Business Response Risks
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Business Response Risks
- As a scope 3 partner, Quanta is required to provide relevant countermeasures aligning with customers’ net-zero target. Failure to meet customer expectation could pose operational risks:
- Conduct greenhouse gas inventories in each site in accordance with ISO 14064 verification to determine actual carbon emission, which serves as the foundation for continuous improvement initiatives. Sites completed with ISO 14064 verifications includes Taiwan, Shanghai, Chongqing, Thailand, and Mexico. Verifications for other sites and subsidiaries of the Group are scheduled for completion by 2026.
- Sites located in Taiwan, Shanghai, and Chongqing have implemented ISO 50001 to improve the Company’s energy efficiency.
- Established and implemented annual plan to purchase green energy.
- Gradually promote the methodology of LCA (Life Cycle Assessment) to calculate hot spots of carbon emission in the production process as a reference to manage carbon emission.
- Established “Carbon Management Platform” to digitalize carbon management and to reduce possible human errors. Leverage clear presentation of carbon emission data as a key basis to promote carbon management.
