As the first private enterprise in Taiwan to be allocated carbon credits by the Ministry of Environment, CHIMEI Corporation has long been involved in the development of carbon credit trading markets both domestically and internationally. Today, Mr. Denis Chen, Vice President of CHIMEI Corporation, represented the company at the launch ceremony of the Domestic Carbon Credit Exchange Platform hosted by the Taiwan Carbon Solution Exchange (TCX). CHIMEI participated in the platform’s first batch of trade through its "Natural Gas Replacing Heavy Oil Offset Project," becoming the seller with the largest number of listed credits.

Since 2007, CHIMEI has been conducting carbon footprint assessments and officially obtained approval from the Science Based Targets initiative (SBTi) in 2023. The company is committed to achieving a 42% reduction in carbon emissions by 2030 and carbon neutrality by 2050. The carbon credits traded in this transaction were generated from the earlier Natural Gas Replacement for Heavy Oil Offset Project, which aims to switch the fuel of steam boilers in CHIMEI's plants from heavy oil to natural gas to reduce greenhouse gas emissions. This initiative not only improved boiler combustion efficiency but also made a significant contribution to environmental sustainability. The project was approved in 2013 and obtained the first batch of over 100,000 tons of emission reduction credits in 2018. The second batch of credits is currently under review. CHIMEI's carbon reduction plan, which references international standards, involves regular inspections of combustion efficiency to ensure that carbon reduction targets are met. Purchasers of these carbon credits can use them for carbon neutrality in their operations or for other purposes that comply with environmental regulations. The revenue from CHIMEI's carbon credit trading will be invested back into CHIMEI's internal operations and its supply chain, serving as a long-term fund for carbon neutrality development.

CHIMEI has also been actively expanding the application of carbon credits within the company. In late 2023, the company acquired 10,000 tons of international carbon credits in the first international carbon credit trading conducted by the Taiwan Carbon Solution Exchange (TCX). These credits will be specifically used to achieve carbon neutrality for employee commuting, international travel, and international exhibitions. CHIMEI also hopes to utilize the carbon credit trading to assist developing countries in achieving multiple United Nations Sustainable Development Goals (SDGs), such as good health and well-being and promoting women's employment.

Since 2007, CHIMEI has reduced its carbon emissions (Scope 1+2) by over 500,000 tons. The company will continue to intensify its internal carbon reduction efforts and encourages more enterprises to join the carbon neutrality initiative. By transforming carbon reduction actions into social impact and corporate competitiveness, CHIMEI aims to contribute to sustainable environmental development.