Sustainability

ESG

Environmental

For Tiger Yuxian, sustainable development is of paramount importance. Therefore, focusing on environmental issues is an integral part of our daily operations. We firmly believe that sustainable development is essential for the long-term success of our business and we are determined to continuously improve our environmental performance. In line with our corporate strategy, we aim to design products and solutions that support and enable a sustainable future. One example of this is our innovative inverter technology, which enables us to achieve unparalleled energy efficiency in the field of heat pumps. To achieve our sustainability goals, we implement a number of individual measures in CO2 reduction and climate protection.

Demonstration measures:

According to the requirements of the Greenhouse Gas Protocol, we determine the carbon footprint of our enterprise and derive operational emission reduction targets and specific energy-saving measures.
Based on the identified focus areas, we contribute to global efforts to combat climate change in line with the CO2 reduction targets of the Tiger Yuxian Group.
We strive to achieve energy efficiency in our processes and throughout the value chain. Therefore, we apply ECO Design during product development to minimize the carbon footprint of our products throughout their life cycle.
By implementing sustainable practices, we reduce energy consumption and reduce our impact on the environment.
Energy procurement is a core element in reducing CO2 emissions. Our goal is to gradually switch to renewable energy sources to operate our facilities and production buildings.
We are constantly looking for decarbonization possibilities and our dedication to sustainability is not limited to complying with regulations and standards.
We will continue to implement innovative solutions to minimize our impact on the environment.

ESG

Social

At Tiger Yuxian, we understand that our employees and society are an important part of our commitment to sustainable cooperation. We firmly believe that a sustainable future can only be achieved by investing in the well-being of our employees and the communities in which we operate. Therefore, equal opportunities, diversity and high social standards are part of Taige Yuxian's open and honest corporate culture. By working together, we can create a socially responsible, environmentally sustainable and economically viable world for future generations.

Demonstration measures:

As a global organization, we maintain appreciative and friendly relations with people of different mentalities, races, religions and cultures.
We firmly uphold the long-standing traditions and values ​​of Taige Yuxian and always put employees at the center. In an environment of fair working conditions, good development opportunities and purposeful promotions, we create an atmosphere of mutual success.
Our safe working environment is the foundation for protecting and maintaining the health of employees in the best possible way. We fulfill our corporate responsibility and strive to maintain high global hygiene standards in all operations. We prioritize the health and safety of our employees, customers and partners and take necessary measures to meet local and international regulations.
In order to achieve our sustainable development goals, we recognize the importance of employee training and development.
We regularly provide training programs for our employees to enhance their skills, knowledge and awareness of sustainable practices. Thus, we ensure that they are equipped to contribute to our sustainable development efforts. Diversity and inclusion are essential to our sustainable development and help us adapt to the changing environment and innovate for the future. A diverse recruitment process at all levels ensures that we attract and retain the best talents.
TaiGe YuXian's social responsibility covers our external partners in the supply chain and value chain. We will continue to work towards the full realization of our social quality and value standards.

ESG

Governance

Sustainability is a core value at Diehl Electronics and encompasses all its aspects. As an integral part of the management mission statement, sustainability is firmly integrated into our governance structure. Our stated goal is to conduct business in a fully sustainable manner. The cornerstones of integrity and fairness are rooted in our strategy and serve as a value compass for our corporate governance. Overall, our commitment to sustainability is not limited to our operations but also extends to the community, where we actively support local initiatives that promote environmental sustainability and social responsibility. We fulfill this responsibility through a dedicated sustainability organization. We have also committed to a Group-wide Code of Conduct, which provides guidance for our business conduct and also applies to the supply chain.

Demonstration measures:

As part of our commitment to sustainability, we actively participate in sustainability ratings.
Internally, we follow a strict Code of Conduct and Transparency that outline our commitment to ethical behavior, social responsibility and environmental stewardship. Both codes provide clear guidance to our employees, suppliers and stakeholders on how to conduct our business sustainably.
We continuously monitor and evaluate our sustainability performance, setting goals to reduce our environmental impact and promote sustainable practices.
We strive to make our operations more sustainable by implementing environmentally friendly technologies, reducing waste and conserving natural resources.