Advantech's Global Collaboration
for Sustainable IoT Applications and Vision
for an Intelligent Future.
Advantech collaborates globally for sustainable IoT applications.
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Smart Solutions
Advantech has addressed water shortages with intelligent water resource treatment and management and reduced carbon emissions via electric vehicles (EV) and smart factory energy management.
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ESG Integration at Advantech
The acronym, representing environmental, social, and corporate governance, encapsulates the trio of sustainability facets that we prioritize.
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In 2021, Advantech achieved notable progress in environmental sustainability. They identified sustainable uses for existing products, with 12.1% of revenue coming from them.
The company set ambitious Science-Based Targets for carbon reduction, aiming for a 60% reduction in Scope 1 and Scope 2 products and a 49% reduction in Scope 3 products by 2030, based on 2019 levels. Advantech underwent a successful compliance review by the Science-Based Targets Initiative, becoming the third technology company in Taiwan to pass.
The company also earned a B Listing in the CDP Climate Change Questionnaire, showcasing its commitment to environmental stewardship.
In 2021, Advantech achieved notable progress in environmental sustainability. They identified sustainable uses for existing products, with 12.1% of revenue coming from them.
The company set ambitious Science-Based Targets for carbon reduction, aiming for a 60% reduction in Scope 1 and Scope 2 products and a 49% reduction in Scope 3 products by 2030, based on 2019 levels. Advantech underwent a successful compliance review by the Science-Based Targets Initiative, becoming the third technology company in Taiwan to pass.
The company also earned a B Listing in the CDP Climate Change Questionnaire, showcasing its commitment to environmental stewardship.
In addition, Advantech actively fosters a culture of innovation and sustainability by collaborating with students in real-world sustainability challenges, such as our collaboration with a group of students from a Dutch University for the SDG Challenge, showcasing our commitment to making a positive impact on the world.
By engaging with the younger generation, the company seeks fresh perspectives and innovative solutions to address pressing environmental and social issues.
This collaborative approach not only aligns with its commitment to UN SDGs #9 (Industry, Innovation, and Infrastructure) and #4 (Quality Education) but also reinforces its dedication to cultivating a future generation of leaders who prioritize sustainability in their endeavors. Through these collaborative initiatives, Advantech aims to contribute to a more sustainable and socially responsible future.
In addition, Advantech actively fosters a culture of innovation and sustainability by collaborating with students in real-world sustainability challenges, such as our collaboration with a group of students from a Dutch University for the SDG Challenge, showcasing our commitment to making a positive impact on the world.
By engaging with the younger generation, the company seeks fresh perspectives and innovative solutions to address pressing environmental and social issues.
This collaborative approach not only aligns with its commitment to UN SDGs #9 (Industry, Innovation, and Infrastructure) and #4 (Quality Education) but also reinforces its dedication to cultivating a future generation of leaders who prioritize sustainability in their endeavors. Through these collaborative initiatives, Advantech aims to contribute to a more sustainable and socially responsible future.
Since 2013, Advantech has issued an annual Corporate Social Responsibility Report. In 2020, the company established the ESG Corporate Sustainability Committee and Office, overseeing projects in governance, environmental, and social aspects.
By July 2022, the committee was elevated to the board-level SDC Corporate Sustainability Committee. Comprising three members, including the chairman, an independent director, and a director, the committee is responsible for managing climate change.
The ESG Office reports quarterly progress on material ESG topics and projects. In 2022, four board meetings addressed ESG-related matters, such as risk management, human resources evolution, greenhouse gas inventory, stakeholder communication, and progress in RE100.
Since 2013, Advantech has issued an annual Corporate Social Responsibility Report. In 2020, the company established the ESG Corporate Sustainability Committee and Office, overseeing projects in governance, environmental, and social aspects.
By July 2022, the committee was elevated to the board-level SDC Corporate Sustainability Committee. Comprising three members, including the chairman, an independent director, and a director, the committee is responsible for managing climate change.
The ESG Office reports quarterly progress on material ESG topics and projects. In 2022, four board meetings addressed ESG-related matters, such as risk management, human resources evolution, greenhouse gas inventory, stakeholder communication, and progress in RE100.
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What is the Science-Based Targets Initiative (SBTI)?
The Science-Based Targets Initiative (SBTI) is a strategic framework that Advantech employs to address climate change effectively. It involves setting specific, measurable, and science-based targets for reducing the carbon intensity of products across different scopes (Scope 1, Scope 2, and Scope 3). By aligning with SBTI, Advantech aims to contribute to global efforts in combating climate change and adhering to sustainable practices.
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How does Advantech ensure transparency in reporting?
Advantech ensures transparency in reporting through its annual sustainability reports, systematically sharing performance and advancements in Environmental, Social, and Governance (ESG) fronts. The company integrates ESG into its core values, employing a comprehensive framework overseen by the ESG Corporate Sustainability Committee and Office.
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What specific actions has Advantech taken in social responsibility?
Advantech has demonstrated its commitment to social responsibility through various initiatives. The company utilizes its IoT technology to contribute significantly to intelligent medical care, aligning with UN Sustainable Development Goals. Additionally, Advantech actively engages in initiatives supporting education, healthcare, and collaborative projects with universities, reflecting its dedication to social well-being.
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Do you need more information related to Advantech's ESG initiatives?
Visit our global ESG page for exciting insights, impactful projects, and the latest trends in environmental, social, and governance practices. Access extra material that goes beyond the surface, and join us on the journey towards a more sustainable future.
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Sustainable Development Goals (SDGs)
ButtonEnacted by the United Nations General Assembly in 2015 and comprises a collection of 17 global objectives. These goals are integral to the broader framework known as the 2030 Agenda for Sustainable Development.
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The 17 Goals
ButtonThe Sustainable Development Goals address global challenges, from poverty to climate change, embodying a comprehensive approach for a sustainable future.
SDG Challenge
The SDG Challenge unites diverse young professionals to tackle real sustainability issues, fostering innovation and resilience. The aim is to address and solve challenges, contributing to 17 global objectives for a sustainable world.
Advantech X SDG Challenge
Our vision is to "Enable an Intelligent and Sustainable Planet” and our participation in the SDG Challenge reflects this dedication. Collaborating with students in real sustainability challenges for fresh perspectives and solutions.
Sustainable Development Goals (SDGs)
Enacted by the United Nations General Assembly in 2015 and comprises a collection of 17 global objectives. These goals are integral to the broader framework known as the 2030 Agenda for Sustainable Development.
Button
The 17 Goals
The Sustainable Development Goals address global challenges, from poverty to climate change, embodying a comprehensive approach for a sustainable future.aption here
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SDG Challenge
The SDG Challenge unites diverse young professionals to tackle real sustainability issues, fostering innovation and resilience. The aim is to address and solve challenges, contributing to 17 global objectives for a sustainable world.
Button
Advantech X SDG Challenge
Our vision is to "Enable an Intelligent and Sustainable Planet” and our participation in the SDG Challenge reflects this dedication. Collaborating with students in real sustainability challenges for fresh perspectives and solutions.
Button
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