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2023 Handbook On Taiwan Companies Participating In International Carbon Reduction Initiatives

2024-03-27
2023 Handbook On Taiwan Companies Participating In International Carbon Reduction Initiatives(F).pdf

        In response to global low-carbon and green transformation trends, major brands around the world have responded by participating in international environmental initiatives. Some major initiatives include the Science Based Targets Initiative (SBTi) which require companies to evaluate their own carbon reduction mechanisms and goals through scientifically validated methods. Other initiatives include the RE100 in which participating companies commit to using 100% green electricity by 2050 at the latest, the EV 100 asks corporate fleets to transform to using electric vehicles, and the EP100 promotes corporate improvement of green productivity. Fueled by low-carbon environmental trends, the development of a green economy has become a global consensus.

        By July of 2023, more than 5,700 companies are taking action within the SBTi initiative, 3,199 companies are committed to reducing emissions with science based targets, and 2,271 companies have declared to achieve net zero emissions. Taiwan industries have also proactively partake in the trend, as of July of 2023, 109 Taiwanese companies have joined SBTi, and 28 companies have joined RE100. In order to assist Taiwanese enterprises to play a part within the Net Zero trade trend, the handbook gathers information on Taiwanese product exporters (see Table 1) that are currently participating in international carbon reduction initiatives such as SBTi, RE100, EV100, EP100, etc., to increase international presence within its respective industries, and to demonstrate that Taiwanese firms are proactively responding to international Net Zero emission trends.

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