FIH is committed to enhancing energy efficiency and reducing carbon emissions. To realize these objectives, we have assigned relevant targets to each business unit and associated departments. As part of Hon Hai Technology Group’s SBTi-approved targets in 2024, FIH has also established SBTi-aligned goals to reduce absolute greenhouse gas (GHG) emissions and electricity consumption by 4.2% annually, using 2020 as the base year.
In 2024, FIH successfully achieved a 63.26% reduction in GHG emissions and a 65.51% decrease in electricity consumption. Through the implementation of policies, systems, and measures—such as the adoption and maintenance of the ISO 50001 Energy Management System—we actively promote energy efficiency management, renewable energy utilization, and corresponding GHG emission reductions.
All FIH operating sites obtained limited assurance for their 2024 GHG statements in accordance with the ISAE 3410 standard. In addition, to reduce GHG emissions from electricity consumption, five FIH facilities in China and Vietnam have installed rooftop solar photovoltaic systems, generating approximately 5% of the sites’ total electricity consumption. Furthermore, four factories in China and India have procured renewable electricity—such as solar and wind power—through Power Purchase Agreements (PPAs), which account for 11% of total electricity use. FIH sites in China, Vietnam, and Mexico have also purchased Renewable Energy Certificates (RECs) as an alternative means of utilizing renewable energy, representing approximately 14% of total electricity consumption.
FIH continues to actively seek investment opportunities in renewable energy. We maintain ongoing negotiations with sustainable energy providers, underscoring our commitment to renewable energy investment and the promotion of a sustainable energy transition. These investments are expected to generate long-term positive impacts both financially and environmentally, fostering innovation, reducing carbon emissions, and securing an adequate supply of renewable energy.