The "Zhishan Splendor - Shilin Cultural Festival" commenced with a grand opening concert held at the lobby of CTCI on July 1st. The event marked the beginning of the two-month-long festival with the enchanting melodies performed by the "CTCI Philharmonic Guitar Club" and the "Bailing Elementary School Recorder Ensemble." Since its inaugural event in 2010, CTCI has continuously sponsored and participated in the festival as a prominent local enterprise, making it one of the most highly anticipated annual cultural celebrations.

This year's festival showcases a diverse array of activities, including multiple music feasts. Moreover, the Zhishan Cultural and Ecological Garden is hosting a special exhibition showcasing common wildlife specimens found in Taipei, while sharing the results of ecological surveys conducted in various art and cultural venues in Taipei. The aim is to provide the public with a deeper understanding of Taipei's rich biodiversity while immersing themselves in the historical charm of Shilin.

Following the captivating opening concert, Mr. Ming-Huang Li, Director of Zhishan Cultural and Ecological Garden, presented the research findings of the "Urban Explorers Biodiversity Collaboration Project," in which CTCI also participated and sponsored.

Mr. Ting-Chuang Li, CEO at CTCI Group Shared Services, expressed that the company is committed to being a "Guardian of Sustainable Earth" and fulfilling its corporate social responsibility. He expressed great delight in collaborating on this project with Zhishan Cultural and Ecological Garden and the nine major cultural exhibition halls, collectively striving for ecological conservation. By actively involving the public— from participating in surveys to implementing conservation plans— they aim to safeguard Taipei City's biodiversity.

CTCI is playing an active role to conserve biodiversity. In addition to the "Zhishan Splendor - Shilin Cultural Festival," CTCI proactively promotes the "CTCI Biodiversity Project - Green Water for Vitality," which integrates its core business, operating bases, and local cultural partners. Starting with a comprehensive understanding of water resources, rivers, wetlands, and the environmental conditions of each area, it takes action to protect natural resources and gradually expand its social influence.

CTCI leverages "green engineering" to create a win-win situation for the economy and the environment. For example, the "Fengshan Water Resources Center" project produces 45,000 tons of reclaimed water daily for industrial use while also providing 20,000 tons of discharged water to the nearby Dadong Wetland Park's ecological pond, contributing to the preservation of biological habitats. Furthermore, the TSMC South Science Park Reclaimed Water Plant and the Fengshan and Linhai Water Resources Centers not only supply reclaimed water and related technical support but also develop environmental education programs, actively promoting biodiversity conservation in neighboring communities and schools, and collaborating with external organizations to implement conservation efforts throughout Taiwan.

Looking ahead, as a pioneer of sustainability in the domestic engineering industry, CTCI will continue to fulfill its corporate social responsibility. Through the practice of "company-wide ESG," the company will utilize its core business to foster "green engineering" and act as an invisible force driving the public towards embracing a "green lifestyle," all for the purpose of working towards a better and sustainable future.

CTCI Corporation (CTCI) sustains the position as top prize winner for the ESG Award 2023 under Service Industry Category by Global Views Monthly with achievements in fostering sustainability practices with its engineering expertise. Chairman Michael Yang attends the award ceremony personally to receive the honor on May 3.

"CTCI has been deeply engaged in fulfilling sustainability actions with core competencies, holding fast to the principle of "Fulfilling Net Zero EPC Mission through Company-wide ESG Engagement. By now, we have internalized the concept of ESG company-wide as our corporate DNA. We will lead the way for our global supplier chain partners to jointly contribute to the Earth's sustainability" said Michael Yang, Chairman of CTCI Corporation.

Organized annually by the Global Views Monthly, the ESG Award has been known for a lower percentage of award winning and thus higher recognition it symbolizes. The judge panel selects companies with the best performance in environmental, social, and corporate governance (ESG) dimensions.

Committed to the goal of being "A Guardian of Sustainable Earth," CTCI wins the top prize in the service industry category with great recognition in integrated ESG performance review.

In terms of corporate governance, CTCI ensures transparent and integrity management, and has achieved stable business growth. In 2022, CTCI's consolidated Group revenue and Group backlog unprecedentedly reached NT$95.1 billion and NT$328.9 billion, respectively. Group contract value remained at a high level of NT$102.5 billion. To ensure continuous business expansion and a more robust global operation, CTCI established a Risk Management Office and appointed a Chief Risk Officer in 2022. This was done to establish a more comprehensive risk management mechanism, enabling it to promptly monitor external changes and respond accordingly, thus reducing operational risks.

