SINBON Electronics Leads with Sustainable Solutions
SINBON Electronics Co., Ltd., a forefront player in the electronics system integration field, continues to make significant strides in promoting sustainable supply chains. As global attention shifts towards environmental concerns during COP30, SINBON is underlining its commitment to transparency, accountability, and collective action within the private sector. In its latest sustainability report, the company highlights its accomplishments in environmental and governance initiatives aimed at supporting customers across various industries.
Achievements in Emission Reductions
In 2024, SINBON successfully reduced its Scope 1 and Scope 2 greenhouse gas emissions by an impressive 28.8% compared to the baseline year of 2021. This reduction showcases the company's dedication to lessening its environmental footprint. Additionally, renewable energy now constitutes 9.5% of SINBON’s total electricity consumption, amounting to 2,682,743 kWh.
The company has also invested heavily in renewable initiatives, with a plan to achieve a solar energy capacity of 3 MW by the end of 2024. Effective energy-saving measures have been implemented across operations, including optimizing air conditioning systems at its Miaoli facility to save a total of 715,200 kWh.
Biodiversity and Risk Assessment
Recognizing the importance of biodiversity, SINBON has completed its first biodiversity risk assessment in line with the Taskforce on Nature-related Financial Disclosures (TNFD) framework. This proactive approach emphasizes SINBON’s commitment to addressing environmental challenges beyond mere compliance.
Innovation and Governance
Alongside these environmental accomplishments, SINBON has fortified its governance strategies by unveiling its sustainability strategy framework. With an investment of $38.47 million (approximately 1.24 billion TWD) in research and development, the company has marked a 22% rise from the previous year aimed at nurturing innovations in sustainable solutions for its global customers.
SINBON emphasizes the importance of accountability throughout its supply chain. The firm achieved a 100% signing rate for its supplier code of conduct with new vendors and enjoys an impressive average supplier satisfaction score of 4.82 out of 5. This reflects the company's ongoing efforts to collaborate with suppliers to promote sustainability and transparency.
To further its aims, SINBON has developed guidelines for conflict minerals management, emphasizing their commitment to sourcing responsibly. Starting in December 2024, all new suppliers will be required to sign a conflict minerals commitment statement.
A Future Focused on Sustainability
Founded in 1989, SINBON has consistently pursued smart connectivity and sustainable innovation across various industries. The company champions eco-friendly mobility, ethical automation, and renewable energy solutions, all while prioritizing technology that respects and cares for the planet.
Their ongoing ESG (Environmental, Social, and Governance) commitments are key to driving their mission. By continuously strengthening carbon management and advancing sustainable innovations, SINBON collaborates closely with partners to create positive cycles and deliver trustworthy green solutions with lasting impact.
With operational offices in Asia, Europe, and America, SINBON's global team is united in its goal of interweaving innovation with sustainability and linking progress with care.
For more detailed insight, you can access their comprehensive sustainability report
here.