COMPANY OVERVIEWSUSTAINABILITY MANAGEMENTESG PERFORMANCEAPPENDIX
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ENVIRONMENTAL


Environmental Management Promotion System

Environmental Management Policy & Strategy

HUMAX Networks has established an environmental policy to prevent environmental damage and practice continuous improvement activities through eco-friendly business management. To this end, we have established an eco-friendly management system based on ISO 14001, a global standard, and are complying with domestic and overseas environmental laws and regulations. In addition, we have identified the environmental issues that we should focus on managing by assessing the environmental impacts arising due to the nature of our business, and then performing continuous management activities. 


Direction of Environmental Management 



Environmental Management Certification

HUMAX Networks has been recognized for establishing an environmental management system at the global level by acquiring the ISO 14001 (environmental management system) certification in 2023. We will continuously renew and maintain all related certifications to ensure continuous operation of our eco-friendly management system. 



Environmental Management Guidelines

HUMAX Networks enacted the environmental management guidelines on December 2, 2022, and has updated it periodically. The environmental management guidelines consist of a set of basic principles, beginning with the CEO’s message, which contains the CEO’s commitment to environmental management, and a total of ten detailed principles. Through these environmental management guidelines, we will do our best to achieve our environmental goals and improve our performance by taking into account the environmental aspect in all the processes of corporate management activities. 


Governance of Environmental Management

HUMAX Networks has established an environmental management governance in which the top management participates. The company is equipped with an environmental management system for operating a sustainable business by managing and overseeing the company-wide implementation of environmental management based on environmental policies and guidelines. 



Environmental Management Training

We conduct training on the impact of corporate activities on the environment and the direction of the response in the future in order to raise our employees’ environmental awareness and to strengthen their environmental competencies. We have conducted an online training program on the theme of “Understanding environmental management and how to respond to climate change” for all our employees. This training covered a diverse range of topics, such as energy-saving and energy mix, climate change and the company’s response, greenhouse gas emissions and the carbon market, waste and the circular economy, biodiversity and related laws, management of hazardous substances, etc. In 2023, 175 persons participated in this training program. 

Result of Environmental Training in 2023

・ Training topic : Understanding environmental management and the response to climate change.

・ Target : All employees

・ Date : May 2-12, 2023

・ Training method : In-house online training (Video viewing)

・ Training completed : 175 persons

・ Training details : 1. Information related to energy, such as energy sources, energy saving, energy mix, etc.

2. Current status and impact of climate change/response method of the company.

3. Greenhouse gas emissions and the carbon market.

4. Waste and the circular economy.

5. Laws related to biodiversity.

6. Management of harmful substances 

Eco-Friendly Activities and Management

Greenhouse Gas Emission Reduction and Management Activities

HUMAX Networks is deeply aware of the seriousness of climate change, and has consequently set its greenhouse gas emission reduction target for the first time to join the response to global climate change. Furthermore, to express our commitment to reducing greenhouse gas emissions, we have pledged to establish a reduction target based on science through the SBTi (Science Based Target initiative), a global initiative, and will continuously practice it by receiving the verification of SBTi. 


Greenhouse Gas Emissions Reduction Goals


Energy Conservation Activities

To reduce greenhouse gas emissions and save energy, we have installed motion-activated energy-saving switches with motion sensors in all the restrooms and lounges at our domestic business sites. In addition, we have replaced the existing lighting with highly-efficient LED lighting, and are developing and supplying products with power-saving functions. Besides this, we are running a campaign in which internal employees’ always set their laptops to the standby mode. 

 

Greenhouse Gas Reduction in the Supply Chain

As the regulations on greenhouse gas emissions have recently been tightened in supply chains, the importance of greenhouse gas management within the supply chain is growing. Hence, the company is striving to manage the greenhouse gas emissions of its major suppliers. As a part of this effort, we identified and began managing the amount of energy consumption and greenhouse gas emissions of the Thai plant, which is a major outsourcing factory overseas, in 2023. HUMAX Networks will make further efforts to reduce Scope 3 emissions by expanding the scope of management in order to manage greenhouse gas emissions within the supply chain. 


Waste Management

Waste Sorting and Disposal

HUMAX Networks classifies wastes into general waste and industrial waste: the former include papers, cans, glass bottles, plastic, and food wastes generated during employees’ working hours and break time, while the latter include PCBs, finished products, steel plates, etc. generated during product development. Wastes are disposed of by classifying them into wastes for incineration, reclamation, and recycling, in compliance with the standards of the Wastes Control Act. Moreover, items collected free of charge, such as TVs and laptops, are disposed of through organizations that support the recovery and recycling of waste electronics, and electronic industrial wastes are disposed of by waste collection companies designated by the local government. 



