Due to the crisis of global warming and climate change, the Taiwanese government responded to international initiatives in 2022 by actively declaring a commitment to achieve net-zero emissions by 2050. In February 2023, they passed the Climate Change Response Act and established a carbon trading market in August of the same year. In 2024, carbon fees were imposed on domestic carbon-intensive industries and major carbon emitters to incentivize companies to reduce emissions. Particularly significant was the commencement in October 2023 of the European Union's Carbon Border Adjustment Mechanism (CBAM) transitional phase, which required the declaration of product carbon emissions-related information. Starting in 2026, CBAM certificates will be levied, impacting an estimated over one hundred thousand export supply chain companies across Taiwan.
GBC remains committed to sustainable practices and has consistently integrated Environmental, Social, and Corporate Governance (ESG) as a core principle in its corporate development. Understanding the challenges posed by global climate change, we firmly believe that companies should bear responsibility for environmental conservation. Therefore, we have initiated a voluntary carbon inventory program to assess and reduce our company's carbon emissions, contributing to sustainable environmental development.
The carbon inventory is the initial step toward achieving environmental sustainability. Its purpose is to comprehensively assess, monitor, and reduce the carbon emissions generated by the company's production processes. Through this initiative, we analyze the sources of carbon emissions in our operations, converting them into tangible data and proportions, and formulate carbon reduction targets and strategies accordingly.
Based on the assessment results from the carbon inventory, our strategies involve not only devising measures to reduce carbon emissions but also encompass enhancing energy efficiency, improving production methods, and collaborating with suppliers to promote green supply chain management. Additionally, we will continue to monitor carbon emissions, regularly disclose reports, and track emission reduction progress to ensure transparency and accountability.
To implement this plan, GBC places special emphasis on engaging and training employees. We encourage active participation in the carbon inventory program, aiming to raise awareness and consciousness of environmental protection among our workforce. Through training and educational programs, we aim to inspire our employees to play a personal role in realizing environmental conservation both at work and in their daily lives.
GBC firmly believes that practicing ESG principles is pivotal for achieving long-term sustainable operations. Our carbon inventory program signifies a significant commitment to environmental sustainability. We aspire not only to reduce carbon emissions but also to inspire our colleagues to prioritize sustainable practices.
GBC remains committed to sustainable practices and has consistently integrated Environmental, Social, and Corporate Governance (ESG) as a core principle in its corporate development. Understanding the challenges posed by global climate change, we firmly believe that companies should bear responsibility for environmental conservation. Therefore, we have initiated a voluntary carbon inventory program to assess and reduce our company's carbon emissions, contributing to sustainable environmental development.
The carbon inventory is the initial step toward achieving environmental sustainability. Its purpose is to comprehensively assess, monitor, and reduce the carbon emissions generated by the company's production processes. Through this initiative, we analyze the sources of carbon emissions in our operations, converting them into tangible data and proportions, and formulate carbon reduction targets and strategies accordingly.
Based on the assessment results from the carbon inventory, our strategies involve not only devising measures to reduce carbon emissions but also encompass enhancing energy efficiency, improving production methods, and collaborating with suppliers to promote green supply chain management. Additionally, we will continue to monitor carbon emissions, regularly disclose reports, and track emission reduction progress to ensure transparency and accountability.
To implement this plan, GBC places special emphasis on engaging and training employees. We encourage active participation in the carbon inventory program, aiming to raise awareness and consciousness of environmental protection among our workforce. Through training and educational programs, we aim to inspire our employees to play a personal role in realizing environmental conservation both at work and in their daily lives.
GBC firmly believes that practicing ESG principles is pivotal for achieving long-term sustainable operations. Our carbon inventory program signifies a significant commitment to environmental sustainability. We aspire not only to reduce carbon emissions but also to inspire our colleagues to prioritize sustainable practices.
){kind=link}