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GlobalWafers Co., Ltd. (GlobalWafers) is guided by its philosophy of “Responsible Growth,” and its greenhouse gas (GHG) reduction targets have been validated by the Science Based Targets initiative (SBTi), demonstrating that its decarbonization pathway is aligned with the global 1.5°C climate goal and supports its continued progress toward achieving net-zero emissions across its entire value chain by 2050.
Science‑Based Emission Reduction Targets: Driving Net-Zero Transformation Across the Value Chain
The Science Based Targets initiative is an internationally recognized framework for low-carbon transition, designed to assist corporations and organizations in setting GHG reduction targets in line with the latest climate science. Its standard framework ensures that corporate decarbonization targets are aligned with the decarbonization pathway of the Paris Agreement, supporting efforts to limit global warming to within 1.5°C above pre-industrial levels.
Regarding near-term targets, GlobalWafers commits to reducing absolute Scope 1 and Scope 2 GHG emissions by 63% by 2035 from a 2022 base year. For Scope 3, GlobalWafers focuses on three primary emission sources: “Purchased Goods and Services” (Category 1), “Capital Goods” (Category 2), and “Fuel- and Energy-Related Activities” (Category 3). GlobalWafers commits to reducing absolute GHG emissions from these categories by 37.5% by 2035 from a 2024 base year. In terms of long-term targets, GlobalWafers commits to reducing absolute Scope 1 and Scope 2 GHG emissions by 90% by 2050 from a 2022 base year. GlobalWafers also commits to reducing absolute GHG emissions across all Scope 3 categories by 90% by 2050 from a 2024 base year, and to achieve net-zero emissions across the entire value chain by 2050.
Extending decarbonization across the entire value chain requires companies to integrate their global operations and upstream and downstream supply networks, while advancing decarbonization transformation through long-term governance and systematic action. GlobalWafers will continue to follow the standards of the Science Based Targets initiative, deepen decarbonization management across the entire value chain, and collaborate with supply chain partners to advance GHG reduction action, strengthening the climate resilience and sustainable competitiveness of the overall value chain.
Driving Low-Carbon Transition: Deepening Operational Decarbonization and Value Chain Collaboration
GlobalWafers continues to advance its low-carbon transition, implementing decarbonization strategies across both operations and the value chain. In terms of internal operations, GlobalWafers promotes green manufacturing through process optimization and equipment upgrades, including replacement of high-efficiency equipment, adoption of heat pump technology, and process redesign, combined with improvements in energy efficiency, deployment of low-carbon technologies, and optimization of resource circularity, to reduce carbon emission intensity per unit of product. In parallel, GlobalWafers is expanding the use of renewable energy through multiple approaches, including the development of on-site solar power installations, the signing of long-term Power Purchase Agreements (PPAs), and the procurement of Renewable Energy Certificates (RECs). These efforts are steadily increasing the share of renewable energy across GlobalWafers’ global operations, supporting its commitment to achieving 100% Renewable Energy (RE100) across all global production sites by 2040. Furthermore, GlobalWafers has established an internal carbon pricing mechanism and supports natural carbon sinks and engineered carbon capture to enhance climate risk and opportunity management, strengthening overall operational resilience.
For value chain decarbonization, GlobalWafers has established a raw material supplier tiered management mechanism. This initiative encourages suppliers to conduct product carbon footprint inventories and obtain third-party verification. GlobalWafers also invites major emissions-intensive suppliers to commit to the Science Based Targets initiative (SBTi) and continuously tracks suppliers’ decarbonization pathway plans and execution progress. Meanwhile, the Company collaborates with key value chain partners to deepen decarbonization engagement and gradually expand the impact of its GHG reduction efforts across the entire semiconductor value chain.
Doris Hsu, Chairperson of GlobalWafers, stated: “GlobalWafers’ GHG reduction targets have been validated by the Science Based Targets initiative, confirming that the Group’s decarbonization pathway is aligned with internationally recognized climate science standards. In response to the global trend toward net-zero transition, We will continue to deepen green manufacturing and strengthen value chain collaboration, steadily advancing toward its GHG reduction targets. GlobalWafers regards sustainable development as a key foundation of long-term competitiveness, striving to create long-term, resilient, and sustainable value for the environment, society, and stakeholders.”