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



In April 2024, Wistron's science-based targets were approved by the SBTi, and now align with the Paris Agreement's efforts to contain global warming to a maximum of 1.5°C above pre-industrial levels. We are committed to achieving carbon neutrality across Wistron’s operations by 2030 and net-zero emissions across the entire value chain by 2050. To such ends, we have set near- and long-term targets.
 

"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.



Decarbonization Strategies and Achievements

By setting SBTs, we demonstrate our concern and commitment to global climate change issues and the transition to a low-carbon economy. To enforce decarbonization efforts, we continue to increase our use of renewable energy, improve energy efficiency, develop low-carbon products, and adopt internal carbon pricing mechanisms, aligning our efforts with the 1.5°C emissions reduction pathway. In 2024, direct emissions and indirect energy emissions (market-based) from Wistron’s global operations amounted to 68,194.78 tCO₂e, marking a 22.4% reduction from 2023 and 58.7% reduction from the base year. This was mainly driven not only by the implementation of energy-saving and technical improvement projects at global locations, but more importantly, by aggressive efforts to increase our use of renewable energy through the installation of solar power facilities, signing PPAs with green energy providers, and purchasing renewable energy certificates (RECs).

Total Scope 3 emissions have been reduced by 8.2% from the base year, while Category 1 (purchased products and services) and Category 11 (use of sold products) emissions were reduced by 5.8% from the base year. To reduce emissions from purchased goods and services, we adopted a two-pronged approach. On one hand, we developed a PCF System to identify carbon hotspots from products and components, assisting our R&D team to continue reducing product carbon emissions to further enhance the low-carbon efficiency of our procurement strategies. On the other hand, we collaborated with our supply chain partners to promote decarbonization initiatives, inviting 30 major suppliers to participate in the WiZero (Wistron Zero Carbon Emission) platform and low-carbon supply chain project. These initiatives include carbon inventory, decarbonization information sharing, and technical counseling to help our supply chain partners progress towards science-based emission reduction targets. Since the launch of WiZero in June 2023 to the end of 2024, the initiative has achieved a cumulative emissions reduction of 10,742 tCO₂e, surpassing the target of 8,000 tCO₂e set for 2024. For decarbonization across use of sold products, we continue to collaborate with customers to develop low-carbon products - from opting for low-carbon raw materials to designing high-performance, durable, and easy-to-repair products - to reduce energy use and product replacement frequency throughout the use stage. This can ultimately reduce GHG emissions across the product life cycle.

Beyond decarbonization initiatives within the supply chain, we've also invested heavily in Beyond Value Chain Mitigation (BVCM) activities, collaborating with external professional partners on developing forest carbon sink projects and acquiring SBTi-approved carbon quotas through project developments, direct investments, or market acquisition. In addition, we will be assessing potential investments in carbon removal technologies to offset residual emissions that cannot be eliminated, gradually progressing towards our vision for a net-zero future.