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Taiwan: GHG Emission
SBT carbon reduction path(scopes 1+2 emission intensity)
Since 2021, ACC has set science-based targets of carbon reduction with 2019 as the base year, and committed to reducing cementing materials emission intensity in Scope 1+2, including Taiwan Cement Corporation, by 8% by 2025. This achievement makes ACC the fourth cement company globally to complete carbon reduction target setting and actively respond to keeping the global temperature rise well-below 2°C. Furthermore, with reference to the SBTi net zero standard tool and the goal of 1.5°C global warming scenario, the emission intensity reduction by 26.4% in 2030 and 45.7% by 2035 was set to achieve net zero emissions by 2050.

Net Zero Strategy and Target Roadmap
ACC, referring the documents of the Global Cement and Concrete Association (GCCA) and the Science-Based Targets initiative (SBTi), has set its net-zero strategy and target roadmap based on its ambitious carbon reduction targets. In response to the emission characteristics of the cement industry, ACC has formulated carbon reduction strategies at different periods. In the initial stage, the focus is on adopting the best available technologies, such as promoting the circular economy to reduce clinker emission factors, producing low-carbon cement to decrease the clinker ratio in cement, reducing direct emissions, improving production energy efficiency to reduce indirect emissions, and continuously investing in the monitoring and development of innovative carbon reduction technologies. In the mid-term, these carbon reduction measures will be expanded, and new Supplementary Cementing Materials (SCMs) will be developed for use in low-carbon cement to achieve a more significant reduction in emissions per unit of cement. In the later stage, once the carbon reduction measures are mature and wellestablished, the Company will fully implement Carbon Capture and Utilization (CCU) technology to achieve the final step towards net zero.

GHG emissions from Asia Cement and subsidiaries

Asia Cement Scope 3 Emissions and Verification of Scope 3
Our company references ISO 14064-1:2018 to establish a procedure for identifying significant indirect greenhouse gas emissions. After evaluating factors such as anticipated use, emission proportion, impact, and data quality, we have identified significant indirect emissions as purchased goods, upstream fuels and energy, and operational waste generated during operations. In 2023, emissions for each category under Scope 3 are as follows, with a verification coverage rate of 100%.

Scope 3 Emission and Reduction

The amount and proportion of carbon reduction of Asia Cement and its subsidiaries
Target: The annual total carbon reduction is 38,900 tons of CO2e, equivalent to the volume of carbon absorbed by 100 Daan Forest Parks.

GHG discharged by Asia Cement (China)
Carbon Peak and Carbon Neutrality Targets
In alignment with China's "Carbon Peak and Carbon Neutrality" goals, Asia Cement (China) has set greenhouse gas reduction targets based on the 2019 baseline:
2025: Reduce cement carbon emission intensity by 5%
2030: Reduce cement carbon emission intensity by 8%
2035: Reduce cement carbon emission intensity by 9%

Scope 1 and Scope 2 Greenhouse Gas Emissions

Energy Saving and Carbon Reduction Performance
