ASUS Joins Elite Group of Sustainability Leaders
Taipei, Taiwan – October 26, 2023 – ASUS, a global technology company, has been recognized as one of the Global 100 Most Sustainable Corporations by Corporate Knights, a leading provider of business intelligence and data analytics. The annual ranking, published on October 25, 2023, highlights companies demonstrating exceptional environmental, social, and governance (ESG) performance.
A History of Sustainable Practices
Corporate Knights has been evaluating corporate sustainability performance since 2005. The methodology considers a wide range of factors, including carbon emissions, waste management, water resources, and employee relations. ASUS has been actively pursuing sustainable practices for over a decade, integrating them into its business strategy.
In 2017, ASUS established its Environmental, Social, and Governance (ESG) committee, signaling a formal commitment to sustainability. The company began publishing its annual Sustainability Report in 2018, detailing its progress and future goals. Key initiatives have included investments in renewable energy, responsible sourcing, and circular economy programs.
Driving Change: Recent Sustainability Initiatives
ASUS has significantly strengthened its sustainability efforts in recent years. A major focus has been on reducing its carbon footprint. In 2022, ASUS announced a target to achieve net-zero carbon emissions by 2050, with interim targets set for 2030. This commitment includes transitioning to 100% renewable energy across its global operations.
The company is also actively promoting circular economy principles. ASUS has expanded its product recycling programs, aiming to increase the recovery rate of electronic waste. Partnerships with recycling specialists in countries like Germany and the United States are key to this effort. Furthermore, the company designs products with durability and recyclability in mind, using recycled materials whenever possible. For example, several of their laptop models now incorporate recycled aluminum and plastics.
Another notable development is ASUS's commitment to water conservation. Manufacturing facilities in regions facing water scarcity, such as Southeast Asia, have implemented water-efficient technologies and closed-loop water systems. They have reported a 20% reduction in water usage per unit produced in these facilities since 2020.
Ripple Effects: Impact on Stakeholders
ASUS's commitment to sustainability has a wide-ranging impact. Customers benefit from more durable, energy-efficient products designed with environmental considerations. Employees are drawn to a company with strong ethical values and a commitment to social responsibility. Investors see ASUS as a stable and forward-thinking company with long-term growth potential.
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Local communities also benefit from ASUS's sustainability initiatives. The company invests in environmental projects in the regions where it operates, supporting initiatives such as reforestation programs and community clean-up drives. These efforts contribute to improved environmental quality and enhanced community well-being.
The broader electronics industry is influenced by ASUS's leadership in sustainability. By demonstrating that environmental responsibility and business success can go hand-in-hand, ASUS encourages other companies to adopt more sustainable practices. This creates a positive feedback loop, driving industry-wide change.
Looking Ahead: Future Sustainability Goals
ASUS has ambitious plans for continued sustainability progress. A key focus will be on accelerating the transition to renewable energy sources. The company is exploring opportunities to invest in on-site solar power generation at its manufacturing facilities and to purchase renewable energy credits.
Further expansion of circular economy initiatives is also planned. ASUS aims to increase the use of recycled materials in its products and to improve the efficiency of its product recycling programs. They are also exploring innovative approaches to product design that promote longevity and ease of repair.
In the coming years, ASUS intends to strengthen its collaboration with suppliers to ensure that they also adhere to high sustainability standards. This includes conducting regular audits and providing support to help suppliers improve their environmental and social performance. The company will also continue to transparently report on its sustainability progress, ensuring accountability and fostering trust with stakeholders.
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Key Performance Indicators (KPIs)
ASUS closely monitors several KPIs to track its sustainability performance, including:
- Carbon footprint (Scope 1, 2, and 3 emissions)
- Waste generation and recycling rates
- Water consumption
- Energy efficiency
- Employee safety and well-being
Corporate Knights Ranking Methodology
The Global 100 Most Sustainable Corporations ranking is based on a comprehensive assessment of companies’ ESG performance, using a proprietary methodology that considers over 200 indicators. These indicators are weighted to reflect their relative importance in driving long-term value creation and minimizing environmental and social risks.
