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ESG performance and highlights in 2023

Environment Aspect

  • Implementation of ISO 14064:2018
    In 2023, we introduced an information-based GHG management system and completed the 2022 GHG inventory pursuant to the ISO14064:2018 version using the information system, as well as passed the third-party verification by an impartial institution.
  • Reduction of 1,235.99 MT of CO2e
    In 2023, the Company implemented 11 types of energy conservation programs, saving a total of 13,377.32 GJ in energy consumption, i.e., a reduction of approximately 1,235.99 MT of CO2e.
  • Investment of NT$63,312 thousand in environmental protection
    In 2023, we recycled 353 MT of NMP solvent and 148.2 MT of MEK solvent, achieving average recycling rates of 64.31% and 61.47%, respectively. These efforts allowed us to meet the target conversion rate of 60%.
  • Recycling of 96 MT
    In 2023, the Company developed film removers and increased the recycling volume of paper, cling wrap, and paper bag by a total of 96 MT.
  • Conversion rate of 60%
    At the end of 2023, we participated in the auction for small-amount green power purchases organized by Taipower and won the bid for 10,000 kWh, which will be used by Taiflex 2 in 2024.
  • Purchase of 10,000 kWh green power
    At the end of 2023, we participated in the auction for small-amount green power purchases organized by Taipower and won the bid for 10,000 kWh, which will be used by Taiflex 2 in 2024.

Social Aspect

  • Zero occupational accidents
    In 2023, there were no incidents of occupational disease nor majoroccupational accidents or fatalities.
  • FSI < 0.1
    In 2023, we achieved the goal of FSI < 0.1, surpassing the averages of the electronics and semiconductor industries for the past three years.
  • Zero deficiencies in occupational safety audits
    In 2023, the external occupational health and safety audit resulted in zero deficiencies, with 10 negative observations identified, which we had addressed and achieved a 100% improvement rate
  • Community service of NT$1,058.5 thousand
    In 2023, there were 50 volunteers in the Kaohsiung City Youth Care Association with a total spending of NT$1,058.5 thousand.
  • Employee training satisfaction rate of 93%
    In 2023, there were 8,840 participants in employee training for a total of 17,572 training hours. Training expenses amounted to NT$1,032.47 thousand with a satisfaction rate of 93%.

Corporate Governance Aspect

  • Top 5% in corporate governance evaluation
    In 2023, Taiflex ranked in the top 5% of the “Small and Mid-Caps” category of the 2022 TWSE Corporate Governance Evaluation.
  • Cumulative total of 247 patents
    In 2023, we applied for four patents with an accumulated number of 247 applications by the end of the year, of which 84% are invention patents. There are 50 patents granted in total.
  • Revenue of NT$8,151 million
    In 2023, operating revenue totaled NT$8,151 million with an earnings per share of NT$2.02, surpassing the industry average of NT$1.14.
  • A-rated for information security
    In 2023, information security of Taiflex Group was rated A (excellent) by the SSC, an external information security specialist.
  • Establishment of Chief Information Security Officer
    In 2023, Taiflex established the position of Chief Information Security Officer at the level above Vice President.
  • Customer satisfaction rate of 90.4
    In 2023, we secured a customer satisfaction rate of 90.4.
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