Efforts to Practice Resource Saving and the Circular Economy

HUMAX Networks is inducing the active participation of its employees in sorting and disposing of wastes through the separate collection of domestic wastes, and is running a campaign recommending the use of reusable tumblers instead of disposable and paper cups. In addition to this, we have taken measures to replace the existing PE pads with paper pads to enhance convenience when dismantling products. To reduce the generation of waste, our company is actively promoting the modification and reuse of IT hardware, particularly laptops. Through these efforts, old laptops are being reused as test equipment for product experiment, and in 2023 we converted 15 old Pcs into 10 items of development equipment. We will minimize the generation of waste from the overall process of production, distribution, and consumption and increase waste recycling and reuse in order to reduce their impact on the environment.  



Management of Hazardous Chemical Substances

To respond to global environmental regulations such as RoHS, REACH, POPs, TSCA, CA Prop.65, PFAS, etc., HUMAX Networks has established its own environmental compliance management process. We are periodically monitoring the harmful chemical substances included in our products through verification of parts, and managing the chemical substances of raw and sub-materials in the supply chain by establishing the related database. We request our suppliers to manage data in accordance with global environmental regulations. The company also distributes the latest environmental regulation standards and manuals for hazardous substances to suppliers, and actively monitors whether suppliers comply with the standards. 

Furthermore, we are blocking exposure at the source by establishing and implementing measures to prevent exposure according to the risk level based on the results of the chemical substance risk assessment. We are replacing high-risk materials based on the results of risk assessment, and continuing with our improvement efforts by establishing reduction plans. Besides this, we periodically measure the working environment of our worksites, and have furnished MSDS materials on the substances in use in each laboratory. To control exposure to harmful substances, we periodically commission external specialized agencies to measure the working environment and conduct monitoring. As a result, assessments have confirmed that we have “not exceeded the limit on exposure to carcinogenic substances”, and have not “exceeded twice the limit of exposure to chemical factors”. 


Management of use of water

Although HUMAX Networks is not in an industry that uses large amounts of water resources, we are raising employees’ awareness of the importance of water conservation by conducting a campaign for saving water in order to reduce the amount of water used by the company. To save water and reduce unnecessary consumption, we are carrying out a campaign aimed at encouraging employees to use tooth-cleaning cups, turn off faucets, and use water appropriately by adjusting water pressure. In addition, we are saving water and energy during the summer season by adjusting the use of hot water valves. 

 

Pollutant Management

Due to the nature of our business, which does not directly produce products, HUMAX Networks plays almost no part in the generation of air and water pollutants or foul odors, and is not a company subject to reporting to the government. Nevertheless, we always keep an eye on the domestic and overseas laws related to pollutants, and make sure that we manage our supply chain with a sense of responsibility so as to minimize the emission and discharge of pollutants in the supply chain. 


Biodiversity Preservation Activities

HUMAX Networks’ domestic business sites do not fall under the ecological management area based on the National Institute of Ecology’s ecological and natural map provided by the Ministry of Environment. Nonetheless, HUMAX Networks engaged in a plogging event focused on protection of the ecosystem at Namhansanseong Fortress, Seoul, in which all its employees participated. The event was very meaningful in that it contributed to preserving an important cultural heritage site through healing, tracking, and plogging. We will contribute to protecting the environment and creating a sustainable future through small daily practices, such as picking up trash, by integrating environmental and social contribution activities. 

 


Environmental Risk Assessment and Emergency Response

Environmental Impact Assessment Procedure

HUMAX Networks checks the environmental impacts occurring at all its business sites in order to assess the degree of direct and indirect environmental impacts that may arise in the future. We have classified the main environmental impact elements into air, water quality, soil, natural resources, plants, animals, and people, and are measuring the frequency, amount, and severity of such impacts. This measurement is conducted once a year to identify and manage important environmental issues, and we are taking measures to comply with domestic and overseas environmental laws and to fulfill the environment related standards required by ISO 14001 and ISO 45001. 

In addition to this, our company periodically monitors various domestic and overseas legal requirements. In particular, we are independently conducting legal compliance assessments and monitoring whether we satisfy the environmental standards required by our customers, such as overseas RoHS, REACH, POPs, TSCA, CA Prop.65, PFAS-related guidelines, etc. 


Response to Environmental Emergency

We have identified risks by type and prepared response measures to prevent and prepare for the kinds of environmental accidents that may arise at our business sites. We conduct training once a year to ensure that we can respond quickly and safely to any emergency, such as accidents, flooding, fire, earthquake, etc., and periodically check the training plan for preparing for an emergency and analyze the response measures every two years. 


Compliance with Environmental Laws

HUMAX Networks has not received any major fines or non-monetary sanctions due to violations of environmental regulations in the past three years, and will continue to comply with the environment-related laws. We have established a related reporting channel to actively listen to the opinions of our stakeholders on environmental safety, going beyond legal compliance. Our employees, as well as all external stakeholders, can freely use this reporting channel.



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