Goals and Strategies
With the vision of “Enable an Intelligent and Sustainable Planet”, Advantech is committed to the sustainable development of the world. IoT technology and complete product solutions are utilized to improve customer resource utilization and production efficiency. Both energy waste and carbon emissions are reduced, thereby promoting sustainable development. IoT software and hardware products and services are developed in scopes such as energy management, transportation and logistics management, smart agriculture, smart factories, telemedicine, education, and operation and maintenance services.
The survey method for 18.5% of revenue from sales of products or solutions for sustainable use is: classification and judgment are performed based on customer business items and sectors. There is also possibility for refinement of this taxonomy. In particular, it is not yet possible to accurately count the use of end customers for those which sell through channels. The application and connotation of Advantech's own products and solutions are classified with reference to the reporting framework of the EU's sustainability classification and the levels of related activities. The survey methodology is expected to be strengthened in the coming year in order to present more complete results.
Advantech's sustainable intelligent solutions correspond to the financial disclosure of the European Union's sustainability classification report
Operating Revenue | |
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Total (Currency: New Taiwan Dollar) | |
Total (Currency: New Taiwan Dollar) | Total amount (Currency: New Taiwan Dollar) 68,744,701K 100% |
Economic Activities Related to Sustainability Classification | |
Economic Activities Related to Sustainability Classification | Amount (Currency: New Taiwan Dollar) 12,717,770K 18.5% |
Economic Activities Irrelevant to the Perpetual Classification | |
Economic Activities Irrelevant to the Perpetual Classification | Amount (Currency: New Taiwan Dollar) 56,026,931K 81.5% |
Capital Expenditures | |
Total (Currency: New Taiwan Dollar) | |
Total (Currency: New Taiwan Dollar) | Total amount (Currency: New Taiwan Dollar) 1,320,449K 100% |
Economic Activities Related to Sustainability Classification | |
Economic Activities Related to Sustainability Classification | Amount (Currency: New Taiwan Dollar) 244,280K 18.5% |
Economic Activities Irrelevant to the Perpetual Classification | |
Economic Activities Irrelevant to the Perpetual Classification | Amount (Currency: New Taiwan Dollar) 1,076,169K 81.5% |
Operating Expense | |
Total (Currency: New Taiwan Dollar) | |
Total (Currency: New Taiwan Dollar) | Total amount (Currency: New Taiwan Dollar) 13,580,926K 100% |
Economic Activities Related to Sustainability Classification | |
Economic Activities Related to Sustainability Classification | Amount (Currency: New Taiwan Dollar) 2,512,470K 18.5% |
Economic Activities Irrelevant to the Perpetual Classification | |
Economic Activities Irrelevant to the Perpetual Classification | Amount (Currency: New Taiwan Dollar) 11,068,456K 81.5% |
Sustainable Intelligent Solutions
Materiality | |
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Materiality |
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Management Strategy | |
Management Strategy | In key application fields such as factory automation, renewable energy infrastructure, EV batteries and charging pile equipment, and smart medical care, Advantech has assembled product R&D capabilities and local technical teams to meet new opportunities in the industry. Advantech announced the launch of the third global transformation. Sector Driven is the core spirit to plan five pioneer sectors – Embedded Design-in, Ind. System, Ind. Automation, smart medical care, digital marketing e-commerce platform, and six regional markets – North America, China, Europe, emerging markets, Japan, South Korea. Resources are pooled for focused advancement. |
Policy or commitment | |
Policy or commitment | The concept of sustainability has been incorporated into the strategic blueprint of new product development and market expansion of business units. A sustainable product and service quantification plan is formulated to expand the organization and performance goals of related product departments (environmental protection and energy, smart medical care). The positive influence brought to the environment and society is further amplified through Advantech products and services. |
Description of impact | |
Description of impact | This topic does not have a significant negative impact. Advantech will actively and continuously communicate with stakeholders to promote products and services that meet sustainable trends |
2022 Achievement Status | |
2022 Achievement Status |
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2023 Goals | |
2023 Goals |
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2025 Goals | |
2025 Goals |
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Action Plan | |
Action Plan |
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Evaluation of effectiveness | |
Evaluation of effectiveness |
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Stakeholder Engagement | |
Stakeholder Engagement | This topic has temporarily has no significantly negative impact to environment, economy, or society. Therefore, there was no corresponding remedial measures. Advantech will respond to this issue through real-time communication with stakeholders or identification of any negative impact on the environment, society, and economy to take timely countermeasures. |
Highlight Case
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Driving Thai Hoa Hospital’s Transformation into Vietnam’s First Smart Hospital
Advantech’s Intelligent Healthcare Solutions have transformed onsite operations at Thai Hoa Hospital, enabling the hospital to offer a new and improved experience for patients, doctors, and nurses. Doctors and nurses can now provide more effective treatment and care using smart technologies.07/24/2023 Case StudyDriving Thai Hoa Hospital’s Transformation into Vietnam’s First Smart Hospital
Advantech’s Intelligent Healthcare Solutions have transformed onsite operations at Thai Hoa Hospital, enabling the hospital to offer a new and improved experience for patients, doctors, and nurses. Doctors and nurses can now provide more effective treatment and care using smart technologies. -
Building an IoT-ready Battery Energy Storage System (BESS) with Advantech’s Edge-to-Cloud Solution
Companies around the world are facing the challenges of rising energy prices and a pressing environmental agenda calling for cleaner energy use. Shaanxi Fengyuan, an energy storage technology company in China, leveraged Advantech IoT solutions to monitor and control the battery energy storage system for efficient use of electricity at the plant.05/22/2023 Case StudyBuilding an IoT-ready Battery Energy Storage System (BESS) with Advantech’s Edge-to-Cloud Solution
Companies around the world are facing the challenges of rising energy prices and a pressing environmental agenda calling for cleaner energy use. Shaanxi Fengyuan, an energy storage technology company in China, leveraged Advantech IoT solutions to monitor and control the battery energy storage system for efficient use of electricity at the plant. -
Advantech Joins GeneJet Biotech and Hungchi Hospital to Build First Intelligent Maternity Ward in Taiwan
Advantech, a global leader of the industrial IoT industry, is pleased to announce its collaboration with Hungchi Women and Children’s Hospital and GeneJet Biotech to establish the first intelligent maternity ward in Taiwan. The inception of the ward marked a new milestone for intelligent ward applications and maternal healthcare in Taiwan.02/23/2022 Case StudyAdvantech Joins GeneJet Biotech and Hungchi Hospital to Build First Intelligent Maternity Ward in Taiwan
Advantech, a global leader of the industrial IoT industry, is pleased to announce its collaboration with Hungchi Women and Children’s Hospital and GeneJet Biotech to establish the first intelligent maternity ward in Taiwan. The inception of the ward marked a new milestone for intelligent ward applications and maternal healthcare in Taiwan.