Management Guidelines for Major Topics
Sustainable Intelligent Solutions
| Sustainable Intelligent Solutions | |
|---|---|
| Policy or commitment | |
| Policy or commitment |
Advantech's sustainable intelligent solutions are applied to different sectors such as: smart factory, renewable energy infrastructure, smart healthcare, smart retail, robotics applications, etc. In recent years, Advantech has introduced AI applications, collaborating with ecosystem partners to accelerate the adoption of AI edge computing across various industries. |
| Positive impact | |
| Positive impact |
Advantech’s sustainable intelligent solutions generate a positive economic impact by enhancing convenience and improving efficiency across sectors such as smart factories, smart transportation, healthcare, energy management, and smart warehousing. In light of global labor shortages and Taiwan’s aging population, automation-driven transformation is an inevitable trend. This shift not only addresses workforce challenges but also actively facilitates economic transformation. |
| Negative impact | |
| Negative impact |
Smart and AI technologies will replace some of the manual workforce, leading to corresponding social impacts.
|
| 2024 Goals achievement status | |
| 2024 Goals achievement status |
In 2024, the revenue of sustainable intelligent solutions was 41%, and 55.6% was achieved
|
| 2025 Goals | |
| 2025 Goals |
57% of revenue comes from the sale of sustainable products or solutions. |
| 2030 Goals | |
| 2030 Goals |
62% of revenue comes from the sale of sustainable products or solutions. |
| Key action plans or programs in 2024 | |
| Key action plans or programs in 2024 |
|
| Effectiveness assessment | |
| Effectiveness assessment |
|
| Stakeholders impacted by the material topic and actions implemented by Advantech | |
| Stakeholders impacted by the material topic and actions implemented by Advantech |
Addressing the potential social impact on employment resulting from its activities, Advantech's mitigation measures involve investing in industry talent cultivation, such as the IoT Industry-Academic Cooperation, the IoT Industry-Academic Internship Project, and the IoT Education Online Certification Course. Committed to bridging the gap between learning and application, and introducing more innovative IoT talents to the world. For the content of the IoT industry-academic education cooperation, refer to 3.3 IoT Application Promotion and Education. |
Goals and Strategies
Advantech's sustainable intelligent solutions are applied to different sectors such as: smart factory, renewable energy infrastructure, smart healthcare, smart retail, robotics applications, etc. In recent years, Advantech has introduced AI applications, collaborating with ecosystem partners to accelerate the adoption of AI edge computing across various industries. Advantech is committed to incorporating sustainability into the strategic blueprints of its business units for new product development and market expansion. Examples include focusing on product sustainability responsibility, expanding the objectives of relevant product departments (such as environmental protection and energy, smart healthcare, smart agriculture, and environmental monitoring), and expanding the impact of Advantech's sustainable intelligent solutions.
With the vision of "Enable an Intelligent and Sustainable Planet," we are committed to achieving sustainable development in the world. By applying IoT technology and comprehensive product solutions, we can enhance customers' resource utilization and production efficiency and minimize energy waste and carbon emissions to promote sustainable development. This is achieved through the development of IoT software and hardware, as well as products and services in areas including energy management, transportation and logistics management, smart agriculture, smart factories, telemedicine, education, and maintenance services. Advantech also strives to gradually expand the revenue share from sustainable intelligent solutions.
Advantech voluntarily adopted the EU Taxonomy as a reference to refine the classification of its sustainability-related activities and disclose corresponding revenue and expenditures. In 2024, based on the EU Taxonomy reporting framework and by benchmarking against its climate change mitigation and climate change adaptation indicators, the revenue share from sustainable intelligent solutions was calculated to be 55.6%.
