Our Focuses｜Climate Change Management｜Mitigation and Adaptation Measures

  • Our Focuses
  • Climate Change Management
  • Mitigation and Adaptation Measures

Climate Change Management

Winbond embraces the vision of being an "Be a hidden champion in providing sustainable semiconductors to enrich human life". In response to international guidelines and domestic policies geared towards green sustainability, Winbond has implemented the Task Force on Climate-related Financial Disclosures (TCFD) framework for the third year to assess the potential climate change risks and opportunities as the basis for promoting climate mitigation and adaptation actions, enhancing the company's operational resilience.

Read Chapter Report Contents
SDGs 17 Partnerships for the Goals
SDGs 13 Climate Action
SDGs 12 Responsible Consumption and Production
SDGs 7 Affordable and Clean Energy

Publish the first independent TCFD report in 2023

Establish twelve Climate-Related Management Metrics

12

Mitigation and Adaptation Measures
Climate Governance
Climate Risk Management
Scenario Analysis
Mitigation and Adaptation Measures
Metrics and Targets

Mitigation and Adaptation Measures

 

Note:

  1. The amount of cumulative carbon reduction in the supply chain is the difference in emissions in 2022 compared with the base year (2021).The emissions in the 2021 and 2022 have been inspected by the inspection agency. The newly added amount of carbon reduction in 2023 will be disclosed in 2024 due to scheduling issues of the inspection agency.
  2. For details, please refer to the chapters on Green Product, Sustainable Supply Chain, Energy and Greenhouse Gas Management, and Water Management. For actions related to Green Investment and Financing, please see below.

Green Investment and Financing

 

Green Investment and Sustainability-Linked Loan

 

The whole world is facing the impact of climate change. As one of Taiwan’s intensive electronics industry, we set up a green investment management unit to achieve the goal of green investment and create long-term value for investors and shareholders.
 

 
1
Green Energy Investment
  • In May 2022, Winbond acquired 15% equity in CHIA-HO Green Energy Corporation for NT$555 million, whose main business is to develop solar energy fields. Considering that its parent company, Taiwan Cement Corporation, has valuable practical experience in the renewable energy industry.
  • In November 2023, Winbond announced its participation in the joint establishment of Kai-Hong Energy Co., Ltd., with an investment of NT$400 million. Kai-Hong Energy’s primary business involves investing in solar power generation and wind power generation infrastructure projects in Taiwan.

 

 

 
2
Global Voluntary Carbon Credits
  • In response to the global carbon neutrality trend and the 2050 net-zero goal, Winbond not only joined the Singapore International Carbon Exchange (CIX) in 2022 and continued to participate in international carbon trading, but also became the first international carbon purchaser on the Taiwan Carbon Exchange (TCX) in 2023. 
  • By the end of 2023, Winbond had cumulatively acquired 13,500 metric tons of voluntary carbon credits from 9 countries in Asia and Africa.

 

 

 

 
3
Sustainability-Linked Loan and Sustainability Fixed Deposits 
  • Winbond signed a NT$20 billion Sustainability-Linked Loan in April 2023, incorporating specific sustainability indicators such as carbon reduction, power saving, and corporate governance into condition assessments, regularly checking the performance of actual sustainability indicators, and incorporating the performance feedback to credit case conditions. In June 2023, the bank confirmed that Winbond has achieved the annual sustainability indicator performance.
  • In response to the international sustainability trend, Winbond has progressively engaged in sustainable development time deposits with banks since 2023, with a minimum deposit period of at least 3 months.