CHIMEI Corporation joined Singapore’s global carbon exchange Climate Impact X (CIX) in April this year, becoming one of the few Taiwanese enterprises to join the international carbon trading market. In June, CHIMEI became the first Taiwanese enterprise to complete carbon credits transaction and offsetting on the CIX. Recently, CHIMEI was introduced by CIX to participate in a promotional activity of the Natural Climate Solutions Alliance (NCSA), which is convened by the World Business Council for Sustainable Development (WBCSD).

Bayer, SAP, Unilever, as well as CHIMEI, were among the nine “NCS Leaders” recruited from around the world by the NCSA to produce a series of 2–3 minutes videos in which the company CEO or Chief Sustainability Officer promotes the principles of NCS and outlines the benefits of supporting NCS projects: produce carbon reduction, facilitate the protection of biodiversity, and create opportunities for local communities. CHIMEI was the only Asian manufacturer to be invited to this promotional activity, which is promoted on the WBCSD’s website and social media (LinkedIn and Twitter) and will also be promoted at the 2022 United Nations Climate Change Conference (COP27) in November. The hope is to take this opportunity to further raise global NCS awareness, thereby jointly achieving carbon reductions and the green vision at the social level.

CHIMEI is expected to propose short-term (2030) and long-term (2050) carbon reduction roadmaps for the Science Based Targets initiative (SBTi) by the end of 2022. The SBTi also encourages corporations to invest in carbon reduction solutions outside their value chains, including high-quality carbon credits, to contribute to societal net-zero.

Related links: WBCSD Press Relase, The NCS Leaders video series