Environment
As a leading provider of information, electronic, and consumer products, integrity and pragmatism are not only the corporate culture but also the core values of Primax. Guided by these principles, we proactively manage risks and opportunities related to climate change, taking action to promote environmental protection and sustainable practices. We have formulated a strategic framework that aims to maximize environmental protection. Under this strategic framework, the Primax Group is committed to addressing and mitigating the impacts of climate change through initiatives such as reducing our environmental carbon footprint and strengthening climate resilience.
Primax Key Milestones in Climate Transition
Primax establishes the Risk Management Committee, with the ESG Office leading the Risk Assessment Team, responsible for convening, propelling, and executing. The ESG Office focuses on researching and evaluating domestic and international regulations and initiatives related to climate change. This effort aids in the company's formulation of environmental policies, ensuring alignment with national developmental trends and enhancing Primax's capacity to respond to the challenges of climate change.
The risk assessment team, based on the questionnaire scales, considers international trends, existing company measures, and scenario simulation results to score and evaluate the risks. The ESG Office then discusses the results based on the scoring and identifies 5 climate change risks and 3 climate change opportunities. Based on the assessment results and the anticipated timeline for risks/opportunities, the risk matrix is depicted as follows:
Primax's short, medium, and long term climate risk and opportunity matrix
Primax Group's path to net-zero
As an electronics manufacturer, energy efficiency, greenhouse gas reduction, wastewater/waste management and green product are all major issues in the environmental category. we have set targets for mid- and long-term energy consumption and greenhouse gas reduction，being enforced as a major part of the Company's environmental guidelines.Furthermore, we engage third-party institutions to audit our greenhousegas emission, water footprint, and energy management system on a regular basis.
Energy consumption statistics of Primax Group
Renewable Energy Usage Statistics
Energy-saving measures statistics for Primax Group in 2022
The emission pollution of greenhouse gases (GHGs), nitrogen oxides, sulfur oxides, and other significant gases generated during the manufacturing process of electronic products will have a significant impact on the environment. Therefore, we are implementing various schemes to reduce greenhouse gas emissions, enforcing strict control measures, and dedicating efforts to lower the volume of greenhouse gas emissions. This is to prevent potential impacts and influences on the group's operations stemming from relevant policies and regulations.
Water usage and management have emerged to become two critical issues in business operations, given the increasing scarcity and rising demand for water. This is why we have long taken steps to monitor the volume of water used at our production plants, and are dedicated to reducing water volume where possible.
Note：
1.Information was calculated by adding up data shown on monthly statements/payment slips across all plants.
2.The water discharge data is sourced from water balance diagrams of each plant; only water consumption is calculated for Tymphany Taipei and Tymphany Shenzhen offices.
3.Water consumption = water used - water discharged.
4.Water use intensity unit: m3 / million NTD
5.The water discharge volume is presented net of wastewater generated from the cleaning process, which was treated by a locally licensed service provider.
6.Apart from Dongguan Primax, all other sites are assembly plants and produce no industrial wastewater.
7. Water recovery rate (%) = amount recovered / water consumption * 100 %.
8.The data is calculated based on the raw data compared to the previous year, hence there may be differences in the calculated figures.
Waste produced by Primax Group can be classified into general waste (domestic waste),recycled waste, and industrial waste (including hazardous waste and general industrial waste). We try not to dispose or bury our obsolete equipment; instead, we do what we can to make them reusable one way or another, and have gone to great extent in making sure that these equipment are recycled in a proper manner that poses no threat to employees' health or the environment.
