Governance Foundations Climate Legislation

Establishing guidance to assist companies in quantification and reporting of greenhouse gas emissions

Amending the guidance and building capacity for carbon quantification and reporting, and verification, to respond to companies’ needs, and the EU CBAM, which will begin to operate from 1 October 2023 onward, with simplified rules initially, requiring sectors including iron and steel, cement, fertilizer, aluminum, electricity and hydrogen to fulfill the reporting obligations.

Collaborating with Ministry of Economic Affairs in 118 training sessions on carbon quantification and foot-printing and 48 advocacy activities about net-zero emissions and carbon quantification for industry associations.

Collaborating with Chinese National Federation for Industries on 3 5-day carbon quantification and reporting workshops.

Regulated entities: 287 (1st batch) + 250 (2nd batch)

Voluntary participants

 Carbon Disclosure Project (CDP) / Dow Jones Sustainability Indexes (DJSI): hundreds of Taiwan’s companies invited to participate in 2021

Interested SMEs are welcomed to try online trial calculator

Paid-in Capital >NT$10 bn + Iron + Cement

Assurance acquired by 2024 (~0.1k companies)

Paid-in Capital NT$5~10 bn

Establishing 4 certification bodies and organizing GHG verifier training courses. Non-mandatory

Assurance acquired by 2027 (~0.1k companies)

Paid-in Capital <NT$5 bn

Assurance acquired by 2028 (~1.4k companies)

Non-mandatory

Stakeholders in supply chain