Climate Change Data

CTCI Advanced Systems Inc.

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:Headquarters: 2604 tCO2e/year; Construction sites: 7243 tCO2e/year; Scope 3: 205 tCO2e/year
Renewable Energy Share:27% in 2023; Target 45% by 2025; Target 55% by 2027; Target 91% by 2032; Target 100% by 2050
Total Energy Consumption:Headquarters and construction sites: 10,004,247 KWh/year
Water Consumption:Headquarters: 16,439 m3/year; Construction sites: 17,551 m3/year
Waste Generated:Headquarters: 56.3 tons/year; Construction sites: 1,720,184 kg/year

ESG Focus Areas

  • Environmental
  • Social
  • Governance
  • Net Zero EPC

Environmental Achievements

  • Reduced GHG emissions at headquarters and construction sites (specific figures provided in the report)
  • Reduced water consumption at headquarters (specific figures provided in the report)
  • Green engineering saved 840 million kWh of electricity, equivalent to 2.47 days of Taiwan Power Company's total thermal power generation, or the annual electricity consumption of 208,787 households.
  • Cumulative CO2e reduction from green engineering equivalent to 30,051 Taipei's Daan Forest Park's annual carbon absorption amount.
  • Cumulative water saved from green engineering equivalent to 261 days of Taipei City's total water consumption.
  • Cumulative emission reduction of volatile organic substances from green engineering 24,933 metric tons.

Social Achievements

  • Launched CTCI Learning digital platform, offering hundreds of engineering courses to the public for free.
  • Organized the first "Taiwan Sustainability Engineering Forum."
  • CTCI Education Foundation (CTCI EF) planned 17 plans, 72 events, with 10,554 participants in sustainable education.
  • Recognized as "Best Companies to Work for in Asia 2021" by HR Asia.

Governance Achievements

  • Established a "Sustainability and Net Zero Emissions Committee" under the Board of Directors.
  • Set up an ESG office and a full-time chief sustainability officer.
  • Joined the "Taiwan Alliance for Net Zero Emission" and the "Taiwan Net Zero Emissions Association."

Climate Goals & Targets

Long-term Goals:
  • Set near- and long-term company-wide emission reductions target in line with science-based net-zero with the SBTi.
Medium-term Goals:
  • Achieve net-zero emissions from offices, service, and production sites by 2050.
Short-term Goals:
  • Achieve net-zero emissions from office areas by 2030.

Environmental Challenges

  • Supply chain disruptions due to the COVID-19 pandemic.
  • Global economic slowdown.
  • Climate change related risks (physical and transition risks).
Mitigation Strategies
  • Developed alternative sourcing strategies.
  • Implemented online supplier meetings.
  • Introduced TCFD framework for climate-related risk assessment.
  • Set net-zero emission targets for 2030 and 2050.
  • Invested in R&D for green energy and low-carbon technologies.
  • Developed an Intelligent EPC (iEPC) platform to improve efficiency and safety.

Supply Chain Management

Supplier Audits: 145 domestic and overseas suppliers responded to questionnaires in 2021; 9 suppliers in Taiwan underwent sampling audit in 2021

Responsible Procurement
  • CTCI Vendor Code of Conduct
  • Statement of Commitment to Corporate Sustainability
  • Supplier sustainability risk assessment
  • Supplier audits

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme rainfall or drought
  • Tropical hurricanes
Transition Risks
  • Regulatory changes restricting greenhouse gas emissions
  • Decreased demand for fossil fuel industry investment
Opportunities
  • Development of low-carbon products and services
  • Increased demand for green engineering projects

Reporting Standards

Frameworks Used: GRI Standards, SASB Standards, TCFD

Certifications: ISO 14001, ISO 45001, ISO 9001, CNS 15506, TOSHMS, CNS 45001

Third-party Assurance: Deloitte & Touche; SGS Taiwan Ltd.

