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 “2050 Net Zero Carbon Emissions”.
PLANET’s Environmental Sustainability Goals
In the face of global climate change and environmental issues, while maintaining the Earth's temperature rise not exceeding 1.5 ℃, maintaining the environment and biodiversity and paying attention to the enterprise growth risks and potential market opportunities, PLANET implements climate and environmental actions, systematically practices forward-looking management and sets short-term, medium-term and long-term environmental sustainability goals.
Key Milestones in PLANET's Climate and Environmental Actions
Climate Information Disclosure
PLANET actively responds to the risks brought about by climate change, seizes the opportunities obtained in the process of transforming into a low-carbon economy and effectively allocates resources to enhance the competitiveness and operational resilience of the enterprise. In order to present the impact and influence of climate change on the company in a concrete manner, PLANET adopted a phased approach to implement the TCFD framework for the first time in 2022. Furthermore, PLANET published 2023 TCFD Report which was assured by an independent third-party with Level-5: Excellence grade, the highest maturity.
In addition, PLANET actively joined the TCFD initiative and, in 2023, officially became a TCFD Supporter to continuously and gradually integrate TCFD framework into operational strategies and investment decisions. Please refer to the PLANET 2023 TCFD Report.
In 2023, PLANET participated in the Carbon Disclosure Project (CDP) for the first time and was rated C Awareness Level, the same as the global average of C. PLANET aims to reveal carbon emission inventory equivalent and carbon reduction effectiveness, identify regulatory and physical risks and give responses to carbon saving management questionnaire, strengthen PLANET's ability to respond to climate change and evaluate energy depletion, resource scarcity, extreme weather, sea level rise and other issues in order to reduce operational risks and costs and further transform various risks into green circular economy business opportunities to improve the sustainability of enterprise operations.
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
PLANET sets organizational boundaries based on the operational control method by referring to the ISO 14064-1 standards, and sets the base year as 2022. The main greenhouse gas emissions include carbon dioxide (CO2), methane (CH4) and hydrofluorocarbons (HFCs). The differences in emissions between 2023 and 2022 are described as follows:
- Scope 1 direct greenhouse gas emissions were 45.42 metric tons of CO2e, an increase of 9.4% from 2022, mainly due to the addition of air conditioning equipment.
- Scope 2 indirect greenhouse gas emissions were 277.97 metric tons of CO2e (market), a decrease of 15.3% from the greenhouse gas emissions of 328.13 metric tons of CO2e (market) in 2022, mainly due to the replacement of central air conditioning hosts in public areas in 2023, resulting in a decrease in electricity consumption and an increase in the proportion of renewable energy usage.
- Scope 3 other indirect greenhouse gas emissions were 514.44 metric tons of CO2e, an increase of 277% from 2022, mainly due to the expansion of the inventory scope of upstream and downstream transportation. The summary of the results of greenhouse gas emission inventory in the past three years is shown in the table below.
◾ Results of PLANET's Greenhouse Gas Emission Inventory in the Past Three Years
| Year | 2021 | 2022 | 2023 | |||
|---|---|---|---|---|---|---|
| Inventory scope | 7th to 11th floors and 2nd floor, No. 96 and B1 No. 96, B1 No. 98 and B1 No. 100 Minquan Road, Xindian District, New Taipei City | 7th to 11th floors and 2nd floor, No. 96 and B1 No. 96, B1 No. 98 and B1 No. 100 Minquan Road, Xindian District, New Taipei City | 7th to 11th floors and 2nd floor, No. 96 and B1 No. 96, B1 No. 98 and B1 No. 100 Minquan Road, Xindian District, New Taipei City | |||
| Scope 1: Direct emissions | 6.31 | 41.50 | 45.42 | |||
| Scope 2: Indirect energy emissions | Region | Market | Region | Market | Region | Market |
| 350.40 | N/A | 342.90 | 328.13 | 321.89 | 277.97 | |
| Scopes 3-4: Other indirect emissions | N/A | 136.28 | 514.44 | |||
Remarks:
- The data on greenhouse gas inventory for 2022 and 2023 was verified by a third-party organization.
- The Global Warming Potential (GWP) is based on the IPCC Sixth Assessment Report (2021).
- Scope 1 greenhouse gas emissions verified by a third-party in 2022 were 24.39 metric tons of CO2e. However, the inventory of 17.11 metric tons of CO2e greenhouse gas emissions from the fugitive emission sources - testing equipment was omitted in 2022, so they were revised to 41.50 metric tons of CO2e.
Due to business development and production capacity impact, PLANET explains the correlation between production capacity scale and emissions based on greenhouse gas emission intensity to realistically reflect the impact of changes in production capacity specifications on greenhouse gas emissions and reduction target achievement rates. The correlation between production capacity scale and emissions is explained by the intensity of greenhouse gas emissions.
The greenhouse gas emission intensity of PLANET in the past three years has shown a downward trend. In 2023, the greenhouse gas emission intensity was 0.1753 metric tons of CO2e per NTD million, a decrease of 18.41% compared to 2022.
◾ Renewable Energy Use
The use of renewable energy is one of the key strategies in the net-zero emission path. PLANET laid out the use of renewable energy and signed a letter of intent for cooperation in green electricity purchase with renewable energy electricity sellers in 2020, signed the "Renewable Energy Electricity and Certificate Purchase and Sales Contract" in 2021, and participated in the RE10X10 Climate Declaration in 2022, announcing that the company would use green electricity accounting for at least 10% of the total electricity consumption by 2025. In July of the same year, PLANET officially switched to green power supply. PLANET obtained a total of 85 renewable energy certificates in 2023 and used a total of 88,722 kWh of green electricity, accounting for 13.6% of the company's total electricity consumption, reducing carbon emissions by 43.92 metric tons of CO2e.
◾ 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. |
2,387KWH |
 |
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)
◾ Nature and Biological Diversity
【Clean air, Clear mind action to reduce air pollution, reduce carbon emissions and enhance biodiversity】
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.
PLANET caused rice straws to be stopped burning through the "Clean air, Clear mind action" initiative to reduce air pollution, reduce carbon emissions and enhance biodiversity. In response to the 4 Per 1000 initiative, PLANET officially became a member of the initiative in May 2023, continuing to contribute to soil health, food security and climate change. Click to the list of members and partners of the “4 per 1000” Initiative
【Cultivation of Pinglin Organic Tea Gardens to Protect Water Sources, Reduce Carbon Emissions and Enhance Biodiversity】
As PLANET’s production processes do not involve use of water, the company takes ecological water resources protection as the direction of its sustainable water resources management works. Since 2010, PLANET has been working with Tse-Xin Organic Agriculture Foundation.
【World Environment Day - Tree Planting to Increase Forest Carbon Sinks and Enhance Biodiversity】
PLANET has teamed up with customers to climb the peak of environmental protection. Since 2022, PLANET has chosen to launch a significant green campaign in the Madagascar region at this special moment of World Environment Day, planting 21,000 trees.
◾ 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, Promotion and Action】
Environmental lectures and promotions are held from time to time to enhance employees’ awareness of environmental sustainability. Also, invite our customers, suppliers, and NGO partners to respond to international environmental issues and protect the earth together.
