AVISION INC.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental protection
- Safety and health
- Social welfare
- Human rights
- Corporate governance
Environmental Achievements
- Obtained ISO 14001:2015 certification for environmental management system.
- Obtained CNS(ISO) 45001:2018 certification for occupational safety and health management system.
- No record of violation of environmental protection laws for 2021 and 2022.
- Promotes "Green Purchase" and product certifications (Green Mark, Energy Star).
Social Achievements
- Periodic donations to Boyo Social Welfare Foundation.
- Participation in social community services (e.g., "Life Saving by Shoe Selling").
- Organization of social welfare events (e.g., blood donation, health promotion).
- Employment of disabled employees in compliance with the People with Disabilities Rights Protection Act.
- Consecutive national holidays with no overtime work.
Governance Achievements
- Established independent directors, Audit Committee, and Compensation and Remuneration Committee in 2015.
- Regularly implemented assessments on the independence of CPAs.
- Published corporate governance best practice principles on the company website.
- Established internal rules against insider trading.
Climate Goals & Targets
Long-term Goals:
- Become a world-class leading manufacturer in the scanner industry.
Medium-term Goals:
- Become a leading manufacturer of smart printers in Greater China.
Short-term Goals:
- Increase revenue and eliminate deficits in 2023.
- Deepen customer relationships and establish partnerships.
- Expand into new markets and acquire new customers.
- Actively deploy distribution channels.
Environmental Challenges
- Accumulated deficits in 2021 and 2022.
- Sales drop in China in Q4 2022 due to anti-pandemic restrictions.
- Competition in the scanner and multi-function printer market.
Mitigation Strategies
- Actively developing high-margin printer markets and managing risks.
- Exploring markets in Europe and the US.
- Improving supply chain management.
- Optimizing asset and liability management.
- Implementing energy-saving and carbon reduction policies.
- Following relevant environmental protection, safety, and health regulations.
Supply Chain Management
Responsible Procurement
- Green Purchase
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Certifications: ISO 9001, ISO 14001:2015, CNS(ISO) 45001:2018
Third-party Assurance: PwC Taiwan
Sustainable Products & Innovation
- Smart photocopy machine
- Upgraded document/image scanners
- Production scanner
Awards & Recognition
- 2020 Taiwan Excellence Award (AP30 printer)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:838.547 tCO2e/year (2023)
Scope 1 Emissions:84.594 tCO2e/year (2023)
Scope 2 Emissions:753.953 tCO2e/year (2023)
Carbon Intensity:2.68 tonCO2e/million NTD (2023)
ESG Focus Areas
- Environmental protection
- Safety and health
- Social welfare
- Human rights
- Corporate governance
- Sustainable development
Environmental Achievements
- Achieved a 2% reduction in the current year's carbon dioxide equivalent emissions (Scope 1 and Scope 2) compared to the previous year.
- Obtained ISO 14001:2015 certification for environmental management system.
- Obtained CNS(ISO) 45001:2018 certification for occupational safety and health management system.
- 15 valid Green Mark product certifications obtained.
Social Achievements
- Annual donations to the Avision Faith and Love Fund Charity Trust Account.
- Irregular social welfare service events (e.g., blood donation).
- Promotion of green environmental protection, waste classification and environmental symbiosis.
- Employment of disabled employees in compliance with the People with Disabilities Rights Protection Act.
- Organized 457 hours of educational training for employees.
Governance Achievements
- Established independent directors, Audit Committee, and Compensation and Remuneration Committee in 2015.
- Implemented the “Board of Directors Self-review or Peer Review Guidelines” since 2020.
- Established the “Ethical Corporate Management Best Practice Principles”, published on the company website.
- Established a report acceptance unit to handle unethical cases.
Climate Goals & Targets
Short-term Goals:
- Increase revenue and turn losses into profits in 2024.
- Reduce carbon dioxide emission equivalents (Scope 1 and Scope 2) by 2% annually for five consecutive years starting from 2021.
- Reduce annual electricity consumption by 1.5% annually for five consecutive years starting from 2021.
Environmental Challenges
- Sluggish economy after the epidemic, leading to a decline in sales.
- Subdued demand for general products and delayed equipment replacement by end customers due to global economic shocks (inflation, energy costs).
- Continued losses in 2023.
Mitigation Strategies
- Proactive market expansion efforts in North Asia, Eastern Europe, and the Middle East.
- Introduction of advanced products (high-speed scanners, high-speed printers).
- Gradually increasing the production ratio of the Hsinchu Plant.
- Developing the market of high gross margins for printers and managing risks properly.
- Exploring markets for printers in Europe, North Asia, the Middle East, and the US.
- Improving supply chain management.
- Better management of corporate assets and liabilities.
Supply Chain Management
Responsible Procurement
- Green Purchase
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (typhoons, floods)
Transition Risks
- Low-carbon goods replacing existing products and services
Opportunities
- Development of energy-efficient products
- Participation in renewable energy projects
Reporting Standards
Frameworks Used: GRI Sustainability Reporting Standards (2021 version)
Certifications: ISO 9001, ISO 14001:2015, CNS(ISO) 45001:2018
Sustainable Products & Innovation
- Smart photocopy machine
- Upgraded document/image scanners
- Production scanner
Awards & Recognition
- Numerous awards from government units (details in annual report, page 6)