Being a provider of basic petrochemical materials in Taiwan, CPC supports the government's net zero policy and Kaohsiung City government's "Net Zero Industry Alliance" by taking the initiative to plan, conduct, and validate product carbon footprint surveys. Using the methods introduced in ISO 14067, CPC takes quantitative measurements of greenhouse gases emitted in different stages of the product life cycle; this data not only facilitates calculation of product carbon footprint throughout a supply chain, but also allows analysis of emission hot spots that internal departments can make use of to identify areas where emission can be reduced, and devise effective reduction plans and risk control measures accordingly.
CPC's product carbon footprint survey was carried out over several phases; the first phase began in 2022, in which CPC completed carbon footprint survey and third-party validation for 21 products including petrochemical materials, chemical solvents, and lubricants. For the second phase, CPC will progressively complete carbon footprint survey for 489 of the Company's main products before 2024.
CPC was the first business in Taiwan to complete carbon footprint survey on petrochemical materials, and having the data validated by a third party was especially meaningful. In the future, midstream, downstream, and customers of the petrochemical industry will be able to determine their product carbon footprints based on CPC's emission coefficient, and take steps toward sustainability. In an attempt to exert greater green influence and help industry and supply chain partners adopt low-carbon, sustainable practices, CPC organized a "Product Carbon Footprint Survey Progress Report" at Kaohsiung Linyuan Petrochemical Complex in December 2022, during which the Environmental Protection Administration (EPA), Kaohsiung City Environmental Protection Bureau, subordinates of the Ministry of Economic Affairs, petrochemical members of the Net Zero Industry Alliance, paper makers, and downstream partners were invited to share experiences and tips on carbon survey. As an industry leader, CPC hopes to lead business partners toward achieving net zero emission.
CPC shares opportunities and experiences on carbon footprint survey of petrochemical products
Representatives from the industry, the government, and the academia were invited to exchange experience on carbon survey, and to lead the industry toward net zero emission