Green Environment
Highlights
Highlights
To achieve the goal of sustainable management, an effective risk assessment system must be established to control risks in all aspects with countermeasures implemented to avoid potential threats and risks.
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REACH SVHC compliance
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Environment-friendly material research
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RoHS compliance
Climate Governance
CHR has been sticking to sustainable development. Starting in 2016, the functional Corporate Sustainability Committee (ESG Committee) established under the Chairman’s authorization has been dedicated to the promotion of corporate governance, green sustainability, social welfare and social care in order to realize sustainability and inclusion. The ESG Committee has also been authorized to assist in monitoring sustainable and climate change management actions related to the Company. Every implementation group under the ESG Committee shall report the progress and implementation performance of each activity to a managerial officer, and the management unit shall make a further report to the Board of Directors.
Climate Strategy
Based on the TCFD framework, CHR identifies “transition risks”, “physical risks” and “opportunities” respectively and discloses major short-, mid-, and long-term climate issues in accordance with the risk and opportunity assessment. In 2022, the members of the green and low-carbon operation team under the CSR promotion group were gathered to hold team discussions on 8 aspects: policy and regulation, technology, market, physical risks, resource efficiency, energy sources, products and services, and resilience. As a result, a total of 8 transition risks, 4 physical risks and 3 opportunities were identified. In accordance with the moderate risk and opportunity assessment mechanism in CHR’s internal control system, the green and low-carbon operation team uses the likelihood and degree of impact to assess the level of risks and opportunities. Based on the definitions for internal risk and opportunity assessment, risks and opportunities having 18 points (or above) shall be at moderate and high levels, for which the establishment of corresponding control, mitigation or transfer measures is required. After assessment, a total of 3 transition risks, 2 physical risks and 1 opportunity were identified.
Climate Risk Management
At the year-end strategy conference, CHR identifies relevant risks and opportunities through the “green and low carbon team” under the CSR promotion group by referencing IPCC research reports, the Climate Change Response Act, the content of relevant journals, open data from Taiwan Power Company and the Water Resources Agency under the Ministry of Economic Affairs, the internal audit unit’s working paper, and relevant recommendations from external audit units. In addition, the team cooperates with the Finance Department and implements a quantitative financial analysis to inspect the existing measures and establish complete countermeasures.
Climate Indicators and Goals
