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
12.04% in 2023.
At the end of 2023, we installed an energy management detection system on high-energy-consuming equipment in the onsite work area. This system aims to identify high-energy-consuming equipment for replacement, thereby achieving our carbon reduction targets.
At the end of 2023, we installed an energy management detection system on high-energy-consuming equipment in the onsite work area. This system aims to identify high-energy-consuming equipment for replacement, thereby achieving our carbon reduction targets.
Preventive or Remedial Measures
Progressively initiate the replacement of outdated and
energy-intensive equipment and accelerate green procurement.
Introduce environmentally friendly production materials such
as PLA eco-friendly alternative materials and eco-friendly inks to
effectively reduce carbon emissions during operations, achieving
true green manufacturing.
Climate Change-Related Financial Disclosure
Our company, while continuing to innovate and provide high-quality products to
customers, aims to become a green supply chain by implementing environmental
sustainability policies and vision. We aspire to achieve a 25% reduction in carbon
emissions by 2025 compared to the 2021. Our strategies and implementation plans
are as follows:
Governance Unit
The GHG Inventory Team is established by the Director, who is appointed by the TNP
Chairman. The team members are responsible for gathering information and planning carbon
reduction initiatives, which are executed by various business units. The board of directors
supervises this function.
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
Climate change impacts the Earth significantly, and under global
advocacy, Taiwan has set a goal for net-zero carbon emissions by 2050.
TNP has aligned with this ultimate goal and set an interim target to
reduce carbon emissions by 25% by 2025 compared to 2021.
To achieve this, starting at the end of 2023, TNP has taken the following measures:
To achieve this, starting at the end of 2023, TNP has taken the following measures:
- Monitoring the energy use of high-energy-consuming equipment and improving or replacing the most energy-consuming ones to achieve energy savings and carbon reduction.
- Accelerating green procurement by introducing environmentally friendly materials like PLA and eco-friendly inks to reduce carbon emissions during operations, achieving green manufacturing.
- Planning to construct a new green plant equipped with energy storage systems and solar panels to use green energy, reducing reliance on purchased electricity and carbon emissions.
| Short-term Goals | Mid-term Goals | Long-term Goals |
|---|---|---|
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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
Our company has been proactively conducting greenhouse gas
(GHG) inventories since 2022 and disclosing the results on the
public information website. Post-inventory, we engage a third-party
verification unit to ensure the accuracy of our data through ISO 14064-
1:2018 GHG verification. Data collection for the 2023 GHG emissions
began in January 2024, and third-party verification is scheduled for
May. We expect to receive the ISO 14064-1:2018 GHG verification
certificate by June 2024.
Assurance/V erification Agency
- ISO 14001:2015 Environmental Management System certification was obtained in 2023.
- ISO 14064-1:2018 Greenhouse Gas Verification Certificate was obtained in 2023.
- The company plans to implement the ISO 50001 Energy Management System.