Climate-Related Risk
According to the WEF’s “Global Risk Report 2022”, the “Climate action failure risk” has surpassed the “Extreme weather risk” to become the No.1 risk in the world, showing that the climate crisis is a material issue that enterprises have to actively respond to without delay. For a complete assessment of climate-related risks and opportunities, SYSTEX refers to the Task Force on Climate-related Financial Disclosures (TCFD) as an analysis framework.
Task Force on Climate-related Financial Disclosures
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Details |
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Governance |
The highest governance level of the Sustainability Group is the Chairman. The Chief Sustainability Officer leads the Sustainability Group in assessing the potential risks and opportunities of climate crisis and acting accordingly on climate-related issues. |
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Strategy |
With the goal of “Net Zero by 2050”, SYSTEX has formulated its strategy to introduce 3 environment-related ISO certifications: ISO 14001, ISO 14064-1, ISO 50001, and to launch 5 action plans and targets based on the Environment and Energy Management Manual. |
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Risk Management |
Based on a number of identification management procedures, SYSTEX completes the risk and opportunity assessment and plans corresponding measures. Meanwhile, SYSTEX continuously pays attention to global climate-related trends and “Greenhouse Gas Reduction and Management Act” to evaluate the regulatory impact on SYSTEX and reduce climate-related financial risks. |
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Metrics and Targets |
SYSTEX has set short-, mid- and long-term goals for carbon emission management, energy management, water stewardship management, and ISO management system. |
For more details on SYSTEX TCFD analysis, please click the following link:
- For more information about SYSTEX environmentally sustainable actions, please refer to “Environment Sustainability“.