Environmental Symbiosis
Environmental Symbiosis

Environmental Symbiosis

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In response to the challenge of international environmental issues, such as climate change, we enhance our capacity in resource utilization and pollution prevention in operations with a green, innovative vision, engage in the promotion of green office and green manufacturing, and lower the environmental impact of products throughout their lifecycle to cultivate green economic opportunities for the company.


Gaols

Achieved
On-going
Issue Goals or Targets 2023 Target 2023 Status

Management System

  • Publish biodiversity and no-deforestation policy
  • Release TCFD independent report
  • Disclose climate-related information based on IFRS S2 framework
  • Implement TNFD framework for sustainability disclosures
Implement ISO 14001 and obtain third-party certificate
Green Product
  • 100% of the product materials meet the green standards of RoHS, REACH and HF
  • 100% carbon footprint assessment coverage for main products
  • Reduce carbon emissions of main products by 5% annually
100% of the product materials meet the green standards of RoHS, REACH and HF
Energy and Resource Management
  • Implement ISO 14064 and obtain third-party certificate
  • 100% coverage of ISO 14064 and 100% assessment for categories 3-6
  • Achieve carbon neutrality for categories 1 and 2 by 2035
  • Reduce carbon emissions in categories 3-6 by 5% annually starting from 2030, compared to 2027 levels
  • Green procurement rate for IT equipment reached 95%; for non-IT equipment, 100%
  • Waste recycling rate ≥60%; Waste landfill rate < 1%
Continue to shape a green office culture and execute related measures
Reach an 80% green procurement rate for IT equipment
Attain a waste recycling rate of 50%



Environmental Management Framework
Since the release of the Fitipower Sustainability Policy in 2021 as the guiding principle for our sustainable operations, we have further focused on enhancing environmental sustainability and green operations. Following a resolution by the Sustainability Committee, we issued the Environmental, Health, and Safety Policy and began implementing related management systems. The establishment of the Fitipower Environmental Foundation further strengthened our efforts and influence in promoting environmental sustainability.
In 2023, we conducted our first external audit for ISO 14001 and successfully obtained a verification statement from a third-party organization. Additionally, after approval by the Board of Directors, we announced our greenhouse gas inventory plan (including subsidiaries). Our next steps include comprehensive TCFD, TNFD and product carbon footprint assessments.

ISO 14001 Certificate



Task Force on Climate-Related Financial Disclosures




Green Product
Fitipower's green product design focuses on two main pillars: "Green Materials" and "Energy-Saving". In addition to our efforts during the product design phase, we also plan carbon reduction management for outsourced manufacturing. In the short term, we will gradually assess the annual carbon emissions of main products and require relevant suppliers to implement product carbon footprint and carbon inventory mechanisms (ISO 14067, ISO 14064). For the mid-to-long term, we plan to expand the scope of product assessments and continue collaborating with partners on carbon reduction and offset initiatives.
We ensure that 100% of the materials in our products comply with customer requirements and international regulations (including RoHS, REACH, HF, PPW, TSCA, CP 65, etc.). In terms of energy-efficient design, our energy-saving products in 2023 were estimated to reduce carbon emissions by approximately 294,837 tons (based on product shipment volumes), including a breakthrough innovation in green design.


Energy Management


       



Water Management




Waste Management