Acer 2023 Sustainability Report: Highlights Collaboration with Partners to Jointly Respond to SDGs

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Acer Inc. has released its 2023 Sustainability Report, highlighting progress in ESG and 'Conscious Technology' to address climate change. The company was named among TIME's World's Most Sustainable Companies 2024 and awarded the Platinum medal by EcoVadis, representing the top 1% of rated companies.

Acer is accelerating ESG progress through partnerships, working with logistics partners to support biofuel use and reduce carbon emissions. Its subsidiaries are developing sustainable solutions, including AI-assisted medical solutions for various health conditions.

The company has pledged to achieve net-zero emissions by 2050, outlining a strategy focused on business operations, products and services, and value chain. Acer has expanded its eco-conscious Vero product line, including its first carbon-neutral laptop, the Aspire Vero 16.

Acer aims to achieve 100% renewable electricity by 2035 and continues to receive global recognition for its ESG initiatives.

TAIPEI, Oct. 8, 2024 /PRNewswire/ -- Acer Inc. (TWSE: 2353) has released its 2023 Sustainability Report highlighting its progress in environmental, social, and governance (ESG), and "Conscious Technology" to help tackle climate change. In addition, Acer was named by TIME among the World's Most Sustainable Companies 2024 and awarded the Platinum medal, the highest recognition of EcoVadis' Sustainability Rating that represents the top 1% of rated companies ^[1].

Accelerating ESG Progress Through Partnerships

Working with its partners and subsidiaries to develop smart solutions for a better future, Acer has invested in initiatives that help reduce carbon emissions, save energy, and increase productivity. To reduce carbon emissions, the company has joined forces with its logistics partners in support of biofuel, including sustainable marine and aviation fuels, demonstrating its commitment to fulfilling the United Nations SDG 17 (Partnerships for the Goals) and SDG 13 (Climate Action).

Acer's subsidiaries are also engaged in various fields of sustainable solutions for everyday living. Among its new business initiatives, Acer continued its cross-domain collaboration in technology and healthcare, responding to SDG 3 (Good Health and Well-being). Its subsidiary, Acer Medical, offers AI-assisted medical solutions including screening software for diabetic retinopathy, age-related macular degeneration, and osteoporosis, aiming to empower medical practitioners with actionable insights. As a human-centric company, Acer is driving the development and innovation of "Conscious Technology" with humans at heart and the planet in mind.

Working Toward Net Zero

Acer has pledged to achieve net-zero emissions by 2050 via a low-carbon transition and climate strategy that outlines nine directions under three major pillars: business operations, products and services, and value chain. Echoing the direction of employing "smart, circular, and renewable applications," Acer has ventured into the realm of renewable energy and energy storage. It has started investing in a solar power plant development, design, and construction company in Taiwan to actively expand green energy business; it also invested in battery cell technologies and now offers energy storage solutions across the supply chain, from household to industrial use, manufacturing to application, and front-of to behind-the-meter solutions to contribute to the energy transition.

In 2023, Acer expanded its Vero portfolio of eco-conscious products with its first carbon-neutral laptop, the Aspire Vero 16 (AV15-53P). Acer requires suppliers to increase the proportion of renewable electricity used in manufacturing its products, as a result, the final assembly of the Aspire Vero 16 has been using 100% renewable electricity. Furthermore, Acer actively communicates with key component suppliers, particularly those with a higher proportion of product carbon emissions, such as LCD panel makers, to use renewable energy in their processes to reduce carbon emissions and overall product carbon footprint in the Aspire Vero 16.

Continuing to March Ahead in ESG Initiatives

Acer's endeavors to make ESG a sustainable part of its business continues to receive global accolades. It was listed in TIME's World's Most Sustainable Companies 2024 with a methodology that took into account companies' participation in respected climate programs such as the Science Based Targets Initiative (SBTi), CDP scores, and whether they have incorporated sustainability into their business models. In addition, Acer received the Platinum medal from EcoVadis' Sustainability Rating for the third year, representing the top 1% of rated companies. Acer will remain steadfast with its ESG efforts as it works toward its goals to achieve 100% renewable electricity by 2035 and net zero by 2050.

[1] Ecovadis Sustainability Rating, August 2024

About Acer

Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,700 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.

© 2024 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

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FAQ

What sustainability goals has Acer (ACEYY) set for 2050?

Acer has pledged to achieve net-zero emissions by 2050 through a low-carbon transition and climate strategy focusing on business operations, products and services, and value chain.

How is Acer (ACEYY) working towards reducing carbon emissions in its supply chain?

Acer is partnering with logistics companies to support biofuel use, including sustainable marine and aviation fuels. The company also requires suppliers to increase renewable electricity usage in manufacturing its products.

What eco-conscious products has Acer (ACEYY) introduced in 2023?

In 2023, Acer expanded its Vero portfolio with its first carbon-neutral laptop, the Aspire Vero 16 (AV15-53P), which uses 100% renewable electricity in its final assembly.

What recognition did Acer (ACEYY) receive for its sustainability efforts in 2024?

Acer was named among TIME's World's Most Sustainable Companies 2024 and awarded the Platinum medal by EcoVadis' Sustainability Rating, representing the top 1% of rated companies.

What is Acer's (ACEYY) renewable electricity goal for 2035?

Acer aims to achieve 100% renewable electricity usage by 2035 as part of its ongoing ESG efforts and sustainability goals.