Sustainable Products & Innovation

  • Net Zero EPC technologies
  • Energy-efficient products

Awards & Recognition

  • Listed in DJSI Emerging Markets
  • Silver Class in the S&P Global Sustainability Yearbook 2022
  • B-management level for Carbon Disclosure Project and A- leadership level for supply engagement
  • Top 10 Domestic Companies Sustainability Model Award
  • Excellence in Corporate Social Responsibility Award
  • Best Companies to Work for in Asia 2021

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:163.82 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:10.60 tCO2e/year
Scope 2 Emissions:153.22 tCO2e/year
Scope 3 Emissions:1101.68 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:309,533 kWh/year
Water Consumption:1.78 million liters/year
Waste Generated:Not disclosed
Carbon Intensity:0.10 tons CO2e/NT$ million revenue (2023)

ESG Focus Areas

  • Corporate Governance
  • Environmental Protection
  • Social Participation

Environmental Achievements

  • Achieved 17% reduction in office GHG emissions exceeding the 16.2% target compared to 2022.
  • Completed development of a greenhouse gas inventory module integrated with Mr. Energy.
  • Installed 40.92 kWp solar panels at the Group's second headquarters, reducing carbon emissions by 26.47 tons of CO2e.

Social Achievements

  • Consecutively ranked in the top 5% of corporate governance evaluations for 10 years.
  • Received several awards including the TCSA Corporate ESG Report Platinum Award and CSR Excellence Award.
  • Employee turnover rate reached a record low of 4.81%.

Governance Achievements

  • Consecutively ranked in the top 5% of corporate governance evaluations for 10 years.
  • Established an information security management system.
  • Implemented a comprehensive risk management framework.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero emissions in offices by 2030.
  • Achieve net-zero emissions in offices and production sites by 2050.
Medium-term Goals:
  • Reduce office GHG emissions by 40% by 2026 (compared to 2022).
  • Achieve 80% of projects utilizing at least one green project by 2026.
Short-term Goals:
  • Reduce office GHG emissions by 22% by 2024 (compared to 2022).
  • Develop at least 10 new suppliers and contractors per year.

Environmental Challenges

  • Competition for talent in the high-tech industry.
  • Potential risks from climate change (extreme temperatures, flooding, sea-level rise).
  • Compulsory reporting requirements for greenhouse gas emissions.
Mitigation Strategies
  • Developed multiple talent sourcing strategies (university collaborations, competitive salaries).
  • Implemented risk assessment and mitigation plans for climate-related risks (insurance, contingency planning).
  • Developed a greenhouse gas inventory module and engaged in third-party verification.

Supply Chain Management

Supplier Audits: 40 suppliers and subcontractors evaluated in 2023.

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainability risk surveys and audits
  • Improvement counseling

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme temperature changes
  • Rainfall pattern and distribution changes
  • Rise of sea level
Transition Risks
  • Compulsory reporting requirements
Opportunities
  • Entering new markets (renewable energy)
  • Developing new products and services (climate change solutions)
  • Expanding climate change-related services

Reporting Standards

Frameworks Used: GRI Standards 2021, SASB Standards, TCFD, UN Global Compact, UN SDGs, ISO 26000

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 14064-1:2018

Third-party Assurance: SGS Taiwan Limited (AA1000 AS v3), PwC (Financial Data)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 13 (Climate Action)

Initiatives contribute to these goals through energy efficiency improvements, sustainable infrastructure development, and GHG emission reductions.

Sustainable Products & Innovation

  • Mr. Energy energy management system
  • Greenhouse gas inventory module
  • AI-driven smart solutions

Awards & Recognition

  • TCSA Corporate ESG Report Platinum Award
  • TCSA Transparency and Integrity Leadership Award
  • TCSA Taiwan Top Hundred Corporate Sustainability Award
  • CSR Excellence in Corporate Social Responsibility Award
  • Public Construction Golden Safety Award