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Waste Management

RichWave's operating locations do not engage in production so the waste generated consists of mainly office waste. Electronic wastes mainly come from laboratory tests and product samples preserved for QA purposes; these include hazardous wastes such as electronic scraps and defective products. RichWave has established a dedicated waste management unit in charge of hazardous waste declaration and disposal. It is also responsible for monitoring waste disposal to make sure that the process complies with the government's environmental policies and regulations to carry through proper disposal and reduction of waste.

To materialize responsible production and mitigate our operating wastes' potential environmental impact, RichWave has implemented the following waste management strategies in various stages.

 

 

In 2022, RichWave’s waste generated was 20.5554 tonnes, with a waste intensity of 0.0060 tonnes per million revenue, of which general business waste is the main source, accounting for 99% of the total waste, and incineration is the main method of processing. The rest is hazardous business waste, which mainly consists of waste products and electronic waste, weighing 0.2087 tonnes in 2022, accounting for about 1% of the total waste, about 95% of which was recycled, of which 5.84% was recycled into the various stages of the product life cycle in order to achieve resource recycling and reuse. Waste generated in 2022 decreased by 31.03% compared to 2021, mainly due to the change of the general business waste statistics Note 1 and the continuous promotion of waste processing as resource. In terms of policy or future planning for recycled materials, RichWave’s current recycled materials are mainly packaging materials related to products and IC scraps and defective products, with a total recycling volume of 1.54 tonnes in 2022, which was delivered to qualified and professional waste processing vendors for recycling and reuse, and in the future, RichWave will proactively plan and expand the diversification of the use of recycled materials in order to achieve the goal of a circular economy and to enhance the efficiency of resource utilization.

 

 

 

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