Delta’s ESG Performance Honored with Double A-List Ratings by CDP for the Fourth Time

Delta Electronics, Inc. (“Delta”), a global leader in power management and a provider of IoT-based smart green solutions, today announced it has achieved double "A" scores in the 2024 Climate Change and Water Security reports by CDP for the fourth time. This year’s double “A” score was granted to few companies out of over 24,000 worldwide based on their superior contribution to climate change and water security challenges. Delta integrates multiple environmental issues into its strategy and management, including climate change, water security, and biodiversity. In 2024, its board of directors approved a water resources policy and conducted the first-ever quantification of climate-related physical risks, such as floodings, droughts, and heatwaves, for its global operations and key suppliers.

Jesse Chou, Delta’s Chief Sustainability Officer, said, "It is an honor for us to be recognized by the prominent CDP with double top ratings. Delta has established a comprehensive climate risk assessment process based on the TCFD and TNFD frameworks, addressing risks and opportunities, dependencies, and impacts. We link environmental goals with executive-level KPIs to ensure climate governance. In 2023, carbon emissions in Scope 1 and Scope 2 were reduced by 39% compared to 2021, exceeding the original target of a 20% reduction. The proportion of renewable electricity used in global operations reached 76%, surpassing the target of 65%. Additionally, for Scope 3 carbon reduction goals, Delta has implemented three strategies—sustainable procurement, localized management, and carbon footprint reduction across the value chain—to build a green, low-carbon supply chain."

Since 2021, Delta has carried out an Internal Carbon Pricing (ICP) mechanism and set an internal carbon price of US$300 per ton, using the funds for projects that advance our own energy conservation, carbon reduction, renewable electricity generation, and low-carbon technology innovation. In terms of climate change, Delta continues to achieve its SBT (Science Based Targets) net zero milestones, demonstrating the significant impact of the ICP mechanism on carbon reduction. In the supply chain area, Delta has participated in the customer CDP supply chain program and calculated the carbon footprint of the product manufacturing stages for nearly 50 customers in 2023, the highest number in history. In biodiversity, Delta has become a member of the TNFD (Taskforce on Nature-related Financial Disclosures) Forum, completing its first biodiversity risk assessment for its locations, while also becoming one of the world's first Early Adopters in January 2024.

Regarding water security management, Delta has continued to identify and address water risks at its global operations and first-tier suppliers, while also developing innovative energy-saving and water-saving products and solutions. In 2023, Delta's global operations implemented 21 water-saving and water-recycling programs, saving 56.2 million liters of water. The water intensity in its production plants was approximately 340 tons/million USD, a 26.4% decrease from 2020, significantly surpassing the 10% reduction target set for 2025.

The annual environmental information disclosure and scoring process by the international nonprofit organization CDP is widely recognized as an important standard for corporate environmental transparency. In 2024, over 700 investors with assets totaling more than US$142 trillion, and over 300 major purchasers with total procurement expenditures of $6.4 trillion, required companies to disclose information on environmental impacts, risks, and opportunities through the CDP platform. This year, over 24,000 companies participated in the CDP assessment, the highest number ever. Delta has been included in the A List for "Water Security " for five consecutive years and has received leadership-level recognition for "Climate Change" nine times.