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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.

Implementation of Climate-Related Information by Pili International Multimedia Co., Ltd.:

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

Response measures

  1. Describe the Board of Directors and management's oversight and governance of climate-related risks and opportunities.

In order to fulfill its corporate vision and integrate sustainable development, Pili International Multimedia Co., Ltd. has established the "Sustainable Development (ESG) Promotion Task Force" under the supervision of the Chairman. The CEO of Pili serves as the highest governing body, working in alignment with the annual operational plan to promote corporate governance, while continuously adjusting the goals and direction of sustainable development.

  1. Describe how the identified climate-related risks and opportunities affect the business, strategy, and financial performance (short-term, medium-term, long-term).

As of the date of the annual report's publication, the company has not yet completed the identification of climate-related risks and opportunities. Relevant information will be disclosed in the annual report of the completed year once the evaluation is finished.

  1. Describe the financial impacts of extreme climate events and transition actions.

Regarding the financial impacts of extreme climate events and transition actions, the company explains this in the annual report under the section "(5) Implementation of Sustainable Development and the Differences and Reasons Compared with the Sustainability Practices Code for Listed Companies," as well as in the sustainability report. In compliance with environmental, health, and safety regulations and commitments to customers, the company continues to enhance the effectiveness of environmental, health, and safety management, with the goal of increasing energy saving and carbon reduction by at least 1% annually, and achieving zero violations of environmental regulations.

  1. Describe how the identification, assessment, and management of climate-related risks are integrated into the overall risk management framework.

Risk factors

Financial and non-financial impact

Opportunities

Response measures

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

Improvement of environment adaptability

Development of new sales service

 

Ongoing cost-benefit assessments and transition towards using products, raw materials, and equipment that are energy-saving and environment-friendly

 

 

  1. If scenario analysis is used to assess resilience to climate-related risks, explain the scenarios, parameters, assumptions, analytical factors, and key financial impacts considered.

The company is still under evaluation.

  1. If there are transformation plans to manage climate-related risks, describe the plan, and the indicators and targets used to identify and manage physical and transition risks.

Risk factors

Financial and non-financial impact

Opportunities

Response measures

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

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

Increased cost

Planning and execution of energy/carbon reduction actions

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

 

Change in customers’ behavior

Diversified IP portfolio

Demand for cross-platform service

Requirement for higher service efficiency

Innovative and diversified service model and efficiency

Improve precision selling and service to customers through sales data analysis

 

 

  1. If internal carbon pricing is used as a planning tool, explain the basis for setting the price.

The company is still under evaluation.

  1. If climate-related targets have been set, describe the activities covered, the scope of greenhouse gas emissions, the planning timeline, and annual progress toward achieving the targets. If carbon offsets or renewable energy certificates (RECs) are used to achieve the targets, describe the source and quantity of offset reductions or the number of RECs used.

The company is still under evaluation.

  1. Provide details of greenhouse gas (GHG) emissions inventory and assurance, as well as reduction targets, strategies, and specific action plans (also fill out sections 1-1 and 1-2).

For the company's greenhouse gas emissions, please refer to the annual report under the section "(5) Implementation of Sustainable Development and the Differences and Reasons Compared with the Sustainability Practices Code for Listed Companies," Section 3, Environmental Issues - (4) Whether the company has accounted for greenhouse gas emissions over the past two years, and other related explanations, as well as the details provided in the sustainability report.其For the greenhouse gas inventory and assurance details in sections 1-1 and 1-2, since the company is an over-the-counter company with a paid-in capital of less than NT$5 billion, the company will disclose this information in accordance with the schedule set by the regulatory authorities.

According to the sustainability development roadmap for listed and over-the-counter companies:

Parent company entity

  1. Starting from 2027 (the 116th year of the Republic of China), the company will disclose the greenhouse gas inventory information for the previous year in the annual report, with continuous disclosures every year thereafter.
  2. Starting from 2029 (the 118th year of the Republic of China), the company will continue to disclose the assurance status of the 117th year’s greenhouse gas inventory information.

 

 

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
2022~2023
2021~2022
2020~2021
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:
2023 Carbon reduction (kg) 2022Carbon reduction (kg) --% Increase of carbon reduction per unit of revenue from last year Equivalent number of trees planted Electrical tariff savings
Approx. 580kg Approx. 506kg 15% 1,555trees Approx. NT$35,800


Continue to aim for a reduction in energy consumption and carbon emissions of at least 1% each year compared to the previous year, in order to decrease carbon emissions and mitigate the greenhouse effect.

 

Office greening: