Climate Goals

ESG News Letter

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If you have any questions, comments or suggestions regarding ESG, please contact us.
Email: ESG@wistron.com

Climate Goals

Climate Goals

Climate Goals


Science-based targets, SBT



Wistron voluntarily joined the Science-Based Targets initiative (SBTi) in 2020 and committed to a carbon reduction target of achieving a 37.8% absolute reduction in greenhouse gas emissions (based on 2016 levels) by 2025. However, by significantly increasing our utilization of renewable energy, we managed to achieve a carbon reduction rate of 66.7% in 2022, surpassing our original target. As a result, in 2022, we further aligned with SBTi's Net-Zero Standard and established goals that are in line with the 1.5°C reduction pathway set by the Paris Agreement. This pathway seeks to limit global warming to a maximum of 1.5°C above pre-industrial levels. These goals were subsequently validated by SBTi in April 2024.
 

"We commit to achieving operational carbon neutrality for Wistron by 2030
and net-zero greenhouse gas emissions across our value chain by 2050."

  • Short-term target: Wistron commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2030 from a 2022 base year. Wistron also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and use of sold products 25% within the same timeframe.
  • Long-term target: Wistron commits to maintain at least 90% absolute scope 1 and 2 GHG emission reductions from 2030 through 2050 from a 2022 base year. Wistron also commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2022 base year.

Note : In 2022, Wistron's global locations emitted a total of 165,084.85 metric tons of CO2e for Scope 1 and 2 greenhouse gas emissions, and 18,207,477.75 metric tons of CO2e for Scope 3 emissions.



Progress on Climate Action

Through the establishment of SBT, we demonstrate our concern and commitment to addressing global climate change issues and transitioning towards a low-carbon economy. Our approach to decarbonization management aligns with the 1.5℃ emission reduction pathway, which prioritizes reducing direct emissions and emissions from purchased energy. We achieve this by taking actions such as increasing the use of renewable energy, improving energy efficiency, developing low-carbon products, and implementing internal carbon pricing mechanisms. Additionally, any remaining emissions will be neutralized in accordance with SBTi criteria before reaching net-zero emissions.

While driving the low-carbon transition, we collaborate with customers and suppliers in various aspects such as knowledge sharing, carbon footprint assessments, and carbon reduction projects to collectively promote the entire value chain towards achieving net-zero emissions. Additionally, we have started engaging in Beyond Value Chain Mitigation (BVCM) activities, such as developing forest management projects. Through direct investment or market purchases, we aim to acquire carbon credits recognized by SBTi. We will also evaluate the potential of investing in carbon removal technologies to offset any remaining emissions that cannot be reduced, ultimately supporting our net-zero vision.