Environmental Sustainability

PLANET attaches great importance to the implementation of green energy, carbon reduction and environmental protection policies in its R&D and production. Environmental sustainability has been incorporated into the company’s management system with the setting of short-, medium- and long-term goals for environmental sustainability. PLANET strives to track the latest developments in environmental issues such as energy and climate change, improvement on energy efficiency and elimination of polluting emissions, pursuing its goal of “Road to Zero”.

PLANET’s Environmental Sustainability Goals

PLANET 2050 Net Zero Carbon Emissions Roadmap

The impact of climate change has become quite urgent, and the climate issue has attracted international attention. PLANET is actively facing challenges from climate change. Develop the "PLANET 2050 Net Zero Carbon Emissions Roadmap".

Greenhouse Gas Inventory and Assurance

PLANET has adopted an operational control approach to define organizational boundaries and calculate GHG emissions according to the regulations of ISO 14064-1 and GHG Protocol. The company has set the year 2022 as the “base year” to calculate GHG emissions and, for the first time, passed the ISO 14064-1 GHG inventory certification conducted by third-party certification organization. The company's major GHG emissions include carbon dioxide (CO2), methane (CH4) and HFCs (HFCs).

According to the results of the GHG inventory, the main source of PLANET's GHG emissions is Scope 2 externally-purchased electricity. Therefore, the company's main measures for GHG reduction are to improve energy efficiency and to use renewable energy.

◾ Renewable Energy Use

The use of renewable energy is one of the key strategies for achieving net zero emissions. In 2020, PLANET started to deploy the use of renewable energy, and signed a letter of intent to purchase green electricity with a renewable energy supplier. In 2021, the company signed “the contract for sales and purchase of renewable electrical power with certificate”.

In 2022, PLANET participated in “The Climate Pledge” RE10X10, declaring that, by 2025, the company’s green electricity consumption will account for at least 10% of the total electricity consumption. In July 2022, the company has finally been supplied the green electricity. By December 2022, the company has obtained 29 Renewable Energy Certificates, and consumed 29,000 KWH of solar green electricity.

◾ Green Product Design and Renewable Energy Network Product Development

With its emphasis on the R&D of eco-friendly product design, PLANET set standards to developing products with “green” design, from technical development, sourcing, manufacturing, product use, transporting and recycling.

PLANET is the first brand to integrate renewable energy and Ethernet transmission technology. Its Renewable Energy network product series is designed for off-grid renewable energy applications in natural reserves or remote areas. As the power of the network infrastructure comes from renewable energy sources like solar power, wind power or hydro power, there is no need for utility power, thus helping the CO2 emissions and limiting global warming and climate changes. More information.

◾ Green Supply Chain Management

PLANET sets up “green supply chain management system” to ensure that all our products are manufactured with least impact to our environment. PLANET also establish a "green supply chain management platform", cooperating with our suppliers to manage green products and carbon footprint in order to move towards a sustainable green supply chain. More information.

Building a Low Carbon and Environmentally Sustainable PLANET

To accomplish its goal of “ Environmental Sustainability”, the company attached great importance to the issues such as such as “climate change”, “ biodiversity”, “environmental education”, and “resource recycling”.

◾ Carbon management
Project Name Project Details Estimated electricity saving (Monthly)
Office LED lamps replacement project Replacing the old office lamps with energy-saving LED lamps as office lighting 1,958 KWH
Air conditioning energy-saving operation project (1) Unified setting of office air conditioning temperature, every 1°C higher can save 4% energy consumption
(2) Independent air conditioning systems are turned on and off according to needs, and carbon reduction can be achieved through the change of operation mode.
Energy-saving fans replacement project Replacing the old office fans with energy-saving fans as the office ventilation equipment 327KWH
Installation of timers to water dispensers The water dispenser is set to be turned off at a regular time with timer. 73KWH

※ Calculation of power saving: wattage of equipment x quantity of equipment x monthly service time /1000(kwh)

◾ Biodiversity

【Reduction of Air Pollution and Carbon Emissions】
PLANET has long been concerned about the impact of climate change on the Earth's environment, such as the extreme climate and ecological imbalance caused by the greenhouse effect. The company, in liaison with International Nature Restoration Action Association (INRAA), launched the “Clean air, Clear mind action” program, which encouraged the use of rice straw decomposing bacteria to reduce carbon emissions from burning rice straws and protect public health. Another benefit of the method is that rice straw waste can be decomposed and recycled on site, and organic substances in the soil can be increased to facilitate biodiversity.

【Water Resource Conservation】
Since 2010, PLANET has been working with Tse-Xin Organic Agriculture Foundation in supporting Pinglin organic tea plantation for 13 consecutive years. This action has improved the quality of water and protected the ecosystems surrounding areas of the Feitsui Reservoir. At the same time, organic farming also helps mitigate climate change by reducing carbon emissions.

◾ Waste management

PLANET's waste mainly comes from its R&D, testing, maintenance processes and packaging materials used in delivery and storage by suppliers, including waste electronic, electrical, IT products, waste paper, waste plastics, etc. To reduce the impact on the environment and promote green product design, the company carries out waste management projects and measures to recycle waste, reduce the consumption of raw materials from the source and recover reusable materials.

In 2022, the weight of general industrial waste was 4.052 metric tons, with a recycling rate of 99.85%. The weight of e-waste was 0.391 metric tons, and the recycling rate was 9.64%.

◾ Implementation of Environmental Education and Action

【Recycling Economy】
Through environmental education and open and credible third-party platforms, PLANET encourages its employees to donate unused materials, to promote environmental awareness among employees and practice carbon reduction.

【Veggie Tuesdays for Environmental Protection】
PLANET organizes “Veggie Tuesdays for Environmental Protection” activity. The company cooperates with vegetable food restaurants and provides vegetarian meal to employees on Tuesdays.

【Mountain cleanup】
Supporting the guarding of forest and mountain ecosystem.

【Training and Promotion】
Organizing environmental sustainability training and promoting environmental protection concepts.

Climate-related Financial Disclosure

PLANET proactively responds to the risks posed by climate change, seizing opportunities in the transition to a low-carbon economy, and allocating resources to enhance its competitiveness and operational resilience.

In 2022, the company compiled the TCFD report for the first time, and would take a phased approach to implement the TCFD framework, with the aim to gradually integrate the TCFD into the company’s operation strategy and investment decision. For details, please refer to PLANET’s 2022 TCFD Report.