Awaring climate change has become one of the biggest challenges of the present and the future, CTGI is proactively responding to this global issue. We consistently support the goals of the Paris Agreement and have taken actions to support further climate-related disclosures.
Governance
At corporate governance level, Board of Directors of CTGI, through its ESG and Related-party Transaction Committee, pays highest attention to and makes descision on climate-related issues, including analyzing climate-related risks and opportunities, setting corresponding strategy, establishing risk management and formulating matrics and targets. CTGI's ESG Office, at executive level takes the responsibility for setting up a working group special for carbon neutrality issues.
Strategy
The actual and potential risks and opportunities on CTGI's business, strategy and financial planning
CTGI sees itself as a contributor to climate governance through the following aspects:
Investing in green energy
Facilitating green industrial chain
Participating in green innovation
Utilizing in green finance
Promoting green standards
Risk management
The processes used by CTGI to identify, assess and manage climate-related risks. CTGI is to review and adopt the methodology and disclosure recommendations provided by the Task Force on Climate-related Financial Disclosures(TCFD)
Metrics and targets
Metrics and targets are used to assess and manage relevant climate-related risks and opportunities. CTGI plans to set a carbon neutrality target by the end of 2024, with a road map to achieving carbon neutrality
We aim to promote the development of clean energy, improve energy efficiency by optimizing the energy system, gradually reduce the emission density of greenhouse gases (Scope 1 and Scope 2), and ultimately achieve the long-term goal of carbon neutrality in our operations.
