Strengthen Climate Resilience

Introduction of TCFD Framework

By introducing Task Force Climate-Related Disclosure (TCFD) framework and taking the physical and transformational risks and relevant responsibilities into account, CTCI will be able to evaluate the climate change risks that value chain partners, suppliers and CTCI itself may encounter. It would accelerate the promotion of CTCI's climate-related financial disclosures and facilitate communication with stakeholders. CTCI's net-zero targets are to acheive net zero emissions from the office areas by 2030, and net-zero emission from the offices, service, and production sites by 2050. CTCI has committed in 2022 to set near- and long-term company-wide emission reductions target in line with science-based net-zero with the SBTi.

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CTCI identified the near-term (10 years), middle (20 years) and long-term (30 years) risks and opportunities of the climate changes on the Organization, Upstream (supplier) and Downstream (Clients) under the Transition, Nationally Determined Contributions (NDCs), and Physical scenarios to establish the matrices of the risk and opportunities in accordance with the TCFD framework.

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▼ Operation and financial Impacts for climate opportunities

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Greenhouse Gas Management

In 2021, total scope 1 and scope 2 emissions of the headquarters building are 159 and 2,445 tons CO2e, respectively, while total emissions of scope 1 and scope 2 of all construction sites worldwide are 4,318 and 2,677 tons of CO2e, respectively. Furthermore, we have been requested by international investors to fill out CDP(Carbon Disclosure Project) questionnaire and received B (management) score for carbon disclosrue and A- (leadership) score for supply chain engagement in 2021. Each year, we continue to check the rooms for improvement in terms of climate change management through such questionnaire filling process, examination of question changes, as well as benchmark learning. Moreover, our responses to climate change risks and opportunities extend beyond us by working with our partners upstream and downstream. We encourage them to work with us in terms of identification, analysis, calculation, and reduction of the greenhouse effect and emission reduction, so we can disclose our indirect carbon emissions.
▼ Greenhouse Gas Emissions (tons of CO2e)

Circular Economy

CTCI leads its peers in designing a circular economy model in construction engineering with its core capabilities, including three main aspects, i.e., resource recycling supply, resource recovery, and product and asset life extension.

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