Net-zero Initiative

Our targets for Scope 1 and 2 emissions reduction by 35% (compared to 2016) and Scope 3 emissions by 15% (compared to 2020) by the end of 2030 were submitted to and validated by the Science-Based Targets initiative (SBTi) in 2021. To reach Net Zero 2050, we submitted our long-term goals to SBTi for validation in 2023. In parallel, we will be introducing carbon pricing at our three major subsidiary groups together with five action plans—carbon credits, renewable energy, low-carbon logistics, low-carbon products, and supply chain engagement. We hope to extend our low-carbon transformation strategies to our value chain partners. In addition to establishing a supply chain mechanism for GHG emission and product carbon footprint inventories, and carbon reduction subsidies for our value chain partners, we are also combining efforts with customers to collectively procure renewable energy.