CTCI Spokesperson Name: Ming-Shyan Lee Job Title: President Ext: 02-2833-9999 # 10095 CTCI Deputy Spokesperson Name: T. C. Li Job Title: Senior Vice President Ext: 02-2833-9999 # 10099 E-mail: email@example.com
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- 2023/04Taiwan: Prioritizing Quality and Work Safety, CTCI Makes Steady Progress in Chungli Sewerage Treatment ProjectTaoyuan, Apr. 19, 2023 – The first phase for Chungli Sewerage Treatment Project contracted to CTCI & HDEC Water Business Corporation (CTCI & HDEC WBC) is scheduled to be completed and become operational in September this year. Simon Chang, Taoyuan City Mayor, makes on-site visit today which involves going 6 meters deep underground to check the completed sewerage pipeline with a diameter up to 135cm and meet the construction site personnel at work in person.
The project was contracted to CTCI & HDEC WBC, a concessionaire established by CTCI Corporation (CTCI) and Hsin-Dar Environment Corporation (HDEC), solely for the project implementation.
Mayor Chang offers appreciation for the hard work of construction personnel on site, and gives recognition to the excellent construction quality and safety record.
Chungli sewerage system project is one of the most important public infrastructure in recent years, from the perspective of the scale and amount of people it serves. The Water Resource Recycling Center, categorized under the first project phase and which is now under construction, will be operational this September. With a concession period of 35 years, the full treatment capacity is expected to reach 156,800CMD, along with 246KM of sewerage pipelines, will be completed in 2040. Water treated will become sources for reclaimed water, effectively easing water strain caused by extreme weather conditions.
Simon Chang, Taoyuan City Mayor said, “The project construction schedule is now reaching closer to Chungli City, and the pipeline currently under construction at Xinsheng Road section is the major artery of this project. Branch pipeline will be conducted in the following stages. To ensure the quality and safety of construction works, our City Government requests contractors to strictly implement safety measures, and monitor on-site status through photos and videos provided by contractors on a daily basis. Meanwhile, our Facebook fan page posts sewerage pipe construction plan for the next week in advance, so that road users are reminded to make a detour to avoid the roadworks. Through efforts in traffic maintenance, stringent construction management, and transparent construction information, we hope to minimize the inconvenience to citizens.”
Ming-Shyan Lee, Chairman of CTCI & HDEC WBC, and President of CTCI Corp.’s Infrastructure, Environment, and Power Business Operations (IEPBO) states, “Sewerage system is one of the key infrastructure for urban development. Thanks to the full support of Taoyuan City Government, we are confident to achieve the set targets on time and to quality. With a construction period of 19 years, our project team established a Geographic Information System, which allows clear views of sewerage pipes that are completed, under construction, or to be constructed. We made precise study in each pipe section and user background, hoping to finalize household connection pipes in the shortest time possible. The ultimate goal is to assist the city government to serve approximately 200,000 households in Chungli, Pingzhen, and Dayuan regions to treat wastewater, and improve the water quality of Laojie River and Xinjie River, as well as quality of living for residents.”
CTCI, with a vision to become “a guardian of sustainable Earth,” has 40 years of experience in water resource treatment. In recent years, it is keen on the opportunities of water resource in the context of circular economy and has successfully expanded business to wastewater reclamation, from industrial, municipal sectors to that for high-tech plants owners. In terms of performance in sewerage treatment systems, CTCI has built solid track records throughout Taiwan. The fully developed sewage treatment systems helps foster urban modernization, improving the water environment. CTCI is committed to delivering the most reliable engineering quality and green engineering practices, contributing a share for environmental protection, construction, and economic development.
- 2023/02Taiwan: CTCI Joins the "TALENT, in Taiwan—Taiwan Sustainable Action for Talent Alliance" AgainThe cultivation and development of talent has always been an important business development goal for CTCI. In order to strengthen the competitiveness of Taiwan's talent, and in response to the ESG & DEI trend and the importance global companies place on the social responsibility of talent, CTCI has joined the "TALENT, in Taiwan - Taiwan Sustainable Action for Talent Alliance" again at this critical moment.
We are committed to promoting the major indicators for sustainable labor actions, including "meaning and value," "diversity and inclusion," "organizational communication," "rewards and incentives," "physical and mental health," and "talent development." We have implemented practical actions, such as inclusive workplace and the sustainable cultivation of engineering talents, to maintain sustainable competitiveness in the face of ever-changing industry in Taiwan.
Next, we will continue to promote and advocate these beliefs with "Common Wealth Learning,” "Cheers" and more than 200 alliance partners in Taiwan, deepen talent cultivation, and create a better future for every worker.
- 2023/02Taiwan: CTCI, a Guardian of Sustainable Earth, Spearheads Green Offices CampaignOn 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.
Awards & Certifications
- 2023/05Taiwan: CTCI Sustains Position as Top ESG Performer in the Service Industry by the Global Views MonthlyTaipei, May 4, 2023 –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.
- 2023/02Taiwan: A Guardian of Sustainable Earth, CTCI Selected as Sustainability Yearbook’s Top 1% Company in S&P Global ESG ScoreTaipei, February 17, 2023 – CTCI Corporation announced today 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 a detailed observation 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.
- 2022/12USA: DJSI Selects CTCI as the Most Sustainable Global Construction & Engineering Company, Second Year in a Row
TAIPEI, Dec. 16, 2022- Leading engineering, procurement, and construction (EPC) company announced today that for the second year in a row it has received the top score and is the leader of its industry group (249 construction & engineering companies) in the S&P Global Corporate Sustainability Assessment, according to S&P Global’s score information. CTCI has been selected for inclusion in the Dow Jones Sustainability Emerging Markets Index for the 8th consecutive year. The achievement is a recognition on CTCI’s rigorous, long-term effort in improving its corporate performance related to the environmental, social, and governance (ESG) aspects. In 2022, CTCI obtained an 86/100 best score compared with an industry average of 20/100.
Among the three dimensions of the assessment, CTCI received the highest score in the Governance & Economic Dimension and the Social Dimension, while seeing substantial improvement in the Environmental Dimension. CTCI received full score in eight indicators, notably environmental policy & management systems, materiality, policy influence, as well as corporate citizenship & philanthropy.
“Many of our clients around the world come from the emissions-intensive sectors, such as refineries, petrochemical plants, and power plants. At CTCI, we are determined to use our engineering expertise to help clients lower their carbon footprint,” said John T. Yu, CTCI Group Chairman.
“Through green technologies, green contracting, and green investment, we work with partners and suppliers along the value chain to increase sustainable impact. Our sustainable commitment is reflected in our revenue composition. The share of green projects among our revenue stream has increased by 412% over the last 7 years, jumping from 23% in 2015 to 66% in 2022,” he added.
“As a leading EPC company, CTCI knows the importance of showing leadership and setting example for the industry. Every year, CTCI hosts sustainable engineering forums in Taiwan to share insights and best practices, so as to propel common growth.”
“Our achievement in sustainability partly comes from the effort of our staff, who are more than ever aware of the importance of sustainability nowadays. Partly it comes from the strategies we have in place, such as incorporating net zero targets into our KPIs and establishing high-ranking ESG office and Chief Sustainability Officer.”
CTCI supports the Business Ambition for 1.5°C campaign, which is led by the Science Based Targets initiative. Utilizing energy-saving technologies in projects that it has undertaken between 2019 and 2021, CTCI has helped clients reduce 11.7 million tons CO2e. Moreover, CTCI is committed to achieving net zero emissions at its offices by 2030 and net zero emissions at all fabrication sites by 2050.
CTCI plays an active role in corporate citizenship. Through the educational foundation— CTCI Education Foundation— that it has founded, CTCI holds regular educative programs that benefit the public, such as little engineers summer camp, CTCI ESG Award, industry-academia ESG exchange programs, and free engineering course platform “CTCI Learning”. These are aligned to UN’s sustainable development goals and help engage the public in sustainability. Notably, with over 250 courses in collection, CTCI Learning helps pass down four decades of CTCI engineering expertise.
CTCI is the only engineering company so far in Taiwan that has been selected for inclusion in the DJSI indices, a family of best-in-class benchmarks for investors who wish to reflect their sustainability convictions in their investment portfolios. The Dow Jones Sustainability Emerging Markets Index comprises emerging market sustainability leaders as identified by S&P Global through the Corporate Sustainability Assessment.