GHG Emissions, Commercial, Solar  -  September 24, 2024

SINBON Boosts Solar, Decreases Emissions

SINBON, a Taiwan-based electronic interconnect design and integration service provider, launched several new solar power installations with a total capacity of 3 megawatts (MW), bringing its total self-generated renewable energy usage to 2,044,800 kWh or 6.56% of the Group's total electricity usage to power its business.

The company’s factories in Miaoli, Tongcheng, Jiangyin, and Beijing TongAn all received the ISO 50001 certification, which helps companies 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 and 2 carbon emissions. This is significant progress toward 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.

"Over the past year, SINBON has been actively implementing its sustainable development strategy while achieving steady growth in business performance," said Joseph Wang, Chairman of SINBON, in a statement. "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."