Chicony Electronics Strengthens Sustainability Resilience with First Consolidated TCFD & TNFD Report

Chicony Electronics (TWSE: 2385), a premier global leader in electronic components, has achieved a pivotal advancement in its ESG reporting. Following its 2024 commitment as a TNFD Adopter, the company today (29th) released its inaugural specialized report integrating both TCFD and TNFD frameworks—fulfilling its pledge well ahead of the 2025 disclosure deadline.

The report marks a transition from qualitative descriptions to financial quantification. By identifying the tangible fiscal implications of climate and nature-related risks, Chicony underscores its commitment to the IFRS S1 and S2.

Science-Driven Decision Making: From Policy to Action

Recognizing natural capital as the cornerstone of long-term business continuity, Chicony Electronics published its Biodiversity and Deforestation Policy in 2024 to serve as the Group's strategic roadmap for a Nature Positive future.

The report rigorously applies the TNFD LEAP approach, embedding Governance, Strategy, Risk Management, and Metrics & Targets into a unified corporate structure. To support this, Chicony utilized authoritative scientific models, including InVEST and ENCORE, to conduct a detailed ecological assessment across its global operating sites.

Local Implementation: Collaborative Efforts in Wugu and Thailand

This data-centric approach provides actionable insights for Chicony's Priority Locations, specifically its Taipei headquarters (proximate to Yan-ya Riverside Park) and its manufacturing site in Thailand (located near mangrove wetlands).

By identifying the dependency of these sites on ecosystem services, such as water regulation and soil stability, Chicony has developed precise adaptation strategies. Initiatives including the "Wugu Wetland Guardianship Action" with The Society of Wilderness (SOW) and mangrove restoration in Thailand represent optimized investments in nature-based solutions. These actions, rooted in ecological science, will continue to expand through deepening partnerships.

Moving Beyond Compliance: Translating Sustainability into Tangible Financial Impact

Chicony has successfully executed the "Assess" phase of the LEAP process-the most technically complex stage-to link nature-related risks directly to financial performance.

Through Scenario Analysis, the company has estimated the potential impacts on revenue, asset values, and operating costs under scenarios of extreme weather or ecosystem degradation. This transparency addresses the focus of international investors on Financial Materiality, demonstrating Chicony’s capability to integrate environmental risks into its core management metrics.

In addressing the dual challenges of climate change and biodiversity loss, Chicony has chosen a path of proactive transparency.

By publishing this consolidated report as a TNFD Adopter, we are translating ecological risks into the language of finance.

Our goal is to make these risks visible and manageable, ensuring our business remains resilient and competitive in a resource-constrained future.

About Chicony Electronics

Founded in 1983, Chicony Electronics (TWSE: 2385) is a preeminent global provider of high-quality, mission-critical components. By proactively integrating ESG principles into its core strategic framework, the company is committed to achieving Net Zero emissions and a Nature Positive future by 2050. Through robust collaboration with its supply chain partners, Chicony continues to foster shared, sustainable value for all stakeholders. https://esg.chicony.com/chicony/en/

Related Links

l   Chicony Electronics 2024 TCFD & TNFD Report: https://eftp.chicony.com/ChiconyESG/2024ChiconyTCFD&TNFDReport_EN.pdf

l   Chicony Electronics Biodiversity and Deforestation Policy: https://esg.chicony.com/chicony/policy-detail/biodiversity_EN/

l   TNFD Adopter List: https://tnfd.global/engage/tnfd-adopters-list/?sf_paged=2

l   Chicony ESG Official Website: https://esg.chicony.com/chicony/en/