Taipei 101, the world’s tallest office building and tallest “green” skyscraper, launched the nation’s first “green” lease initiative yesterday in a bid to get its biggest tenants to commit to environmental protection.
Taipei 101 was recognized earlier this year by the Leadership in Energy and Environmental Design, a globally recognized green building ranking system of the US Green Building Council (USGBC).
Its management said it hopes to encourage cooperation with its tenants in environmental efforts.
As part of these efforts, a “green” lease was signed with the building’s largest tenant, KPMG, the local affiliate of KPMG International Cooperative.
Under the terms of the 10-year lease, KPMG will use various methods to reduce its carbon dioxide emissions, electricity, waste and water use, although it is under no obligation to actually do so.
The company has been asked to collect rainwater to water its office plants, to sort kitchen waste and to request cleaning contractors use environmentally friendly cleansing products.
“Before, it was mainly a one-way effort,” said Cathy Yang (楊文琪), vice president of Taipei Financial Center Corp (台北金融大樓公司), which owns the building.
“Now we want participation from our tenants to make the green operation of Taipei 101 sustainable,” she said.
However, Yang admitted that the lease — designed by the corporation with reference to USGBC guidelines — falls short of setting measurable goals and is not legally binding.
“We are not going to kick out our tenants because they fail to cut down their waste,” Yang said.
Taipei Financial Center Corp sees the “green” lease as a tool for raising “corporate social responsibility,” she said, adding that it hopes to sign more such leases.
A proposed 100 percent tariff on chip imports announced by US President Donald Trump could shift more of Taiwan’s semiconductor production overseas, a Taiwan Institute of Economic Research (TIER) researcher said yesterday. Trump’s tariff policy will accelerate the global semiconductor industry’s pace to establish roots in the US, leading to higher supply chain costs and ultimately raising prices of consumer electronics and creating uncertainty for future market demand, Arisa Liu (劉佩真) at the institute’s Taiwan Industry Economics Database said in a telephone interview. Trump’s move signals his intention to "restore the glory of the US semiconductor industry," Liu noted, saying that
On Ireland’s blustery western seaboard, researchers are gleefully flying giant kites — not for fun, but in the hope of generating renewable electricity and sparking a “revolution” in wind energy. “We use a kite to capture the wind and a generator at the bottom of it that captures the power,” said Padraic Doherty of Kitepower, the Dutch firm behind the venture. At its test site in operation since September 2023 near the small town of Bangor Erris, the team transports the vast 60-square-meter kite from a hangar across the lunar-like bogland to a generator. The kite is then attached by a
Foxconn Technology Co (鴻準精密), a metal casing supplier owned by Hon Hai Precision Industry Co (鴻海精密), yesterday announced plans to invest US$1 billion in the US over the next decade as part of its business transformation strategy. The Apple Inc supplier said in a statement that its board approved the investment on Thursday, as part of a transformation strategy focused on precision mold development, smart manufacturing, robotics and advanced automation. The strategy would have a strong emphasis on artificial intelligence (AI), the company added. The company said it aims to build a flexible, intelligent production ecosystem to boost competitiveness and sustainability. Foxconn
STILL UNCLEAR: Several aspects of the policy still need to be clarified, such as whether the exemptions would expand to related products, PwC Taiwan warned The TAIEX surged yesterday, led by gains in Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), after US President Donald Trump announced a sweeping 100 percent tariff on imported semiconductors — while exempting companies operating or building plants in the US, which includes TSMC. The benchmark index jumped 556.41 points, or 2.37 percent, to close at 24,003.77, breaching the 24,000-point level and hitting its highest close this year, Taiwan Stock Exchange (TWSE) data showed. TSMC rose NT$55, or 4.89 percent, to close at a record NT$1,180, as the company is already investing heavily in a multibillion-dollar plant in Arizona that led investors to assume