GHG Management


Net Zero by 2050

“That is the path we must succeed for the 30 years to come, the path of the carbon revolution!” ~ Chairman, Nelson An-ping Chang

In 2024, TCC Group Holdings will adhere to the 1.5°C pathway in accordance with the COP26 Climate Summit resolutions, setting science-based carbon reduction targets (SBTs) for 2030, and committing to achieving net zero by 2050.
SBTi


TCC 10 Decarbonization & Green Transition Strategies
TCC Decarbonization & Green Transition Strategy:Alternative raw materials, Alternative fuels, Alternative clinker*, Equipment & Process enhancements, Power genration by waste heat recovery, Renewable energy, Energy storage, Power cells, Carbon Capture, Carbon sink
* New materials

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


Coverage
TCC Headquarters (including Low-carbon R&D Center)
Cement Plants in Taiwan, Mainland China, Turkey, and Portugal
RMC Plants in Taiwan, Turley, and Portugal

Methodology
SBTi’s Sectoral Decarbonisation Approach (SDA) for the cement sector’s 1.5°C-aligned and net-zero SBTs
ISO Net Zero Guidelines (IWA 42); ISO 14064-1
MIT En-ROADS net-zero simulator’s open-source formulas
International Energy Agency (IEA) Global Energy and Climate Model (GEC Model) logic and NZE Scenario parameters

Carbon reduction percentage. 1.Alternative clinker、Alternative raw materials 42%。2.Alternative fuels、Equipment & Process enhancements 35%。3.Equipment & Process enhancements、 Power genration by waste heat recovery 5%。4.Carbon Capture 18%
TCC Group Holdings Global Cement & Concrete Business Net-zero Pathway Implementation Steps
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
WBCSD’s Guidance on Avoided Emissions
WRI’s methodology for product carbon reduction impact quantification
European Union Innovation Fund’s Methodology for GHG Emission Avoidance Calculation

TCC Products & Services
Estimated proportion of external carbon reduction impact by 2030
Estimated proportion of external carbon reduction impact of TCC Products & Services by 2030:Cement Business Units and Low-carbon Construction Materials:Energy Business Units=63%:37%

2023 Performance 2030 Target
Low-carbon Construction Materials
Assist construction industry
-1.09 million tons
-1.69 million tons
Renewable energy
Assist energy sector
-60,000 tons
-530,000 tons
Energy Storage
Stabilize grid
-75,000 tons
-160,000 tons
Battery
Assist power tool customers
-23,000 tons
Assist the aviation industry
-320,000 tons
UNIT:CO2e

ISO 14064 GHG Emissions Inventories and Intensity

100% cement plants in Taiwan & Mainland China, RMC plants, and Operation Headquarters obtained third-party ISO 14064-1 certification
ISO 14064
Taiwan & Mainland China (weighted average)
Carbon emission intensity-cement in Taiwan & Mainland China (weighted average) in 2022 is 0.707 tCO2e/metric tons of cementitious materials. Carbon emission intensity-cement in Taiwan & Mainland China (weighted average) in 2023 is 0.690 tCO2e/metric tons of cementitious materials. Carbon emission intensity-cement in Taiwan & Mainland China (weighted average) has a 8.1% decrease in 2023 compared to 2022

2019 2020 2021 2022 2023
GHG emissions (kt) 33,945.8 33,662.7 29,244.0 24,020.2 20,530.1
Cementitious materials production (Mt) 45.8 45.8 40.3 33.8 31.2
GHG emissions per Cementitious materials production (kg/t cementitious materials) 740 733 724 709 686
Coverage: More than 80% of production

MAINLAND CHINA
Carbon emission intensity-cement in Mainland China in 2019 is 0.728 tCO2e/metric tons of cementitious materials. Carbon emission intensity-cement in Mainland China in 2020 is 0.723 tCO2e/metric tons of cementitious materials. Carbon emission intensity-cement in Mainland China in 2021 is 0.709 tCO2e/metric tons of cementitious materials. Carbon emission intensity-cement in Mainland China in 2022 is 0.690 tCO2e/metric tons of cementitious materials. Carbon emission intensity-cement in Mainland China in 2023 is 0.677 tCO2e/metric tons of cementitious materials
Carbon emission intensity-cement clinker in Mainland China in 2019 is 0.871 tCO2e/metric ton of clinker. Carbon emission intensity-cement clinker in Mainland China in 2020 is 0.859 tCO2e/metric ton of clinker. Carbon emission intensity-cement clinker in Mainland China in 2021 is 0.852 tCO2e/metric ton of clinker. Carbon emission intensity-cement clinker in Mainland China in 2022 is 0.841 tCO2e/metric ton of clinker. Carbon emission intensity-cement clinker in Mainland China in 2023 is 0.838 tCO2e/metric ton of clinker

