Climate Change Management & Greenhouse Gas Inventory
Climate Change Management & Greenhouse Gas Inventory
Climate Change Risk and Opportunity Assessment
| Risk and Opportunity Categories | Detailed Explanation of Risk and Opportunity Assessment | |
|---|---|---|
| RISK | Increased Extreme Weather Events | Evaluate the impact of extreme weather on production, transportation, equipment usage, and energy supply. |
| Long-term Climate Change Impacts | Assess the hazards posed by long-term climate changes such as rising average temperatures and sea levels to the company. | |
| Policy and Regulatory Risks | Consider the potential increase in operational costs and impacts on the company due to future environmental regulations, carbon taxes, carbon fees, and renewable energy-related regulations. | |
| Market Demand Shift Risks | Evaluate the transitional risks associated with outdated processes and technologies, changing market demands, and heightened customer expectations that create operational pressures for GCM. | |
| Reputation Risk | Evaluate the risks of insufficient sustainable development efforts that may reduce stakeholder attention and investment willingness. | |
| Opportunity | Low-carbon Product Development | Develop new products to align with future market trends. |
| Energy Efficiency Improvement | Implement measures to use and recycle water resources, energy, and raw materials efficiently to save operational costs and enhance production efficiency. | |
| Investor Relations | Continue promoting sustainable practices to increase stakeholder investment willingness. | |
| Use of Renewable Energy | Early adoption of renewable energy to receive government incentives and reduce carbon emissions. | |
| Supplier Sustainability and Stability | Audit and guide suppliers, and establish standards for them to stabilize the supply chain. | |
Greenhouse Gas Inventory
In accordance with the Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies, the company has established a Greenhouse Gas (GHG) Inventory Promotion Task Force. Authorized by the Board of Directors, the General Manager serves as the management representative, leading the relevant responsible units to form a project team. This team manages internal and external information for corporate sustainability GHG inventories and ensures the completion of GHG inventory and certification tasks. The GHG Inventory Promotion Task Force reports its implementation plans and results to the Board of Directors at least once a year.
The Board of Directors receives quarterly updates from the task force and provides timely advice and guidance on the GHG implementation timeline, personnel training, and task force responsibilities. This structured approach ensures that the Board’s functions are effectively carried out through the company’s organization and mechanisms.
In response to the escalating challenges posed by global climate change, establishing a comprehensive GHG reduction policy plays a pivotal role in the company’s climate mitigation efforts. We consider environmental sustainability a core value and are fully committed to supporting government environmental policies and fulfilling corporate social responsibilities.
To achieve this sustainable vision, the company will relentlessly promote energy-saving and carbon reduction measures to reduce GHG emissions. Starting internally, we cultivate energy-saving and carbon-reducing habits through employee education and training. Concurrently, we will continue to introduce innovative technologies, processes, and equipment that enhance energy efficiency and reduce carbon emissions, progressively achieving the goals set by our reduction policies.
