Issue Date: July 31, 2024

Energy Management

Energy Management Policy

Upholding the duty as a corporate citizen, we spare no effort to implement environmental and social responsibilities while operating the company and developing technology. Therefore, we established the Energy Management System Promotion Committee in 2016 to actively promote the continual improvement plans and activities of various energy conservation measures. In addition, to implementing an energy management system meeting international standards, we have established an energy management policy and made the following commitments:

  • Continuously improve energy performance and reduce energy consumption costs.
  • Implement the energy management system and reduce GHG emissions.
  • Abide by energy regulations and prioritize procurements of energy-efficient products.
  • Improve the green corporate image and promote eco-design and green production.
  • Secure acquisition of information and resources to achieve energy and resources targets.


Energy Management System

To achieve the long-term goal of "Net Zero by 2050," the ESG Committee and Environmental Protection Committee have planned a clear net-zero pathway and publicly committed to the net-zero target. They will continue to increase the use of renewable energy, improve energy efficiency, implement energy-saving measures, develop low-carbon products, and leverage the influence to collaborate with suppliers in creating a sustainable supply chain ecosystem, using our solid green capacities to address the challenges of climate change. In 2023, the Chunan Plant promoted a green building project, utilizing building information modeling, energy efficiency optimization management, sustainable procurement, and indoor air quality monitoring. It is expected to obtain the LEED "Gold" certification from the U.S. Green Building Council in 2024, becoming the Company's first international green building certification. Additionally, it is anticipated that the EV100 and RE100 international initiatives will be publicly declared in 2024, committing to achieving the goals of "100% electric vehicle transportation by 2030 and 100% renewable energy by 2040."

  • ISO 50001 Energy Management System: Chunan Plant has been certified for 8 consecutive years since 2016. Lixing Plant, Tainan Plant 1 and 2 has been certified for 2 consecutive years, Coretronic Optotech (Suzhou), Coretronic Optics (Suzhou), and Coretronic Projection (Kunshan) certified for the first time.
  • In 2023, the power consumption intensity of Taiwan and China plants decreased by 14% and 11% respectively compared to 2021, achieving the short-term goal.
  • In 2023, the total electricity consumption at Taiwan and China plants decreased by 10% and 13% respectively compared to 2022 and decreased by 14% and 28% respectively compared to 2021.
  • In 2023, Coretronic Optotech (Suzhou), Coretronic Optics (Suzhou), and Coretronic Projection (Kunshan) passed the "Provincial Green Factory Inspection" and were awarded the "Green Factory" certification.
  • In 2023, the Chunan Plant promoted a green building project, implementing energy efficiency optimization management, sustainable procurement, and indoor air quality monitoring.


Energy Usage Status

The Environmental Protection Committee has formulated a net zero energy and resource plans. And setting targets for renewable energy in 2020. From 2021 to 2023, it consecutively installed solar power generation systems at Taiwan and China plants, implemented air conditioning chiller energy-saving projects and the ISO 50001 energy management system, promoted plant energy-saving measures, and conducted a comprehensive inventory of GHG. In 2023, overall energy consumption decreased. The Environmental Protection Committee will continue to refine energy usage management and regularly review the achievement of each target to achieve net-zero emissions.

  • Taiwan plants increased the renewable energy usage by 854 MWh compared to 2022, and China plants increased the use of renewable energy by 638 MWh compared to 2022. The annual use of renewable energy accounted for 16% of the purchased electricity.
  • Compared to 2022, the purchase of external electricity at Taiwan plants decreased by 15%, and the purchase of external electricity at China plants decreased by 17%. The total electricity consumption at Taiwan and China plants decreased by 12% compared to 2022.
  • The energy consumption at Taiwan and China plants decreased by 9% and 14% respectively compared to 2022 and decreased by 13% and 26% respectively compared to 2021. The total energy consumption at Taiwan and China plants decreased by 13% compared to 2022.


1: Includes electricity consumption from solar self-consumption and green electricity wheeling.
2: 1 MWh = 0.0000036GJ
3：The scope of revenue by year
2020: Taiwan plants—Coretronic, Young Green Energy, uCare Medical Electronics, Champ Vision Display, Coretronic Intelligent Cloud Service, Coretronic Intelligent Robotics, Innospectra, Coretronic MEMS, and Coretronic Reality; China plants—Coretronic Display (Suzhou), Coretronic Optotech (Suzhou), Coretronic Projection (Kunshan), and Coretronic Optics (Kunshan)
2021-2022: Taiwan plants—Coretronic, Young Green Energy, uCare Medical Electronics, Champ Vision Display, Coretronic Intelligent Cloud Service, Coretronic Intelligent Robotics, Innospectra, Coretronic MEMS, Coretronic Reality, and Coretronic Intelligent Logistic Solutions; China plants—Coretronic Display (Suzhou), Coretronic Optotech (Suzhou), Coretronic Optics (Suzhou), Coretronic Projection (Kunshan), and Coretronic Optics (Kunshan)

