Climate Governance
Climate Strategies and Risk Management
Goals and Targets
Green Carbon Reduction Action

Climate Governance

The latest “Global Risk Report” published by the World Economic Forum indicates that “failure of climate change actions” ,“extreme climate change”and “natural disasters and extreme weather events” are ranked the first to third of the Top-10 global risks in the next 10 years.Climate change has inevitably affected the daily life and economic activities of the human beings.As a corporate citizen, we continue improving the corporate resilience to overcome the challenges in the climate issues and build a low-carbon and sustainable homeland, striving for a low-carbon sustainable home.
We catch up with the tendency of carbon reduction in the world, refer to the “Task Force on Climate-related Financial Disclosures”(TCFD) published by the Financial Stability Board (FSB) as a framework for the management of climate change issues and the disclosure of related information.The following is the description of the management mechanism, countermeasures adopted and their implementation.

 

  1. Our company has established the Sustainability Committee as the highest governing organization for climate change management. Through bi-directional interaction between the management level and various departments, we ensure the implementation of climate governance and operational systems within the company. The Sustainability Department takes charge of understanding stakeholder requirements and trends related to climate issues, and regularly conducts climate risk assessment and management in collaboration with relevant departments.Meanwhile, strategies and goals are formulated, and actions taken are reported to senior management for approval and confirmation.
  2. The Sustainable Development Committee reports to the board of directors at least once a year on climate change-related risk management, action plans, and implementation results. The board members gain an understanding of the progress made in mitigating climate change and provide suggestions and feedback as appropriate.

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