Many Taiwanese companies are planning to cut carbon emissions and develop new climate-friendly products or processes, spurred by supply chain pressure and the government’s goal of net zero emissions by 2050, consultancy firm PwC Taiwan said yesterday.
Seventy-two percent of local firms are planning to reduce carbon emissions, while 60 percent are developing related products and processes to achieve the aim, PwC Taiwan chairman Joseph Chou (周建宏) told a news conference in Taipei, citing a survey of Taiwanese business leaders.
The pursuit of net zero emissions is not only an issue of social responsibility, but plays a pivotal role in attracting funds and securing corporate sustainability, as global investors increasingly believe that companies should make “response to climate change” a priority, Chou said.
PwC Taiwan has created a task force to provide total solutions — including digital carbon tools, renewable energy procurement strategies, sustainable real-estate properties, improvements in the energy efficiency of buildings, energy-saving diagnoses, green technology innovation and green finance — to help companies achieve the net zero goal.
The consultancy has developed a carbon calculator to help small and medium-sized enterprises track their carbon footprint through a digital information platform and consultative guidance to carry out carbon management, it said.
It has also created an “emissions tracker” platform that complies with international standards, provides a safe database, and automatically collects data and organizes them through system uploads, it said.
Renewable energy is important for the pursuit of sustainability and emissions goals, and green power trading has been in place in Taiwan since 2020, allowing companies to purchase green power from suppliers on their own, it said.
PwC Taiwan has developed a green power procurement dashboard to assist enterprises in purchasing energy from renewable sources, evaluating options in line with their seasonal needs, and drafting a reasonable green energy purchase schedule to save costs and mitigate the impact of emissions, it added.
Green buildings and corporate site selection are also keys to corporate sustainability, energy saving and carbon reduction on a daily basis, the firm said.
PwC Taiwan offers to help clients choose green office buildings, decorate office spaces, obtain green-building certification, conserve energy and lower carbon emissions.
Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Monday introduced the company’s latest supercomputer platform, featuring six new chips made by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), saying that it is now “in full production.” “If Vera Rubin is going to be in time for this year, it must be in production by now, and so, today I can tell you that Vera Rubin is in full production,” Huang said during his keynote speech at CES in Las Vegas. The rollout of six concurrent chips for Vera Rubin — the company’s next-generation artificial intelligence (AI) computing platform — marks a strategic
Enhanced tax credits that have helped reduce the cost of health insurance for the vast majority of US Affordable Care Act enrollees expired on Jan.1, cementing higher health costs for millions of Americans at the start of the new year. Democrats forced a 43-day US government shutdown over the issue. Moderate Republicans called for a solution to save their political aspirations this year. US President Donald Trump floated a way out, only to back off after conservative backlash. In the end, no one’s efforts were enough to save the subsidies before their expiration date. A US House of Representatives vote
REVENUE PERFORMANCE: Cloud and network products, and electronic components saw strong increases, while smart consumer electronics and computing products fell Hon Hai Precision Industry Co (鴻海精密) yesterday posted 26.51 percent quarterly growth in revenue for last quarter to NT$2.6 trillion (US$82.44 billion), the strongest on record for the period and above expectations, but the company forecast a slight revenue dip this quarter due to seasonal factors. On an annual basis, revenue last quarter grew 22.07 percent, the company said. Analysts on average estimated about NT$2.4 trillion increase. Hon Hai, which assembles servers for Nvidia Corp and iPhones for Apple Inc, is expanding its capacity in the US, adding artificial intelligence (AI) server production in Wisconsin and Texas, where it operates established campuses. This
US President Donald Trump on Friday blocked US photonics firm HieFo Corp’s US$3 million acquisition of assets in New Jersey-based aerospace and defense specialist Emcore Corp, citing national security and China-related concerns. In an order released by the White House, Trump said HieFo was “controlled by a citizen of the People’s Republic of China” and that its 2024 acquisition of Emcore’s businesses led the US president to believe that it might “take action that threatens to impair the national security of the United States.” The order did not name the person or detail Trump’s concerns. “The Transaction is hereby prohibited,”
RSS