020, 2022)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Employee Relations
- Corporate Governance
- Social Participation
Environmental Achievements
- Electricity consumption intensity decreased by 12% compared to 2019
- Water consumption intensity decreased by 10% compared to 2019
- Products are 100% conflict minerals free
- Effective reduction in VOCs unit emission by 40% (sites in China)
Social Achievements
- 100% of female employees returned to work for more than one year after childbirth
- Training hours increased by more than 1.8 times
- 98% of supervisors are local employees
- 15% of indirect personnel were promoted
Governance Achievements
- Established the Risk Management Policy and Procedures
- Obtained ISO 27001 certification for Information Security Management Systems
- Average attendance rate of 100% for all Directors in board meetings
Climate Goals & Targets
Environmental Challenges
- Global economic challenges due to international trade and COVID-19 pandemic
Mitigation Strategies
- Achieved better operational efficiency
- Expanded production capacity and flexibility by setting up new plants in the Philippines and India
- Implemented comprehensive COVID-19 prevention measures
Supply Chain Management
Supplier Audits: 70 suppliers audited, 100% pass rate
Responsible Procurement
- Responsible Business Alliance (RBA) code of conduct
- Supplier Corporate Social Responsibility Code of Conduct
- Green procurement system
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 14001, ISO 45001, ISO 27001
Third-party Assurance: PwC Taiwan
UN Sustainable Development Goals
- Goal 5: Gender equality
- Goal 8: Decent work and economic growth
- Goal 9: Industry, innovation and infrastructure
- Goal 12: Responsible consumption and production
Sercomm's actions match the company's sustainable actions with the goals of SDGs
Awards & Recognition
- "Most Outstanding Company in Taiwan–Small/Mid Caps Sector" (Asiamoney Magazine)
- "Most Honored Company", "Best CEO", "Best Investor Relations" (Institutional Investor Magazine)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environment
- Society
- Corporate Governance
Environmental Achievements
- Electricity Consumption Intensity Decreased by 34% Compared to 2021
- Water Consumption Intensity Decreased by 31% Compared to 2021
- Products are 100% Conflict Minerals Free
- Exhaust Volume Reduced Effective in Reducing VOCs Unit Emission by 40% (Sites In China)
- Waste recovery rate for 2022 was 73.1%
Social Achievements
- 94.1% of Sercomm’s supervisors are assumed by local employees
- 2022 LinkedIn Talent Award “Diversity Champion” Finalist (Taiwan)
- No major occupational disaster at any global location in 2022
- Global performance management implementation rate reached 92% in 2022
- Average training hours for people managers at the Taiwan headquarters: 15.7
Governance Achievements
- Established the “ESG Sustainability Committee” in May 2023
- Board of Directors’ performance evaluation resulted in an overall average score of “Excellent” in 2022
- 100% of new suppliers signed CSR documents in 2022
- Annual audits on 73 suppliers with 100% pass rate in 2022
- Implemented the Recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD)
Climate Goals & Targets
- Achieve net zero carbon emissions by 2050
- By 2025: renewable energy utilization rate of 8%
- By 2030: renewable energy utilization rate of 30% and carbon emission reduction of 45%
- By 2023: Achieve renewable energy utilization rate of 8%
Environmental Challenges
- Uncertainty in the business environment and an unstable supply chain
- Climate change risks (extreme weather, rising raw material costs, regulatory changes)
- Transition risks (greenhouse gas control, renewable energy regulations, low-carbon technology transformation)
Mitigation Strategies
- Developed global strategies to meet customer expectations
- Expanded telecom direct sales business
- Implemented greenhouse gas reduction plan, purchased green electricity, optimized energy efficiency
- Developed and implemented power-saving plan, installed solar panels
- Strengthened supply chain management and resilience
Supply Chain Management
Supplier Audits: 73 suppliers audited in 2022 (100% pass rate)
Responsible Procurement
- Compliance with RBA code of conduct
- Green product specifications
- Supplier sustainability requirements
- Conflict Minerals Policy
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Rise in average temperature
Transition Risks
- Greenhouse gas control and carbon taxes/fees
- Renewable energy regulations
- Low-carbon technology transformation
- Change in customer behavior
- Rising raw material costs
Opportunities
- Use of low-carbon technology
- Development or expansion of low-carbon products and services
- Increased demand for environmentally friendly products
- Proactive sustainable actions to attract customers’ attention
- Improving efficiency of production and distribution
Reporting Standards
Frameworks Used: GRI Standards, Core Option, UN Global Compact, SASB Index, TCFD
Certifications: ISO 14001, ISO 45001, ISO 27001, ISO 9001, TL9000
Third-party Assurance: PwC Taiwan
UN Sustainable Development Goals
- Goal 3: Good Health and Well-being
- Goal 5: Gender equality
- Goal 6: Clean Water and Sanitation
- Goal 8: Decent work and economic growth
- Goal 9: Industry, innovation and infrastructure
- Goal 12: Responsible consumption and production
- Goal 13: Climate action
- Goal 16: Peace, justice and strong institutions
Sercomm's initiatives align with these SDGs through various programs and policies related to employee well-being, gender equality, water conservation, sustainable operations, innovation, responsible sourcing, climate action, and ethical conduct.
Sustainable Products & Innovation
- Green products
- Energy-efficient products
Awards & Recognition
- Asia's Best Managed Companies
- Asia Best Telecommunications Company
- Best CEO
- Best Mid-Cap Company
- Most Committed to High Governance Best Standards
- Most Committed to Environmental Stewardship
- Best Investor Relations (FinanceAsia)
- iF DESIGN AWARD 2022
- LinkedIn Talent Award “Diversity Champion” Finalist (Taiwan)