Creating Positive Environmental Impact

MERRY aims to achieve group-wide carbon neutrality by 2040 and RE100 (renewable energy) by 2030, advancing its sustainability strategies in line with the regulations announced by the Ministry of Environment. Internally, MERRY has revised its environmental protection policies to strengthen its governance framework. Externally, it promotes green investment: NT$10 million in E. Sun Bank's sustainability bond (P14 E. Sun Bank 3; code: G102BK) in 2025, and, by the end of 2026, NT$20.48 million in a domestic innovative start-up (Taiwan Innovation Board – Foxtron Vehicle Technologies, code: 2258).
01
Advanced its RE100 target from 2040 to 2030
02
The Nearterm target was approved by the Science Based Targets initiative (SBTi)
03
Energy intensity increased by 9.73% compared with the 2023 base year.
04
Utilized 61.83% renewable energy, totaling 28,132 MWh.
05
Scope 1 and Scope 2 emissions intensity dropped 22.93% from the 2023.
06
Water intensity decreased by 12.72% compared to the 2023 baseline year.
 
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.
 
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Water Resource Management
MERRYʼs manufacturing processes are primarily assembly-based. Water consumption is dominated by domestic water use during employee working hours, with no process water requirements; therefore, no industrial wastewater is generated or discharged. All water is sourced from third-party municipal water systems, and the resulting domestic wastewater is uniformly directed to local wastewater treatment plants for proper disposal in accordance with regulations, posing no significant impact on water resources or the environment.
To further assess water resource risks, MERRY employs the World Resources Institute (WRI)ʼs water risk assessment tool, AQUEDUCT, for risk identification. Among its sites, MEVN and the MSCS ― Caohu Plant are located in water-stressed zones (High & Extremely High), while the remaining sites are in low-risk zones. In light of these assessment results, the Group continues to prioritize water resource risk management. Aligning with global sustainability trends, we regularly review the appropriateness and effectiveness of our water resource management strategies. Through water resource inventories and wastewater monitoring processes, we strengthen water usage management and progressively upgrade water-saving facilities, taking concrete actions to promote the long-term sustainable use of water resources.
 
Water Resource Consumption Statistics 
Total water withdrawal in 2025 was 368.59 million liters (ML). As the global business expanded, total production hours increased significantly, resulting in a rise in total water withdrawal of approximately 21.5% compared to the 2023 base year (303.36 ML). Regarding water discharge, the total discharge volume in 2025 was 271.18 ML, a slight increase of 2.62 ML (approximately 0.98%) compared to 2023 (268.56 ML). Regarding the calculation methodology, the discharge volumes for METC and MEVN were calculated based on metering data from external water treatment plants, while for other operational sites, a scientific estimation was made by adopting 90% of the water withdrawal volume as the discharge volume, in accordance with guidelines from the Ministry of the Environment. In terms of water resource recovery and reuse, the Taiwan Headquarters has installed a rainwater harvesting system and uses the collected rainwater directly for irrigation of campus vegetation to improve water resource efficiency. However, due to its single-purpose use and exclusion from formal water management systems, there are currently no statistics available on the volume of recycled water.
 
The water intensity for 2025 (calculated as the Groupʼs total water intake L/the Groupʼs total annual working hours) was 13.38, a 12.72% decrease from the 2023 baseline yearʼs water intensity of 15.33, indicating that water conservation efforts have yielded tangible results despite increases in production capacity and working hours. The proportion of water abstracted in water-stressed areas was higher than
in 2023 due to the continued growth in revenue at MEVN; its water intensity in 2025 was 8.56, which is still 30.35% lower than its baseline year (12.29).
Water Withdrawal and Discharge
Water Withdrawal in Areas with Water Resource Stress
Unit:ML 2022 2023 2024 2025
Water Withdrawal 366.57 303.36 261.01 368.59
Water Discharge 309.41 268.56 224.01 271.18
Water Consumption 57.16 34.80 37 97.41
  2022 2023 2024 2025
Water Withdrawal Ratio in Areas without Water Resource Stress 68.30% 85.33% 72.39% 69.41%

