Energy saving and carbon reduction targets

  • Better than statutory requirements, the annual electricity saving rate is greater than the regulatory target of 1%.
  • Reduce absolute scope 1 and 2 GHG emissions 51% by 2030 from a 2020 base year.
  • Reduce absolute scope 3 GHG emissions from purchased goods and services 25% by 2030 from a 2020 base year.
  • Carbon reduction achievements: Greenhouse gas emissions from Scope 1 and Scope 2 in 2024 were 88% lower than the 2020 baseline year.

Waste emission reduction target

  • Reduce non-hazardous waste intensity by 10% by 2030 from a 2023 base year.
 

Energy Management

Simplo Technology's primary energy use is purchased electricity, followed by diesel and gasoline use. 2024 will see a decrease in total energy consumption and an 8% decrease in energy intensity compared to the previous year. The major energy saving measures are:

1. Simplo Changshu built a highly efficient automated process, adding unmanned workshops and automated production line equipment to improve production efficiency.
2. Simplo Chongqing introduced the ISO 50001 energy management system and obtained third-party certification to continuously monitor and develop energy-saving measures to improve the efficiency of electricity consumption and achieve energy saving and carbon reduction.
3. Simplo Chongqing optimization of equipment parameters: optimization of ice machine outlet temperature, air compressor outlet pressure, power distribution room power, and optimization of rewelding furnace temperature.
4. Simplo Chongqing design program control: implement energy-saving improvement of lighting system, energy-saving project of loop water pump (replace an inverter chilled water pump).

Simplo Taiwan has a contracted capacity of more than 800kw, and has complied with the relevant energy-saving regulations. Statistics from 2015 to 2024, the total electricity saving of Taiwan headquarters is 960,000 kWh, and the average annual energy saving rate in 2024 reaches 1.03%.

Energy Efficient

Year Diesel fuel
(GJ)		 Gasoline
(GJ)		 Electricity -
non-renewable energy
(GJ)		 Electricity -
renewable energy
(GJ)		 Total energy
consumption (GJ)		 Output
(thousand sets)		 Energy intensity
(GJ／thousand sets)
2021 626 1,887 400,363 158,656 561,532 266,600 2.11
2022 444 1,343 90,966 416,206 508,960 206,250 2.47
2023 438 1,661 167,058 306,105 475,262 171,300 2.77
2024 346 1,639 58,179 366,227 426,391 166,970 2.55
Note:
1. Electricity conversion factor: 1 kWh=0.0036 GJ.
2. Heat conversion factors: diesel- Taiwan =0.035169 GJ/L, China= 0.042652 GJ/kg; gasoline- Taiwan = 0.032657 GJ/L, China= 0.043070 GJ/kg.
3. Energy intensity formula: energy consumption (GJ)/ thousand sets of battery modules.
4. The disclosure scope of the data in the above table is the parent and subsidiary companies of Simplo Group's consolidated financial statements (Not included in Simplo Vietnam).
 


 

  

Energy Conservation

Simplo is not high energy consuming industry, we committed to enhancing the energy utilization efficiency. For the energy saving, include the lighting, air-compression, chiller and other energy saving apply to effectively lower energy consumption.

 
 

Usage of Renewable Energy

Simplo Group is responding to the global transformation to low-carbon energy by installing rooftop solar photovoltaic systems, entering into renewable energy certificates to increase the proportion of renewable energy use. This gradual approach aims to achieve the RE100 target by 2040. In 2024, the Group's use of renewable energy accounted for 80% (note). The usage status of various renewable energy sources are explained below:

  • Installing rooftop solar photovoltaic systems:
    Since 2022, the main operational sites have installed rooftop solar photovoltaic systems, with a total capacity of 10.8 MW. The cumulative electricity generated amounts to 10,184 MWh, with a total investment of approximately NTD 250 million.
    Use solar energy facilities on the roof of our own factory buildings to generate electricity without affecting the natural ecology.

  • Signing Power Purchase Agreement (PPA):
    Signing a Power Purchase Agreement (PPA) with an electricity supplier for purchasing renewable energy. Monthly verification of the usage of renewable energy (wind and solar) will be done through the Jiangsu Electricity Trading Platform to obtain Green Electricity Certificates (GECs).

  • Purchasing renewable energy certificates:
    Purchase locally sourced renewable energy certificates such as International Renewable Energy Certificates (I-RECs).

  • Self-generated Renewable Energy Certificate application (T-REC):
    Expected to be completed in the fourth quarter of 2025.

Note: Renewable energy statistics are based on Simplo Group, including Simplo Taiwan, Simplo Chongqing, Simplo Changshu (including Huapu), Trend Energy, Trend Power, and Trend Power (Changshu), aligned with the RE100 initiative.
 

 

Waste Management

Simplo Technology adheres to the concept of "Reduce at Source, Resourcefulness of Waste" as the basis of waste management.Waste generated during operations process includes hazardous waste and general waste, all of which are managed and qualified local contractors for cleanup. Recyclable and household waste are sorted and then handed over to qualified contractors for cleanup and recycling. Waste management focuses on recycling and reuse. Waste that cannot be recycled is incinerated for energy recovery, and finally, any remaining waste will be disposed of in landfills.

Simplo Chongqing officially obtained the highest platinum level certification with the UL 2799 Zero Waste to Landfill, achieved 100% waste diversion rate, including 7% thermal energy recovery, we practice the reuse of waste resources and achieve a circular economy.

In 2024, the total amount of waste generated was 6,330 tons, of which 5,154 tons were recyclable and 1,176 tons were non-recyclable. We continue to promote waste reduction at the source and enhance in-plant waste recycling and reuse to minimize the environmental impact of our production processes.

Unit: tons

Year Category Incineration
(with energy recovery)		 Incineration
(without energy recovery)		 Others Recycle Total

2021

Hazardous waste

38

98

18

198

352

General waste

419

1,512

-

4,895

6,826

2022

Hazardous waste

44

70

29

219

362

General waste

332

1,008

1

4,468

5,809

2023

Hazardous waste

103

-

21

200

324

General waste

603

-

-

6,475

7,078

2024

Hazardous waste

118

-

24

149

291

General waste

1,034

-

-

5,005

6,039
Note: Description of other disposal: for Simplo (Taiwan), it is disposed of outside the borders of Taiwan；Simplo (Changshu) and Huapu have changed their waste treatment providers starting in 2023, and their waste incineration treatment equipment uses waste heat recovery.