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Climate Change
Climate change-related governance
The Board of Directors is the highest governing body for Ability's climate change governance and is responsible for overseeing the management strategies developed by the ESG Development Committee. A Green Sustainability Promotion team is established under the ESG Development Committee to assume the responsibility of improving environmental management performance, low-carbon product development, and environmental risk control. The team also regularly carries out investigations and analysis of climate-related risks and opportunities to ensure the effective execution of the management strategies.
Climate change-related risk identification and management procedures
The Green Sustainability Promotion team is responsible for collecting domestic/foreign climate change trends and regulatory changes, performing climate-related risks and opportunities within the industry, compiling a list of climate-related risk and opportunity topics, submitting it to the ESG Development Committee, and subsequently formulating management strategies and the climate risk management report based on risk/opportunity as identified. The chairperson of the team shall report to the Board. According to the climate risk management report, the Green Sustainability Promotion team shall commence the execution plan and reports to the ESG Development Committee with regular updates
Green Sustainability
Promotion team
Green Sustainability
Promotion team
for organizational operations
Promoting member
Committee Chairperson
Submit to the Board
Green Sustainability
Promotion team
Ability identified 4climate change risks and 5 climate opportunity topics in 2024 via a comprehensive evaluation of the probability of impacts and level of impacts of climate risks and opportunity topics on Ability’s operations.
Net zero emissions target
Ability declared 2050 net zero emissions in 2023 and established its carbon reduction path, committed to reducing self-produced and product GHG emissions. It verifies greenhouse gas inventories as a base year, sets carbon reduction targets, and regularly reports on implementation results and progress in achieving goals to the ESG Development Committee via the Green Sustainability Promotion team to ensure the implementation of the sustainable development plan and update it in a timely manner.