Water Withdrawal Ratio in Areas with Water Resource Stress

31.70% 14.67% 27.61% 30.59%

 

Water Conservation Initiatives 
MERRYʼs water usage is primarily for domestic purposes; therefore, the company promotes water conservation in employeesʼ daily lives. The Headquarters in Taichung has fully installed water-saving and sensor-activated faucets, and has established a rainwater harvesting system to irrigate the campus greenery; Overseas locations are also promoting various water-saving initiatives. METC is actively working to regulate water usage by 2025, implementing water-saving measures such as efficient showering to reduce water flow by 20%; MECL continues to comply with the "Wastewater Treatment Control Regulations" to prevent water pollution, and has also installed fully automatic dishwashers and smart water meters in employee living areas to strengthen water management; MEVN recycles purified water from reverse osmosis systems for cleaning purposes, saving up to 1 million liters of water annually; both AUSTAR and MSCS conduct regular factory inspections, verifying details across all areas to promptly address anomalies, thereby integrating water efficiency management into daily operations.
Waste Management
Based on the ISO 14001 Environmental Management System, we continuously implement comprehensive environmental management. Regarding waste disposal, we adhere to the principles of “reduction, recycling, and reuse,ˮ and follow the Groupʼs internal waste management procedures and relevant regulations to ensure effective control and tracking. Both hazardous and non-hazardous industrial waste is entrusted to qualified contractors for compliant disposal in accordance with local regulations; all general household waste and recyclables are handed over to licensed entities for collection and disposal to ensure regulatory compliance and minimize environmental impact.
 
Waste Reduction Initiative 
With the implementation of UL 2799, waste classification and statistics have become more comprehensive and accurate. In 2025, total waste generation amounted to 2,328.16 metric tons (all disposed off-site), an increase of 1,610.69 metric tons (compared to the base year of 2023 a 224.5% increase). The primary reason being that, in addition to revenue in 2025 grew by 26.71% compared to 2023 the number of employees in 2025 also increased by 87.24% compared to the base year. Furthermore due to the implementation of the UL 2799 mechanism, which improved the quality of waste inventory and statistical data the output of municipal solid waste and on-site food waste was measured using actual weighing methods. Consequently the actual waste output significantly increased compared to the estimated figures from the base year. The waste intensity (metric tons / million yuan in revenue) was 0.0501, an increase of 0.0305 (an increase of 156.09%) compared to the base year. By disposal method, a total of 1,803.28 tons were recycled and reused, achieving a recycling rate of 77.46%.
Waste Generation Types and Disposal Volume for 2025
Waste Disposal Volume
Waste Recycling and Reuse Volume
Hazardous/Non-Hazardous Recycling/Disposal Method Weight(Unit: Tons)
Hazardous Recycling Preparation for reuse  -
Recycling 4.58
Other recovery operations 17.90
Disposal Incinerated with energy recovery 45.13
Incinerated without energy recovery -
Landfilled -
Other Disposal Operations
6.00
Non-Hazardous Recycling Preparation for reuse  -
Recycling 59.63
Other recovery operations 1,721.17
Disposal Incinerated with energy recovery 300.97
Incinerated without energy recovery -
Landfilled -
Other Disposal Operations
172.77
Unit: Tons 2022 2023 2024 2025
Weight of Recycling and Reuse 512.41 460.44 1,081.57 1,803.28
Weight of Direct Disposal by Waste Management Company 211.74 257.02 334.52 524.88
Weight of Waste Generated 724.14 717.47 1416.09

2,328.16

Unit: Tons 2022 2023 2024 2025
Weight of Recycled Materials 244.99 165.78 157.37 64.21
Weight of Other Recycling Operations 267.42 294.66 924.20 1,739.07
Weight of Reuse Preparations - - - -

 

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