Management Policy
Reason for the Issue's Importance
To align with the government's 2050 net-zero carbon emissions
target, greenhouse gas inventory and emissions have been
identified as a Major Issue.
Impact and Influence
- Economic Potential Negative Impact:
- To meet the government's net-zero carbon target, introducing low-carbon investments, whether by replacing energyintensive equipment or implementing a circular economy, will increase operating expenses and raise product prices.
- Since our company's products are exported to Europe and the United States, facing the implementation of a carbon tax system at export destinations will increase production costs.
- Corporate Image Potential Positive Impact: Reducing carbon emissions can lower the carbon footprint of products, enhancing the competitiveness of our products in the market.
- Environmental Potential Positive Impact: Reducing greenhouse gas emissions and being environmentally friendly
Policy/Strategy
Our company proactively conducted an ISO 14064 greenhouse
gas inventory in 2021 and passed the third-party verification unit's
audit to confirm the accuracy of the inventory data. Since 2021, we
have arranged for an annual greenhouse gas inventory to confirm
whether our company's greenhouse gas inventory data shows a
decreasing trend year by year.
Goals and Targets
(Using 2022 as the baseline year for the greenhouse gas inventory)
Short-term Goals: Reduce greenhouse gas emissions by 8% compared to the baseline year by 2023.
Mid-term Goals: Reduce greenhouse gas emissions by 25% compared to the baseline year by 2025.
Long-term Goals: Achieve net-zero carbon emissions by 2050.
Short-term Goals: Reduce greenhouse gas emissions by 8% compared to the baseline year by 2023.
Mid-term Goals: Reduce greenhouse gas emissions by 25% compared to the baseline year by 2025.
Long-term Goals: Achieve net-zero carbon emissions by 2050.
Management Evaluation Mechanism
Our company conducts effectiveness evaluations of PDCA annually,
focusing on the environment and greenhouse gas emissions,
according to ISO 14001 and ISO 14064 internal audits and
management review procedures.
Performance and Adjustments
In comparison to 2021, our company reduced greenhouse gas emissions by 7.57% in 2024.
At the end of 2024, we progressively installed an energy management detection system on energy-intensive machinery within our operational areas. This allows us to identify the most power-consuming equipment and replace it, thereby achieving our carbon reduction goals.
At the end of 2024, we progressively installed an energy management detection system on energy-intensive machinery within our operational areas. This allows us to identify the most power-consuming equipment and replace it, thereby achieving our carbon reduction goals.
Preventive or Remedial Measures
Continuously implement plans to replace old and energy-consuming
equipment and accelerate green procurement.
Climate Change-Related Financial Disclosure
While continuously innovating to provide high-quality products, the company is committed
to environmental sustainability and aims to become a green supplier for our clients. We have
developed an environmental sustainability policy plan and vision, aspiring to achieve a mid-term target of 25% carbon emission reduction by 2025 compared to the baseline year. Our promotion strategy and implementation plan are as follows :
Governance Unit
The Chairman has appointed the President to establish a Greenhouse Gas Inventory
Team. The team’s members are responsible for collecting information and planning
carbon reduction initiatives, which are then executed by each business unit.
Risk Category
Replacing energy-consuming equipment and purchasing green raw
materials will increase operational costs.
Customer demands for low-carbon services increase carbon reduction costs.
Extreme weather conditions lead to raw material shortages or difficulties in shipping
Customer demands for low-carbon services increase carbon reduction costs.
Extreme weather conditions lead to raw material shortages or difficulties in shipping
Opportunity Category
Replacing energy-consuming equipment for energy savings and
carbon reduction.
Using recycled and reusable raw materials to achieve sustainable cycles.
Developing low-carbon products to expand market service range.
Enhancing corporate image and increasing company value.
Using recycled and reusable raw materials to achieve sustainable cycles.
Developing low-carbon products to expand market service range.
Enhancing corporate image and increasing company value.
