ESG at Walsin Lihwa

｜ESG

Technological Innovation

NT$ 293,565,000

R&D expenses in 2023

Green Operation

↓1,792.6 tonnes of CO₂e

Refinement of the production processes for reduction of CO₂e emissions

In response to flexible manufacture and utilization of new technologies as a trend resulting from rapidly changing business and production models, Walsin Lihwa has been engaging in smart manufacture system development and manufacture process optimization while strengthening R&D to expedite product innovation and upgrades to provide high added-value products and services to customers.

Sustainability Promotion Strategy

Continuous improvement and innovation to develop green processes, technologies and products to create shared value with customers and establish a sustainable business model.

Wire and Cable

Commit to Green Business - Playing a key role in the green supply chain
Accelerate environment protection and enhance our competitive edge. (Circular Economy)

Stainless Steel

Develop and innovate green technologies for energy saving process, product performance, and industry development, and combine upstream, midstream, and downstream to create a carbon reduction and green industry chain.

Resources Business

Implement the green manufacturing process and ensure effective utilization of resources.
Develop green energy and carbon reduction projects in response to future risks and opportunities.

Objectives for 2023	2023 Results	Objectives for 2024
Development of green products for new electric vehicles, the EV charging plugs passed IEC and UL full-series cable certifications; Assembling and shipping large wind turbine tower cables. Undertaking collaborative industry- university-research to develop plastic recycling technologies.	Developed 25 CleanTech products, all of which have been certified, and completed the assembly and shipment of 9.5MW large wind turbine tower HV cables. Additionally, the customer has certified the 14MW offshore wind turbine tower high-voltage cables. Successfully identified the technology and partners required for development, verifying their capability to regenerate PE pellets, which can be utilized in recycled products in Taiwan.	Develop three new clean technology products and commenced mass production of 9.5MW DC wiring harness for offshore wind turbine tower. Assess technology transfer with partners, initiate technology transfer negotiations, and ensure the transfer of technology to the application evaluation stage.

Objectives for 2023	2023 Results	Objectives for 2024
Development process optimization: Green process for energy saving and carbon reduction. Development of high performance green products to enhance the performance on the application-end. Entering the green industry: Green energy, new energy vehicles, etc.	The steelmaking, steel rolling, finishing and cold finished steel processes were refined, reducing electricity consumption by 151,547kWh and natural gas consumption by 72,860m³ , which is equivalent to a carbon reduction of 1,270 tonnes of CO₂e. Completed the development of 4 high-performance stainless steel wire rods.	Continuously promote process improvement and refinement to increase productivity, effectively reduce power consumption, energy consumption, water saving, waste reduction to achieve carbon emission target. Enhancement of core technologies such as materials, processing and applications, and development of high-performance green products. Accelerating new product development and applying technical service capabilities to increase the number of customers in the green industry.

Objectives for 2023	2023 Results	Objectives for 2024
The average activation of all production plants to be ≧ 90%. Continuously optimize the optimal ratio of the reducing agent and thermal coal to achieve best production efficiency. For the new plant invested in 2022, to complete inspection, confirm the plant design is compliant with the plan, and cooperate with the local government in the implementation of relevant environmental regulations continuously.	The average activation rate of PT Walsin Nickel Industrial Indonesia's full production plants reached 94%. PT Sunny Metal Industry's average production activation rate from 2023Q2 to 2023Q4 reached 94%. Utilized Oxygen-Enriched operation^note to increase the efficiency of thermal coal usage and to enhance environmental improvement and financial performance. The full production of Rotary Klin Electric Furnace plant and Power plant have passed all Environmental Impact Assessment requirements and obtained the environmental permit and operating license. Note: Oxygen-enriched operation: Increase the oxygen concentration in the rotary furnace to increase the coal combustion rate and reduce coal usage.	The Indonesian plants continues to maintain a high activation rate of ≧ 90%. Explore plans to reduce carbon emission during combustion by 10%-15%. The Indonesian plants to obtain the ISO 9001 certification.

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Product and Technology Innovation

Walsin Lihwa actively invests in the development of green products and clean technology and regards them as core strategies for sustainable operations.

Green Product and Operation

Walsin Lihwa adopts the "Continued development of high performance green products to reduce the impact on the environment by moving toward a circular economy and improving the performance of the application-end" strategy and is committed to achieving "recycling and reuse" in the use of materials.

Product Quality and Responsibility

Walsin Lihwa adheres to the spirit of "foresight, persistence, and hard work in research and development" to implement PDCA cycle management of Plan, Do, Check, and Act.