ESG Management
Sustainable Development Blueprint of Nan Pao
Nan Pao has determined 2021 to be the first year of sustainability for the Company. In accordance with the vision and mission of the "Sustainable Development Committee Charter," the Company has designated the Sustainable Development Committee as the highest-level decision-making center for ESG, chaired by the Chairperson. The "ESG team" comprises senior executives of different areas and multiple professional backgrounds, reviewing the core operational capabilities of the Company collectively, establishing short, medium and long-term ESG development directions, and fostering the core competitive advantage of Nan Pao concertedly.
Achieving SDGs
For the stiff challenges facing all humanity, Nan Pao is keen to achieve the Sustainable Development Goals (SDGs). Under the leadership of the Sustainable Development Committee, Nan Pao has established four sustainability policies and selected nine main SDGs. The ESG team takes charge in coordinating cross-departmental resources and forces, formulating 18 measurable and time-sensitive long-term goals to incorporate SDGs into the organizational culture and routine operational activities. The team collaborates with internal and external stakeholders to consistently explore and research governance/economic, environmental and social development opportunities so as to co-create value and share a sustainable future.
Water resource management and reuse water. Powder coating for water pipes provides higher quality and sustainable tap water. Using recycled carbon dioxide derivatives as raw materials for excellent flexibility and breathability. Recycling and reusing solvents and waste; degradable products and chemicals of the circular economy; recycling and reuse of material resources, sustainable packaging, etc.
Community building: after-class tutoring, chemical courses, environmental courses. Environmental protection and public welfare: enhance the passion and breadth of employee participation. Prioritize providing job opportunities for community residents. Industry-academia collaboration. Provide building materials and funds for infrastructure repairs.
ISO 50001 energy management system and measures to reduce energy consumption. Installation of renewable energy equipment. Low-carbon products (reduced production processes, eco-friendly raw materials, etc.). Collaborating with upstream and downstream partners to promote sustainable projects.
Strengthen sustainability connections with strategic partners. Supplier chain management on environmental and social aspects. Co-procurement management implementing the Task Force on Climate-Related Financial Disclosures (TCFD).
Sustainable Investment
In 2024, Nan Pao invested NT$26,609 thousand in energy-saving and environmentally sustainable machinery and equipment. The details are as follows: