TCC Becomes One of the First Global Enterprises to Join the TNFD As An Early. Adopter the Only Large-scale Construction Materials Company From Taiwan to Be Invited

Climate action and nature-based solutions (NbS) are the two keys in achieving the net-zero target by 2050. On the 16th, Taiwan Cement Corporation (TCC) became a global Taskforce on Nature-related Financial Disclosures (TNFD) Early Adopter. TNFD is an initiative organization promoted by the United Nations and the G20. Specifically chose to announce the list at the 2024 World Economic Forum (WEF) Annual Meeting in Davos, a total of 13 companies from Taiwan, including TCC, Delta Electronics, Inc. and E.SUN Financial Holding Co., Ltd. were named. TCC is also the only large-scale construction materials company from Taiwan invited to become an Early Adopter member of TNFD. The list of international benchmark construction materials companies includes: Holcim Group of Switzerland, Heidelberg Materials of Germany, and Cementos Argos of Colombia. TNFD Co-Chair David Craig stated, "To achieve net-zero goals, climate and nature must be assessed together." The TNFD Early Adopters list includes 320 companies or organizations from 46 countries, among which there are 100 financial institutions and index/investment rating agencies, including S&P Global, Moody's, MSCI Inc, etc., controlling over 14 trillion in assets. Additionally, 100 of these are constituents of MSCI, indicating that natural issues will become a key indicator in future financial markets.

According to the latest Global Risk Report, the globe will face increasingly severe impacts from extreme weather events over the next decade. The loss of biodiversity and the collapse of ecosystems will lead to irreversible changes in the Earth's ecological systems, directly impacting human survival and security. TCC has long focused on biodiversity issues, initiating various long-term projects related to species conservation, forests, oceans, and soil. In 2023, TCC published its Nature & Biodiversity Report-TNFD Pilot Program, taking the lead in implementing the Kumming-Montréal global biodiversity framework. TCC was invited by the Carbon Disclosure Project (CDP) to join the inaugural cohort of TNFD Early Adopters and, after passing the TNFD review, officially became one of the first members. Prior to becoming a TNFD Early Adopter, TCC actively participated in the TNFD pilot groups and forums, providing feedback on corporate experiences. At the same time, in response to international nature-related initiatives, TCC has signed the Business for Nature's "Call to Action," "Make it Mandatory," and "It's Now for Nature" campaigns; and has joined the World Business Council for Sustainable Development (WBCSD) Taiwan Nature and Biodiversity Initiative Platform in Taiwan. TCC collaborates with corporate partners to advocate for the conservation of biodiversity, striving to achieve 'Nature Positive' by 2030 and contribute to the natural ecology worldwide.

TCC is well aware of the importance of natural environment and ecosystems, and has initiated a native species ecological restoration project for its mining areas since 2016. In 2024, the first phase of the forest carbon sink survey will be conducted to assess and enhance the conservation efforts for native species in the mining areas. In 2022, professor Chia-Wei Li, the Executive Director of Dr. Cecilia Koo Botanic Conservation Center (KBCC), which has long been supported by TCC, collaborated with soil experts to launch the "Ho-Ping Ark Ecological Program." Through a 10-year program of mine soil monitoring and biodiversity research, the Program aims to gain a deeper understanding of the largest terrestrial carbon sink system - soil, and to explore and enhance solutions for the Earth's resilience. Also, TCC actively cultivates talent in the field of soil science, hosting the first "Soil Ecology Research Award" and the "TCC 2024 Soil Ecology Winter Camp".

In addressing the issue of invasive species, TCC utilizes its core technology of cement kiln co-processing to assist Yilan and Hualien County governments in tackling the spread of White Popinac. Through crushing and a series of resource recovery processes, the White Popinac branches are transformed into alternative biomass fuel for the production process. This not only mitigates the natural impact of invasive species but also reduces dependence on coal.

For marine conservation, after discovering corals in Hoping EcoPort more than a decade ago, TCC has successively initiated various surveys and restoration actions. TCC has conducted Hoping EcoPort Bio Cube Coral Creation Project since 2021. Currently, more than 280 corals have been restored, with an overall restoration rate of 89%. Additionally, ecological surveys of fish and shellfish have been initiated.