Climate Adaptation and Mitigation

Climate Adaptation and Mitigation

Climate change has significantly affected the living environment of all the organisms. More people are concerned about the carbon management issues as the domestic regulations on the reduction of greenhouse gases and the international Paris Agreement have become effective. Qisda has planned climate strategies and implemented carbon management with the sustainable development of the Company as the core.

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Governance

• The board of directors reviews and guides climate change strategies, action plans and annual goals, and the sustainable director is appointed to be responsible for drafting, planning and promoting.
• Perform climate change risk detection and response in the Risk Management and Corporate Sustainability Management Committee on a quarterly basis, and regularly report to the Board of Directors every year.

 

Strategy

• Green Product ：Qisda reviews the carbon emissions of the products and the opportunity of reduction from the viewpoint of the life cycle.
• Green Operation：Inventory the organization's GHG emissions, and establish a green operating system with the energy management system and sustainable KPI management system.
• Green Supply Chain：Improve supply chain greening performance in three stages of cognition, promotion and sustainability.

 

Metrics and Targets

• Tracking the inventory of GHG
• Tracking CDP score
• The management of product carbon footprint
• Passed the SBT target review in February 2024.
• In the future, we will engage with the value chain to march towards RE100 and achieve our net-zero emission goals.

 

Risk Management

• Integrate climate risks into the enterprise risk management (ERM) processes.
• In 2023, we followed up on two major risks: production interruption in factories and the supply interruption of suppliers.We also established response strategies such as the Business Continuity Plans (BCP).