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According to the “2023 Global Climate Report” released by the U.S. National Oceanic and Atmospheric Administration (NOAA), 2023 became the hottest year on record, surpassing the previous record set in 2016. The increase in greenhouse gas concentration is an important factor contributing to global warming. The impact of climate change is multifaceted and far-reaching. It not only leads to resource shortages in the economic aspect and health risks in the social aspect but also increases the frequency of extreme climates in the environmental aspect. Consequently, achieving net-zero carbon emissions has become an urgent issue.
Within ESG sustainable development trends, by monitoring domestic and international climate change trends and environmental protection policies, CMC adjusts various sustainable development management structures and clarifies the organization’s goals for sustainable development. CMC provides employees with risk management-related training courses, encourages their participation in various risk management plans, and improves their overall risk management awareness and ability. CMC also identifies external risks, such as market changes, regulatory changes, and climate changes, establishes a transparent reporting mechanism, and regularly reports the risk management status to the management to jointly address risk challenges.
In 2024, CMC obtained the assurance on the greenhouse gas inventory conducted according to the GHG Protocol. Starting in 2024, all subsidiaries of the CMC Group will also conduct greenhouse gas inventories. The process of greenhouse gas inventory and assurance helps the CMC Group gain more awareness and understanding of environmental protection initiatives. We will remain committed to our mission of energy conservation and carbon reduction to minimize the impact of economic development on the environment. Additionally, with a business culture that prioritizes focus and flexibility, we embrace the challenges posed by various risks at any time and strive toward innovation and sustainability.
Chairman
Ming-Sen Wong