Eco-Friendly Operation
57.1
%
Global Renewable Energy Usage Rate
—
37.8
%
Waste Generation Compared to Previous Year
4
億
Benefits of Wooden Crate and Pallet Recycling
9
%
Increase in Water Resource Recovery Rate Compared to the Previous Year
Goal Implementation Status
Strategy |
Item |
2023 Implementation Status |
.Assess climate change risks and opportunities
|
Commitment to Using Renewable Energy |
57.07% |
Newly Built Factories Meet Local Gold-Level Green Building Standards |
WYMY expected to obtain GBI Green Building Certification in 2024 |
|
New Global Low-Power PCBA Production Line |
In Progress |
|
Reduce Idle Power Consumption During Cabinet Product Testing |
In Progress |
Strategy |
Items |
2023 Implementation Status |
.Source management
|
Number of cases penalized by environmental regulatory agencies |
0 cases |
Climate Governance and Management Procedures
Climate change affects the global economy. Since 2019, Wiwynn has disclosed climate-related information based on the TCFD framework. The company continues to implement relevant plans to address climate challenges and opportunities, striving to reduce greenhouse gas emissions and fulfill corporate social responsibility.
-
Climate Issues Governance Unit
The Board of Directors is the highest governing body for climate issues and oversees risk management. The Corporate Sustainability Development Committee is responsible for climate risk control, consisting of four directors, with an independent director as the convener. The committee meets at least twice a year. The Chief Sustainability Officer reports on climate issues to the committee and the Board annually, with the most recent report on August 7, 2023.
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Executive Management Responsibilities
The Chief Strategy Officer and the General Manager are responsible for formulating the climate strategy. The Chief Sustainability Officer and unit heads are responsible for risk assessment and management planning. They regularly report the results to the Chief Strategy Officer and the General Manager to ensure that targets are being met.
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Linking Climate Strategy with Compensation Systems
The climate strategy centers on "Environmentally Friendly Operations," "Sustainable Supply Chain," and "Green Innovation," including the use of renewable energy, reduction of electricity consumption, supply chain carbon reduction, and energy-efficient product design. At least 10% of KPIs for senior executives are climate-related, linking performance to compensation to motivate and strengthen goal execution. For general employees, there is an "Energy Saving and Carbon Reduction Incentive Program" to encourage proposals, raising sustainability awareness across the organization and involving everyone in the implementation and advancement of the climate strategy.
Climate Risks and Opportunities
Risk Identification, Assessment, and Management
The Office of Sustainable Development, along with various departments, conducts an annual assessment of climate risks and opportunities, covering transitional and physical risks. These include current regulations, emerging regulations, technology, market, reputation, litigation, acute hazards, and chronic hazards. The timeline is defined as short-term (1-3 years), mid-term (3-5 years), and long-term (5+ years). Consideration is given to existing and emerging climate-related regulations, such as the "Climate Change Response Act," "Renewable Energy Development Act," and various local "Low-Carbon City Self-Government Ordinances."
Using matrix analysis, risks and opportunities in the value chain are identified based on impact and likelihood. Coefficients from sources such as the SSP Public Database, TCCIP future scenarios, and international industry trend reports are used to determine the financial impact of climate risks and opportunities on the company.
The Chief Strategy Officer and General Manager monitor implementation monthly, with the Chief Sustainability Officer reporting to the committee and board.
Note: For Win-Win Technology's 2023 climate transition and physical scenario analysis, refer to the "Win-Win Technology 2023 TCFD Climate-Related Assessment Report."
Risks and Opportunities
Major Climate-Related Risks in 2023:
1. Product Technology Transformation
2. Investment in New Technologies
3. Demand for Low-Carbon Products
The emergence of the AI era has significantly increased computational power demands, focusing on energy saving, carbon reduction, and cooling technologies as key challenges.
The global consensus on net-zero emissions and the trend of carbon pricing are influencing corporate climate strategies across nations.
The impact and likelihood of extreme rainfall and droughts are relatively high. As global warming intensifies, the frequency and severity of extreme weather events continue to increase, and their effects are becoming more concentrated and severe. The scale of damage caused by these extreme climate events is growing.
The future climate holds many uncertainties, continually testing the operational resilience of enterprises.
With the revolution in AI technology, the development of low-carbon products is a key opportunity in addressing climate issues.
Additionally, the application and development of recycled materials and low-carbon energy sources are crucial. The shortage of natural resources is listed as one of the top ten risks for the next decade in the World Economic Forum's 2024 Global Risk Report. Reducing the use of virgin materials, increasing the application of recycled materials, and decreasing reliance on fossil fuels are opportunities to enhance operational resilience.
Risk Matrix
Opportunity Matrix
Climate Indicators and Targets
Wiwynn sets targets according to the SBTi carbon reduction path:
1. Reduce Scope 1+2 emissions by 2.5% annually based on 2021 levels
2. Achieve a 25% reduction in Scope 1+2 and a 12.3% reduction in Scope 3 by 2031
3. Use 100% green electricity by 2030
4. Achieve net-zero emissions by 2040
Greenhouse Gas Emission Management
Wiwynn's "Environmentally Friendly Operations" strategy:
1. Implement multiple ISO environmental management systems
2. Conduct GHG inventory according to ISO 14064-1:2018 with 100% certification coverage
3. Overall emissions increased with the addition of the Malaysia plant in 2023
4. Actively deploy green electricity:
2022 Taipei headquarters completed green electricity transfer
.2023 Tainan plant introduced green electricity
.Install solar panels and purchase renewable energy certificates at overseas locations
Goal: Gradually achieve carbon reduction targets in line with international carbon reduction paths
2023 Achievements:
|
2023 Greenhouse Gas Emissions Statistics (Scope 1+2)
The main sources of Scope 3 emissions are purchased goods and services, and the use of sold products. Wiwynn communicates the 2023-2025 three-year supply chain carbon reduction plan through supplier workshops, establishing a sustainable supply chain platform to facilitate online two-way communication with suppliers, and negotiating carbon reduction targets. Wiwynn also collaborates with customers to develop environmentally beneficial products to improve product energy efficiency.
2023 Greenhouse Gas Emissions
Energy Management
In 2023, purchased renewable electricity was the primary source of energy usage (accounting for 52.30%), followed by purchased non-renewable electricity (39.35%). The total renewable energy consumption was 132,109,200 MJ, and non-renewable energy consumption was 112,287,512 MJ. The unit revenue total non-renewable energy consumption decreased by 17.42% compared to the previous year. Currently, in addition to introducing green electricity and purchasing renewable energy certificates, solar panels have been installed on the roof of the new plant in Malaysia for self-use. Future new buildings will adopt green building standards, introduce energy-saving designs, and reduce non-renewable energy use.
2023 Energy Consumption Statistics Table
Energy Management Performance Indicators
Environmental Management
Wiwynn Group’s main operational (production) sites are 100% certified under ISO 14001. With the thorough implementation of the P-D-C-A process, Wiwynn has maintained a record of no environmental violations or penalties for five consecutive years.