Grounded in science, TCFHC aligns with international standards and leverages data and technology as accelerators to support its decision-making and operations, driving the climate transition.
Net-Zero Transition Pathway
TCFHC continues to disclose climate- and nature-related information in accordance with the four pillars of TCFD and TNFD: governance, strategy, risk management, and metrics & targets. Its interim carbon reduction targets have been approved by the SBTi. In addition, TCFHC has set a timeline to phase out coal by 2040 and will continue advancing toward its 2050 net-zero target through scientific approaches and resilient risk management.
From Low Carbon to Net Zero
Net-Zero Emissions from Financial Assets
From 2021, the Group has followed the PCAF guidelines to carry out a carbon inventory of its financial assets, covering long-term debts, power generation project financing, commercial mortgage-backed loans, and equity and bond investment portfolios. For long-term loans and equity and bond investments, we also analyze carbon emission intensity by industry to identify high-emission sectors as reference targets for strengthened engagement and transition supports. At the same time, we are studying ways to integrate and carbon emission factors into investment and financing decision-making processes to optimize overall climate risk management. Moving forward, the Group will refer to and evaluate the adoption of the SBTi and Taiwan’s net-zero pathway to support the decarbonization and net-zero transition of its investment and financing activities.