Potential offtaker

Wistron Corporation

www.wistron.com

Estimated electricity consumption

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Countries of production presence

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Wistron Corporation is a Taiwan-based company that operates in the Electronics Manufacturing Services (EMS) and Original Design Manufacturing (ODM) sector. The company was founded in 2001 and has since become a leading player in the global electronics industry. Wistron provides a wide range of services to its clients, including product design, engineering, manufacturing, and after-sales support. The company has a global presence, with operations in Asia, Europe, and the Americas.

Wistron is committed to sustainability and decarbonisation, and has implemented a number of initiatives to reduce its carbon footprint and promote renewable energy. The company's corporate energy policy focuses on reducing energy consumption, increasing efficiency, and using renewable energy sources. Wistron has set a target to reduce its carbon emissions by 50% by 2030, compared to 2016 levels.

One of the key initiatives that Wistron has undertaken to achieve its decarbonisation goals is the implementation of corporate power purchase agreements (PPAs) for renewable energy. A PPA is a long-term agreement between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period of time. By entering into PPAs, Wistron is able to secure a stable and predictable supply of renewable energy, while also supporting the development of new renewable energy projects.

Wistron has signed several corporate PPAs for renewable energy in recent years. In 2018, the company signed a 20-year PPA with a wind farm in Taiwan, which will provide Wistron with 100% of its electricity needs for its manufacturing facilities in the country. The wind farm is expected to generate 180 million kilowatt-hours of electricity per year, which is equivalent to the electricity consumption of 50,000 households. This PPA is one of the largest corporate renewable energy deals in Taiwan to date.

In addition to PPAs, Wistron has also invested in on-site renewable energy generation. The company has installed solar panels on the roofs of its manufacturing facilities in Taiwan, which generate a total of 15 megawatts of electricity. This on-site generation helps to reduce Wistron's reliance on grid electricity, and also provides a hedge against electricity price volatility.

Wistron's commitment to renewable energy and decarbonisation is also reflected in its product design and engineering. The company has developed a range of energy-efficient products, including smartphones, tablets, and laptops, which are designed to minimise energy consumption and extend battery life. Wistron's products are also designed to be easily recyclable, with a focus on reducing waste and minimising the environmental impact of the product lifecycle.

Wistron's sustainability efforts extend beyond energy and renewable energy. The company has implemented a range of initiatives to reduce waste, conserve water, and promote social responsibility. Wistron has set a target to achieve zero waste to landfill by 2025, and has implemented a range of waste reduction and recycling programs across its global operations. The company has also implemented water conservation measures, including the use of water-efficient manufacturing processes and the recycling of wastewater.

In terms of social responsibility, Wistron has implemented a range of initiatives to promote employee welfare and community engagement. The company has established a number of employee welfare programs, including health and safety training, wellness programs, and financial assistance for employees in need. Wistron also supports a range of community initiatives, including education and environmental conservation programs.

In conclusion, Wistron Corporation is a leading player in the global EMS/ODM sector, with a strong commitment to sustainability and decarbonisation. The company has implemented a range of initiatives to reduce its carbon footprint and promote renewable energy, including the use of corporate PPAs and on-site renewable energy generation. Wistron's sustainability efforts also extend to waste reduction, water conservation, and social responsibility. As the global electronics industry continues to grow, Wistron's commitment to sustainability and decarbonisation will be a key factor in its continued success.