Society Responsibility

1.Greenhouse Gas Inventory(ISO 14064)

In accordance with ISO 14064-1 international regulations, THINKING carried out greenhouse gas emission baseline inspection. We completed greenhouse gas emission inventory in 2008, and obtained verification from SGS for correctness of 2008 greenhouse gas emissions and verification statement in November 2009. 99.73% of greenhouse gas emission from the company is generated by its electric energy consumption.

Total greenhouse gas emission is in 2016 is 4,043.89 tons of Coe, and it reduces to 3,651.3 tons of Coe in 2017, a 9.7% reduction. THINKING will continue reducing its greenhouse gas emission via electricity saving.

2.Greenhouse Gas Inventory Process

3.Emission Boundary

Our company follows the ISO 14064:2006 standard for greenhouse gas inventory, reporting, and quantification. Using our organizational boundaries as the scope, we establish boundaries for organizational and operational emissions.

4.Inventory Results

Xingqin Electronics has selected 2017 as the baseline year for greenhouse gas inventory and has been conducting annual inventories since 2018 to accurately track emissions. We aim to achieve goals such as resource efficiency, energy conservation, carbon reduction, and industrial waste reduction, thereby progressing towards a low-carbon economy and society.

Our inventory results indicate that the main sources of greenhouse gas emissions are electricity consumption by various equipment in the factory and mobile machinery or vehicles, among others. Therefore, our greenhouse gas reduction plan will focus on 1. improving equipment efficiency and 2. promoting energy conservation to reduce greenhouse gas emissions.

In the fiscal year 111, the total greenhouse gas emissions of our company and its subsidiaries amounted to 54,858.96 metric tons CO₂e, mainly from Scope 2 indirect electricity consumption emissions, accounting for approximately 93% of the total emissions. The total greenhouse gas emissions for fiscal year 111 decreased by 4,046.64 metric tons CO₂e compared to fiscal year 110, primarily due to the reduction in electricity consumption from energy-saving policies. Continuous reduction and emission reduction measures for fiscal year 112 include updates to exhaust ventilation systems, upgrades to air conditioning system chillers, updates to air compressor equipment, and energy-saving designs, aiming to achieve ongoing energy-saving and carbon reduction performance.

Furthermore, in response to climate change and to promote sustainable operations, our company will continue to negotiate the purchase of renewable energy and invest in the development of energy-saving products. We aim to achieve the goal of '100% use of green electricity at office locations and 20% of electricity consumption from renewable energy at production facilities' in the future."