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Development of Sustainable Development

The Company shall adhere to the relevant environmental laws, regulations and international standards in protecting the natural environment in an appropriate manner. Operational and internal management activities shall also strive to accomplish the goal of environmental sustainability.

Risks and Opportunities of Climate Change

It is evident that changes in the external environment are capable of causing severe impact and may give rise to chain reactions that are far to complex to predict. As residents of planet Earth, climate change is relevant to every one of us, and presents a new challenge to governments and businesses around the world.

Both Financial Supervisory Commission and Taiwan Stock Exchange Corporation have connected with the world and introduced operational impact assessment as a way to enhance climate change awareness and response among TWSE and TPEX listed companies.

The Company operates in the culture and creativity industry. Although the industry itself does not emit large volume of carbon, it remains susceptible to impacts of climate change as it adopts a more diversified business strategy to accommodate the changing business environment. This is why the board of directors and the management have highlighted climate change as an issue of concern with respect to business continuity.

Climate change risks, opportunities, assessments, and responses:

The Company pays attention to the environmental protection trend monitors issues that are of concern to stakeholders. Risks and opportunities of climate change are identified and analyzed for financial and non-financial impacts, with response measures devised and energy conservation actions taken to achieve environmental protection, energy conservation, and carbon reduction goals.

 

Item

Risk factors

Financial and non-financial impact

Opportunities

Response measures

Extreme weather events

  • Typhoon, flood, drought
  • Disruption of operation to physical stores
  • Safety risk during employees’ commute
  • Change of sales model
  • Explore diversified and cross-platform sales revenues
  • Improvement of environment adaptability
  • Development of new sales service
  • Plan/activate natural disaster alert procedures that remind employees to take responses ahead of time
  • Continue expansion of cross-platform sales, operations, and services
  • Rise of average temperature
  • Additional power usage raises operating cost and carbon emission
  • Ongoing cost-benefit assessments and transition towards using products, raw materials, and equipment that are energy-saving and environment-friendly

External initiatives and regulations

  • GHG reduction
  • Water reduction
  • Carbon disclosure
  • Ongoing reduction of paper use in marketing and business activities and innovative customer service procedures incur additional operating costs in the short term, but offer benefits in the form of increased revenues over the long term
  • Innovative cross-platform services
  • Enhanced management measures
  • More efficient use of resources

 

  • Continue expansion of e-commerce and cross-platform sales, operations, and services
  • Evaluate the potentials of installing energy-saving equipment
  • Enhanced internal promotion of energy/water conservation awareness
  • Renewable energy
  • Increased cost
  • Planning and execution of energy/carbon reduction actions
  • Use of renewable energy equipment
  • Participation in carbon reduction programs enforced by the government
  • Continually maintain the efficiency of renewable energy equipment
  • Explore alternative renewable energy solutions

Technology

  • Transition towards low-carbon customer service
  • Addition of diverse service and operating model during transformation
  • Development of digital operating tools
  • Improve precision selling and service to customers through sales data analysis

Market

  • Change in customers’ behavior
  • Diversified IP portfolio
  • Demand for cross-platform service
  • Requirement for higher service efficiency
  • Innovative and diversified service model and efficiency

Environmental Policy

Environmental protection is an important component of CSR. Due to the impact of climate change on business activities, the Company takes an active interest in energy conservation, carbon reduction and greenhouse gases (GHG) reduction. The following management strategies have been adopted to provide all employees with a guide for compliance:
• Compliance with regulatory requirements
Adhere to the relevant national environmental, safety and health laws and regulations while also pushing for compliance with environmental, safety or health regulations in the terms of contracts that the Company signs with suppliers.
• Promotion of environmental safety awareness
Environment safety and health programs are organized at least twice a year to promote employees' awareness and to encourage participation in the execution of environmental protection, safety and health tasks.
• Consultation and communication
Strengthen employee consultations to communicate policies and related information as well as provide appropriate feedback
• Continuous performance improvement
Engage in continuous improvement to prevent injuries and unhealthy practices. Goals and plans are drawn up by the responsible units then education and promotion are used to achieve continuous improvements in environmental protection and occupational safety & health performance.
 

Environmental Safety Policy

Compliance is the basic requirement of Company controls. The sustainable development goals of the Company are the reduction of environmental pollution and risk of occupational injury, the effective utilization of resources, as well as providing employees with a safe and health environment. Continuous improvement is practiced to realize the above goals with a focus on:
 

Energy Conservation and Carbon Reduction

Energy/carbon reduction and environmental protection performance:
Year File download
2019~2020
2018~2019
Renewable energy performance:
To support the government’s goals on the promotion of renewable energy, the Company installed solar panels on the factory at Tuku, Yunlin, in 2015. The solar power generated is fed back into the grid to replace existing sources of electrical power. This will hopefully maximize our contributions to environmental protection and sustainable development.
Inventory of carbon reduction:
2020 Carbon reduction (kg) 2019 Carbon reduction (kg) --% Increase of carbon reduction per unit of revenue from last year Equivalent number of trees planted Electrical tariff savings
Approx. 910kg Approx. 890kg 2.25% 3,792trees Approx. NT$152,000


A 1% increase in energy conservation and carbon reduction over 2020 is planned for 2021.