Simplo Technology (TWSE: 6121) has publish 2024 Sustainability Report, this is 4th report since we started a new ESG journey in 2021 aligned with GRI Standards and verified by third party (SGS Taiwan LTD.,) and detailing the company's comprehensive efforts, achievements, goals, and future plans for sustainable business operations. Simplo Technology continues to engage with stakeholders to advance its corporate sustainability goals.

To enhance climate resilience, Simplo Technology has been actively implementing carbon management strategies. Since 2020, manufacturing sites have conducted annual ISO 14064-1  GHG inventories, and verified by third party.  We also passed the Science Based Targets initiative (SBTi) Evaluation and join RE100, committing to 100% renewable energy usage by 2040. With a top-down approach and steady execution, we dedicated to near-term reduction goal,  and towards to 2050 net-zero long-term goal.

Simplo Technology spare no effort to research and innovation, we collaborated with supplier on circular economy. Focus on  Post-Consumer Recycled Plastic(PCR) use on PET film materials  have 100% recycling rate, and use recycle on coper and cobalt (Co)  increased from 50% to 100%, enabling resource reuse and accelerating green product deployment.

Simplo Technology be a leading global battery module manufacturer, we remains committed to its vision of being “Be Your Best Battery Solution Provider.” Through innovation and action, the company continues to expand its sustainability impact and work with value chain partners toward a prosperous and sustainable future.

Note:
Near-Term Targets:
Reduce Scope 1 and 2 emissions by 51 % by 2030
Reduce Scope 3 emissions by 25% by 2030
The combined total emissions for Scope 1 and 2 in 2024 will be reduced by 88% compared with the 2020 base year, and renewable energy usage reaching RE80.

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