Messages from the Management
Guardian of sustainable earth: CTCI Promotes Global Sustainability with Green Engineering
As global warming heats up, seeking concrete actions to accelerate carbon reduction has become the goal of all walks of life. As a leading global engineering, procurement, and construction (EPC) project contractor in Taiwan and one of the top 100 globally, CTCI has contracted projects ranging from solar, water, and wind-related industries to large-scale infrastructures closely related to people’s lives such as electricity, resource recycling and reuse, and mass rapid transit (MRT), holding sway on the sustainable development of this land. CTCI has implemented the ESG vision of being “A Guardian of Sustainable Earth” in response to the challenges posed by climate change, encouraging all employees to practice sustainability through their core business operations. Additionally, centered on “green ngineering” that takes both the economy and the environment into consideration, CTCI collaborates actively with international partners to develop “low carbon supply chain” and implement “net-zero emissions”, fostering overall progress and sustainable development. CTCI is committed to integrating the concept of sustainability into the corporate culture, and strengthens the promotion of three major aspects: governance (G), social participation (S), and environmental protection (E), making sustainability the core competitiveness and DNA of the Company.
Full Commitment to ESG: Leading the World in Sustainability Performance
In terms of governance (G), CTCI has deeply ingrained environment, social and governance (ESG) concept into employees’ daily work. According to the “Employee Engagement” survey conducted by an external unit in 2023, the recognition rate of ESG among employees reached 86%, ranking first in all topics. The excellent ESG performance displayed has won multiple external awards and recognitions. CTCI is the first engineering company in Taiwan to be selected as a component of the Dow Jones Sustainability Emerging Markets Index for 9 years in a row, and sustaining its position in the top 1% of the S&P Global Sustainability Yearbook.
As a leader in the engineering industry in Taiwan, CTCI actively promotes carbon emissions reduction and transformation development of the industry. Hereby, the group promotes “ESG for All Staff”, encouraging colleagues to propose innovative ideas from their work and convening “Sustainability and Net-Zero Progress Meetings” monthly; to date, over 100 energy-saving and carbon-reduction innovative proposals have been successfully applied across various construction processes. “Net-zero” has also been included as one of the KPI performance measures, aiming to achieve sustainability goals.
Additionally, CTCI has set its carbon reduction targets according to the Science Based Targets initiative (SBTi) 1.5°C pathway standard, aiming for a 45% reduction by 2030 compared to the baseline year of 2022, and achieving net-zero emissions by 2050. CTCI also actively participates in sustainable organizations and advocacy initiatives with green commitments, acting as a founding member of “Taiwan Alliance for Net Zero Emission” and “Taiwan Net Zero Emissions Association”, and convening the “Carbon Capture Group” of the Taiwan-US Carbon Capture, Utilization and Storage (CCUS) Industries Promotion Alliance (TUCA) to further demonstrate its impact on sustainable engineering.
Innovative Green Engineering: Collaborating with Global Partners for Earth's Sustainability
In terms of environmental protection (E), CTCI is committed to sustainable development through its core engineering expertise, actively promoting “green engineering”. Integrating cross-field experiences and green technologies such as carbon emissions reduction, energy saving, pollution removal, waste reduction, and resources recycling, CTCI provides clients with comprehensive net-zero sustainability solutions by adopting a holistic lifecycle approach. Additionally, with its innovative research and development of smart value-added services including iEPC and digital twin integrating green energy and intelligence, CTCI accelerates the effectiveness of energy conservation and emissions reduction, striving to contribute to the sustainable development of the planet. For the detail of “green engineering”, please refer to a certain section in this report.
Through the promotion of “green engineering”, CTCI is steadily moving towards the “Net Zero Goal” while proactively exerting its influence by working with owners and supply chain partners to establish a “Green Supply Chain”, establishing “CTCI Net Zero Supplier Alliance” and holding “Taiwan Sustainable Engineering Forum” every year. CTCI hopes to lead the engineering industry in the implementation of sustainable development collaboratively.
Recognizing the importance of biodiversity protection in achieving global sustainability, CTCI launches the“Nature Vitality with Green Water”biodiversity project by drawing on its extensive experience in the water resources sector combined with the biodiversity awareness. This initiative prioritizes ecological protection by incorporating biodiversity concerns into engineering, procurement, and construction phases at global operational sites, with the goal of achieving No Net Loss (NNL) of nature and biodiversity by 2030 and Net Positive Impact (NPI) as well as Zero Deforestation by 2050. In addition, CTCI engages in external advocacy efforts, signing Business for Nature Call to Action and becoming one of the pioneering enterprises to participate in the Taskforce on Nature-related Financial Disclosures (TNFD), demonstrating CTCI’s commitment to ecosystem and biodiversity conservation through multifaceted actions.
Cultivating Global Talent with Diversity, Equity and Inclusion (DEI)
In terms of social engagement (S), CTCI has implemented a comprehensive human rights policy, resulting in a workplace environment that values merit-based hiring, respects diversity, demonstrates inclusiveness, and promotes sharing and international perspectives. Initiatives include maternal health seminars, subsidizing over 20 different societies, and hosting multicultural events. CTCI aims to foster a positive corporate culture by implementing Diversity, Equity, and Inclusion (DEI) workplace policies. In addition, CTCI is dedicated to talent development, particularly the promotion of engineering education globally. To that end, CTCI established a digital learning platform “CTCI University”, setting the industry standard for talent training. CTCI University also provides “CTCI Learning” that allows the public to access a selection of CTCI University courses for free.
In addition, founded in 2015, CTCI Education Foundation focuses on promoting sustainable engineering construction and education and assisting the nation in moving towards sustainable development. Over the years, CTCI Education Foundation has co-organized forums, workshops, scholarship programs and other educational promotion activities to cultivate sustainable and innovative talents and reward sustainable and forward-looking research. In 2023, a total of 19 projects and 151 events were held, attracting over 10,000 people to attend. The results of CTCI Education Foundation’s long-term efforts have been recognized by the “United Nations Framework Convention on Climate Change” (UNFCCC). In 2022, CTCI Education Foundation became the 11th nongovernmental organization (NGO) observer in Taiwan, acting as a voice for Taiwan in the world. In 2023, CTCI was invited to participate in the 28th Conference of the Parties (COP28) along with CTCI Education foundation. CTCI’s Chief Sustainability Officer served as a representative of Taiwanese enterprises at “Taiwan Green Economy Development Experience” forum hosted by the Ministry of Economic Affairs, sharing “CTCI Group's Path to Sustainability and Net
Zero” with the world.
Conclusion
Since its establishment more than 40 years ago, CTCI has always been committed to giving full play to the influence of engineering. In the face of the challenge of climate change, CTCI people around the world have been committed to “green engineering” that takes into account both the economy and the environment, and work with the industry to build an eco-friendly environment, dedicated to realizing the ESG vision as a Guardian of Sustainable Earth.