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. Following the ISO 14064-1 greenhouse gas inventory, it was found that indirect energy emissions from purchased electricity accounted for more than 90% of the combined total emissions of Category 1 and Category 2 across the entire plant. Therefore, the Company places great importance on energy use.
Impact
- Economic Potential Negative Impact:
- To align with the government's net-zero carbon emissions target, the introduction of low-carbon investments, whether through replacing energy-intensive equipment or adopting circular economy practices, will increase operating expenses and raise product unit 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.
- Excessive national electricity consumption and insufficient power supply lead to rising electricity prices, thus increasing production costs.
- In response to global concern over the consequences of the greenhouse effect and the goal of achieving net-zero emissions by 2050, the Company has replaced energy-consuming equipment and adopted environmentally friendly raw materials to reduce carbon emissions in compliance with applicable regulations. To align with the government's 2050 net-zero policy, additional improvement costs are required.
- Potential positive impact on corporate image: Reducing carbon emissions can lower the carbon footprint of our products, thus increasing the Company's market competitiveness.
- Potential positive environmental impact: Using energy-saving equipment and making green investments can effectively reduce electricity costs and greenhouse gas emissions, leading to environmental friendliness.
- Actual positive human/human rights impact: All raw material suppliers and cooperating manufacturers are required to comply with government regulations prohibiting the use of banned substances in raw materials, ensuring adherence to regulations.
Policy/Strategy
- Since 2021, the Company has proactively conducted ISO 14064 greenhouse gas inventories and ensured the accuracy of the inventory data through audits by a third-party verification institution. Starting from 2021, we have arranged annual greenhouse gas inventories to confirm whether the Company's greenhouse gas inventory data shows a downward trend year by year.
- Starting from the end of 2023, we began monitoring the energy consumption of more energy-intensive equipment. Once monitoring is complete, we will prioritize improving or replacing the most energy-intensive equipment to achieve energysaving and carbon reduction effects.
- In 2025, we implemented ISO 50001 and energy monitoring equipment to monitor energy usage.
- New plant planning includes solar panels and storage equipment to reduce purchased electricity and carbon emissions through self-generated green power.
Goals and Targets
(Using 2022 as the baseline year for the greenhouse gas inventory)
Short-term Goals
- Monitor and inventory energy-consuming equipment
- Implement waste sorting to reduce waste volume
- Promote water and electricity conservation throughout the plant
- Replace high-energy-consuming equipment on a year-by-year basis.
- Achieve ISO 50001 third-party certification in 2025.
Mid-term Goals
- Replace or improve energy-consuming equipment
- Implement ISO 50001 Energy Management System
- Plan to add energy storage equipment
- Plan to use solar green electricity
- The carbon reduction target from 2025 to 2030 is expected to achieve a 5% reduction.
Long-term Goals
- Develop renewable materials
- Continuously seek opportunities for sustainable improvement through the ISO 14001 Environmental Management System, ISO 14064-1 Greenhouse Gas Inventory, and ISO 50001 Energy Management System.
- Achieve net-zero carbon emissions by 2050
Management Evaluation Mechanism
- The Company conducts annual Plan-Do-Check-Act (PDCA) effectiveness evaluations for environmental and greenhouse gas inventories in accordance with its ISO 14001 and ISO 14064-1 internal audit and management review procedures.
- Implement the ISO 50001 Energy Management System to improve energy performance and evaluate the effectiveness of the PDCA.
Performance and Adjustments
- In comparison to 2021, the Company reduced greenhouse gas emissions by 12.04% in 2025.
- In 2025, the Company used an energy management monitoring system to monitor relatively energy-intensive machinery and equipment in the production areas, thereby identifying high-energy-consuming equipment and replacing such equipment to achieve carbon reduction targets.
- We have developed low-VOC (volatile organic compound) inks and achieved a 90% adoption rate.
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.