Collaborating With Group Companies and Suppliers in Response to the Carbon Emissions Reduction Initiative Cooperate to Demonstrate 100 Times the Strength

Taipei, Taiwan, 21 DECEMBER 2022 - BenQ Qisda Group (BenQ Group) has announced that it has officially joined RE100[1] and promised to completely use 100% recycled energy by 2040. Moreover, it also announced the goal to reach net-zero emissions by 2050. BenQ Group is actively collaborating with its group companies and suppliers to significantly decrease carbon emissions in line with relevant sustainability initiatives and international standards, demonstrating its unwavering commitment to sustainability.

BenQ Group is one of the two largest LCD display and projector manufacturers in the world, with businesses in information technology, healthcare, smart solutions, networking, and communication. The company owns the global brand BenQ, which provides products and services across lifestyle, business, healthcare, and education.

The Cooperation on Reduction of Carbon Emissions Assembly and ESG Sustainable Action Workshop was held on 21 December 2022, in Taipei. BenQ Group officially announced its carbon emissions reduction goal and process and will collaborate with its fleet and 400 partner suppliers, whose total market capitalisation exceeds US$1 trillion, to work towards carbon emissions reduction and care for the environment, with the expectation of "creating common good and sustainability".

Chairman Peter Chen of BenQ Group stated that since BenQ issued its first Corporate Social Responsibility Report in 2007, it has obtained the world’s first 20-inch LCD display product carbon footprint verification in 2010 and has obtained more than 50 ESG-related trophies around the world since 2012. He pointed out corporations should regard ESG as their financial statements as well as second progress letter by conclusively setting goals and working hard to practice them. In addition to officially declaring its process towards the goal of net zero emissions, the group also invited suppliers to join them to “collaborate to create common good and sustainability” and demonstrate 100 times the strength.

Sam Kimmins, Director of Energy at the Climate Group said: “We are delighted that BenQ Group has joined RE100, the global initiative led by the Climate Group in partnership with CDP. By committing to 100% renewable electricity by 2040, BenQ is taking an important step forward in improving its sustainability, joining over 380 of the world’s leading companies committed to driving market change. We encourage others to follow suit.”

With 2021 as the base year, the group expects to achieve net zero emissions by 2050. Currently, BenQ Group has started to embark on operations such as internal carbon pricing, self-made solar energy, purchasing green energy verification, and others. In addition to achieving the goal of net zero emissions, also committed that suppliers can reduce carbon emissions by 20% by 2030. BenQ Group will unquestionably help others to achieve this goal. The carbon emissions reduction practices of suppliers will also be included in supplier assessments, adding the assessment requirement of ESG.

With BenQ Foundation as the platform and starting from the examination of greenhouse gases, the group plans to stipulate carbon emissions reduction goals and work on energy management. In the future, it will expand the carbon footprint of its product life cycle and plans to introduce biomass materials, carbon right trade, carbon negative technologies and others in order to collaborate with others to build a net zero future.

RE100 members list: https://www.there100.org/re100-members?page=30

[1] BenQ Group joins RE100 represented by wholly owned company Qisda Corporation. 

To learn more about BenQ’s sustainable solutions, please visit: https://www.benq.eu/en-eu/business/resource/sustainability.html 

About BenQ (Corporation)

Founded on the corporate vision of "Bringing Enjoyment 'N' Quality to Life", BenQ Corporation is a world-leading human technology and solutions provider, aiming at elevating and enriching every aspect of consumers’ lives. To realise this vision, the company focuses on the aspects that matter most to people today - lifestyle, business, healthcare, and education - with the hope of providing people with the means to live better, increase efficiency, feel healthier, and enhance learning. Such means include a delightful broad portfolio of people-driven products and embedded technologies, spanning from digital projectors to monitors, interactive large-format displays, audio products, cloud consumer products, mobile communications, and lifestyle lighting. Because it matters.

About BenQ Group

The BenQ Group is a $22+ billion powerhouse comprised of nearly 20 independent companies operating in over 30 countries across numerous industries, with a combined workforce of over 100,000 employees. Each Group member is a recognised leader in its field, contributing to the BenQ Group's vast resources, broad R&D and distinct strategic strengths. By leveraging each company's vertical specialisation to create true scale across horizontal markets, the BenQ Group controls a highly efficient value chain with the unrivalled ability to deliver critical components and world-class solutions in the following industries: TFT-LCD, green energy, fine chemicals and advanced materials, lighting, IC design, precision components, system integration, branded business, and service. The Group is committed to profitable and sustainable businesses that share its long-standing vision of Bringing Enjoyment 'N' Quality to Life. The BenQ Group companies are: BenQ Corporation, AU Optronics Corporation (world's top manufacturer of large-size TFT-LCD panels), Qisda Corporation, Darfon Electronics Corporation, BenQ ESCO Corp., BenQ Materials Corp., BenQ Guru Corp., BenQ Medical Center, BenQ Medical Technology Corp., BenQ AB DentCare Corp., Daxin Materials Corp., Dazzo Technology Corp., Darwin Precisions Corp., Lextar Electronics Corp., LILY Medical Corp., and Raydium Semiconductor Corp.