CTCI Corp

As the largest turnkey engineering group in Taiwan with ranking among the world's top 100, CTCI established a \"Sustainability and Net Zero Emissions Committee\" under the Board of Directors in early 2021. At the same time, it set up an ESG office and a full-time chief sustainability officer to coordinate the group's operations related to sustainability and net zero emission target and strive to achieve various goals. In the past year, in addition to actively promoting \"net zero EPC,\" we put forward feasible schemes for energy conservation, carbon reduction and carbon neutralization services for all stages of EPC turnkey plant construction, so as to help customers move towards the goal of net zero emission. We also joined the \"Taiwan Alliance for Net Zero Emission\" and the \"Taiwan Net Zero Emissions Association,\" pledging to achieve zero carbon emissions for office premises by 2030 and zero carbon emissions for office and project sites by 2050.\n\nIn the process of developing business globally, we fully acknowledge the correlation and impact between the development of the engineering industry and climate change, therefore we continue to identify business risks and opportunities through Task Force on Climate-related Financial Disclosures (TCFD), and actively invest in the development of green energy and low-carbon business sector by increasing its percentage of sales revenue of our total revenue. Under the national energy transformation policy of reducing coal-fired power generation, increasing natural gas and promoting green energy, the amount of low-carbon and environmental protection related projects contracted to CTCI increased by 450% from 2015 to 2021, becoming an important driving force for business growth.

Immediate Sustainability Responsible for the formulation of overall and long-term sustainability and net zero strategies. ESG Task Force has set up Chairman & Net Zero three groups, namely the Social Participation Group, the Environmental Protection Group, and the Operation & Governance Office Group. It makes overall planning on the control and accountability of five major fields: policy, system, engagement, disclosure, and progress. It keeps track of the progress and effectiveness through Group meetings, and reports them annually to the Board of Directors.

As the largest turnkey engineering group in Taiwan with ranking among the world's top 100, CTCI established a "Sustainability and Net Zero Emissions Committee" under the Board of Directors in early 2021. At the same time, it set up an ESG office and a full-time chief sustainability officer to coordinate the group's operations related to sustainability and net zero emission target and strive to achieve various goals. In the past year, in addition to actively promoting "net zero EPC," we put forward feasible schemes for energy conservation, carbon reduction and carbon neutralization services for all stages of EPC turnkey plant construction, so as to help customers move towards the goal of net zero emission. We also joined the "Taiwan Alliance for Net Zero Emission" and the "Taiwan Net Zero Emissions Association," pledging to achieve zero carbon emissions for office premises by 2030 and zero carbon emissions for office and project sites by 2050.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]We set up a group-level ESG & Net Zero office and appointed a dedicated CSO, responsible for 1) formulating strategies, planning actions, pursuing affairs on sustainable development and Net Zero emission; 2) jointly promoting environment protection, social participation and corporate governance with ESG & Net Zero task force; 3) making overall planning on the control and accountability of five major fields: policy, system, engagement, disclosure, and progress; 4) tracking and reviewing the progress and effectiveness of sustainable development and Net Zero emission; 5) reporting to the monthly group ESG & Net Zero meeting under the supervision of the President; and 6) reporting to the Group Chairman for ongoing tracking and improvement.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes