Energy Conservation and Carbon Reduction Management Policy
The Company is engaged solely in office operations and does not belong to traditional industries or the manufacturing sector. It maintains only office premises without production facilities, and therefore no production processes exist that could pose environmental pollution concerns.
In response to global climate change, stable water supply will be the significant issue the countries have been facing. In order to discharge social responsibility and response to water supply issue, the company consistently to prioritize environmental protection and improvement efforts. Our environmental policies primarily focus on energy conservation, emissions reduction, behavior change, and effective control.
Here are the environmental initiatives we have implemented:
A. Energy Conservation
B. Water Management
C. Waste Management
D. Current Status and Targets
To minimize the environmental impact of operational activities, waste management is a critical component of corporate sustainability. Effective waste reduction further supports the realization of the Company’s vision for sustainable operations. Waste generated by the Company mainly originates from office operations and is handled and disposed of in accordance with regulatory requirements. Due to outsourcing production, Shuttle was removed from the regulated list of industrial waste generators after October 2022. The Company does not generate any hazardous industrial waste. The Company implement the classification of the resource recycling, and employees are required to comply with recycling regulations and properly implement waste sorting. Employees are also encouraged to bring their own utensils to reduce the use of disposable utensils, and promotes environmental awareness through continuous waste reduction advocacy, in pursuit of minimizing the environmental impact of the Company’s operations.
In response to global climate change, stable water supply will be the significant issue the countries have been facing. In order to discharge social responsibility and response to water supply issue, the company consistently to prioritize environmental protection and improvement efforts. Our environmental policies primarily focus on energy conservation, emissions reduction, behavior change, and effective control.
Here are the environmental initiatives we have implemented:
A. Energy Conservation
- The Company has replaced all fluorescent lamps and light bulbs in its office building with energy-saving LED lighting. According to monthly bill analyses, electricity consumption has been reduced by more than 30% compared with traditional lighting.
- Reducing the opening of air-conditioning units in winter and opening windows for ventilation to reduce electricity consumption.
- Setting temperature range at 26 – 28 centigrade by opening of air-conditioning in summer, and mount fans to circulate the air.
- Reducing electricity consumption by installing sensor lightning equipment in the company.
- Curtains have been installed on doors and windows to block radiant heat entering the indoor areas.
- Employees are encouraged to turn off the lights when not in use, and fluorescent lamps are switched off during lunch breaks to reduce unnecessary electricity consumption from lighting.
- Machinery and equipment are subject to regular maintenance and inspection.
- Employees are encouraged to take public transit or choose electric scooters for their daily commute.
- Only single elevator works beyond regular business hours to reduce electricity consumption.
- Promoting the paperless policy to reduce the amount of paper used.
- Carbon dioxide levels are regularly monitored.
- Promoting reuse of recycled paper to reduce the amount of paper used.
- Outdated equipment has been replaced with new models to enhance operational efficiency and support environmental sustainability.
- Green plants have been planted around the company premises.
B. Water Management
- Water conservation slogans sticks on the wall to remind employee to turn off the taps after use.
- The faucets are fully equipped with a water-saving devices to save the use of water.
- Any water leakage shall be reported immediately to prevent unnecessary water waste.
C. Waste Management
- Resource recycling and classification mechanisms have been implemented for waste batteries, compact discs, toner cartridges, paper, and other materials.
- Posting awareness slogans to remind employee to implement resource recycling and classification for waste reduction.
- Employees are encouraged to bring their own reusable tableware to reduce the use of disposable tableware.
- Compliance with resource recycling regulations has been enforced to implement environmental protection policies.
D. Current Status and Targets
- Greenhouse Gas Emissions
- 494.93 mt CO2e in 2019
- 441.58 mt CO2e in 2020
- 420.72 mt CO2e in 2021
- 394.09 mt CO2e in 2022
- 382.68 mt CO2e in 2023
- 371.30 mt CO2e in 2024 (Excluding Fugitive Emissions)
- 388.87 mt CO2e in 2024 (Including Fugitive Emissions)
- 727.60 mt CO2e in 2025 (Market-based)
- 743.14 mt CO2e in 2025 (Location-based)
- GHG emissions were reduced by approximately 10% in 2020 compared with the 2019 baseline year.
- GHG emissions were reduced by approximately 15% in 2021 compared with the 2019 baseline year.
- GHG emissions were reduced by approximately 20% in 2022 compared with the 2019 baseline year.
- GHG emissions were reduced by approximately 22% in 2023 compared with the 2019 baseline year.
- GHG emissions were reduced by approximately 25% in 2024 compared with the 2019 baseline year. (Excluding Fugitive Emissions)
- GHG emissions were reduced by approximately 21% in 2024 compared with the 2019 baseline year. (Including Fugitive Emissions)
- With 2025 as our baseline, we aim to reduce greenhouse gas emissions by about 5% by 2030.
- With 2025 as our baseline, we aim to reduce greenhouse gas emissions by about 12% by 2035.
- Note: Starting in 2024, fugitive emissions have been included in our calculations.
- Note: We conducted our first greenhouse gas inventory for 2025 across all Shuttle sites, including our overseas subsidiaries. With third-party assurance completed and 2025 set as our new baseline, these figures are not compared with previous years.
- Water Consumption
- 7,026 mt in 2019
- 5,652 mt in 2020
- 4,829 mt in 2021
- 4,999 mt in 2022
- 5,556 mt in 2023
- 4,770 mt in 2024
- 5,273 mt in 2025
- Water consumption were reduced by approximately 19% in 2020 compared with the 2019 baseline year.
- Water consumption were reduced by approximately 31% in 2021 compared with the 2019 baseline year.
- Water consumption were reduced by approximately 29% in 2022 compared with the 2019 baseline year.
- Water consumption were reduced by approximately 21% in 2023 compared with the 2019 baseline year.
- Water consumption were reduced by approximately 32% in 2024 compared with the 2019 baseline year.
- With 2025 as our baseline, we aim to reduce water intensity by about 15% by 2035.
- Note: Water consumption for 2025 is not compared with previous years because 2025 was set as our new baseline.
- Waste Management (Weight of Waste)
- 0.058 mt in 2019
- 0.058 mt in 2020
- 0.058 mt in 2021
- 0.058 mt in 2022
- 0 mt in 2023
- 0 mt in 2024
- 0 mt in 2025
- Note: The Company was removed from the regulated list of industrial waste generators after October 2022.
- Waste Management (Weight of Rubbish)
- 29.00 mt in 2022
- 5.68 mt in 2023
- 5.67 mt in 2024
- 5.67 mt in 2025
- Note: Rubbish was not in calculation from 2019 through 2021.
- Note: The Company’s general industrial waste mainly consists of waste electronic components, production scraps, and defective products.
To minimize the environmental impact of operational activities, waste management is a critical component of corporate sustainability. Effective waste reduction further supports the realization of the Company’s vision for sustainable operations. Waste generated by the Company mainly originates from office operations and is handled and disposed of in accordance with regulatory requirements. Due to outsourcing production, Shuttle was removed from the regulated list of industrial waste generators after October 2022. The Company does not generate any hazardous industrial waste. The Company implement the classification of the resource recycling, and employees are required to comply with recycling regulations and properly implement waste sorting. Employees are also encouraged to bring their own utensils to reduce the use of disposable utensils, and promotes environmental awareness through continuous waste reduction advocacy, in pursuit of minimizing the environmental impact of the Company’s operations.