staging

Environment

Climate Change

Climate change-related governance

The Board of Directors is the highest governing body for Ability's climate change governance and is responsible for overseeing the management strategies developed by the ESG Development Committee. A Green Sustainability Promotion team is established under the ESG Development Committee to assume the responsibility of improving environmental management performance, low-carbon product development, and environmental risk control. The team also regularly carries out investigations and analysis of climate-related risks and opportunities to ensure the effective execution of the management strategies.

 

Climate change-related risk identification and management procedures

The Green Sustainability Promotion team is responsible for collecting domestic/foreign climate change trends and regulatory changes, performing climate-related risks and opportunities within the industry, compiling a list of climate-related risk and opportunity topics, submitting it to the ESG Development Committee, and subsequently formulating management strategies and the climate risk management report based on risk/opportunity as identified. The chairperson of the team shall report to the Board. According to the climate risk management report, the Green Sustainability Promotion team shall commence the execution plan and reports to the ESG Development Committee with regular updates

 

Process responsible person
Input
Process description
Output
ESG Development Committee
Green Sustainability
Promotion team
Industry trends and analysis
Risk identification:Assess risk sources and risk items
 
Climate risk/opportunity topic
ESG Development Committee
Green Sustainability
Promotion team
Current status investigation
for organizational operations
Risk assessment:Assess the level of risk of risk items
 
Results of climate risk/ opportunity
ESG Development Committee
Promoting member
Risk identification and level
Check the risk report:Formulate strategic reports for items of high risk as identified
 
Risk management report
ESG Development Committee
Committee Chairperson
 
Risk management report:submission and disclosure:
Submit to the Board
 
Minutes of Board meetings
ESG Development Committee
Green Sustainability
Promotion team
 
Risk response:High-risk item relief project implementation and follow-up
Implementation records of plans

 

Net zero emissions target

Ability has established its carbon dioxide reduction route, committed to reducing self-produced and product GHG emissions and regularly reports the implementation achievements and the target achieving progress to the ESG Development Committee via the Green Sustainability Promotion team to ensure the sustainable development plan is being implemented.

 

Analysis
(2021 to 2023)
 
Step 1.
Emissions inventory and climate risk assessment

Grasp self-carbon dioxide reduction and relevant climate-
related risk factors
· GHG inventory
· TCFD risk and opportunity identification and strategy
formulation.

Step 2.
Hot spot identification and carbon dioxide sorting

Set out the most significant /crucial emission sources and sort
the carbon dioxide reduction sequence
· GHG inventory
· TCFD risk and opportunity identification and strategy
formulation.

Planning
(2024)
 
Step 3.
Set net zero targets

Establish the scope,route,schedule,and targets
· SBT
· Net zero route selection

Step 4.
Formulate net zero strategies

Formulate net zero strategies
· Net zero route planning
· Net zero strategy selection

Execution(2025 to 2026)
 
Step 5.
Implement carbon dioxide reduction work

Substantial execution and development of relevant carbon
dioxide reduction plans
· Evaluation of renewable energy
· Energy efficiency improvement measures
· Low-carbon raw materials and procedures
· Net zero promotion with suppliers

Step 6.
Continue tracking and updating

Regular monitoring and measurement
· Net zero effects and progress management
· Strategy adjustment and modification

 

 

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