Implementing Sustainable Development-Taipower and Sustainability-Taipower Sustainability Section - Taiwan Power Company

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Organizational Structure of the Sustainable Development Commission (SDC)

 

Taipower has established a Sustainable Development Commission (SDC). The Chairman of the Board serves as the Committee Director, and the President serves as the Deputy Committee Director. Commission Members include Vice Presidents and professional Chief Engineers and Administrators. The Commission comprises three steering committees and one project task force, namely the Management Development Steering Committee, the Sustainable Environment Steering Committee, the Social Responsibility Steering Committee, and the Task Force on Climate-Related Financial Disclosures. Each committee or task force is convened by a Deputy General Manager.

 

Through the three steering committees, the Commission addresses the areas of business development, environmental sustainability, and social responsibility. These units analyze external trends and policy developments, formulate long-term sustainable strategies, and identify Taipower's material issues. The Commission is also responsible for promoting Taipower's sustainability agenda and tracking the Company's short-, medium-, and long-term performance targets.

Organizational Structure of the Sustainable Development Commission


Organizational Structure of the Sustainable Development Commission

Actual Performance in 2024

 

Annually, under the Chairman's chairmanship at the Sustainable Development Committee meeting, Vice Presidents and external experts review and provide feedback on the Sustainable Development Plan and material issues proposed by the sustainability task force. Since $\mathbf{2021}$, the sustainable development outcomes have been reported to the Board of Directors.

 

Operating Mechanisms and Performance of the SDC

Through its three steering committees, the Sustainable Development Commission (SDC) analyzes external environmental and policy trends related to management development, environmental sustainability, and social responsibility. In 2023, Taipower additionally established the Task Force on Climate-Related Financial Disclosures (TCFD) to strengthen its climate change responses. The SDC is responsible for formulating the Company's long-term sustainable development strategy, identifying material topics, implementing sustainability-related initiatives, and tracking progress toward Taipower's short , medium , and long-term goals.

 
Meeting Name Responsibilities / Scope of Work 2024 Activities
Sustainability Committee Plan the Company's long-term sustainability direction, define material topics, and approve the sustainability strategy blueprint Held 1 meeting
Task Force Meeting Review sustainability plans and performance Held 2 meetings
Task Force on ClimateRelated Financial Disclosures Strengthen climate-related actions and information disclosure Held 4 meetings
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