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【Towards Net Zero Transformation, Building Sustainable Competitiveness】 ABC-ATEC First Solar Power Supply System for Self-Consumption Officially Launched
The world is currently facing carbon reduction issues from international trends, local government regulations, and supply chain requirements. This is not only a global challenge but also a responsibility that companies should undertake. As a member of the global supply chain, ABC-ATEC recognizes the importance of sustainability and actively sets carbon reduction goals to address global carbon challenges and implement low-carbon objectives.
Through scientific carbon reduction methods, ABC-ATEC commits the short-medium, and long-term net-zero carbon emission target. the short and medium term target for 2030 is to reduce carbon emissions by 42% compared to the baseline year 2021. Furthermore, we commit a net-zero carbon emission target by 2050, actively participating in global carbon reduction actions to contribute to the achievement of global sustainable development goals.
The main source of carbon emissions for ABC-ATEC is Scope 2 electricity usage, accounting for 70% of the total carbon emissions. To effectively reduce carbon emissions, ABC-ATEC adopts energy management measures and actively set up carbon reduction strategies with a focus on renewable energy, reducing dependence on conventional energy sources and enhancing environmental sustainability. This not only aligns with the company's carbon reduction strategy but also demonstrates ABC-ATEC commitment to addressing global climate change challenges.
In 2023, ABC-ATEC commits to gradually adopting renewable energy, with the Guangzhou factory signing a Power Purchase Agreement(PPA) and officially switch to green power supply in May 2023. In addition, Guangzhou factory solar power supply system was officially launched on January 8, 2024. The construction of the solar panels at the Taiwan headquarters is scheduled to commence in 2024, with official operation in 2025. The group's annual green energy usage had reached 1.35 million KWH, accounting for 13% of the group's total electricity consumption in 2023. Furthermore, in 2024, The group's annual green energy usage are expected to reach 2.6 million KWH, accounting for 25% of the group's total electricity consumption. The Malaysia factory(AOBA Technology), solar energy usage plan has also been initiated as ABC-ATEC continues to strategically deploy green energy, gradually achieve the goals of net-zero carbon emission.
Through scientific carbon reduction methods, ABC-ATEC commits the short-medium, and long-term net-zero carbon emission target. the short and medium term target for 2030 is to reduce carbon emissions by 42% compared to the baseline year 2021. Furthermore, we commit a net-zero carbon emission target by 2050, actively participating in global carbon reduction actions to contribute to the achievement of global sustainable development goals.
The main source of carbon emissions for ABC-ATEC is Scope 2 electricity usage, accounting for 70% of the total carbon emissions. To effectively reduce carbon emissions, ABC-ATEC adopts energy management measures and actively set up carbon reduction strategies with a focus on renewable energy, reducing dependence on conventional energy sources and enhancing environmental sustainability. This not only aligns with the company's carbon reduction strategy but also demonstrates ABC-ATEC commitment to addressing global climate change challenges.
In 2023, ABC-ATEC commits to gradually adopting renewable energy, with the Guangzhou factory signing a Power Purchase Agreement(PPA) and officially switch to green power supply in May 2023. In addition, Guangzhou factory solar power supply system was officially launched on January 8, 2024. The construction of the solar panels at the Taiwan headquarters is scheduled to commence in 2024, with official operation in 2025. The group's annual green energy usage had reached 1.35 million KWH, accounting for 13% of the group's total electricity consumption in 2023. Furthermore, in 2024, The group's annual green energy usage are expected to reach 2.6 million KWH, accounting for 25% of the group's total electricity consumption. The Malaysia factory(AOBA Technology), solar energy usage plan has also been initiated as ABC-ATEC continues to strategically deploy green energy, gradually achieve the goals of net-zero carbon emission.