Key accomplishments in 2023:
- Reached 11% reduction in Scope 1 and 2 carbon
emissions
- 6% of total energy usage (2,044,800 kWh) came from
self-generated renewable energy
- 47% of managers identify as female
- First year on the Bloomberg Gender Equality Index
NEW TAIPEI CITY, Taiwan, Sept. 24,
2024 /PRNewswire/ -- SINBON, a Taiwan-based electronic interconnect design
and integration service provider, is unveiling the results of its
annual Sustainability Report for 2023. Several important milestones
demonstrate the company's commitment to Environmental, Social, and
Governance (ESG) principles along with accountability and
transparency.
For the full report, please visit:
https://www.sinbon.com/files/2023_Sustainability_Report_EN.pdf
"Over the past year, SINBON has been actively implementing its
sustainable development strategy while achieving steady growth in
business performance," commented Joseph
Wang, Chairman of SINBON. "We have aligned the three major
frameworks of environmental sustainability, social participation,
and corporate governance, and uphold the concepts of integrity,
innovation, and sharing to enhance our competitiveness in
sustainable value creation."
The environment and energy management
To power its business, SINBON launched several new solar power
installations with a total capacity of 3MW, bringing its total
self-generated renewable energy usage to 2,044,800 kWh, or 6.56% of
the Group's total electricity usage. Furthermore, SINBON factories
in Miaoli, Tongcheng, Jiangyin, and Beijing TongAn all received the
ISO 50001 certification, which helps companies to conserve power
through an energy management system, contributing to a total annual
savings of 1,171,705 kWh.
For carbon emissions, SINBON reached an 11% reduction in Scope 1
(direct) and 2 (indirect) carbon emissions. This is significant
progress towards the company's near-term goal of an 18% reduction
in Scope 1 and 2 by 2025 (with 2021 as the baseline year).
Additionally, four SINBON products received ISO 14067
certifications, which assesses and officially determines the carbon
footprint of a product (CFP).
SINBON's revenue from sustainable industries grew from 44%
in 2022 to 47% in 2023, and a growing share of this comes from the
green energy sector specifically, at 30.33% compared with 26.81% in
2022.
To address biodiversity, SINBON will adopt the Taskforce on
Nature-related Financial Disclosures' framework in 2024 and has set
the goal of achieving Net Positive Impact (NPI) on biodiversity by
2050.
People and communities
Reflecting its focus on people, SINBON was recognized in 2023 by
HR Asia as the "Best Employer in Asia". Embracing Diversity, Equity and
Inclusion (DEI), the company offers DEI courses and training
programs to educate and inform team members. To welcome and include
people from various backgrounds, the company also conducts
multi-cultural recruiting and training programs. Moreover, the
company reached 47% female representation among managers in 2023 —
also the first year it was included in the Bloomberg Gender
Equality Index among only 16 companies from Taiwan.
For its local communities where the company does business,
SINBON has numerous programs to give back:
- 715 kg total of litter cleaned up across three locations
- 250 trees adopted
- Donations to 4 animal care organizations
- Donated proceeds from 1,000 packs of Leopard Cat Rice to saving
the leopard cat in Miaoli, Taiwan
- Participated in the Shennong Program to help children from 2
elementary schools learn how to grow crops and eat healthily
- Bilingual volunteers from SINBON taught 7 different English
courses at Sing Long Elementary School
About SINBON Electronics
Established in 1989 in Taiwan,
SINBON Electronics is a leading provider of integrated design and
production services for bespoke interconnect solutions. Driven by a
commitment to customer centricity and the principles of ESG, the
company offers a wide range of products and OEM/ODM services that
ensure reliability and efficiency, combining extensive engineering
expertise, industry knowledge, and leading innovations to customize
solutions for long-term customer success. SINBON has a global
footprint, with operations in Taiwan, China, Japan,
the United Kingdom, Germany, Hungary, and the
United States.
To learn more about SINBON's services, please
visit www.sinbon.com or follow
on LinkedIn.
Contact: Sustainable Strategy Division - ESG Office
Address: 4F-13, No. 79, Sec. 1, Xintai 5th Rd., Xizhi Dist., New Taipei City 221, Taiwan
Telephone: +886-2-2698-9999
Fax: +886-2-2698-1548
Email: CSR@sinbon.com
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SOURCE SINBON Electronics