TAIWAN
Carbon emission intensity-cement in Taiwan in 2019 is 0.814 tCO2e/metric tons of cementitious materials. Carbon emission intensity-cement in Taiwan in 2020 is 0.813 tCO2e/metric tons of cementitious materials. Carbon emission intensity-cement in Taiwan in 2021 is 0.806 tCO2e/metric tons of cementitious materials. Carbon emission intensity-cement in Taiwan in 2022 is 0.803 tCO2e/metric tons of cementitious materials. Carbon emission intensity-cement in Taiwan in 2023 is 0.769 tCO2e/metric tons of cementitious materials
Carbon emission intensity-cement clinker in Taiwan in 2019 is 0.857 tCO2e/metric ton of clinker. Carbon emission intensity-cement clinker in Taiwan in 2020 is 0.857 tCO2e/metric ton of clinker. Carbon emission intensity-cement clinker in Taiwan in 2021 is 0.855 tCO2e/metric ton of clinker. Carbon emission intensity-cement clinker in Taiwan in 2022 is 0.857 tCO2e/metric ton of clinker. Carbon emission intensity-cement clinker in Taiwan in 2023 is 0.828 tCO2e/metric ton of clinker
Carbon emission intensity-concrete in Taiwan in 2021 is 271.05 kg CO2e/m3. Carbon emission intensity-concrete in Taiwan in 2022 is 275.53 kg CO2e/m3. Carbon emission intensity-concrete in Taiwan in 2023 is 247.93 kg CO2e/m3


TAIWAN + MAINLAND CHINA
GHG Emissions |Unit: metric ton of CO2e
Item 2016 (Base year) 2020 2021 2022 2023
Cement Plant
Scope 1 + 2 Taiwan 4,371,170 4,411,086 4,797,296 4,312,390 3,644,483
Mainland China 32,523,195 32,513,515 26,962,075 21,561,879 17,980,304
Total 37,144,507 37,126,913 31,971,778 26,084,542 21,624,787
Scope 3 Taiwan - 22,427 28,761 16,709 Expected to be disclosed after the completion of ISO 14064-1 certification in July 2024
Mainland China - - - - Expected to be disclosed after the completion of GHG emission inventory in July 2024
Total - 22,427 28,761 16,709 Expected to be disclosed in July 2024
RMC Plant
Scope 1 + 2 Taiwan - 9,160 8,383 8,347 7,798
Scope 3 - - - 181,053 Expected to be disclosed after the completion of ISO 14064-1 certification in July 2024
Distribution Station
Scope 1 + 2 Taiwan & Mainland China - - - - 1,455
Operation Office
Scope 1 + 2 Taiwan - 1,339 1,251 1,782 1,684
Mainland China - - - - 130
Total - - 1,339 1,251 1,814
Scope 3 Taiwan - - - 719 Expected to be disclosed after the completion of ISO 14064-1 certification in July 2024

Internal Carbon Pricing & Carbon Trading Platform

Management Approaches
Daily: AI Carbon Reduction Management Platform real-time data, warnings for achievement situation; Monthly: Reports on executives' management meetings; Annually: Tied with performance bonus
In 2021, based on the SBT commitment, the "Alternative Raw (Fuel) Material Indicator Assessment Method" was established, and each plant set carbon reduction assessment indicators according to the actual situation
TCC set an internal carbon price of NT$300/ton-CO2e in Taiwan, based on LSE’s guidelines, and RMB101/ton-CO2e in Mainland China, in anticipation of the cement industry’s inclusion in carbon trading. This pricing aids in assessing the impact on capital investments and operations
Internal Carbon Trading: In 2024, TCC introduced an internal carbon trading platform, inspired by Guangdong Pilot ETS and EU ETS, to help plants control emission intensity and align product sales. Year-end carbon allowance settlements will influence performance appraisals

Performance
Taiwan: Carbon reduction achieved a 100% execution rate in 2023. Carbon emission intensity (tCO2e/metric ton of cementitious materials) achievement rate is 100%
Mainland China: Carbon reduction achieved a 100% execution rate in 2023. Carbon emission intensity (tCO2e/metric ton of cementitious materials) achievement rate is 99.5%
Taiwan & Mainland China (weight average): Carbon emission intensity (tCO2e/metric ton of cementitious materials) achievement rate 99.13%

New Generation Pure Oxygen Combustion Technology

  • TCC has been working with ITRI since 2011 to develop first- and second-generation calcium-looping carbon capture research and test, which is verified and with a solid basis of practical experience
  • In 2024, TCC and Germany's thyssenkrupp Polysius (tkPOL) cooperate to develop third-generation pure oxygen combustion technology together at Hualien Hoping Plant. Adding oxygen to cement calcination will capture over 90% of CO2, reducing energy needs

Please visit TCC Lastest News for more detail.

Performance
  • Since 2011, a total of NT$189 million has been invested in carbon capture research and development
  • Calcium-looping carbon capture technology: Global R&D 100 Award
    The Oscars of Invention – The Chicago Tribune
  • Negative Carbon Astaxanthin: 2016 National Innovation Award, 2020-2021 National Innovation Excelsior Award

Target
  • Cumulative investment of NT$1.3 billion in 2025
  • 100,000 metric tons captured per year in 2030
  • 1,600,000 metric tons captured per year in 2050