Circular Economy

Circular Economy Solution

In 2018, GIGABYTE drew on more than 20 years of professional expertise in PCB repairs and customer service to set up the subsidiary Bestyield International (“Bestyield”). A sustainable circular economy business model was established based on a core philosophy of Mottainai[1]. The highest level of “Optimizing” certification under the BS 8001 circular economy standard was successfully obtained for business model maturity in 2020. Bestyield International is now a member of the Taiwan Circular Economy 100 (TCE100) and won 3rd place in the sustainability category of the Longterm Smile Award in 2023.

[1] Mottainai is a Japanese phrase used to sigh for something that is no longer what it should be. It was later used to convey regret over wasting materials, efforts, or actions.

In 2023, Bestyield extended the life of 567,415 pieces of products regardless of brand through repair and refurbishment, equivalent to avoiding 794.8 metric tons of electronic waste. The EPA product carbon footprint database estimated carbon emissions from solidification and disposal of hazardous industrial waste to be 130 kg-CO2e per tonne, so that means we reduced carbon emissions by 103,324 kg.

Action Plan	Outcomes in 2023
Repair	537,107 pieces of products were sent for repairs and 531,590 pieces were picked up after being repaired. The repair rate was 98.97%, and avoided electronic waste by 762.9 metric tons.
Refurbish	A total of 30,308 pieces of products were refurbished and 11,421 pieces were sold after refurbishment. Unsold products were returned to the distributor’s refurbished goods warehouse after refurbishment and testing for continued use. Electronic waste was reduced by a total of 31.9 metric tons.
Recycling and Reuse	Consumers turned in 107,464 pieces of products for scrapping while Bestyield purchased 11,572 pieces of waste products and recovered 332 pieces of B2B leased devices. These were refurbished, remanufactured, or recycled in some other manner for reuse.

Total Weight Up to Date

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Repaired Products

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Recycled Scrapped Products

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Sold after Refurbishment

For more information about circular economy solutions, please visit Bestyield International Website .

Revenues Generated from Circular Economy Business in the Pasr 4 Years

Unit: TWD 1,000

	2020	2021	2022	2023
Annual Revenue of Bestyield	500,628	523,681	501,582	1,354,965
Ratio to the Group’s Annual Revenue	0.59%	0.43%	0.47%	0.99%

[Note] The above financial data are taken from GIGABYTE Annual Reports. The data boundary covers Bestyeild International and its overseas branches.

GIGABYTE Global Contact Sites for Recycling Information

Many materials from discarded electronic products are still well usable. By reusing, these resources can bring more value and contribute to creating a circular society. GIGABYTE conforms to the European Union WEEE Directive extending manufacturer responsibility. We have set up reverse logistics and recycling channels in Europe, North America, and Taiwan. Consumers can check with us to find the closest recycling point to them and drop off any products they would like to discard. In this way, waste can be recycled and reused with an extended lifecycle, which makes energy and resource be used properly in a circular way.

Circular Economy and Recycling Information