Taiwan Sustainable Taxonomy
In 2024, the ordinary economic activities applicable to the Taxonomy for Taiwan Cement included 'Cement', 'Waste Management', 'freight truck transportation', and 'highway transport and public transportation infrastructure'. Supportive economic activities included 'renewable energy generation, facilities, and related accessories', 'infrastructure supporting low-carbon water transport', 'Energy storage facilities and related components' and 'installation of equipment or systems, technology development, and professional services related to water conservation, water resource recycling, or the development of alternative water sources' . TCC's assessment of the aforementioned key economic activities yielded the following results:
Primary Economic Activities (Operating Revenue)
Steps | Economic Activity | ||||||||
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Economic Activity Category | Cement | Waste Management | Freight truck transportation | Highway transport and public transportation infrastructure | Renewable energy generation, facilities, and related accessories | Infrastructure supporting low-carbon water transport | Energy storage facilities and related components | Installation of equipment or systems, technology development, and professional services related to water conservation, water resource recycling, or the development of alternative water sources | Other |
| 2024 Operating revenue and its proportion of Total Operating Revenue Unit: NT$1,000 (%) | 80,583,941 (52.12%) | 466,509 (0.30%) | 396,612 (0.26%) | 2,180,732 (1.41%) | 655,351 (0.42%) | 28,236 (0.02%) | 12,617,303 (8.16%) | 0 | 57,677,827 (37.31%) |
| Whether "Ordinary economic activities " and "Supportive economic activities" under this guideline are applicable. | Ordinary economic activities | Ordinary economic activities | Ordinary economic activities | Ordinary economic activities | Supportive economic activities | Supportive economic activities | Supportive economic activities | Supportive economic activities | Not eligible |
| Determine whether the activities are a sustainable economic activity based on the following criteria. | |||||||||
| Criterion 1: Compliance with the technical screening criterion of "making substantial contributions to mitigating climate change" | YES | YES | YES | YES |
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| Qualified Items | Climate change mitigation | Transition to a circular economy | Climate change mitigation & | Climate change mitigation & Transition to a circular economy |
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| Criterion 2: whether the activity "does no significant harm to the other six environmental objectives" | YES | YES | NO | YES | YES | YES | YES | YES |
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| Unqualified Items |
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| Climate change mitigation |
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| Criterion 3: Compliance with the criterion of "not causing significant harm to social Security” | YES | YES | YES | YES | YES | YES | YES | YES |
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| Is there any transition plan? |
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| In Planning |
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| Results: Compliance of individual economic activities with this guidance and their level of sustainability. | YES | YES | NO | YES | YES | YES | YES | YES | Not eligible |
Note: As the EU CSRD has not yet been fully implemented, the disclosure of sustainable revenue is currently aligned with the regulations applicable to the location of the operational headquarters, namely the “Taiwan Sustainable Taxonomy.”
2021 | 2022 | 2023 | |
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| Revenue in compliance with the Taiwan Sustainable Taxonomy (NTD thousands) | 93,233,000 | 69,460,604 | 55,110,910 |
| Ordinary economic activities in compliance with the Taiwan Sustainable Taxonomy | Manufacturing of cement clinker | Cement Waste Management Highway transport and public transportation infrastructure | Manufacturing of cement clinker Products/services supporting low-carbon highway transport and public transportation infrastructure |
| Supportive economic activities in compliance with the Taiwan Sustainable Taxonomy | Renewable energy installation Research and development and system installation of smart grids and energy storage technologies | Renewable energy generation, facilities, and related accessories Infrastructure supporting low-carbon water transport | Renewable energy installation Research and development and system installation of smart grids and energy storage technologies Other applications related to low-carbon and circular economy technologies |