Climate Change Management
TSC’s first climate-related financial disclosure report is scheduled to be completed in 2023. We also plan to sign the Statement of Support to become one of TCFD Supporters to make contributions to the mitigation of global warming.
Overview of Taiwan Sugar Corporation Climate Change Management
Governance:
- The board is responsible for governance of climate change issues
- Capacity of the board for governing climate change issues
- Climate change issue representative at the board level
Indicators and targets:
- Science Based Targets(SBT)
- Greenhouse gas emission targets
Risk management:
- Process for managing climate-related risks and opportunities
- Process for Identifying and Assessing Climate-Related Risks and Opportunities
Strategies:
- Application of climate-related scenarios
- Results of climate-related risks and opportunities identification
- Assessment of climate-related significant risks and strategies
- Assessment of climate-related significant opportunities and strategies
- Assessment of climate-related significant risks, opportunities, and strategies
- Plan of 1.5 ℃ low carbon transition
Identification and Management of Climate-Related Risks and Opportunities
The Department of Planning holds the climate change risk and opportunity identification and assessment meeting and identifies as well as assesses the climate-related risk matrix for the identification of the risk level in accordance with the Guidelines for Risk Assessment and Management and carries out the management process for the identified high risks and opportunities. The president is in charge of the review and supervision of the risk management status as well as taking the ultimate responsibility for risk management.