During 2024, Tah Hsin Industrial conducted a self-managed greenhouse gas (GHG) inventory for the 2023 reporting year. Upon completion of the inventory, the company commissioned SGS to carry out third-party verification and designated 2023 as the baseline year for emissions.
In late March 2025, SGS officially issued the GHG verification statement, confirming that Tah Hsin Industrial’s self-managed GHG inventory complied with the ISO 14064-1:2018 standard. The emissions for each category are as follows:
Direct Greenhouse Gas Emissions: 1,319.8937 metric tons of CO₂ equivalent
Indirect Greenhouse Gas Emissions: 3,439.3975 metric tons of CO₂ equivalent
Total Direct and Indirect Greenhouse Gas Emissions: 4,759.291 metric tons of CO₂ equivalent
Among the seven factories covered in this inventory, the Chung-Kan Branch and Myanmar Tah Hsin Plant accounted for 45.11% and 24.49% of the total emissions, respectively. The main reasons for this are the higher usage of large-scale production machinery and the operation of diesel generators to ensure stable power supply. To address these issues, Tah Hsin has already begun implementing corresponding measures, including: increasing the operational efficiency of large machines, optimizing production scheduling, and investing in solar energy and energy storage systems to reduce the significant GHG emissions caused by diesel generators.
Regarding the self-managed greenhouse gas (GHG) inventory for the 2024 reporting year, Tah Hsin Industrial commissioned Crowe (TW) CPAs to conduct third-party assurance. The company has already submitted relevant documents—including the consolidated emissions verification table, inventory checklist, and inventory report—for each facility to Crowe (TW) CPAs.
Based on the results of the 2024 self-managed GHG inventory, the total direct and indirect GHG emissions across Tah Hsin Industrial's facilities amounted to 4,634.514 metric tons of CO₂ equivalent, representing a 2.62% reduction compared to the baseline year. According to the Sustainable Development Roadmap Listed Companies proposed by the Financial Supervisory Commission (FSC), the company is originally required to complete individual entity greenhouse gas (GHG) inventory by 2026, consolidated inventory (including subsidiaries) by 2027, obtain assurance for the individual entity's inventory results by 2028, and assurance for the consolidated inventory by 2029.
However, in response to the accelerating impacts of climate change, we have chosen to take proactive steps ahead of schedule. Through our annual GHG inventory and verification/assurance processes, we continuously refine our procedures, address deficiencies, and embed GHG inventory practices into our routine operations.
