Recent international risk assessments have highlighted "biodiversity" as a key long-term global risk. Despite biodiversity loss and ecological degradation not being as immediately urgent as other sustainability issues in the short term, they remain topics that businesses need to focus on in the long term.
Starting in 2023, MERRY began implementing group-wide biodiversity management and formulated a biodiversity and no-deforestation policy. This supports the Convention on Biological Diversity and the Kunming-Montreal Global Biodiversity Framework, demonstrating the group's commitment to protecting biodiversity and avoiding deforestation. This move responds to the Taskforce on Nature-related Financial Disclosures (TNFD) initiative. MERRY has adopted the TNFD-LEAP approach to establish a risk assessment mechanism that evaluates the impact of its operational activities on biodiversity. Starting from its HQ in Taiwan, the company began assessing the dependency and impact on nature, identifying corresponding risks and opportunities, and establishing countermeasures and performance indicators. These efforts form the basis for creating and implementing a priority adaptation action plan, enhancing management capabilities related to natural issues, and gradually implementing these practices in overseas facilities while engaging stakeholders in climate change issues.
Creating Positive Environmental Impact
In 2023, Board of Directors approved the updated Group Environmental Sustainability Policy and Commitments, aiming for the group to achieve carbon neutrality by 2040. The RE100 (renewable energy usage) target is set to be reached by 2040 as well. Additionally,
environmental protection policies, water
resource policies, chemical policies, and biodiversity and no-deforestation policies have
been established to progressively promote
the sustainability actions of Merry . We also
encourage value chain partners to participate
in environmental protection initiatives, thereby
raising awareness and achieving sustainable
development.
01
Utilized 23.11% renewable energy, totaling 6,978 MWh
02
Energy intensity decreased by 6.11%
03
GHG emissions in Scope 1 & 2 decreased by 14.09%
04
Water intake reduced by 17.24%
05
MERRY Shenzhen has completed the TCFD analysis.
Key Goals：2040 carbon neutrality
As a global leader in electroacoustic manufacturing,
Merry actively addresses the environmental and resource issues brought about by climate change.
Merry actively addresses the environmental and resource issues brought about by climate change.
Biodiversity
Biodiversity Conservation
導入生物多樣性評估
| Promotion Framework | 2023 Action Goals | 2023 Promotion Content |
|---|---|---|
| Governance | Implement group policies and enhance understanding of natural ecology and biodiversity among management | In December 2023, the "Biodiversity and No Deforestation Policy" was approved by the Board of Directors, and an introduction to TNFD and the operational impacts dependent on nature was presented at the meeting. In 2024, comprehensive educational training on natural ecology and biodiversity will be conducted, and the execution of a natural ecology conservation plan will begin, forming a complete management mechanism for MERRY's response to natural ecology. |
| Risk Management | Introduce TNFD disclosure framework and establish assessment mechanism using the LEAP method | In 2023, a questionnaire survey on the reliance and impact on natural ecology was conducted for senior executives at the headquarters for the first time. The survey results highlighted four major reliance issues: j) occurrence of large-scale epidemics, k) extreme heat, l) declining air quality, and m) uneven rainfall; as well as four significant impact issues: j) freshwater resource usage, k) waste generation, l) fossil fuel and electricity usage, and m) greenhouse gas emissions. The focus for 2024 will be on deeper discussions and communication on ecological issues internally, enhancing MERRY's management capabilities regarding natural ecology and biodiversity. |
Inventory of Factory Locations
MERRY's global factories are all located in industrial parks planned by local governments. Operational locations have been surveyed through the World Database on Protected Areas (WDPA) provided by Protected Planet, confirming that none are situated in globally or nationally recognized biodiversity hotspots. Additionally, all operational sites comply with relevant environmental regulations in their locations. In the future, we will launch the group's short, medium, and long-term biodiversity plans to reduce the ecological burden on local environments and avoid significant impacts on biodiversity.
Conducting Surveys on Reliance and Impact Significance
Referring to the recommendations for nature-related financial disclosures, we assessed 22 ecological reliance issues and conducted a reliance survey for senior executives at the Taiwan headquarters based on five indicators (capital outflow, impact on capital or expenditure, impact on orders or customer trust, impact on supply chain stability, impact on employee work environment). The assessment results were categorized and ranked, while also identifying the level of manageability after issues arise. The 2023 survey results indicated four major reliance issues and four major impact issues, which will be included in the discussion topics for 2024. MERRY will further analyze and explore various natural ecological risks and opportunities and develop the next phase of response strategies, while also enhancing information disclosure. Simultaneously, we will initiate collaborations with organizations related to biodiversity to conduct conservation and support biological research, fulfilling our goals of protecting biodiversity and achieving zero deforestation.
