Greenhouse Gas and Energy Management

Everlight is committed to addressing international climate change and greenhouse gas reduction trends. We continuously implement energy use management and energy efficiency improvement measures to maximize energy usage efficiency and achieve “GHG reduction” goals. Additionally, to mitigate the impacts of climate change, we promote greenhouse gas inventory and emission reduction, and actively introduce various energy management systems and innovative technological equipment to advance energy-saving and carbon reduction measures.

Implementation Results in 2023

0%

Power Saving Percentage

0

GHG Emission Intensity
(tCO2e/million NTD in production value)

0

Energy Intensity
(GJ/million NTD in production value)

Positive
The company effectively uses energy and manages greenhouse gas emissions, reducing negative environmental impacts.

Negative
Energy-saving plans that are not specific or poorly executed can increase production costs and the burden on natural resources.

Everlight’s energy management policy is to Enhance energy performance and move towards net-zero sustainability.

Headquarter | Environmental Management Committee

Plants | Environmental Management Team and Environmental Protection Units

We adopt the following practices to provide methods for greenhouse gas reduction and control:

  • Process and equipment optimization
  • Introduction of innovative management methods
  • Conducting greenhouse gas inventory following ISO 14064-1 or regulatory
    standards
  • Continuously promoting greenhouse gas reduction measures

Since 2022, we have adopted the latest version ISO 14064-1 standards and conducted verifications at all operational sites, as well as implemented ISO 50001 energy management system and conducted verifications. In 2023, we completed the carbon inventory for the parent company (including the operating headquarter, Taichung and Tainan offices, and Everlight Plant I, II, III, IV) according to the ISO 14064-1 and passed third-party verification. Additionally, Everlight Plant I, II, III also achieved ISO 50001 energy management system certification.

  • Adoption of energy-saving equipment
  • Systematization of energy management
  • Investment in renewable energy infrastructure
  • Establishment of a Climate Change Working Group
  • Enhancement of product energy use efficiency
  • Power Saving Percentage (%) = (Power Saved/Total Power Consumption + Power Saved) × 100%
  • Greenhouse Gas Emission Intensity = Total Greenhouse Gas Emissions (Scope 1 + Scope 2) (tCO2e/million NTD in production value)
  • Energy Intensity = Total Energy Consumption (GJ/million NTD in production value)
  • Environmental Management Review (once per year)
  • Sustainability Development Committee (twice per year)
  • Review policies and plans for plants (once per quarter)
  • Internal Environmental Management System Audit (once per year)
  • External Verification Unit (DNV) Environmental Management System Audit (once per year)

Shareholders/Investors

Customers/Brands

Suppliers/Contractors

Neighboring Communities

Government Agencies

Through regular/irregular communication in various forms.

Energy Management

In 2023, the Company’s total energy consumption is approximately 498.33×10³ GJ, of which purchased electricity accounts for 55%. Compared with 2022 (626.93×10³ GJ), the total energy consumption was reduced by 128.60×10³GJ (21%). This was mainly due to the replacement of outdated equipment (such as chillers, air compressors, ice makers) and the implementation of various energy-saving improvement measures, with an investment of around NTD 30 million. As a result, the consumption of electricity, diesel, natural gas and steam decreased by 17%, 12%, 21% and 30%, respectively, compared to the previous year. Overall energy intensity also decreased by 4% (68 and 72 GJ/million NTD in production value in 2023 and 2022, respectively). Everlight Plant II obtained self-generated solar power usage on March 1st, 2023, with an installation cost of 21.4 million NTD. By the end of 2023, our utilization rate (renewable energy/total energy) is 0.26%, with an estimated annual generation of 450,000 kWh, reducing carbon emissions by approximately 229 tCO2e.

Everlight planned to implement ISO 50001 in Plant I, II, III in 2022 and achieved certification in 2023. Some unplanned plants also sent seed members to participate in this study to gradually expanded to the subsidiaries. This is expected to help identify areas for improvement related to energy supply risks, continuously enhance overall performance, reduce energy consumption and costs. The Company also plans to obtain ISO 50001 certification for Everlight Plant IV and Trend Tone Imaging in 2024.

Historical Energy Intensity Information

Total Energy Consumption
(103 GJ)

Energy Intensity
(GJ per million NTD)

Historical Greenhouse Gas Emission Intensity Information

With the implementation of various energy consumption improvement measures, the greenhouse gas emission intensity in 2023 was 8.55, rounded to 8.6 tCO2e/million NTD in production value.  Although there was no significant decrease compared to 2022 (8.6 tCO2e per million NTD in production value), it still met the 2023 target (8.7 tCO2e/million NTD in production value). Thanks to the efforts of all employees, the total greenhouse gas emissions for the year were 62,318 tCO2e, a decrease of approximately 17% from 2022 (75,286 tCO2e). Overall, we continue to work diligently according to the Group’s carbon reduction plan, including replacing high-energy-consuming equipment and continuously improving processes.

