Task Force on Climate-Related Financial Disclosures│TCFD

☼ The Route to Net Zero: A Manifesto for ZIPPY

In line with international and customer requirements of net-zero carbon emission, GHG reduction to combat the climate change crisis has become an important international issue. Net zero transformation actions are related to the competitiveness of countries and enterprises. ZIPPY manufactures micro switches and power supplies with high-efficiency green business models to promote the low-carbon transformation of the supply chain.

To effectively reduce the impact of climate risk in response to the net zero goal in 2050 and customers' carbon reduction requirements, ZIPPY has set the carbon reduction targets in our annual group business plans based on the SBTi 2.0°C.

ZIPPY implements the circular economy into the early product design stage, prioritizing resource reuse, and waste reduction. As a member of the green supply chain, ZIPPY’s improvement of energy efficiency of power supply products and automatic assembling of micro switches with high efficiency exactly meet the increasing demand for low-carbon energy. ZIPPY provides clean and efficient energy consumption solutions in this era of energy transformation, expecting to become one of the trailblazer companies in the low-carbon environmental protection industry.

We act pursuant to the Recommendations of the Task Force on Climate-related Financial Disclosures and other relevant documents, and report climate issue governance performance to the sustainable development committee and the board of directors for their supervision and decision-making, through management mechanisms such as identification and management of climate-related risks and opportunities, and setting carbon reduction targets. We also incorporate climate change risk considerations into the existing risk management structure, and continually respond to the concerns and expectations of the government, customers, investors and the general public for ZIPPY's climate governance.

Greenhouse Gas Emission

Our carbon reduction target :

Reduce emissions by 2% every year from the base year 2022 totaled 6,292 tCO2e to achieve the target of 16% reduction in 2030 (reducing emissions to 5,286 tCO2e).
Annual carbon emissions intensity dropped by 0.5%.

Region Source of emission Unit Y2022
base year
Y2023
Y2024
Cumulative
±%
Xindian Headquarters Scope 1 tCO₂e 11 9 11 -3%
Scope 2 tCO₂e 117 107 94 -20%
Subtotal tCO₂e 128 116 104 -19%
Electronic Components Division Scope 1 tCO₂e 333 314 291 -13%
Scope 2 tCO₂e 3,547 3,151 3,503 -1%
Subtotal tCO₂e 3,880 3,464 3,795 -2%
Power Supply Division Scope 1 tCO₂e 1,068 616 614 -42%
Scope 2 tCO₂e 1,216 885 845 -31%
Subtotal tCO₂e 2,284 1,501 1,459 -36%
ZIPPY Group Scope 1 tCO₂e 1,412 939 916 -35%
Scope 2 tCO₂e 4,880 4,142 4,442 -9%
Total tCO₂e 6,292 5,081 5,358 -15%
GHG Emission Intensity tCO₂e per million revenue (TWD) 2.38 2.39 2.40 1%

Notes:

  1. Data source:
    GHG inventories of entails the Zippy Headquarters, USA Subsidiary, Europe Subsidiary, Shinhao Subsidiary, Shindi Subsidiary, G-brim Subsidiary and Quan-Fa Subsidiary.
  2. Reference:
  3. ZIPPY does not use renewable energy.

Water Resource Management

Nowadays, the climate change influences the globe causing drought and flood more often. Therefore, water resource management for saving water and urgent response to water shortage becomes material issues.

ZIPPY’s water consumption primarily stems from domestic water use (including dormitories). Thus we actively adopt water-saving measures in factories and offices to reduce water use. We repair the leaking pipeline or motor immediately by meter reading twice a day. Moreover, we regularly clean the air-conditioning water tank to improve heat dissipation efficiency and reduce water consumption. There were no significant changes in water consumption this year.

Unit Y2023 Y2024 2024 Target
Water withdrawal tons 32,655 33,506
Water withdrawal
intensity
tons per million
revenue (TWD)
15.36 14.98 ≤ 15.50

Waste Management

Type Treatment Unit 2023 2024 2024 Target
General Recycling mainly,
partially incinerated
or landfilled
tons 31.72 29.15
Hazardous Grinding and recycling tons 0.90 1.71
  Total tons 32.62 30.86
  Waste Intensity tons per million
revenue (TWD)
0.015 0.014 ≤ 0.015

All industrial waste is entrusted to qualified disposal organizations. The treatment methods are as follows.

Waste Code Description Hazardous Treatment methods
D-2601 Waste wire and cable 97% recycled ;
3% incinerated or landfilled
E-0217 Waste electronic
components, scraps
and defective products
V 100% grinding and recycling
R-1305 Waste tin 100% smelted for recycling
D-0299 Waste plastic mixtures 100% recycled

ZIPPY operates in the low-pollution electronics and information technology industry, where production processes generate minimal wastewater and exhaust emissions. Waste reduction and waste recycling are our management strategies.

ZIPPY prioritizes properly sorting, recycling, and reusing recyclable resources such as waste cartons, plastic, tin slag, and scraps, thereby increasing the waste conversion rate.

Non-recyclable industrial waste, such as discarded electronic components, is properly incinerated or physically treated by qualified grade A clearance and disposal organizations. Regular online reporting disposal quantities to government authorities are conducted to comply with legal requirements. No hazardous waste leakage incidents occurred this year. General household waste that cannot be recycled after sorting is ultimately sent to general waste incinerators for disposal.