2024
ESG report
Contents
About this Report 3
Message from the Management 12
Stakeholder Management 16
Stakeholder identification and engagement. 17
Material Topic Analysis and Response. 20
Sustainability development goals (SGDs) corresponding to Material Topics. 26
Corporate Governance 29
Company Profile 33
Milestone. 33
Organizational Structure 34
Corporate Vision. 35
Honors and Awards. 39
United Renewable Energy Company Overview 40
Governance Organization and Responsibilities. 40
Operational Performance. 51
Integrity & Risk Management. 53
Employee and Social involvement GRI 3-3 63
Friendly Workplace 66
Overall remuneration planning and comprehensive benefit design. 66
Building a friendly workplace and encouraging employees to find work-life balance. 70
Human Resources. 71
I have something to say and a sound channel of communication between employers and employees
. 75
Encourage employee self-development to enhance professional depth and range through diverse learning platforms. 77
Safe Workplace 79
ESH Management Indicators. 79
Occupational Safety and Health Committee of each plant 80
Emergency Response and Safety and Health Education Training… 81
Contractors Management… 82
Accident Prevention and Management… 83
Disabling injury statistics analysis… 84
Safe Workplace Promotion… 85
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Healthy Workplace Management 87
ContentsOccupational Care GRI 403-3… 87
Employee health hazard risk identification and management… 89
Health Promotion… 92
Social involvement. 94
People Care… 94
Partner Relationship 97
Supply Chain Management. 98
Supply Chain Integration. 98
Supplier Relationship Management. 100
Supplier Selection Mechanism. 100
Green Supply Chain. 102
Supply Quality Management. 104
Customers and Services. 105
Marketing Communication. 105
Service Quality 106
Environmental Sustainability Practices. 112
Green Energy Products. 113
Energy, Resource Management and Recycling. 129
Energy Management GRI 302-1 302-3 305-4. 130
Water Resources Managementt GRI 303-1 303-3. 131
Pollution prevention and control. 133
Air pollution prevention and control GRI 305-6 305-7. 133
Water Pollution Prevention and Control GRI 303-2 303-4. 137
Waste Managemen GRI 306-1~306-5. 138
Greenhouse Gas Management. 141
Greenhouse Gas Inventory GRI 305-1~4. 141
Climate Change Governance. 142
8 Appendix 146
Appendix 1. GRI Content Index. 147
Appendix 2. tement of Independent Third Party Audit Opinion. 152
Appendix 3. Sustainability Accounting Standards (SASB). 154
Appendix 4. Sustainable Disclosure Indicators for the Photovoltaic Industry 157
Appendix 5. Climate-Related Information of TWSE/TPExListed Company 158
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About this Report
About this Report
1.
The scope and boundaries revealed in the report GRI 2-2, 2-4, 2-5
This report covers United Renewable Energy Co., Ltd. (hereinafter referred to as United Renewable Energy) manufacturing sites in Taiwan (including Hsinchu Science Park plant, Zhunan plant and Tainan plant). The financial data is audited by KPMG in accordance with IFRS and is consistent with the publicly disclosed financial data, which not only reveals the individual financial performance but also the consolidated performance of the group (including consolidated revenue, revenue by region and cost by region), and is calculated in NTD; the environmental and social data reveals the performance of the Taiwan sites, which is compiled by each internal department and confirmed by the supervisor, and are presented in the form of international common indicators. If the data disclosed in this report involves estimation, it will be stated in the relevant chapter.
Aspect | Scope |
Economic |
revenue, revenue by source, and cost by source) are also disclosed. |
Environmental |
▶ To comply with the "Sustainable Development Roadmap" issued by the FSC, the Company, as a publicly traded company with a market capitalization of over $10 billion, is required to disclose the greenhouse gas inventory data of its subsidiaries in the consolidated financial statements by 2025. Consequently, the scope of the greenhouse gas inventory in 2024 has already encompassed the subsidiaries. ▶ To comply with the "Sustainable Development Roadmap" issued by the FSC, the Company, as a publicly traded company with a market capitalization of over $10 billion, will confirm the temperature data of its consolidated subsidiaries in 2027. By 2024, the scope of greenhouse gas confirmation will be limited to the United Renewable Individual Company. |
People (Human Rights) |
|
Information Reconciliation: According to Section 7.3.2 of this report, the statistics on water sources exclude water usage by the Hsinchu Science Park plant after 2023 because the production at the plant had ceased.
The boundary difference between the parent and subsidiary companies in the reporting scope of the Sustainability Report and the consolidated financial statements concerns the exclusion of domestic and overseas subsidiaries holding solar PV sites from the Sustainability Report. The said subsidiaries holding solar PV sites do not include production and manufacturing in their scope of business and their main source of revenue is solar power generation, which does not involve GHG emissions during the generation process and therefore has no impact on the material topics for the year. This Report includes only the subsidiaries in the consolidated financial statements that pertain to our Wujiang plant, Utech Solar Corporation, Thailand plant, U.S. plant and DS Energy. For other subsidiaries not covered, please refer to Pages 12-14 of the Company's 2024 Consolidated Financial Report.
In addition, in order to enhance the accuracy and credibility of the data disclosed in this report, United Renewable Energy was certified by Great International Certification Co., Ltd., an independent third-party organization, in accordance with AA1000 AS v3 verification standards, and passed the Type 1 medium assurance level.
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