Eco-Friendly Operation

Climate and natural governance structure and management procedures

• Climate and natural issues governance structure

  

   

• Connection between climate and natural strategy and remuneration system

  Besides the senior management, the Company has established the "Operating Procedures for Energy-Saving and Carbon Reduction Reward" for general employees. The procedures include a reward mechanism for proposals on greenhouse gas reduction and energy efficiency enhancement. Through this institutionalized reward mechanism, the Company encourages employees to proactively propose solutions for energy-saving and carbon reduction and energy efficiency improvement, implementing low-carbon actions in daily operations and further reinforcing a company-wide culture of sustainability. 

Climate and nature strategy

To address the challenges that climate change and changes in the natural environment may pose to corporate operations, Wiwynn Corporation's Sustainable Development Office collaborates annually with each operating unit to identify and evaluate climate and nature-related risks and opportunities.

The evaluation process refers to the TCFD and TNFD frameworks, international guidelines, topics concerned by internal and external stakeholders, and climate and nature-related topics focused on or disclosed by industry peers and benchmark enterprises. It involves collecting and inventorying relevant information to identify potential risks and opportunities related to the Company's operations. 

• Processes for identifying and assessing climate risks and opportunities

  Wiwynn Corporation identifies and evaluates risks and opportunities in accordance with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. The identified risks cover transitional risks and physical risks, including existing regulations, emerging regulations, technology, market, reputation, litigation, and acute and chronic climate disasters. Climate opportunities, on the other hand, encompass dimensions such as resource efficiency, energy sources, and products and markets.

  On the regulatory side, in addition to incorporating the "Climate Change Response Act," the "Renewable Energy Development Act," and the Low-Carbon City Self-Government Ordinances of various counties and cities, international climate initiatives and the climate policies of the regions where each operating site is located are also considered. 
  
  After completing the issue identification, Wiwynn Corporation conducts a risk and opportunity evaluation through a materiality matrix. This evaluation distinguishes between short term (1–3 years), medium term (3–5 years), and long term (more than 5 years) based on the timing and likelihood of impact, and comprehensively assesses both financial and non-financial impact levels. 

   

  Collection

  • TCFD framework and guidelines

  • Topics concerned by internal and external stakeholders

  • Topics concerned by customers, peers, and benchmark companies

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  Identification

  The Sustainable Development Office conducts identification and analysis of operation and value chain risks and opportunities through cross-departmental meetings.

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  Materiality evaluation

  Conducting a matrix analysis based on impact levels and timing of occurrence to evaluate the risks and opportunities in the upstream, organizational, and downstream value chain.

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  Analysis of financial impact / Response strategies

  • Conducting an impact/financial influence analysis.

  • Formulating a response management strategy.

   

  

   

• Processes for identifying and assessing natural risks and opportunities

  In managing nature-related risks and opportunities, Wiwynn Corporation refers to the Nature-Related Financial Disclosures (TNFD) framework and implements the LEAP methodology (Locate, Evaluate, Assess, Prepare) to systematically inventory the dependencies and impacts of global operating sites and value chain activities on the natural environment.
  By integrating international guidelines for the identification of natural capital risks and opportunities, public databases, and local environmental information, identify material nature-related risks and opportunities, and develop corresponding management strategies, action plans, and follow-up mechanisms to enhance the Company's resilience and decision-making foundation on natural issues. 

  Locate

  Through international organizations and local databases in Taiwan, examine whether Wiwynn's global operating sites and the locations of key suppliers are covered by ecologically sensitive hotspots and their level of water risk, as a basis for evaluating nature-related risks and opportunities and developing actions.

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  Evaluate

  Conducting dependency and impact factor assessments to analyze the degree of dependence of operating sites on local ecosystem services, and examining the potential impacts that operating and supply chain activities may have on the surrounding ecosystems.

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  Assess

  Conducting evaluations of nature-related risks and opportunities, quantifying the impact level of ecologically sensitive hotspots on operating sites, and analyzing the potential operational risks and strategic opportunities they may present.

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  Prepare

  Based on the evaluation and assessment results, developing nature-related risk management strategies and action guidelines, and establishing mechanisms for disclosure and follow-up.