WNC was greatly honored to once again be recognized as Most Outstanding Company in Taiwan – Technology Hardware & Equipment Sector and Most Outstanding Company in Taiwan – Small/Mid Caps Sector in Asiamoney’s Outstanding Companies Poll, as well as winning a Silver Medal at the 2022 Taiwan Corporate Sustainability Awards and being ranked in the top 20% of listed companies in Taiwan for corporate governance. In terms of environmental sustainability, we were also honored to be included in Business Weekly’s Carbon Competitiveness Top 100. Our S2 plant was recognized as an Outstanding Energy Efficient Manufacturer by the STSP. Meanwhile WNC’s emphasis on the health of its employees was recognized by its inclusion in the first batch of the Green Dining Action initiative and won an Employee Care Award in the Ministry of Labor’s 2022 Work-Life Balance Awards.
In recent years WNC has set improving climate resilience and sustainable development as the pillars of its strategic planning. To this end in 2022 we promoted low carbon transition and digital transformation as key policies. In addition to the Sustainable Development Committee continuing to track energy saving and waste reduction efforts we have also boosted the use ratio of renewable energy sources, achieving a figure of 6.75% across all sites. Currently all our production facilities have installed solar panels and in terms of 2022 power generation 2,564,027 kWh of solar power was generated across all worldwide production facilities. We estimate this figure will increase to 6,433,500 kWh in 2023. Meanwhile we have introduced energy management systems to achieve energy conservation, energy creation and carbon reduction targets. Our overall objective is to achieve 100% use of renewable energy sources by 2050 whilst also meeting our SBTi carbon reduction commitment. 2022 also saw us kick off a carbon footprint initiative for all our products. We should have completed carbon footprints for all products by the end of this year. We look forward to utilizing carbon footprint methodologies to create a carbon emissions database for all products and components. The overall objective being the ability to immediately look up the carbon content of 100% of products. This will assist us in green product design initiatives as well as the introduction of Science Based Targets in our carbon reduction strategies. Turning to social participation WNC focuses on three main areas of land conservation, care for children and help for small farms. Through the concerted efforts of industry, the government and academia we participated in an afforestation project on the banks of the Zhuoshui River to address sedimentation issues and ameliorate the effects of the sand blown by the north-east monsoon winds every year. It is hoped that reforestation with native Taiwan trees will boost habitat restoration and help improve biodiversity in the area. In terms of care for children we have continued to focus on education resources for children in remote communities with the Taiwan Children and Families Fund – Hsinchu & Miaoli and the Miaoli Family Support Center. At the same time, we have continued to run industry-academia exchanges and activity sponsorships with a number of key colleges and universities. In 2022 a total of 540 employees volunteered to support 435 students from remote schools in the Hsinchu/Miaoli area. The summer English guidance program for students from remote areas (run with the Boyo Social Welfare Foundation) was delayed due to Covid in 2022 but will be completed in 2023. Going forward we will invest resources in rural education and seek to not only expand the horizons and boost the self-confidence of indigenous children but also construct a support network to help these children pursue their dreams. For small farms we hope to use our resources to support farmers that are willing to work in an eco-friendly way. Via social enterprise e-commerce platforms, we will set up sales channels for small farms to boost their revenue. In addition, we will purchase organic vegetables from them for our employee canteens. Looking to the future we will continue to base ourselves within the company’s values and focus on land conservation, care for children, and help for small farms to create a virtuous circle to put into practice WNC’s commitment to sustainable operations.