ESG Strategy and Implementation
A comprehensive roadmap and strategic planning for ESG and net-zero carbon emissions.
With the rise of global sustainability awareness, consumers and investors are increasingly valuing whether a company’s products or services align with environmental and social benefits. The “ESG principles” have become a new paradigm for domestic businesses, serving as a criterion for evaluating a company’s performance in the three dimensions of “Environment,” “Social,” and “Governance.” These principles determine whether a company is worth a long-term investment.
As ESG has become a fundamental concern in the international market, irrespective of investment institutions or overseas clients, creating sustainable, healthy, and green buildings becomes a win-win strategy. It not only enhances international reputation but also attracts more financing opportunities. This approach enables shareholders to optimize their interests while simultaneously fulfilling corporate social responsibilities.
Net-Zero Carbon Path Planning
With years of experience in green building project consultancy, SSDC assists clients in examining carbon reduction requirements from various aspects to achieve the net-zero carbon target.
Carbon Reduction Demand
Client Demands
In response to client demands, especially from global giants like Apple, Nike, and others, there is an increasing need for disclosing sustainability-related information. This includes aspects such as climate risks, carbon emissions from suppliers and customers, and water resource reuse.
Regulatory Requirements
- In response to the Financial Supervisory Commission’s “Sustainable Development Roadmap for Listed Companies” plan and the financial industry’s demand for corporate ESG, obtaining a sustainable ESG assessment will provide substantial bonus points for the group’s evaluation.
- In January 2023, the Legislative Yuan passed the Climate Change Response Act, incorporating Taiwan’s 2050 net-zero target into law. This legislation includes the implementation of carbon pricing and establishes a review mechanism. The Executive Yuan’s Sustainable Development Committee is responsible for coordinating efforts, while specific carbon reduction tasks are assigned to various
Green Trade
The European Union has approved the implementation of the Carbon Border Adjustment Mechanism (CBAM) starting from October 2023. Initially covering industries such as steel, cement, aluminum, fertilizers, and electricity, the scope of CBAM will expand to include hydrogen, specific precursors, certain indirect emissions, and downstream products.
Corporate Reputation
SSDC assists companies in committing to achieving net-zero carbon emissions and enhancing the content and depth of their annual sustainability reports (ESG Reports). By aligning with international sustainability frameworks and best practices, we help companies showcase their sustainability efforts and strengthen their corporate reputation.
Implementation process
Conducting carbon inventory
- Full Product Carbon Footprint Verification
- ISO 14067 Carbon Footprint Standards and Guidelines (PCF)
- Greenhouse Gas Inventory for Global Locations
- ISO 14064-1 Greenhouse gas quantification and verification standard international certification guidance (GHG)
Planning carbon reduction methods
- medium and long-term goals for Energy conservation, water conservation, and waste reduction
- On-Site Renewable Energy Generation
- Off-Site Purchased Renewable Energy
- Purchased renewable energy certificates
- Carbon Capture and Storage
- Afforestation and Carbon Sinks
Following guidelines
- TCDF Low Carbon Economic Transition Program
- SBTi (Science Based Targets initiative): Combine corporate net-zero targets with science-based methods
- ICP (Internal Carbon Pricing): Integrating Internal Carbon Pricing and Management Accounting Systems in Businesses
- RE100: Develop strategies and engage in renewable energy procurement
Developing a Carbon Reduction Path
- In addition to assisting companies in reducing their carbon footprint, it is essential to establish a holistic approach that encompasses the entire value chain, including suppliers and customers, to achieve carbon reduction goals.
Establishing long-term goals
- Moving Towards Net-Zero Carbon Emissions
Three Stages of ESG Sustainable Development
Stage 1
- Net Zero Carbon Strategy
- Internal Carbon Pricing and Management Accounting Implementation Strategy (ICP)
- Supply Chain Decarbonization (Customer)
- RE100 Implementation Strategy (Advocacy)
- Science-Based Targets (SBT) for Carbon Reduction (Customer)
- Carbon Border Adjustment Mechanism (CBAM) (EU)
- Task Force on Climate-related Financial Disclosures (TCFD) (Stock Exchange)
- Product Carbon Footprint (PCF) (EU)
- Greenhouse Gas Inventory (Stock Exchange)
Stage 2
- Application for an electricity sales license
- Green electricity sales and matchmaking
- Global i-REC/T-REC/carbon credit sales
- Green electricity matching program service
- Contract capacity adjustments
- Intelligent dashboard
- Green electricity procurement for the supply chain
Stage 3
- seeking Investment opportunities
- Seeking and Calculating IRR for Renewable Energy sites
- Seeking Green power demand
Implementation Plan
To build net-zero sustainable future buildings and shape the future paradigm of the construction industry, it is crucial to move beyond merely being “green” and focus on achieving true sustainability. As international investors increasingly prioritize ESG criteria in assessing the resilience of businesses, SSDC leverages its extensive experience in green building to assist companies in demonstrating tangible sustainability efforts.
How SSDC assists clients
Net-Zero Path Consulting
Internal carbon pricing, SBT carbon reduction strategy, green power matching and new opportunities for residual power, ISO 14067 carbon footprint standards and regulations, ISO 14064-1 greenhouse gas quantification and verification standard international certification consulting
ESG Report
GRESB, GRI Sustainability Reporting Standards, SASB Standards, Significant Issues Identification, etc.
ESG Awards (Domestic and International)
DJSI, CDP, Excellence in Corporate Social Responsibility, GVM CSR & ESG, TCSA & GCSA, etc.
SDGs (Sustainable Development Goals)
Setting Energy Efficiency, Water Conservation, and Waste Reduction Targets, aligned with SDGs for ESG projects, and blueprints for sustainable development strategies
Aligning with international initiatives
task Force on Climate-related Financial Disclosures (TCFD) and RE100
Achieving Net-Zero in the Sustainable Supply Chain
ESG risk analysis, Supply Chain Carbon Reduction Guidance Green Electricity Procurement
ESG Lite program
Building ESG green procurement assessment and validation operations
For new construction, renovation, retrofit, and interior renovation projects that have not yet obtained the Green Building Candidate Certificate but use green building materials and energy-saving equipment, etc., and aim to align with ESG goals.
ESG Advanced Program
Sustainable ESG Building Materials and
Equipment Project Evaluation and Validation
For new construction, renovation, and retrofit projects that have obtained the Green Building Candidate Certificate and aim to align with ESG goals.
KING'S GROUP
