The case for CSR/ Sustainability Reporting Done Responsibly


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Insights on how you can protect the environment, maintain and increase the value of your company, through a structured process.

Insights on how you can protect the environment, maintain and increase the value of your company, through a structured process.

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Case study: How Inventec reduces the environmental impact of its products

Inventec is a global ICT (information and communications technology) leader focused on innovation and product research and development, whose product portfolio includes notebook and tablet PCs, desktop computers and computer peripherals, personal digital products and mobile devices. Minimising the environmental footprint of its products is, thus, a key priority.

This case study is based on the 2016 Corporate Social Responsibility Report by Inventec published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

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Besides complying with the requirements of international laws and regulations, Inventec makes every possible effort to consider consumer health and environmental protection when designing and manufacturing its products.  Tweet This! In order to reduce the environmental impact of its products Inventec took action to:

  • implement green design
  • produce green products
  • help customers achieve green product certification

What are the material issues the company has identified?

In its 2016 Corporate Social Responsibility Report Inventec identified a range of material issues, such as employee welfare, financial performance, customer satisfaction, supplier management, labour laws conformity. Among these, reducing the environmental impact of its products stands out as a key material issue for Inventec.

Stakeholder engagement in accordance with the GRI Standards

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Inventec engages with:

Stakeholder Group                Method of engagement
Employee
·      Employee caring conferences

·      Employee symposiums

·      Leader symposiums

·      Employee suggestion boxes

Customer

 

·      Standards, audit or questionnaire survey proposed by customers
Government agency
·      Corporate annual report, CSR report preparation rules

·      Official documents from government department, in-plant inspection and declaration requirements

·      Government policy propaganda and project applications

Supplier (including contractor)
·      Questionnaire filled in by supplier
Shareholder/investor
·      Website

·      Board of Shareholders

·      Media news

Community ·      Suggestions or questionnaire survey proposed by community
Reporters ·      Questionnaire survey proposed by Reporter
Non-governmental organisations ·      Suggestions or questionnaire survey proposed by non-governmental organisations

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics, Inventec obtained feedback from its stakeholders through a questionnaire.

What actions were taken by Inventec to reduce the environmental impact of its products?

In its 2016 Corporate Social Responsibility Report Inventec reports that it took the following actions for reducing the environmental impact of its products:

  • Implementing green design
  • Inventec integrates aspects such as environmental protection and safety into product development, design and life cycle, as well as into the manufacturing process. The company uses a selection of raw materials and product design of easy disassembly, to reduce products’ environmental impacts while retaining a competitive product price, efficiency and quality. Inventec’s green design strategy means that the company:
    • spares no efforts in seeking new ways to reduce environmental impacts
    • reduces total energy consumption in the product life cycle
    • relieves land burden
    • designs products for durability, best operability, reuse, recovery and recycling
    • avoids using, in products, raw materials that contain toxic substances
  • Producing green products
  • Starting in 2006, Inventec has established the “IECQ QC 080000 Hazardous Substance Process Management System” and has, since, been passing 3rd Party SGS validation on an annual basis. In addition, Inventec has established a green number list to strengthen the requirements for manufacturing greener products, including the properties of materials used, which are subject to green product design requirements. In its plants, Inventec uses XRF (X-ray fluorescence) instruments to examine materials entering the production line and also performs spot tests to further prevent incoming non-conforming materials, to achieve the goal of 100 per cent green product identification, green component incoming rates, and green process execution rates.
  • Helping customers achieve green product certification
  • Responding to environmental protection legal issues in various countries and seeking to provide global customers with more environmentally friendly products and services, Inventec helps customers acquire product green mark certification, including the Taiwan Green Mark, the China Green Mark (SEPA), the China Energy Saving Mark (CECP), the China Energy Label (CEL), Energy Star, and the Electronic Product Environmental Assessment Tool (EPEAT).

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is:

Disclosure 302-5 Reductions in energy requirements of products and services

Disclosure 302-5 Reductions in energy requirements of products and services corresponds to:

 

80% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.



FBRH GRI Standards Certified and IEMA approved Sustainability Course | Venue: London LSE

By registering for the next 2-day FBRH GRI-Standards Certified and IEMA approved Course you will be taking the first step in gaining the many benefits of sustainability reporting.

 

References:

1) This case study is based on published information by Inventec, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) http://www.fbrh.co.uk/en/global-reporting-initiative-gri-g4-guidelines-download-page

3) https://g4.globalreporting.org/Pages/default.aspx

4) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to Inventec: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

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