Climate Change Data

Environmental Metrics

ESG Focus Areas

• Greenhouse Gas Reduction
• Renewable Energy
• Sustainable Products
• Corporate Social Responsibility
• Shareholder Rights
• Information Transparency

Environmental Achievements

• Installation of the largest solar power generation system in Nantou in 2017
• Development of low-carbon, green energy and recyclable products (Inflatable Rubber Dam and Wave Power Sheet)
• Implementation of net-zero carbon reduction plan including fuel conversion, application of low-carbon materials, energy-efficient power replacement, application of new energy sources, waste recycling and regeneration, development of eco-friendly fibers, improvement of thermal energy efficiency, and negative carbon investment

Social Achievements

• Subsidies for students
• Relief provisions in three festivals
• Contributions to domestic and overseas disaster relief
• Support for senior citizens living alone
• Sponsorship of community events
• NTD$30 million financial support during COVID-19
• Year-end bonus, new project bonus, special contribution bonus
• Company trips, family day
• Scholarships for on-the-job training and employees' children
• Company restaurant
• Discounted products with cooperated business companies
• Company uniforms
• Annual employee health checks
• Workplace health promotion

Governance Achievements

• Enhancement of information transparency
• Promotion of shareholder rights

Climate Goals & Targets

Environmental Challenges

• Rapid development of the wind power industry leading to increased waste of thermoset carbon fiber composite materials
• Large amounts of existing composite waste

Mitigation Strategies

• Development of recyclable carbon fiber thermoplastic composites

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Development of renewable energy products

Sustainable Products & Innovation

• Eco-friendly hot-press cushion pad
• Carbon Fiber Thermoplastic Composites
• Inflatable Rubber Dam
• Wave Power Sheet

Awards & Recognition

• The 63rd iENA Gold and Silver Award (2011)
• Agricultural Construction Award (from COA)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Responsibility
• Governance

Environmental Achievements

• Established the largest solar power generation system in Nantou in 2017
• Won first place in the national industrial park greening in 2012
• Implemented ISO 50001 energy management system in 2024
• Developing low-carbon, green energy, and recyclable products (rubber dams, ocean pollution barriers, and ocean buoys)

Social Achievements

• Adoption of underprivileged children
• Provided NT$30 million in relief funds during the COVID-19 pandemic
• Employee benefits (bonuses, travel, scholarships, etc.)

Governance Achievements

• ISO 9001, ISO 14001, and ISO 45001 certifications
• Public listing in 2010

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Low-carbon, green energy, and recyclable products (rubber dams, ocean pollution barriers, and ocean buoys)

Awards & Recognition

• 2011 63rd Nuremberg International Invention Fair Gold Medal

Environmental Metrics

ESG Focus Areas

• Carbon Reduction
• Sustainable Products
• Circular Economy

Environmental Achievements

• Developed environment-friendly cushioning pads from recyclable materials
• Developed thermoplastic composite material with high temperature resistance, high strength, and recyclability

Social Achievements

• Appropriated 2% of pre-tax net profit (NT$10,675,157) as employees’ remuneration
• Actively cultivating and establishing its talent pool, conducting employee training, implementing employee performance appraisal and evaluation, and improving employee satisfaction

Governance Achievements

• Financial statements audited by PricewaterhouseCoopers Taiwan and reviewed by the Audit Committee

Climate Goals & Targets

Environmental Challenges

• Decline in net operating income due to global economic slowdown, rising interest rates, and the Russia-Ukraine conflict
• Sharp fall in ocean freight stock prices resulting in unrealized evaluation loss

Mitigation Strategies

• Developed products with high added value to improve gross profit and operating income
• Disposed of all non-operating investments in 2022

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Environment-friendly cushioning pads
• Thermoplastic composite material

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Sustainable Development
• Ethical Corporate Management
• Human Rights
• Employee Well-being

Environmental Achievements

• Equipped plants with solar panels, with a total capacity of 1,000 kilowatts and an average annual output of at least 1.2 million kilowatt hours (2017)
• Developed the world’s lightest and environment-friendly recyclable thermoplastic suitcase (2018)
• Actively develops green energy products and entrusts qualified recycling manufacturers to recycle waste (2023)
• Implemented plans for the introduction of the IS050001 energy management system and ISO14064-1 organizational carbon inventory (2024)

Social Achievements

• Long-term support for 10 children from disadvantaged families (ongoing)
• Long-term support of funding for Nantou County Police Friendly Association, Nantou County Volunteer Police Fire Brigade, and family support center (ongoing)
• Sponsored Taiwan Small Hydropower Alliance Forum and Kanu typhoon disaster relief workers (2023)
• Provides employees with a welfare system including regular employee discussions, employee family days, and provision of cultural and recreational activities, health examination and medical consultation (ongoing)

Governance Achievements

• Established the Audit Committee in 2021
• Formulated and disclosed corporate governance best practice principles
• Implemented measures for the performance evaluation of the Board of Directors
• Designated Manager Lin, Chiu-Hung as the corporate governance supervisor

Climate Goals & Targets

Environmental Challenges

• Increasingly fierce price competition among industry peers and rising cost of raw materials
• Slowdown of global economic growth due to interest rate hikes and the Russo-Ukrainian War, resulting in decreased demand
• Fluctuation in raw material prices (rubber and cloth)
• Exchange rate changes impacting export profits

Mitigation Strategies

• Product differentiation to avoid vicious price competition and improve added value
• Optimizing product portfolio to maintain gross profit margin
• Controlling expenses and leveraging decreased export sea freight costs
• Actively searching for rubber suppliers directly from producing countries
• Researching rubber raw materials and cooperating with upstream gluing plants
• Implementing foreign exchange hedging strategies and natural hedging through foreign currency transactions

Supply Chain Management

Responsible Procurement

• Requires suppliers to follow relevant measures and comply with environmental, safety, health, and human rights policies

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products

Sustainable Products & Innovation

• Green energy conveyor belts
• Energy-saving conveyor belts
• Super heat-resistant and oil-resistant conveyor belts
• Wear-resistant and fire-resistant conveyor belts
• Thermoplastic composite material plates

Awards & Recognition

• CNS Mark (1985)
• Excellent Import and Export Manufacturer (1986)
• National Model of Child Care Award (ongoing)
• 29th Central Region Outstanding Manager Award (2023)