Environmental-wise, CTCI is promoting a win-win between the environment and the economy by making investments in developing green engineering projects that covers the three aspects: green investment, green contracting, and green technologies. It works with supplier chain partners in the implementation of engineering, procurement, and construction (EPC) projects, hoping to provide clients with value-added "net Zero EPC" projects and deliver faster and better engineering services. Also, it is actively promoting the development of net-zero technologies by serving as the convener of the Carbon Capture, Utilization, and Storage (CCUS) Working Group of the Taiwan-US CCUS Industry Promotion Alliance. It joined the Taiwan Alliance for Net Zero Emission and the Taiwan Net Zero Emissions Association, pledging to achieve zero carbon emissions for office premises by 2030 and zero carbon emissions for office and project sites by 2050. To set carbon reduction targets in line with the 1.5°C goal, CTCI is a member of the Science-Based Targets initiative (SBTi). Additionally, it formed the Supplier Net-Zero Alliance to contribute to the green transformation efforts in the engineering industry.

As for governance, CTCI is committed to cultivating engineering talents and promoting education on sustainable development. Apart from CTCI University, an online learning platform exclusively dedicated to CTCI colleagues, it launched a free "CTCI Learning" digital platform to pass on professional engineering knowledge and experience for the public, without extra charge. To provide long-term support to vulnerable groups, CTCI has become the first corporate partner to set up a food collection float for Carrefour's "Food Bank" initiative. Additionally, CTCI collaborates with organizations such as Eden Social Welfare Foundation and Syin-Lu Social Welfare Foundation to provide employment services. Besides, CTCI Education Foundation became the 11th admitted observer NGO in Taiwan by The United Nations Framework Convention on Climate Change (UNFCCC), enabling the international society to see Taiwan's endeavors in sustainability.

CTCI surpasses other international competitors to ranks among the best, and won various domestic and international sustainability awards, including scoring Top 1% in the Sustainability Yearbook 2023 according to S&P Global's ESG score information; being selected as a constituent stock of DJSI (Dow Jones Sustainability Index) in Emerging Markets category for 8 consecutive years; winning award as the Top 10 Domestic Companies Sustainability Model Award of Taiwan Corporate Sustainability Awards (TCSA) for 6 straight years; ranked among top 5% of the Corporate Governance Evaluation by the Financial Supervisory Commission for 8 times; performs favorably in MSCI (Morgan Stanley) ESG rating; participated the CDP (Carbon Disclosure Project) Climate Change Report; obtained the Excellence in Corporate Social Responsibility Award by the CommonWealth Magazine; clinches Taiwan Circular Economy Hero Award; and recognized with the "Diversity for Better Tomorrow Awards" for performance in diversity, equity, and inclusion (DEI).

Looking forward, CTCI will continue to play a good role as "a guardian of sustainable Earth" and contribute to global sustainability through its engineering strengths.

CTCI Corporation announced on February 17 that it scores Top 1% in the Sustainability Yearbook 2023, according to S&P Global's ESG score information. CTCI obtained a stellar 86/100 score in the Dow Jones Sustainability Index, the highest score among global peers in the construction & engineering industry, and is the only company winning this recognition in the sector.

The 2023 Sustainability Yearbook considered over 7,800 companies assessed in the 2022 Corporate Sustainability Assessment (CSA), covering 61 industries, with a total market value of USD 8.4 billion. Overall, 708 companies were selected for this year's Yearbook based on their S&P Global ESG Scores calculated from the CSA. CTCI has been selected for inclusion in the Dow Jones Sustainability Emerging Markets Index for the 8th consecutive year.

Based on the Dow Jones Sustainability Index results of the previous year, the Sustainability Yearbook is the most significant ESG assessment globally, providing detailed observations of companies' ESG performance.

CTCI is committed to pushing for global sustainability through its core competencies, seeing itself as "a guardian of sustainable Earth." Under the joint efforts of all 7,000 colleagues worldwide, CTCI has made remarkable achievements throughout the year. In addition to the annual revenue of NTD95.1 billion and the backlog of contracts in the amount of NTD328.9 billion, both of which hit record highs. The amount of contracts signed with clients remained as high as NTD102.5 billion.

Environment-wise, CTCI works with partners and suppliers along the value chain to increase sustainable impact through green technologies, green contracting, and green investment, hoping to deliver net zero EPC projects.

CTCI has also supported the Business Ambition for 1.5°C campaign led by the Science Based Targets initiative. Moreover, it is committed to achieving net zero emissions at its offices by 2030 and net zero emissions at all project sites by 2050.