Advantech's sustainable intelligent solutions correspond to the financial disclosure of the European Union's sustainability classification report
| Revenue | |
|---|---|
| Total (Currency: NTD) | |
| Total (Currency: NTD) | Total amount (Currency: NTD) 59,786,293K 100% |
| Total of which is Taxonomy- Eligible | |
| Total of which is Taxonomy- Eligible | Total amount (Currency: NTD) 33,264,408K 55.6% |
| Total of which is not Taxonomy Eligible | |
| Total of which is not Taxonomy Eligible | Total amount (Currency: NTD) 26,521,885K 44.4% |
| Capital Expenditures | |
| Total (Currency: NTD) | |
| Total (Currency: NTD) | Total amount (Currency: NTD) 1,475,070K 100% |
| Total of which is Taxonomy- Eligible | |
| Total of which is Taxonomy- Eligible | Total amount (Currency: NTD) 820,712K 55.6% |
| Total of which is not Taxonomy Eligible | |
| Total of which is not Taxonomy Eligible | Total amount (Currency: NTD) 654,358K 44.4%% |
| Operational expenditure | |
| Total (Currency: NTD) | |
| Total (Currency: NTD) | Total amount (Currency: NTD) 15,326,118K 100% |
| Total of which is Taxonomy- Eligible | |
| Total of which is Taxonomy- Eligible | Total amount (Currency: NTD) 8,527,276K 55.6% |
| Total of which is not Taxonomy Eligible | |
| Total of which is not Taxonomy Eligible | Total amount (Currency: NTD) 6,798,842K 44.4%% |
Highlight Case
-
Integral System Helps French Factories Improve Equipment and Facility Management
Despite advancements in smart manufacturing over the past decade, manufacturers in France continue to encounter significant challenges in implementing smart solutions. One key pain point is the aging infrastructure, which demands regular maintenance and repairs to minimize downtime and maintain productivity. To overcome these challenges, Integral System and Advantech have joined forces in a close collaboration. Leveraging Advantech’s IoT hardware portfolio and modular, low-code/no-code software strategy, this collaboration is empowering factories in building sustainable industrial information systems.01/01/2024 Case StudyIntegral System Helps French Factories Improve Equipment and Facility Management
Despite advancements in smart manufacturing over the past decade, manufacturers in France continue to encounter significant challenges in implementing smart solutions. One key pain point is the aging infrastructure, which demands regular maintenance and repairs to minimize downtime and maintain productivity. To overcome these challenges, Integral System and Advantech have joined forces in a close collaboration. Leveraging Advantech’s IoT hardware portfolio and modular, low-code/no-code software strategy, this collaboration is empowering factories in building sustainable industrial information systems. -
Autonomous Parcel Delivery Robots in an Urban Community in Singapore
Advancements in AI, sensor, and connectivity technologies have led to the maturation of service-oriented intelligent robots, enhancing the quality of daily life through applications such as security, logistics, and caregiving. In a community in Singapore, the integration of Advantech’s AIR-030 Edge AI Inference Systems into delivery robots has markedly improved the efficiency of parcel distribution by property managers. This enhancement reduces task complexity and elevates quality of life.02/20/2024 Case StudyAutonomous Parcel Delivery Robots in an Urban Community in Singapore
Advancements in AI, sensor, and connectivity technologies have led to the maturation of service-oriented intelligent robots, enhancing the quality of daily life through applications such as security, logistics, and caregiving. In a community in Singapore, the integration of Advantech’s AIR-030 Edge AI Inference Systems into delivery robots has markedly improved the efficiency of parcel distribution by property managers. This enhancement reduces task complexity and elevates quality of life. -
Transforming Urban Landscapes: The Versatility of ePaper Solutions for Indoor and Outdoor Environments
In the quest for a greener future, cities are turning to large-scale ePaper displays as champions of sustainability. By harnessing the power of ePaper, cities reduce carbon footprints and create smarter, safer, and more efficient urban environments.05/20/2024 Case StudyTransforming Urban Landscapes: The Versatility of ePaper Solutions for Indoor and Outdoor Environments
In the quest for a greener future, cities are turning to large-scale ePaper displays as champions of sustainability. By harnessing the power of ePaper, cities reduce carbon footprints and create smarter, safer, and more efficient urban environments.