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Forwell passed PMC ISO 14064-1 greenhouse gas carbon footprint verification and is a pioneer in ESG

2024/04/08 By Chen Renyi

The heat wave of ESG sustainability standards has now become a global movement. The promotion and implementation of environmental sustainability is the consensus of all people in the global village. All countries are actively trying to welcome the arrival of the new ESG century. As far as the machinery industry is concerned, the implementation of ESG requires comprehensive efforts in management, environment, society, corporate governance and other aspects to ensure that enterprises can also fulfill social responsibilities while developing economically. The implementation of ESG by enterprises is not only a manifestation of corporate social responsibility, but also It is an important driver of trends and future benefits.

Xiao Wenlong, president of Forwell Technology Group and executive director of the Taiwan Machinery Association, said that more and more corporate investors are now incorporating ESG into investment decisions. This is regarded as a key indicator for assessing the long-term value and risk of enterprises. Implementing ESG will help Attract socially responsible investors and improve the attractiveness of companies in the financial market. In particular, many countries and regions are strengthening ESG regulatory requirements for companies. Complying with ESG regulations not only helps companies avoid legal risks, but also helps establish a solid business foundation and can cope with regulatory requirements that may intensify in the future.

Xiao Wenlong suggested that when the machinery industry implements ESG energy conservation and carbon reduction measures, it can focus on technological innovation and upgrading, production process optimization, renewable energy application, supply chain greening, employee training and participation, carbon footprint measurement and reporting, setting carbon We will improve and set goals in seven major areas including neutralization goals and gradually advance. First of all, we can start with employee training and participation, establish a training plan, improve employees' understanding and participation in energy conservation and carbon reduction, and encourage employees to make suggestions for improvement, because employee participation is crucial to achieving energy conservation goals. At the same time, set up The carbon footprint monitoring system regularly measures and evaluates the company's carbon emissions, reports these data transparently, and demonstrates the company's progress in energy conservation and carbon reduction to stakeholders.

In particular, the goals of all the above improvement measures should be specific, measurable and trackable, and consistent with the company's long-term strategy and ESG goals. Through these efforts, machinery companies can achieve substantial progress in energy conservation and carbon reduction, and at the same time Improve its image of sustainable development and conduct supply chain supervision to ensure that suppliers also meet environmental standards.

Recently, Forwell Precision Machinery Company and Forwell Company, both affiliated to Forwell Group, have simultaneously passed the PMC ISO 14064-1 greenhouse gas carbon footprint verification. This verification certification requires voluntary disclosure of carbon dioxide, methane, nitrous oxide, and hydrofluorocarbons. The total emissions of the seven major greenhouse gases including perfluorocarbons, sulfur hexafluoride, and trifluorocarbons (the greenhouse gases emitted by Forwell and Forwell are only the top three), and the emissions of these greenhouse gases will start from Generated from commuting transportation, electricity consumption, waste, water and fertilizer and other daily office and manufacturing processes, the categories can be subdivided into (1) direct greenhouse gas emissions: stationary combustion, mobile combustion, manufacturing processes, escape ; (2) Indirect greenhouse gas emissions from input energy: input energy; (3) Indirect greenhouse gas emissions from transportation: emissions from upstream transportation of raw materials and employee commuting; (4) Indirect greenhouse gas emissions from products used by the organization : Emissions from purchased goods, emissions from disposal of solid and liquid waste.

Xiao Wenlong, President of Forwell Group, emphasized that the implementation of ESG is not only an inevitable trend in response to current social expectations, but also a strategic move to create value for enterprises and promote long-term development. By establishing sustainable business practices, enterprises can compete fiercely in the future. Stronger and more flexible operations in the market environment.

Xiao Wenlong, President of Forwell Group and Executive Director of Taiwan Machinery Association.

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