Total tCO2e

GHG Emission Intensity

Energy Saving and Carbon Reduction Results

Special Report

Through continuous efforts and innovation, we have made significant progress in reducing greenhouse gas emissions and improving energy management efficiency. We have not only achieved excellent results in reducing energy consumption and greenhouse gas emissions, but also improved overall operational efficiency and made positive contributions to achieving our sustainable development goals.

Climate change and issues posed by climate policy, emerging technologies and carbon pricing are all bringing changes and impacts to operations. Everlight has set a 25% emission reduction target by 2030 with reference to the 2030 emission reduction target proposed by the National Development Council at the end of 2022. We also conduct climate change-related financial disclosures (TCFD) and promote various carbon reduction plans and initiatives to support the 2050 net-zero carbon emission target.

Firstly, we optimized processes and equipment, and implemented ISO 50001 energy management system to more effectively monitor and control energy consumption. We also followed the ISO 14064-1 standards and continuously promoted greenhouse gas reduction measures to reduce emissions. Additionally, we actively adopted energy-saving equipments, systematized energy management, and invested in renewable energy infrastructure to reduce dependence on traditional energy sources.

Starting in 2021, we promoted energy-saving and carbon reduction projects, including the replacement of outdated equipment (such as chillers, air compressors and ice makers) and the implementation of various energy-saving measures and process and equipment improvements. The target of these energy-saving and carbon reduction measures is to save at least 1% of electricity annually【Note 1】. In 2023, we saved a total of 1,231,000 kWh of electricity, reducing carbon emissions by approximately 609 tCO2e, which is equivalent to the annual carbon absorption of 50,750 trees【Note 2】. This equates to approximately 4,435 GJ of energy saved, a total electricity savings of 1.5%.

Note 1:
The calculation of electricity savings and carbon reduction in 2023 is based on the latest “2022 Electricity Carbon Emission Factor = 0.495 kg CO2e/kWh” and the relevant energy coefficient values from the 2022 Energy Statistics Handbook announced by Energy Administration, Ministry of Economic Affairs.

Note 2:
According to the article “Contribution of trees to the environment” published by Environmental Quality Protection Foundation, 

each tree absorbs approximately 12 kg CO2e annually. Therefore, 609 tons divided by 0.012 tons CO2e per tree is approximately equivalent to the annual carbon absorption of 50,750 trees.

Note 1:
Heat Value Saved (kcal) = [Electricity Saved (thousand kWh) × Electricity Heat Value (8.6 × 10⁵ kcal/thousand kWh)]

Note 2:
Carbon Emissions Saved (tCO2e) = [Electricity Saved (thousand kWh)×Latest Annual Electricity Carbon Emission Factor (0.495 tCO2e/
thousand kWh)].

Note 3:
Energy Saved (GJ) = [Heat Value Saved (kcal)×Heat Value Coefficient (4.187 × 10³ joules (J)/kcal)]÷109

Note 4:
All statistics in the table are rounded to the nearest integer.

Note 5:
The scope of the above carbon emission reduction performance conversion is Scope 2.

Historical Ozone-Depleting Substances (ODS) Emission Information

Everlight has gradually reduced the use of ozone-depleting substances (ODS) refrigerants over the years

Note 1:
The ODP value of R22 refrigerant is 0.055 (according to the Montreal Protocol), and the ODP value of CFC-11 is 1. The usage of R22 refrigerant is converted to CFC-11 equivalent (tons) as shown in the above data.

Note 2:
The ODS emissions are calculated based on the Ozone Depletion Potential (ODP) coefficients listed in the annex of the Montreal Protocol.

Greenhouse Gas Management Performance

Regarding greenhouse gas inventory and energy use management, Everlight has established three management indicators: (1) Power Saving Percentage, (2) Greenhouse Gas Emission Intensity (tCO2e/million NTD in production value), and (3) Energy Intensity (GJ/million NTD in production value). In 2023, Everlight Group continued to demonstrate progress towards the Net-Zero mid-term target set for 2025, as declared in 2022.

Historical Management Indicators and Mid-term Target Achievement

Note 1:
In 2022, external consultants assisted in planning energy saving and carbon reduction, and adjustments were made to the short, medium,
and long-term reduction targets for energy intensity and greenhouse gas emission intensity.

Note 2:
The reduction in production capacity due to the COVID-19 pandemic and the increase in the production of some energy-intensive products
are the main reasons.

Note 3:
The verification method for refrigerant emissions in 2022 was based on equipment refrigerant leakage, differing from the previous selfinventory
method that used refrigerant purchase and replenishment amounts. Therefore, the inventory was standardized to the verified equipment refrigerant leakage method. Although the revised historical carbon emission data differ slightly from previously disclosed figures, they do not affect the previously set medium and long-term targets.

Note 4:
Considering the significant differences in product combination/process characteristics over the past two years compared to 2021, the
medium and long-term targets for energy intensity have been adjusted .

Disclosure

  • Detailed Energy Consumption Statistics (2019-2023)