 
 

Energy Conservation Measures and Performance

  • The total electricity consumption at Taiwan plants decreased by 10% compared to 2022, and the energy consumption intensity decreased by 14% compared to 2021 (base year), due to the installation of three new solar power generation systems, implementation of an air conditioning chiller energy-saving project, comprehensive implementation of ISO 50001, replacement of fluorescent lamps with LED lamps, electricity monitoring, and 33 other energy-saving measures. The total electricity consumption at the China plants decreased by 13% compared to 2022, and the energy consumption intensity decreased by 11% compared to 2021 (base year), due to the installation of solar power generation systems at the Wujiang and Kunshan plants to replace conventional electricity with renewable energy, replacement of energy-efficient lighting equipment, introduction of air conditioning systems, and 15 other energy-saving measures, reducing electricity demand and overall energy consumption. In 2023, the total electricity consumption at the Taiwan and China plants decreased by 12% compared to 2022 and by 24% compared to 2021.
  • Since 2015, in addition to setting clear energy-saving targets and implementing management measures to promote energy management, energy-saving plans have been implemented from three major aspects: air conditioning systems, electricity lighting, and other electricity consumption. From 2015 to 2023, Taiwan and China plants implemented a total of 359 energy-saving projects, reducing electricity consumption by 30.21 million kWh and nearly 18,000 tonCO2e, equivalent to the annual carbon absorption of 46 portions of Da'an Forest Park. In 2023, Taiwan and China plants promoted 48 energy-saving measures, reducing nearly 2.07 million kWh of electricity and 1,123 tonCO2e.

Renewable Energy

Commitment and Goals

  • 2023-2025: Taiwan plants’ annual renewable energy usage accounts for 5% of annual electricity usage;China plants’ annual renewable energy usage accounts for 13% of annual electricity usage.
  • 2026-2028: Taiwan plants’ annual renewable energy usage accounts for 6% of annual electricity usage; China plants’ annual renewable energy usage accounts for 15% of annual electricity usage.
  • 2029-2031: Taiwan plants’ annual renewable energy usage accounts for 8% of annual electricity usage; China plants’ annual renewable energy usage accounts for 17% of annual electricity usage.
 

Strategies

  • 2016-2017: Purchased green electricity
  • 2018: A solar power generation system installed at Tainan Plant 1
  • 2020: Renewal energy goals set
  • 2021: Coretronic Display (Suzhou), Coretronic Optotech (Suzhou), Coretronic Optics (Suzhou) installed solar power generation systems with installed capacities of 1,207, 3,994, and 653.4 kWh respectively
  • 2022: 
    – Coretronic Projection (Kunshan) and Coretronic Optics (Kunshan) installed a solar power generation system with an installed capacity of 618.9 kWh 
    – Taiwan plants purchased renewable energy certificates and green power wheeling to achieve short-term goals
  • 2023: Chunan Plant, Tainan Plant 1, and Tainan Plant 2 installed solar power generation systems with installed capacities of 367.41, 317.46, and 132.44 kWh respectively




2023 Results

  • Completed the installation and power generation of solar power systems at the Chunan Plant, Tainan Plant 1, and Tainan Plant 2
  • Taiwan plants' solar power systems generated a total of 851,229 kWh, with 99,000 kWh of renewable energy used through the green power wheeling model, representing a 455% increase in total consumption compared to 2022 and accounting for 7% of the annual total electricity consumption, achieving the short-term goal
  • China plants' solar power systems generated a total of 5,808,852 kWh, a 12% increase compared to 2022, accounting for 20% of the annual total electricity consumption and achieving the short-term goal
  • Taiwan plants' renewable energy usage increased by 854 MWh compared to 2022, while China plants increased by 638 MWh
  • The renewable energy usage accounted for 6.7% and 15.3% of overall energy consumption at Taiwan plants and China plants, respectively, representing an increase of 6.1% and 3.5% compared to 2022
  • The renewable energy usage accounted for 16% of the annual total electricity consumption at Taiwan and China plants, resulting in a reduction of 3,783 tonCO2e
1: The electricity usage indicate the purchased electricity.
2: China plants’ emission factor used is 0.5703 tonCO2e/MWh, which is the 2023 national grid average emission factor in China.
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