Acer Among Top 5% Scoring Companies in S&P Global Corporate Sustainability Assessment

Rhea-AI Summary

Acer Inc. has been recognized among the top 5% of companies in the S&P Global Sustainability Yearbook 2024 for its sustainable practices. This marks the fourth consecutive year Acer has been listed in the yearbook, showcasing its commitment to corporate sustainability and social responsibility. Acer's achievements include maximum scores in the Social component and validation by the Science Based Targets initiative for its GHG emissions reduction goals.

Positive

• Acer's inclusion in the Top 5% category of the S&P Global Sustainability Yearbook 2024 highlights its outstanding sustainable practices.
• The company has been named in the yearbook for the fourth year in a row, demonstrating its long-term commitment to corporate sustainability.
• Acer achieved a maximum score in the Social component, showcasing its dedication to social responsibility.
• The Science Based Targets initiative has validated Acer's goal to reduce GHG emissions, aligning with the 1.5C trajectory for global temperature rise.
• Acer aims to reduce absolute scope 1 and 2 GHG emissions by 50% and scope 3 emissions by 35% by 2030, showing a strong commitment to environmental sustainability.

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• None.

Acer is listed in Sustainability Yearbook 2024 for fourth consecutive year

TAIPEI, April 24, 2024 /PRNewswire/ -- Acer Inc. (TWSE: 2353) has been listed in the Top 5% ^[1] category of the S&P Global Sustainability Yearbook 2024, which names only the 759 companies from more than 9,400 companies in 62 industries evaluated in the 2023 Corporate Sustainability Assessment (CSA). CSA is an annual assessment of companies' sustainable practices via their corporate disclosures. Acer has been named in the yearbook for the fourth consecutive year, among the "Computers & Peripherals and Office Electronics" industry's top-performing companies and achieved an industry maximum score in the Social component.

Striving to enhance its climate-related corporate disclosures, Acer published a dedicated TCFD (Task Force on Climate-related Financial Disclosures) Report in 2023, describing its risk management and decision-making planning in more detail to help stakeholders better understand the related financial impact.

Furthermore, Acer's goal to reduce greenhouse gas (GHG) emissions has been validated by the Science Based Targets initiative (SBTi) to be in line with keeping global temperature rise within the 1.5C trajectory. Acer's goal is to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year, and it has also committed to reduce absolute scope 3 GHG emissions 35% by 2030 from a 2020 base year.

[1] Formerly known as "Silver Class" distinction in the S&P Global Sustainability Yearbook

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.

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SOURCE Acer

FAQ

What recognition did Acer receive in the S&P Global Sustainability Yearbook 2024?

Acer was recognized among the top 5% of companies in the S&P Global Sustainability Yearbook 2024.

How many companies were evaluated in the 2023 Corporate Sustainability Assessment?

More than 9,400 companies in 62 industries were evaluated in the 2023 Corporate Sustainability Assessment.

What industry is Acer listed under in the Sustainability Yearbook?

Acer is listed under the 'Computers & Peripherals and Office Electronics' industry in the Sustainability Yearbook.

What is Acer's goal regarding GHG emissions reduction by 2030?

Acer aims to reduce absolute scope 1 and 2 GHG emissions by 50% and scope 3 emissions by 35% by 2030.

What is the purpose of Acer's TCFD Report published in 2023?

Acer's TCFD Report describes its risk management and decision-making planning in detail to help stakeholders understand the financial impact related to climate change.

Who validated Acer's goal for GHG emissions reduction?

The Science Based Targets initiative validated Acer's goal for GHG emissions reduction.

How many times has Acer been listed in the S&P Global Sustainability Yearbook?

Acer has been listed in the S&P Global Sustainability Yearbook for the fourth consecutive year.