SINBON Electronics Pioneers Sustainable Supply Chain Practices with Latest Environmental Achievements
Leading the Way in Sustainable Supply Chains
As we gather around global stages like COP30 to address critical environmental issues, SINBON Electronics Co., Ltd. has positioned itself as a frontrunner in sustainability within the electronics industry. This Taiwan-based company, listed on the Taiwan Stock Exchange under TWSE#:3023, has taken substantial steps to minimize its ecological footprint while fostering accountability and transparency in its operations and supply chains.
Key Environmental Accomplishments
According to their latest Sustainability Report, SINBON Electronics achieved a remarkable 28.8% reduction in Scope 1 and 2 greenhouse gas emissions compared to 2021 levels. This significant achievement highlights the company's dedication to improving environmental outcomes.
Furthermore, SINBON has made strides in utilizing renewable energy sources. Impressively, 9.5% of its total electricity consumption now comes from renewable sources, translating to over 2.68 million kWh. This is made possible through significant investments in solar energy, culminating in a capacity of 3 MW from self-owned solar installations. These initiatives were further complemented by energy-saving measures across their facilities, including optimized air conditioning systems, resulting in a total reduction of 715,200 kWh in electricity usage.
Commitment to Biodiversity
Beyond energy efficiency, SINBON has also dedicated resources to addressing biodiversity concerns. The company's proactive approach is evidenced by completing its first biodiversity risk assessment following the Taskforce on Nature-related Financial Disclosures (TNFD) framework, a key step in understanding and mitigating their impact on the natural environment.
Governance Enhancements
On the governance front, SINBON has introduced a comprehensive Sustainability Strategy Blueprint and Objectives in 2024, reinforcing its commitment to long-term ESG implementation. With an investment of approximately USD 38.47 million (about TWD 1.24 billion) in research and development—reflecting a 22% year-on-year increase—the company aims to drive sustainable innovations and solutions for its clients worldwide.
Supplier Accountability
Recognizing the importance of an accountable supply chain, SINBON has successfully achieved a 100% signing rate for its Supplier Code of Conduct among newly onboarded suppliers. With an impressive average supplier satisfaction score of 4.82 out of 5, the company actively collaborates with suppliers to promote sustainable practices. In 2024, they hosted two online seminars aimed at enhancing sustainability awareness within their network.
To prevent the use of conflict minerals, SINBON has established stringent **