Task Force on Climate-Related Financial Disclosures (TCFD)
Focus on 10 SDGs
The United Nations proposed 17 Sustainable Development Goals (SDGs) with 169 associated targets in 2015 to serve as a shared target for promoting sustainable development between 2016 and 2030.
Coretronic jointly formulates, promotes, and implements corresponding projects and strategies with the ESG committee, Environmental Protection Committee, Firefly Volunteer Team, and other relevant units. Furthermore, focusing on the 10 SDGs as the key direction for future sustainable projects and as the main content for sustainability disclosures.
Net Zero by 2050
2022
✔ Submitted a net-zero commitment letter to SBTi, committing to 1.5 °C-aligned targets
2023
✔ Set near-term emissions reduction and net-zero targets for all sites in accordance with SBTi criteria: a 50.4% reduction in absolute Scope 1 and 2 GHG emissions and a 30% reduction in absolute Scope 3 GHG emissions by 2032 from a 2021 base year
✔ Submitted science-based GHG emissions reduction targets to SBTi for review
2024
✔ The near-term science-based targets were approved by SBTi
Implemented TCFD framework in 2020
2020
✔ Added our signature to the TCFD official website to support the TCFD initiative and implemented the TCFD framework
2021
✔ First-time implementation of the climate change risks and opportunities identification impact analysis
2023
✔ Reassessed, updated risks and opportunities concerns, and preliminarily assessed financial impacts
✔ Formulated response strategies to mitigate the impacts of climate change about identified risks and opportunities
✔ Starting to issue the TCFD report annually
Carbon Disclosure Project (CDP)
Taiwan Alliance for Net Zero Emission (TANZE)
Taiwan Climate Partnership (TCP)
Participated in CDP since 2019 and became a Double “A” Leader in 2024
Coretronic has participated in CDP assessments since 2019 to review its environmental practices and performance and, in turn, assess potential climate risks and opportunities in the future in order to formulate response measures.
2024
✔ Climate Change Rating: A (Leadership Level)
✔ Water Security Rating: A (Leadership Level)
Awarded the “Net Zero Label” for 3 consecutive years
Coretronic follows the alliance’s goal of achieving net-zero emissions at office locations by 2030, and at production and service sites by 2050
2022~2023
✔ Awarded the “Green” Net Zero Label
2024年
✔ Awarded the “Silver” Net Zero Label
✔ 20% reduction in GHG emissions from production locations (base year: 2021)
✔ Achieving net-zero emissions at office locations by 2030
✔ Achieving net-zero emissions at all sites by 2050
Joined the TCP in 2022
Promote the integration of Taiwan's supply chain with the international community towards net zero and combine the strengths of alliance partners to collaborate with international climate advocacy organizations actively
Coretronic joined as one of the first members in 2022