Winbond Makes Progress Toward Net-Zero Goal

Leading global supplier of semiconductor memory solutions Winbond Electronics, which is headquartered in Taiwan, provides customer-driven memory solutions backed by the expert capabilities of product design, research and development, manufacturing, and sales services. The company’s memory product portfolio, consisting of Speciality DRAM, Mobile DRAM, Code Storage Flash, and TrustME Secure Flash, is widely used by customers in communication, consumer electronics, automotive and industrial, and computer peripheral markets.

In December 2023, Winbond announced that it had been invited to join the international carbon credit trading platform of Taiwan Carbon Solution Exchange (TCX). The launch of TCX's International Carbon Credit Trading Platform has been a significant milestone for carbon credit trading in Taiwan, allowing Taiwanese companies to buy and sell international carbon credits on a domestic platform, thereby increasing the channels for obtaining international carbon credits.

Company officials said that “through participation in international carbon credit trading, Winbond aims to fulfill the carbon neutrality demands related to its operations, creating diverse sustainable benefits.” The international carbon credits procured by Winbond through TCX come from voluntary emission reduction projects among six countries in Asia and Africa. These credits are issued by the international independent organization Gold Standard and cover clean water sources, solar power, and wind power. The acquired carbon credits are being offset against the company’s carbon emission in daily operations. In addition to offsetting the company's carbon emissions, officials hope carbon credit trading can achieve additional sustainable benefits, such as protecting and restoring ecosystems related to water, promoting investment in energy infrastructure and clean energy technologies, and respecting the rights of local residents.

Winbond officials said the company would continue to invest in the development of green products and technologies, focus on renewable energy policies, monitor the development of domestic and international carbon credit markets, and stay informed about regulations and trends in carbon neutrality. They added that the company aspires to actively align with international sustainability initiatives, supporting sustainable actions both domestically and internationally, and collectively moving towards the goal of achieving net-zero emissions.

In February 2024, the company followed up on its goals by announcing that it had signed a Corporate Power Purchase Agreement with Chenya Energy Company for solar power. The agreement entails the purchase of the entire electricity output, totaling 27MW installed capacity, from Chenya Energy's offshore floating solar photovoltaic project located in Taiwan. Over the five-year contract period, the total electricity supplied is expected to reach 175 million kWh, resulting in significant carbon reduction benefits and meeting the annual electricity consumption needs of around 43,000 households.

“Through this transaction, Winbond has completed its inaugural solar power procurement and is proactively embracing renewable energy to gradually achieve the goal of net-zero carbon emissions,” according to officials. “Winbond believes business sustains only when the Earth can sustain.”

The company, which has been a Hacienda tenant since September 2017, has actively invested in renewable energy projects, signed agreements with renewable energy providers, and installed rooftop solar panels at its headquarters to support renewable energy. Winbond has also introduced the ISO 50001 Energy Management System to systematically assess and analyze energy consumption, thereby enhancing energy efficiency. In addition to these efforts, Winbond officials note that the company promotes carbon footprint verification and a company-wide carbon reduction culture, encouraging employees and suppliers to collaborate on energy conservation and carbon reduction initiatives.

“In the pursuit of corporate growth, Winbond strives to balance economic success with a commitment to reducing its environmental impact, achieving the goal of sustainable development,” they say.

For more information about Winbond Electronics, please visit www.winbond.com/hq/?__locale=en.

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