Sustainable Engineering
Strengthen Climate Resilience
Climate-Related Financial Disclosures
CTCI introduces the TCFD and TNFD frameworks to assess the physical and transition risks related to climate change, measure and calculate the climate change impacts faced by itself, its suppliers and value chain partners, and promote climate-related financial disclosure and communication among stakeholders (For TNFD related assessment, please refer to Biodiversity). CTCI recognizes the importance of climate issues and proactively engages in climate risk and opportunity assessment. CTCI officially signed up as a TCFD supporter as early as October 2022 and uses the TCFD framework to examine potential climate risks and opportunities for management to reduce risks and seize development opportunities. The Company has published annual Climate-Related Financial Disclosures Report since 2022 and further expanded to a Climate & Nature-Related Financial Disclosures Report in 2024.
Identify major climate risks and opportunities
CTCI designs a survey based on the types of TCFD physical risks (acute, chronic) and transition risks (policy and legal, technology, market, and reputation), evaluates the impact of business orientation and operational orientation from the perspective of the value chain (organization, suppliers, and clients), and establishes a climate risk opportunity matrix to identify major climate risks and opportunity projects in the short term (10 years), medium term (20 years), and long term (30 years).
