In addition to striving to reduce waste at the source, to enhance the value of existing waste resources, the Company, in compliance with local regulations and within existing feasible technologies, maximizes the use of recycling methods such as regeneration and reuse, ensuring that waste resources are utilized most effectively. In 2024, 0.0051% of the Company's hazardous industrial waste and 47.46% of general waste were processed through recycling methods, accounting for 43.27% of the total annual waste. The waste recycling rate for this year has increased by 3.65 percentage points compared to 2023.
In 2024, the total waste generated by the Company was 445.66 metric tons (waste intensity of 0.0076 metric tons/per million dollars of revenue), of which 39.33 tons were hazardous industrial waste, accounting for 8.82%; and 406.33 metric tons were general waste (general industrial waste + domestic waste), accounting for 91.18%. This year's waste generation increased by 12.72% compared to 2023, mainly due to the launch of Phase V facility, which resulted in
more employee domestic waste and industrial waste generated from Phase V facility.
The Company generates hazardous industrial waste, mainly under the waste item E0217 (Scrapped electronic parts and components, leftover scrap and defective goods) from our activities of product experimentation. All of the Company's hazardous industrial waste is removed by qualified disposal and treatment vendors, and conveyed to a professional electronics recycling and treatment plant, which treats the waste physically and chemically. The crushed waste is partially refined for metal recycling, and the unrecyclable part will be incinerated. To ensure our hazardous industrial waste is handled properly by our contracted disposal and treatment vendors, the OHS Department will inspect the operating procedures of the disposal and treatment vendors and their operating performance on a regular basis by following the removal truck to its destination in person or conducting on-site audits, making sure that the risks and impacts of our hazardous industrial waste posed on the environment are minimized. 7 in-vehicle audits and 2 on-site audits were conducted in 2024, and the vendors all passed the audits.