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Resource Efficiency

Sustainability

Energy Management

Welhunt’s Energy Management Performance Over the Past 3 Years

Quantitative indicators	Unit	2023	2022	2021
Purchased non-renewable energy	kWh	231,138.49	191,872.26	111,317.33
Purchased non-renewable energy	GJ	832.10	690.74	400.74
Gasoline	L	29,220.88	18,163.23	8,321.95
Gasoline	GJ	953.63	592.76	271.59
Natural gas	m³	1,309.60	1,222.50	725.00
Natural gas	GJ	43.83	40.92	24.27
Total energy consumption	GJ	1,829.56	1,324.42	696.60
Energy intensity
Energy intensity	GJ/Person	0.94	0.21	1.26

Notes:

The conversion of the thermal energy value of electricity is 1kWh=0.0036GJ.
Electricity: 3,600KJ/kWh; gasoline: 7,800kcal/L; natural gas: 8,000 kcal/m^³; 1 kcal=4.184J.
Data for 2021 and 2022 were verified by an external third party (SGS). Data for 2023 were confirmed by an external third-party (a CPA firm).
At of the end of 2023, Welhunt employed 119 individuals across its global operations.

Greenhouse Gas Management

Overview of Welhunt’s GHG emissions

unit：tCO₂e

Greenhouse gas emissions		2023	2022	2021
Category 1: Direct greenhouse gas emissions		76.6071	39.6340	26.7036
Category 2: Indirect greenhouse gas emissions from imported energy		112.1535	94.7052	55.3728
Total greenhouse gas emissions for Categories 1 and 2		188.761	134.339	82.076
Categories 3-6: Other indirect greenhouse gas emissions	Category 3: Emissions from downstream transportation and distribution	2,188,380.5080	1,335,937.7941	1,279,188.1257
	Category 3: Emissions from employee commuting	38.1159	26.9948	14.9319
	Category 3: Emissions from business travel	722.2570	127.1563	4.6848
	Category 4: Emissions from upstream energy sector	40.8249	27.0871	16.0943
Total greenhouse gas emissions for Categories 3 to 6		2,189,181.706	1,336,119.032	1,279,223.837
Total greenhouse gas emissions for Categories 1 to 6		2,189,370.466	1,336,253.372	1,279,305.913

Notes:

The scope of this inventory includes the Asia Pacific office sites and the UK subsidiaries.
Taiwan’s electricity emission coefficient was based on the Energy Administration, Ministry of Economic Affairs’s figure of 0.494 kg CO₂e/kWh for 2023. Singapore’s coefficient is based on 0.4168 kg CO₂e/kWh for 2022 as per the Singapore Energy Market Authority. Indonesia’s coefficient is based on 0.61902 kg CO₂e/kWh for 2022 as per the Indonesian Ministry of Energy and Mineral Resources. China’s coefficient is based on 0.5568 kg CO₂e/kWh for 2021 as per the electricity emission coefficient in China.
The global warming potential (GWP) was based on the IPCC Sixth Assessment Report (2021).
Greenhouse gas inventories are compiled using the Operational Control Method.
According to WBCSD’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard, Categories 1 and 2 are required disclosures and Categories 3 to 6 are optional disclosures.
Other self-defined coefficients refer to the latest data from the Ministry of Environment’s product carbon footprint calculation platform and China Products Carbon Footprint Factors Database.

Water Resources Management

Water Resource Management Performance

Indicator	Unit	2023	2022	2021
Total Water Withdrawal	m³	3,742.12	4,244.82	1,059.00
Water Withdrawal Intensity	m³/person	31.45	38.94	16.29

Notes:

The data in this table was calculated by dividing the annual water withdrawal of Kaohsiung and Taipei (including offices, assets, and dormitories) by the total number of people in the two locations at the end of 2023, and then extrapolated to estimate the total water withdrawal for all persons included in the scope of this report.
The water withdrawal intensity per capita covers, as of the end of 2023, 72 people in Taiwan and 119 people globally.
In 2023, we expanded the operational boundaries to include a new subsidiary in the UK.

Waste Management

Unlike the general manufacturing industry, which produces a large amount of industrial and hazardous waste, the types of waste we produce are simple and can mainly be categorized as either general or recyclable waste.

Our Taipei office has negotiated with the building management committee since 2022 with the aim of recording the weight of waste on a floor-by-floor basis.

This suggestion was adopted and implemented by the management committee. While the Kaohsiung office started monitoring its waste data (general and reclaimed) in April 2023.

Based on the waste data from the management committee of the IBF Financial Holding Building, and the number of employees on the same floor as the Taipei office, along with Kaohsiung’s waste monitoring data in the past 9 months, it was estimated that Welhunt’s employees produced an average of 1.75 kg of general waste per person per month.

Therefore, it was further estimated that in 2023, the total general waste produced by 119 employees across Welhunt’s office sites in Asia Pacific the UK was about 2.47 metric tons.

For recyclable waste, we used the same method to obtain the amount of recyclable waste in 2023 to be about 1.18 metric tons.