Issue Date: August 01, 2025
 

Greenhouse Gas Management

Greenhouse Gas Management Strategies

  • Set SBT carbon reduction targets and pathway, and 2050 net-zero targets.
  • Conduct GHG inventory in accordance with ISO 14064-1 and obtain third-party verification.
  • The Environmental Protection Committee establishes the Environmental Sustainability Policy and regularly reviews carbon reduction performance to achieve GHG reduction goals.
  • Set short-, medium-, and long-term targets for green products, with specific implementation items and measurement indicators.
  • Establish an internal carbon pricing mechanism.
 

Greenhouse Gas Inventory

  • Coretronic conducts annual greenhouse gas (GHG) inventories by ISO 14064-1, covering Scope 1 to Scope 3 emission sources. The inventory includes 7 types of gases: carbon dioxide (CO₂), methane (CH₄), nitrous oxide (N₂O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulfur hexafluoride (SF₆), and nitrogen trifluoride (NF₃), to ensure accurate tracking of GHG emissions and serves as a basis for verifying the effectiveness of reduction efforts. Although not currently subject to mandatory regulatory requirements for GHG inventory or emissions reduction, Coretronic has set phased reduction targets and conducts annual reviews to drive continuous improvement. The Company reduces emissions by monitoring energy use, improving equipment efficiency, establishing an effective energy management system, and investing in renewable energy infrastructure, all aimed at minimizing reliance on traditional energy sources and maximizing energy efficiency to meet its GHG reduction goals. In 2024, all plants successfully passed ISO 14064-1 GHG inventory verification.
  • GHG emissions (Scope 1 and 2) totaled 23,404.7 tCO₂e in 2024, representing an 8% reduction compared to 2023 and a 51% reduction from the 2021 baseline year, meeting the short-term target. Taiwan plants saw a 10% reduction from 2023 and a 28% reduction from the 2021 baseline year. China plants saw a 7% reduction from 2023 and a 56% reduction from the 2021 baseline year.
  • Total GHG emissions (Scope 1~3) reached 535,904.9 tCO₂e, marking a 69% reduction from 2023 and indicating a significant improvement in carbon reduction performance.
  • GHG emissions intensity (Scope 1 and 2) decreased by 5% compared to 2023 and by 43% compared to the 2021 baseline year, achieving the short-term target.
  • The main source of Scope 3 emissions is “purchased goods and services”. Moving forward, the Company will actively collaborate with suppliers to improve production processes and reduce Scope 3 emissions.


Greenhouse Gas Emissions Summary Table



Scope 3 Greenhouse Gas Emissions Summary Table

 


Internal Carbon Pricing

  • Although Coretronic has not yet reached the carbon fee threshold set by the Ministry of Environment, the Company proactively introduced an internal carbon pricing strategy in 2021 to better manage operational risks associated with climate change. Based on scenario analyses of emission risks at each plant, an internal carbon price of NT$942 per metric ton of CO₂e was set to simulate the potential impact of future carbon costs on business operations and investment decisions.
  • Since 2022, the Company has applied internal carbon pricing to evaluate the investment benefits of ESCO energy-saving projects and solar power generation system installations, supporting more optimized internal resource allocation. Then, it upgraded to energy-efficient equipment and increased the use of renewable energy. In 2024, Scope 1 and 2 greenhouse gas emissions totaled 23,404.7 tCO₂e, representing a 51% reduction compared to the 2021 baseline year, significantly exceeding the short-term target and demonstrating the effectiveness of internal carbon pricing in supporting decision-making.
  • Looking ahead, Coretronic will dynamically adjust its carbon price and scenario analyses in response to international trends, regulatory policies, market developments, and internal emissions performance. This will help optimize carbon reduction strategies, enhance sensitivity to climate risks, and promote more forward-looking carbon reduction actions to achieve both carbon reduction goals and operational success.


2024 Results

  • SBT carbon reduction targets—“Reduce absolute Scope 1 and 2 GHG emissions 50.4% by 2032 from a 2021 base year, and reduce absolute Scope 3 GHG emissions 30% within the same timeframe”—were approved by SBTi.
  • GHG emissions (Scope 1 and 2) decreased by 51% compared to the 2021 baseline year, achieving the short-term target.
  • GHG emission intensity (Scope 1 and 2) decreased by 43% compared to the 2021 baseline year, achieving the short-term target.
  • Passed ISO 14064-1 GHG Inventory verification and ISO 50001 Energy Management System certification.
  • Internal carbon price set at NT$942 per metric ton of CO₂e, used to simulate the future impact of carbon costs on business operations and investment decisions.
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