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Low carbon Demonstra
- In line with the Bank's environmental policy of "Enjoying Life, Protecting the Earth," and fulfilling corporate social responsibility, the Bank continues to promote green actions that are mutually beneficial with the environment. These actions include supporting renewable energy development, promoting carbon neutrality, and incorporating green building designs in demonstration premises. These initiatives not only reduce resource consumption and carbon emissions but also enhance the Bank's corporate sustainability image.
- The General Affairs Office is responsible for planning and establishing replicable demonstration sites, setting short-term and long-term construction goals, and regularly monitoring the progress for future expansion.
Action plans
- Supporting Renewable Energy Policy: Monthly review of green energy generation or usage.
- Promoting Carbon Neutrality Demonstration Branch: Conducting relevant inspections and verifications by external organizations.
- Incorporating Green Building Designs in Premise Planning: Obtaining certification from central authorities after review and approval.
Goals and Targets
- Short-term target for 2023
- Supporting Renewable Energy Policy
- 1 million kWh in green energy supply
- Renewable energy utilization rate reached 1%
- 1 solar-powered branch established
- Promotion of Carbon-Neutral Demonstration Branch: 1 carbon-neutral branch per year
- Implementation of Green Building Design in Premise Planning: Obtain green building certification for 100% newly constructed or renovated branches
- Mid-term target for 2030
- Supporting Renewable Energy Policy
- 3 million kWh in green energy supply
- Renewable energy utilization rate reached 10%
- 10 solar-powered branches established
- Promotion of Carbon-Neutral Demonstration Branch: 5 carbon-neutral branches per year.
- Implementation of Green Building Design in Premise Planning: Obtain green building certification for 100% newly constructed or renovated branches
Supporting the Renewable Energy Policy
Purchase renewable energy certificates or green energy supply
- Since 2016, in compliance with the government's renewable energy policy, the Bank voluntarily purchased 200,000 kWh of green electricity for two consecutive years, reducing emissions by about 105.7 tons CO2e. However, starting from 2018, due to the discontinuation of green energy certificates by the Taiwan Power Company, the Bank switched to purchasing renewable energy certificates. From 2018 to 2021, the Bank purchased 67,000 kWh (reducing emissions by about 37.12 tons CO2e), 75,000 kWh (reducing emissions by approximately 39.98 tons CO2e), 80,000 kWh (reducing emissions by around 40.72 tons CO2e), and 90,000 kWh (reducing emissions by about 45.18 tons CO2e). In total, the Bank reduced carbon emissions by approximately 163 tons CO2e over four years.
- With the amended Electricity Act, the Bank diversified its energy sources. Therefore, in 2022, we signed a fiveyear contract with a renewable energy supplier to supply green electricity to our Taipei headquarters building starting from October 2022. From October to December 2022, a total of 100,000 kWh were supplied, reducing carbon emissions by about 50.9 tons CO2e. The renewable energy utilization rate was 0.36%. In total, over a span of seven years (2016-2022), the Bank reduced emissions by approximately 319.6 tons CO2e. In the future, we will continue to increase the amount of green energy supplied and expand the coverage to other sites (such as the Information Building).
Establishment of solar-powered branches
In early 2022, the Bank preliminarily selected the Changhwa Branch to build a solar-powered branch. The construction project for rooftop solar power generation is scheduled to be contracted and implemented in 2023. After completion, the solar power generated will be used for self-consumption, increasing the proportion of renewable energy utilization. Concurrently, plans for the installation of rooftop solar power generation systems at branches in Western Tainan, Southern Tainan, Tainan, Chiayi, and Pingtung are being evaluated.
Promoting Carbon Neutrality Demonstration Branch
Net-zero by 2050 has become an international trend. In order to deploy our net-zero plans in advance, the Bank has formulated short-term target to promote "carbon neutrality" its branches. According to the "PAS 2060:2014 Reference for Implementing Carbon Neutrality", in order to achieve carbon neutrality, the following steps must be followed:
- Net-zero by 2050 has become an international trend. In order to deploy our net-zero plans in advance, the Bank has formulated short-term target to promote "carbon neutrality" its branches. According to the "PAS 2060:2014 Reference for Implementing Carbon Neutrality", in order to achieve carbon neutrality, the following steps must be followed:
- 1. Quantify Carbon Emissions
- 2. Implement Carbon Reduction Actions
- 3. Offset Remaining Carbon Emissions
- 4. Achieve Carbon Neutrality
- The Bank selected the Changhwa Branch as its first carbon neutrality demonstration branch. By implementing energy-saving and emissions-reducing measures, such as replacing outdated AC and lighting equipment, the branch successfully reduced emissions by 26.7%. Additionally, by purchasing carbon credits meeting the Gold Standard, the Bank offset emissions from Category 1 to Category 5, resulting in the attainment of the PAS 2060:2014 verification statement in June 2022, officially declaring the achievement of a "carbon neutrality branch.
Implementation of Green Building Design in Premise Planning
- The Bank is committed to promoting green buildings with the design philosophy of "making buildings consume the least amount of Earth resources, use the least energy, and produce the least waste in the life cycle." The Bank actively promotes green building design and planning and hopes that through the regulations of EEWH Labels, the process from production of building materials, building planning, design, construction, use, management, and demolition will be friendly to the environment, while the four major aspects of ecology, energy conservation, waste reduction, and health in green buildings will be integrated into daily life.
- The Bank' s mid-term goal is to obtain the EEWH Labels for urban renewal projects such as the Peimen Branch, Chengtung Branch, Tianjin Street Dormitory, as well as new construction projects like Chiencheng building and the Yuanli Branch. The Peimen Branch urban renewal project is expected to be completed in 2023, and the Bank aims to obtain Silver-level EEWH Labels. We hope to build a mutually beneficial relation with society through sustainable architecture.