Strategy
When facing the risks and opportunities brought by climate change,
TNP has formulated corresponding operational strategies:
- Short-Term Operational Strategy:Plan to monitor and inventory energy-consuming equipment. Implement waste classification to reduce waste volume. Promote water and electricity conservation across the plant.
- Mid-Term Operational Strategy:Plan to replace or improve energy-consuming equipment. Implement ISO 50001 energy management system. Install energy storage equipment and use solar green energy.
- Long-Term Operational Strategy:Develop renewable raw materials. Use ISO 14001 environmental management system. Implement ISO 14064 greenhouse gas inventory and ISO 50001 energy management system to find opportunities for sustainable improvement. Strive to achieve net-zero carbon emissions by 2050 to meet national and international requirements.
Risk Management
The company has formulated emergency response guidelines for risks
brought by extreme weather conditions such as power outages, floods,
typhoons, infectious diseases, and earthquakes. The company plans
to conduct regular emergency response drills to ensure preparedness
in the event of a disaster. These emergency response guidelines are
available for stakeholders to review but are not published on the
company's official website.
Indicators and Targets
Responding to the global initiatives addressing climate change, Taiwan has set a national
target of achieving net-zero emissions by 2050. The Company adopts this as its ultimate
goal and has established a mid-term target of a cumulative 25% carbon reduction
between 2021 and 2025.
To achieve this, the Company began in 2024 to:
- Monitor the energy consumption of more energy-intensive equipment. Once monitoring is complete, we will prioritize improving or replacing the most energy-consuming equipment. We have already improved the lamination machine(s) and plan to replace air compressors to achieve energy-saving and carbon reduction effects.
- Accelerate green procurement and adopt environmentally friendly production materials, such as PETG eco-friendly materials and environmentally friendly inks, to effectively reduce carbon emissions generated during operations, thus truly achieving green manufacturing.
- Utilize recycled PVC materials to reduce environmental impact.
- Simultaneously plan to reconstruct old factory buildings with environmentally friendly building materials used. The green factories are expected to include energy storage equipment and solar panels, enabling the Company to partially use green energy to reduce reliance on externally purchased electricity and lower carbon emissions.
- Plan for PETG cards to achieve net-zero emissions in the future, to reduce greenhouse gas emissions.
| Short-term Goals | Mid-term Goals | Long-term Goals |
| Monitor and inventory
energy-consuming
equipment Implement waste sorting to reduce waste volume Promote water and electricity conservation throughout the plant | Replace or improve
energy-consuming
equipment Implement ISO 50001 Energy Management System Plan to add energy storage equipment Plan to use solar green electricity | Develop renewable
materials Continue seeking sustainable improvement opportunities through ISO 14001 Environmental Management System, ISO 14064, Greenhouse Gas Inventory, and ISO 50001 Energy Management System Achieve net-zero carbon emissions by 2050 |
Financial Impact
Our company currently serves a diverse customer base, including
several in Europe, and may face carbon tariffs from various countries
in the future, leading to increased operational costs due to climate
change.
Although our current greenhouse gas emissions are between 1,000 tons CO2e and 1,500 tons CO2e, which is not subject to national carbon taxes, we must plan to replace energy-intensive equipment, develop environmentally friendly alternative raw materials, and use some green energy to reduce carbon emissions.
Although our current greenhouse gas emissions are between 1,000 tons CO2e and 1,500 tons CO2e, which is not subject to national carbon taxes, we must plan to replace energy-intensive equipment, develop environmentally friendly alternative raw materials, and use some green energy to reduce carbon emissions.
Carbon Pricing Basis
Our company currently does not have an internal carbon pricing tool.
Greenhouse Gas Inventory Plan
Since 2022, the Company has taken the initiative to conduct greenhouse gas inventories and disclosed the results on the public information website. After each inventory, we appointed a third-party verification institution to conduct an ISO 14064-1:2018 greenhouse gas verification to ensure data accuracy. On June 26, 2024, we obtained the ISO 14064-1:2018 greenhouse gas verification certificate.
External Asurance or Verification
- In 2024, we successfully passed the ISO 14064-1:2018 greenhouse gas verification.