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Improve Resource Efficiency

Improve Resource Efficiency

We utilize the World Resources Institute's AQUEDUCT Water Risk Atlas to assess water risks at its operating sites. The findings indicate that the water resource risks for our sites in Taiwan (Kaohsiung and Taipei), China (Guangxi), and Singapore were situated in regions with low to medium risk levels.

Our subsidiary in Indonesia, located in Jakarta, faces a notable water risk. This is primarily due to the expensive tap water and local residents excessively extracting groundwater, resulting in land subsidence, heightened vulnerability to floods, and the potential impact of rising sea levels in the area.

We conducted a thorough assessment of our operational water usage patterns and determined that there are no significant water-intensive activities during our regular operations.

The purpose of water withdrawal is for domestic use by our employees and visitors (drinking water, washing, cleaning, toilet use, etc.). We mainly consume third-party water (tap water) and do not use groundwater, nor do we compete with the local community for water resources that cause water pollution.

The sewage systems at our sites adhere to regional regulations, ensuring legal discharge through pipelines into sewage sewer systems or drainage systems in accordance with local mandates.

Since our operating sites are office spaces without production activities, the water withdrawal roughly matches the amount of water discharge. Nevertheless, we consistently encourage our employees to practice water conservation in both office and dormitory settings. We advocate water conservation by employing water-saving bathroom fixtures, and we plan to persist in water-saving initiatives, including the potential installation of water-saving valves on faucets as deemed suitable in the future.

Water Resource Management

Description:

1. The data in this table was calculated by dividing the annual water withdrawals of Kaohsiung and Taipei (including offices, assets, and dormitories) by the total number of people in these two locations at the end of 2022. This calculation was then extrapolated to estimate the total water withdrawals for all individuals within the scope of this report.

The subsidiaries in China and Indonesia began operations in August and September 2022, respectively. The estimated water consumption of these two locations has been calculated in proportion to the number of months in operation.

We present water withdrawal intensity in two ways:

  • Per capita water withdrawal intensity, with a total population of 71 people as of the end of 2022.
  • Unit net profit water withdrawal intensity, with a consolidated net profit of NTD 627.168 million in 2022.

The increase in the water withdrawal during 2022 was mainly due to the expansion of the boundaries of the survey and the inclusion of the water consumption from the subsidiaries in China and Indonesia and the assets and dormitories in non-operating locations in Taiwan compared with the prior year.

Waste management

Welhunt is not a manufacturing company. Unlike traditional manufacturing industries that generate significant quantities of industrial and hazardous waste, our waste can be simplified into two categories: general waste and recyclables. Except for our Kaohsiung operation base, which handles waste internally, the Taipei and Singapore offices contract a property management company for waste management services. These services include waste sorting, weighing, recycling, cleaning, transportation, and incineration for power generation. Our Taipei office initiated discussions with the building management committee in 2022 to implement a waste recording system, which includes tracking waste weight on a floor-by-floor basis. This suggestion was accepted and put into practice by the management committee. In April 2023, the Kaohsiung office also commenced monitoring its waste data, covering both general and recycled waste.

Based on waste data provided by the management committee of the IBF Financial Holding Building to Welhunt's Taipei office, and the waste monitoring data from Kaohsiung office over the past few months, it is calculated that Welhunt's employees generated an average of 1.32 kg of general waste per person per month. Extrapolating this across all locations (Taiwan, Singapore, Indonesia, and China) with a total of 109 employees in 2022, it is estimated that approximately 1.47 tons of general waste were produced. Similarly, using the same method, it is estimated that about 1.86 metric tons of recyclable waste were generated in 2022.

To promote waste reduction, we utilize slogans to remind employees to practice recycling and proper waste separation. Furthermore, we encourage the reuse of one-sided printed paper and have established dedicated trays at printers for this purpose. During guest visits, we opt for reusable glasses or coffee mugs over paper cups or bottled water unless specifically requested by the guests. In our Kaohsiung office cafeteria, we employ reusable tableware and dishes to minimize the substantial waste generated by disposable items.

Waste Management