Environment
Phihong deeply recognizes the importance of Earth's resources and sustainable development. The company actively promotes environmental management systems and aligns with global carbon reduction trends. Using 2021 as the baseline year, Phihong aims to achieve a 42% reduction in carbon emissions (Scope 1+2) by 2030, working toward net-zero emissions by 2050.
Sustainable Environmental Management
Phihong upholds the philosophy of “global symbiosis and a greener planet,” actively promoting sustainable development and embedding environmental sustainability deeply into its corporate culture. The Company continuously enhances employees’ environmental awareness and fully implements its environmental management targets through cross-departmental collaboration. To enhance climate resilience, by the end of 2024, Phihong strengthened its alignment with the Task Force on Climate-related Financial Disclosures (TCFD) and introduced the Task Force on Naturerelated Financial Disclosures (TNFD) framework. A comprehensive climate risk assessment process was established to systematically evaluate risks and opportunities, as well as
dependencies and impacts. Environmental targets are now closely integrated into managementlevel KPIs to reinforce climate governance.
In addition, Phihong actively engages in the research, development, and manufacturing of green products, promotes the adoption of renewable energy, and continuously reduces carbon emissions through energy management and the greenhouse gas inventory system. In terms of waste management, the Company strictly enforces the classification and treatment of hazardous and non-hazardous waste, emphasizes source reduction, and maximizes recovery and reuse efforts to realize resource circulation, and advance environmental sustainability.
Phihong pays closely monitors international environmental issues and trends. In addition to complying with environmental regulations in all global operating locations, the Company adopts a proactive and prudent approach to comprehensively promote environmental policies and related initiatives. Grounded in its corporate social responsibility and the target of sustainable operation, Phihong is committed to pollution control, energy conservation, and carbon reduction, and continues to contribute to environmental protection through ongoing action.
Phihong adopts a comprehensive approach to environmental issues, covering four major aspects: climate change, green product development, pollution control, and company-wide environmental engagement. Leveraging a product lifecycle perspective, the Company integrates environmental considerations across product design, raw material supply, manufacturing processes, factory operations, end products, after-sales services, and waste treatment, striving to minimize environmental and climate impacts.
Starting from 2024, all Phihong plants across the Group have fully implemented the ISO 50001 Energy Management System, further strengthening energy-saving and carbon reduction efforts to actively reduce the corporate carbon footprint. Phihong adheres to international standards to maintain the effectiveness of its environmental management certifications, including ISO 14001 and ISO 14064-1. Through annual reviews of environmental objectives, the Company continuously optimizes environmental management performance and advances toward its sustainable development goals.
