Greenhouse Gas Reduction

Direct Emissions and Energy Indirect Emissions (Scopes1 and 2)

The Company's GHG emissions inventory inspection was completed for theThe Company's GHG emissions inventory inspection was completed for the first time in 2013 . Presently, 100 % of Primax's global business locations have completed the ISO 14064 - 1 : 2018 GHG emissions inspection. Primax Group's business locations are distributed tin four regions of Taiwan, China, Thailand and Czech, and 100% of the operating activities comply with the local environmental regulations. In addition, we also monitor the local relevant regulatory requirements and promotion trend of international initiative units closely.

According to the GHG inventory results over the years, the major sourcesof Scope1 and Scope2 GHG emissions primarily refer to Scope2 (over 90%by region or over 85% by market). Therefore, Primax's GHG reduction policy focuses on energy management primarily, and then implementation of renewable energy.

Primax Group's Category 1 +Category 2 GHG emissions in 2023 was 33 , 461 . 979 tonne CO2e/year (Market Base), decreased by 8 , 973 . 716 tonne CO2e/year in 2022 or a decrease of approximately 21.15%; decreased by 58 , 361 . 415tonne CO2e/year or a decrease of approximately 63.56% compared to 2019 .Since 2023 , Primax Group has also achieved the predefined goal of reduction of GHG emissions by 60% (Market Base) in 2030 early. We expect to re-establish the Primax Group's GHG emissions reduction goal through the setting and application of SBT long-term net zero goal in 2024 ~ 2025 , and will also continue to implement self-challenge and requirements to achieve the net zero goal.

The greenhouse gas emission intensity in 2023 was 0 . 553 tonne CO2e/million NTD, a decrease by 3.30% compared with 2022 and a decrease by 67.21% compared with the base year of 2019 . In 2023 , the increase in greenhouse gas emission intensity compared to the previous year was mainly due to the inclusion of the emissions of Tymphany plant in Czech Republic and the decrease in the Group's turnover.

In 2023 , the renewal energy certificate offset against 36 , 310 , 000 kWh and 19 , 785 . 585 tonne CO2e, accounting for 40.30% of the electricity consumption.From 2019 to the end of 2023 , the cumulative purchase of Renewable Energy Certificates offset against a total of 57 , 192 . 133 tonne CO2e.

GHG emission statistics of Primax Group in 2023(Unit: tonnes CO2e/year)

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GHG emission statistics of Primax Group - 2019~2023(Unit: tonnes CO2e/year)

2019 2022排放統計

Note: Adopt the operational control approach for the GHG inventory.
  •  Scope 1 (Category 1 ) includes: COD sewage treatment, diesel, gasoline, natural gas, refrigerant, and septic tank(BOD). Disclosures were made based on GWP value taken from IPCC 2021 6th evaluation report.
  • Scope 2 (Category 2 ) includes: purchased electricity, emission coefficient - Taiwan= 0 . 495 kg CO2e/kWh;Scope 2 (Category 2 ) includes: purchased electricity, emission coefficient - Taiwan= 0 . 495 kg CO2e/kWh;China= 0 . 5703 kg CO2e/kWh; Thailand= 0 . 44 kg CO2e/kWh; Czech Republic= 0 . 413 kg Co2e/kWh.
  • The scope of GHG statistics was the same as the 11 major locations disclosed in this report.
  • Since 2022 , the unified power coefficient announced by the Chinese Ministry of Ecology and Environment has been used to replace the regional grid power coefficient. The proportion of carbon reduction (Scope 1 + 2 ) resulting from the change in power coefficient was 33.34%, and the proportion of carbon reduction offset byIREC was 65.11%.
  • Emission intensity = Category 1 + Category 2 (Market Base) tonne CO2e/million NTD in operating revenue.

 

 

2019 2022GHG 1

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2022排放減量

Note:

  • Compared to the emission in the base year, 2019 (market base).
  • The amount of carbon sequestered by a Taiwan incense cedar tree isThe amount of carbon sequestered by a Taiwan incense cedar tree is 262 ×1.2 ×1.65 = 518 . 76 kg CO2e, and the amount is calculated basedon about 6 , 000 such trees planted in Daan Forest Park. (Source of Data: Forestry and Nature Conservation Agency, Ministry of Agriculture,Executive Yuan)

 

Other indirect GHG emission statistics of Primax Group - 2023(Unit: tonnes CO2e/year)

2022間接排放

Note：
  • The scope of GHG statistics was the same as the 11 major locations disclosed in this report.
  • Significant indirect emission sources are mainly product use (C 11 ), accounting for 50.67 % of the total emissions, and purchased goods (raw materials andsupplies) (C 1 ), accounting for 47.15% of the total emissions.
  • The Scope 3 base year is to be determined after the Group's SBT goal is set.

Other indirect emissions (Scope 3)

In addition to identifying major emission projects and calculating greenhouse gas emissions according to theISO 14064 - 1 : 2018 standards, Primax also conducted the indirect GHG emission inventory under various categories according to the GHG protocol methodology.

In 2023 , Primax implemented the Carbon Management System to help collect and summarize the massive Scope3 data in a systematic manner. Meanwhile, the scope of the inventory included Tymphany plant in Czech Republicand the inventory categories also included the additional items including employee commuting, capital goods andtermination of products, compared to 2022 . In 2024 , Primax will continue to follow the GHG protocol to improve the Scope 3 inventory and meet the data requirements for setting the SBTi's long-term net zero commitment goal.

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