Towards Net-Zero Emissions
In 2021, ASEH completed the validation of its near-term reduction targets, through the Science Based Targets initiative (SBTi) which included targets to achieve verification of a 35% absolute reduction in Scope 1 and Scope 2 emissions from the baseline year of 2016 to 2030; and a target of 15% absolute reduction from the baseline year of 2020 to 2030 for Scope 3 emissions. In response to global efforts to the 1.5°C pathway, ASEH revised its near-term targets and Net Zero 2050 targets, and submitted them to SBTi for review in 2023.
ASEH has established clear short-term, medium-term, and long-term carbon reduction targets; setting GHG limits for subsidiary companies and manufacturing facilities, and implementing internal carbon pricing in stages based on the operating characteristics of each subsidiary. Our approach helps to encourage greater action from the organization to reduce carbon emissions while boosting our resilience to external policy changes. During 2022, ASEH’s Kaohsiung and Shanghai sites successfully took the lead towards achieving the set targets, with plans to expand coverage by at least 80% by 2025. In addition, we take strategic action in 5 key areas namely; investing in carbon credits, expanding the use of renewable energy and low-carbon transportation, developing low-carbon products, and supply chain engagement. We are committed to continuously revise and update our targets, track and monitor the target progress.