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2050 Net-zero Pathway for the Cement and Concrete Business Units Worldwide

TCC's Road Map to 2050 Net-zero Pathway for the Cement and Concrete Business Units Worldwide

TCC Group Holdings' 2050 net-zero pathway is based on the SBT 1.5°C methodology, ISO IWA 42 net-zero guidelines, and the IEA's Net Zero Pathway and 2024 Energy Outlook reports. Key carbon reduction solutions include Alternative Clinker, Alternative Raw Materials, Alternative Fuels, Power Generation by Waste Heat Recovery, Equipment & Process Enhancements, Renewable Energy, and Carbon Capture. To develop carbon sinks, forest and soil surveys began in 2023 to identify feasible net-zero carbon removal solutions.

Coverage

The net-zero pathway scope covers all operational sites in Taiwan, Mainland China, CIMPOR, and OYAK Cement

Methodology

TCC Global Cement & Concrete Net-Zero Pathway and Carbon Reduction Performance
TCC Group Holdings' 2050 net-zero pathway for its cement and concrete operations uses 2016 as the baseline year (~53 MT CO2e), targeting cumulative reductions of 51.72 MT CO2e by 2050 (estimated reduction mix: alternative raw materials/clinker 42%, alternative fuels/process improvements 35%, carbon capture 18%, renewable energy/waste-heat power/energy saving 5%), with residual emissions addressed through carbon sinks to reach net zero. The pathway aligns with the Paris Agreement 1.5°C scenario; in 2024, total emissions reductions reached 32% below the baseline, achieving 108% of target. The scope covers all operating sites in Taiwan, Mainland China, CIMPOR and OYAK Cement.

2024 Decarbonization Performance

Strategy

Emissions Reduced (tCO2e)

Contribution

Alternative Raw Materials / Alternative Clinker

9,510,000

56%

Alternative Fuels / Equipment & Process Enhancements

6,730,000

39%

Renewable Energy / Power Generation by Waste Heat Recovery / Power-saving

860,000

5%

Total

17,100,000

100%

Avoided Emissions of TCC Business Units Worldwide

Using global standards and international methodologies, the external carbon reduction capabilities of low-carbon construction materials, renewable energy, energy storage, and the battery industry are assessed, aiming to transform and enhance corporate value through increased influence.

Methodology

 

Low-carbon Construction Materials

 

 
Resource Recycling
 
Green Energy

Renewable Energy

Green Energy

Energy Storage

Green Energy

Battery

2024 Performance

-962,000


2030 Target

-1.69million

2024 Performance

-92,000


2030 Target

NA

2024 Performance

-65,000


2030 Target

-530,000

2024 Performance

-149,000


2030 Target

-160,000

2024 Performance

-3,399


2030 Target

-320,000

Avoided Emissions of TCC Business Units Worldwide in 2024 (Unit: metric ton CO2e)