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 to achieve the target of 20% reduction in 2032.
Annual carbon emissions intensity dropped by 0.5%.

Source of emission Unit 2022 2023 ±%
Direct emission(Scope 1)
Indirect Emissions from Energy (Scope 2)
tCO2e
tCO2e
183
4,881
156
4,151
-15%
-15%
Total tCO2e 5,064 4,307 -15%
  Turnover(million NTD) 2,642 2,126 -20%
GHG Intensity
(Scope 1 & 2)
tCO2e/
Turnover(million NTD)
1.92 2.03 +6%

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:
    https://ghgregistry.moenv.gov.tw/epa_ghg/Downloads/FileDownloads.aspx?Type_ID=1
    https://pj.ftis.org.tw/CFCv2
  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 is mainly for personal hygiene. 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 every day. Moreover, we regularly clean the air-conditioning water tank to improve heat dissipation efficiency and reduce water consumption.

Waste type and Treatment
Item Description Treatment Final Treatment
Industrial waste
D-2601
Waste wire and cable Outsourcing 97% recycled
3% incinerated or landfill
Industrial waste
E-0217
Mixed hardware, scrap PCB,
scrap electronic parts, etc.
Waste tin slag 100% physical processing
for recycling
Industrial waste
R-1305
Waste tin slag Outsourcing 100% smelted for recycling
Paper and cardboard Magazine, newspaper,
copy paper, Carton.
Recycling Reuse
Tin and Aluminum Cans Tin and aluminum cans, Styrofoam Recycling Reuse
Glass Beverage bottle Recycling Reuse
PET Bottles Plastic bottle, PET bottle Recycling Reuse
Compostable Food Waste Compostable food leftover Catering service Processing Fertilizer use
Recyclable waste Toner cartridge, battery, fluorescent Recycling Recycle
Type(Unit: MT) Treatment 2022 2023
Hazardous industrial waste 100% physical processing for recycling 1.99 1.69
General industrial waste 97% recycled
3% incinerated or landfill
23.99 31.72

Waste Management

ZIPPY is a low-polluting electronic component industry, with little waste water and waste gas in the manufacturing process. Waste reduction and waste recycling are our management strategies.

The wastes and scraps in each plant are sold to A-class waste disposal contractors, and are regularly reported online to meet regulatory compliance. The waste management of ZIPPY is as follows.