As a leading EPC company, CTCI knows the importance of showing leadership and setting example for the industry. It joined the Taiwan Alliance for Net Zero Emission as the founding member. Every year, CTCI hosts sustainable engineering forums in Taiwan to share insights and best practices, so as to propel common growth.

With regard to social participation, CTCI plays an active role in corporate citizenship. Efforts in sustainability education and talent cultivation include establishing an exclusive learning platform for CTCI colleagues, CTCI University; free engineering course platform for the general public, CTCI Learning; as well as the CTCI Education Foundation. In particular, CTCI EF became the 11th admitted observer NGO in Taiwan by The United Nations Framework Convention on Climate Change (UNFCCC) in 2022, enabling the international society to see Taiwan's endeavors in sustainability.

The top recognitions that CTCI has received from institutions in Taiwan and abroad for its ESG performances include: Being selected as the Top 10 Domestic Companies Sustainability Model Award of Taiwan Corporate Sustainability Awards (TCSA) for 6 consecutive years; ranked among top 5% of the Corporate Governance Evaluation by the Financial Supervisory Commission for seven times; exemplary records in ESG assessments by MSCI ESG assessment, and CDP assessment, listed by TWSI (Taiwan Sustainability Index) as a component; received sustainability-related awards given by important Taiwanese media, such as CommonWealth Magazine and Global Views Monthly; clinches Taiwan Circular Economy Hero Award; and recognized with the "Diversity for Better Tomorrow Awards" for performance in diversity, equity, and inclusion (DEI).

Looking forward, CTCI will continue to play a good role as "a guardian of sustainable Earth" and contribute to global sustainability through its engineering strengths.

On the invitation of Taiwan Environmental Protection Administration (EPA), CTCI's Group Shared Services CEO Ting-Chuang Li attended the "Press Conference and Forum on Green Offices" held by the EPA on February 10. During the event, CEO Li shared CTCI's approaches to fulfilling the 2050 net-zero targets through "ESG engagement of all staff" and seeing itself as "a guardian of sustainable Earth."

The "Green Offices" program is part of the government's crucial strategies in transforming the nation to net zero by 2050. CTCI is among the first role-model companies invited by the EPA to talk about the ways offices can become greener and call upon the industry to join the green offices campaign.

CEO Li noted that CTCI has taken a multi-approach to cut carbon emissions. To make CTCI's offices greener, CTCI makes an effort to save energy and cut resources utilization at source, reduce the amount of plastic materials used, reduce the amount of waste, and make green procurement. CTCI's headquarters building has therefore saw 7.5% reduction of power consumption in 2022 against the previous year, which is equivalent to cutting down 155 tons of CO2e emissions.

With regard to making engineering services greener, CTCI laid out three approaches: "green technology," "green contracting," and "green investment." Based on these principles, CTCI strives to carry out projects that are beneficial both economically and environmentally in any part of the world. By working with its partners and suppliers in the provision of "net zero EPC valued services," CTCI continues to help clients reach their energy-saving and emissions reduction targets. Between 2019 and 2021, the amount of carbon emissions that has been cut down across plant construction's full life cycle on the client side reached 11,700,000 tons, thanks to CTCI's energy saving design. Total power savings reached 840,000,000 kWh, which is equivalent to the annual power consumption of 209,000 households. Total water savings reached 232,070,000 tons, which is equivalent to the water consumption of the entire Taipei City for 261 days. Total reduction of volatile organic compound reached 24,933 tons.

CTCI is committed to pushing for global sustainability through its core competencies, and has set its own 2030/2050 net zero targets. It plays an active role in campaigning by joining Taiwan Alliance for Net Zero Emissions as founding member, and supports the 1.5°C emissions reduction target laid down by the Science Based Targets initiative (SBTi). Each year, CTCI holds Taiwan Sustainable Engineering Forum, with a vision of keeping the engineering peers up-to-date with global trend in sustainability and net zero emissions.

The top recognitions that CTCI has received from institutions in Taiwan and abroad for its ESG performances include: Being selected as a component for inclusion in the Dow Jones Emerging Markets Index for 8 consecutive years, as well as being ranked first place in the global engineering industry category; received TCSA's Top 10 Domestic Companies Sustainability Model Award for 6 consecutive years; and received sustainability-related awards given by important Taiwanese media, such as CommonWealth Magazine and Global Views Monthly. CTCI also regularly takes part in ESG assessments by notable institutions, such as MSCI ESG assessment and CDP assessment.

Looking forward, CTCI will continue to play a good role as "a guardian of sustainable Earth" and contribute to global sustainability through its engineering strengths.