- Impact of the Coronavirus pandemic, resulting in a 24.5% decrease in consolidated revenue.
- Gradual reduction of production in Shenzhen Xurong factory, leading to one-time impairment losses and layoff expenses.
- Increased labor costs in China and the rise of mainland competitors.
- Shortage of raw materials in the electronic supply chain.
- Difficulty in recruiting and cultivating cross-domain integrated talents.
Silitech Technology Corporation
Greenhouse gas emissions & sustainability report data
In its 2020 reporting, Silitech Technology Corporation disclosed greenhouse gas emissions of 2.6K tCO2e/year (estimated for 2021 South China factory). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
2.6K tCO2e/year (estimated for 2021 South China factory)
2020
✅ Reported Environmental Achievements
- Reduced carbon emissions year-over-year from 10,970 tons in 2016 to an estimated 2,604 tons in 2021 at the South China factory.
- Implemented energy conservation, carbon reduction, and greenhouse gas reduction strategies.
- Obtained ISO 14001, ISO 50001 certifications.
- Implemented Hazardous Substance Free (HSF) project meeting EU RoHS standards.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Find new market applications based on existing core technologies.
- Build a business development platform and process.
📅 Medium-term
- Develop high value-added products based on existing core technologies.
- Continuously strengthen core technical capabilities.
- Establish new core technologies and products based on market trends.
- Develop products for cross-industry applications.
🔭 Long-term
- Deploy and adjust production bases flexibly and effectively.
- Introduce automated processes.
- Establish a smart manufacturing production model.
- Seek a strategic alliance of peers or different industries.
🌱 ESG Focus Areas
Environmental ProtectionEmployee Well-beingCorporate Governance