Direct Emissions and Energy Indirect Emissions (Scopes 1 and 2)
To address global climate change and respond to the Paris Agreement's requirement for countries to submit climate action commitments, Taiwan has announced its long-term national greenhouse gas reduction target of achieving net-zero emissions by 2050. In line with this, Primax Group has committed to achieving net-zero emissions by 2050 and has developed a net-zero pathway. Reduction targets have been established using the scientific methodologies defined by the Science Based Targets initiative (SBTi). Policies and reduction plans are systematically developed and implemented. To align with the approved SBTi 1.5° C net-zero target, the baseline year for Scope 1 and Scope 2 greenhouse gas emissions has been adjusted to 2023.
In 2025, Primax Group's Scope 1 and 2 greenhouse gas emissions amounted to 18,653.6 metric tons CO2e per year (market-based), representing a reduction of approximately 44.25% compared to the 2023 baseline year of 33,462 metric tons CO2e per year. In 2025, Primax Group passed the review of its SBT net-zero targets, resetting the Group's greenhouse gas reduction targets and continuing to challenge and set higher standards for itself on the path to net-zero. Scope 1 and Scope 2 emissions were verified by SGS, in accordance with ISO 14064-3:2019 issued by the International Organization for Standardization (ISO). The verification opinion was a reasonable assurance level with an unqualified conclusion.
Other indirect emissions (Scope 3)
In addition to calculating greenhouse gas emissions from significant sources in accordance with ISO 14064-1:2018, Primax also measures various categories of indirect emissions following the GHG Protocol methodology. In 2023, Primax implemented a carbon management system to systematically collect and consolidate large volumes of Scope 3 data. This year's inventory scope covered all production sites, and the categories included employee commuting, capital goods, and end-of-life treatment of sold products.
Considering the value chain upstream and downstream, Categories 1, 3, and 11 were identified as the relevant and material Scope 3 emission sources. Accordingly, Scope 3 reduction calculations will be based on the combined emissions of Categories 1, 3, and 11, according to the 2023 Scope 3 inventory data, where Categories 1, 3, and 11 account for 95.6% of the total Scope 3 emissions. Scope 3 data were verified by SGS in accordance with ISO 14064-3:2019 issued by the International Organization for Standardization (ISO). The verification opinion was a limited assurance level with an unqualified conclusion.
