Energy Management

Primax has applied for joining the RE 100 Initiative on April 29, 2022, committed to implementing renewable energy into all operating locations and proactively setting said renewable energy goals. In addition to implementing energy conservation plans proactively, we have increase the proportion of renewable energy certificates purchased year by year since 2019 and established solar power facilities since 2022. Meanwhile, we continued to increase the percentage of renewable energy consumption in 2023 to achieve the carbon neutrality goal by 2040.

Complying with global environmental protocols

Primax Group has developed greenhouse gas, water resource, and energy management procedures in accordance with ISO 14001- Environmental Management System, ISO 14064 - 1 - Greenhouse Gas Inventory, and ISO 14046 - Water Footprint, ISO 50001 - Energy Management System, and have been certified for all of the above systems.

As an electronics manufacturer, energy efficiency, greenhouse gas reduction, wastewater/waste management and green product are all major issues in the environmental category. During the reporting period, we have set targets for mid- and long-term energy consumption and greenhouse gas reduction, both of which were approved by the top-level management and are being enforced as a major part of the Company's environmental guidelines. Furthermore, we engage third-party institutions to audit our greenhouse gas emission, water footprint, and energy management system on a regular basis. Due to proper execution of environmental management policies, Primax Group did not violate any environmental laws or receive any related fines in 2023.

Primax actively participates in the international initiatives as well as corporate sustainability and climate change events below. In addition to participating in the Carbon Disclosure Project (CDP) Supply Chain Survey to disclose information related to greenhouse gas emissions, energy usage, and water resources, we also conduct internal compliance reviews using the CSA and MSCI Sustainability Questionnaire content to identify areas for improvement and areas where we can make efforts.

Since 2016, Primax has began exploring energy conservation solutions at various plant sites, and made adjustments based on the outcome. In response to the opportunities that may arise from climate change, we are actively engaged in low-carbon design and production, establishing rules for products' carbon footprint classification, obtaining carbon labels and carbon reduction labels. In the recent years, we have worked harder to integrate the automated and information systems, in order to provide more accurate and timely digital information. These efforts not only enhance the corporate image of the Group but also create new business opportunities.