- High interest rates and inflation in the global economy
- Mainland China's economic recovery post-pandemic fell short of expectations
- Dependence on a single cement market
- Climate change risks (physical and transitional)
- Supply chain disruptions
Taiwan Cement Corporation (TCC)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Taiwan Cement Corporation (TCC) disclosed greenhouse gas emissions of 4.5M tCO2e (2022); Data for 2023 pending verification. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
4.5M tCO2e (2022); Data for 2023 pending verification
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 4.5M tCO2e (2022); Data for 2023 pending verification |
| 2022 | 8.3K metric tons of CO2e (RMC plants Scope 1 & 2 base year 2020) |
| 2020 | 4.6M tCO2e/year (Scope 1 & 2) |
| 2019 | 4.5M tCO2e/year (2019) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased proportion of alternative raw materials in Taiwan cement plants from 19.07% to 22.66% (2019-2023)
- Increased calorific value replacement rate with alternative fuels in Taiwan cement plants from 0.21% to 10.2% (2020-2023)
- Increased calorific value replacement rate with alternative fuels in Mainland China cement plants from 1.25% to 13.7% (2021-2023)
- Increased proportion of cement utilization per ton in Mainland China cement plants from 17.0% to 26.78% (2021-2023)
- Launched Portland limestone low-carbon cement
- Developed low-carbon cements 1L10 and 1L15
- Developed high-power batteries for short-range passenger planes
- Developed fireproof, durable, and weather-resistant energy storage cabinets (Energy Ark)
- Achieved 171.3MW total renewable energy installation capacity
- Hoping Plant awarded Energy Saving Leadership Award 2021
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon emissions intensity by 11% by 2025 (SBT)
📅 Medium-term
- Achieve 31% reduction in carbon emissions intensity by 2030 (Taiwan)
- Achieve 20% reduction in carbon emissions intensity by 2030 (Mainland China)
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Carbon reductionGreen initiativesRenewable energyResource recyclingLow-carbon building materialsBiodiversityHuman rightsSupply chain sustainability