Emissions Abatement and Results
With increasing energy efficiency, low-carbon processes and innovative energy conservation, energy transitions, and internal carbon pricing, Wistron is promoting GHG reduction efforts. For the roll out of energy management and energy conservation projects, Wistron has invested people, resources, and financial resources as well as assembled Energy Project Teams in all plants; the teams are composed of units responsible for plant engineering affairs or related matters. They convene regular energy management meetings and review the plant’s energy and project progress. The plants also share information on the effectiveness and their experiences in each project with each other.
01 | Increase Energy Efficiency
Wistron's energy-saving project is divided into six categories, including air conditioning systems, compressed air systems, green lighting, management, production, and others. As of the end of 2024, Wistron saved a total of 12,844.9 MWh of electricity, which reduced carbon emissions by 8,172.94 tCO2e. Our carbon reduction was equivalent to the annual CO2 absorption volume of 21 Daan Forest Parks, which can absorb 389 tons of carbon annually.
02 | Low-Carbon Manufacturing and Energy Saving Innovations
Wistron is proactively driving real carbon reduction in addition to increasing renewable energy use. We are also investing in low-carbon manufacturing processes and smart energy conservation technologies to improve energy efficiency and achieve our energy conservation goals. All sites carry out energy-saving projects to practice low-carbon production. We hope the projects can help us introduce smart energy management systems and strengthen management and data base. Diversified solutions have also been drawn up to realize low-carbon manufacturing and energy-saving innovations.
Under long-term efforts to roll out energy-saving actions, Wistron’s plants have achieved remarkable carbon reduction across the six energy-saving dimensions mentioned above. Air-conditioning and air compressor power consume the most energy in Wistron manufacturing sites. As such, carbon reduction efforts seek to target these two energy consumption hotspots through taking stock of hardware equipment and diagnosing energy use. The goal of effective management is achieved through the introduction of smart energy conservation technology, combined with AI and IoT control technology in addition to replacing old energy-intensive equipment. In 2024, we saved 12,844.9 MWh of electricity. Wistron will continue to commit to low-carbon innovative manufacturing with the help of smart solutions. We are combining digital platforms and virtual factories to realize the vision of sustainable management through energy management, intelligent repair and maintenance systems, and cold water systems.
03 | Energy Transition
Extreme weather has become the new norm. Major international companies have joined the 100% renewable energy, RE100, initiative to support the use of renewable energy to reduce carbon emissions and slow down global warming. In response to the global trend of renewable energy, Wistron is actively promoting energy transformation. The renewable energy strategy prioritizes the establishment of self-consumption solar power generation, actively expanding solar power generation capacity at global operational sites, and making diversified use of idle spaces. The company also maintains deep partnerships with local renewable energy providers and has signed renewable energy purchase agreements and procured renewable energy certificates. In 2024, Wistron actively deployed renewable energy, with an actual self-consumption power generation of 18,057.5 MWh. The company also had a total of 70,058.6 MWh of renewable energy purchased through agreements and procured 211,295.8 MWh of renewable energy certificates. The renewable energy accounted for 74.7% of the total electricity in 2024, actively increasing the usage rate of renewable energy in global factories, service locations, and offices while reducing GHG emissions. The company aims to integrate the concept of green manufacturing into its business operations.
04 | Internal Carbon Pricing
With countries around the world implementing carbon regulations, Wistron is also launching decarbonization strategies in response. We have developed an internal carbon pricing(ICP) to calculate budgetary requirements for internal decarbonization efforts as a way to drive energy efficiency and contribute to decarbonization funds. This can also help us achieve climate-related strategies and targets, address carbon-related regulations, and reduce climate-related risks in the long-term.
For 2024, we've selected our plants in Hsinchu and Zhongshan as pilot sites for ICP. In addition, we've developed the rules and mechanisms for internal carbon pricing, adopting the Internal Carbon Fee model as our mechanism. Targets will be set for each business group's Scope 1 and 2 emissions, with carbon fees being calculated according to progress to target. Set in reference to the World Bank's suggested WB2C target price range, our ICP is 100 USD/ton-CO2e. In 2025, we will roll out ICP to more manufacturing and service locations and develop a digital platform to manage progress to target, automating all carbon fee calculations and providing BG heads with decarbonization achievements across all locations. This contributes to our long-term target of group-wide ICP roll-out.
