Green Operations

TCFD (Task Force on Climate-related Financial Disclosures) Framework

  • Governance

    The Board of Directors is responsible for decision-making and oversight of sustainability. Senior management and the Sustainability Development Committee assist with execution and reporting, while dedicated departments implement the relevant management systems and deliver training and awareness programs.

    Metrics and Targets

    Establish clear carbon-reduction indicators and strengthen sustainability communications to align with international environmental trends and net-zero goals.

  • Strategy

    • Consolidate historical data and conduct TCFD climate risk-and-opportunity workshops, inviting relevant departments to identify and assess the climate-related risks and opportunities faced by operations in light of their respective business responsibilities.
    • Disclose in line with the TCFD framework, and prudently evaluate the use of scenario analysis to determine the feasibility of different risk-and-opportunity scenarios.

  • Risk Management

    Transition Risks
    • Risk: Rising energy costs; shifts in market demand.
    • Response Strategy: Mitigate transition risk through energy-saving and carbon-reduction initiatives, implementation of green-management systems, supply-chain optimization, and low-carbon innovation.
    Physical Risks
    • Risk: Increasingly extreme climate conditions.
    • Response Strategy: Promote water management, strengthen the supply chain, and advance renewable-energy projects.

At COP29, the UN noted that 2024 was likely the hottest year on record, with the global average temperature exceeding the preindustrial level by 1.5℃ for the first time. Scientists warn that, without stronger decarbonization action, global temperatures could rise to 3.1℃ by the end of this century—far above the Paris Agreement target. The World Economic Forum's Global Risks Report 2024 likewise ranks environmental risks among the most severe threats over the next decade, including extreme weather events, major changes in Earth systems, loss of biodiversity and ecosystem collapse, natural-resource shortages, and environmental pollution.
Against this backdrop, early identification of climate-related risks and opportunities—together with strengthened adaptation and reduced operational impacts—has become an urgent task in sustainable development. In 2024, Ventec adopted the TCFD framework to disclose our governance of climate risks and opportunities across the four pillars of Governance, Strategy, Risk Management, and Metrics & Targets, and formulated corresponding climate actions to enhance organizational resilience.

Climate-Change Governance Structure

Ventec designates the Board of Directors as the highest supervisory body for sustainability, tasking it with overseeing the Company's sustainability practice and regularly reviewing effectiveness for continuous improvement. The Board authorizes senior management to handle sustainability-related matters and to report the handling status back to the Board. In 2025, Ventec established a Board-level Sustainability Committee responsible for promoting sustainability policies and related management guidelines and for providing periodic reports to the Board. Working across all levels, we have built a climate-change governance structure to drive climate action and mitigate the operational impacts of climate change.

  • Board of Directors
    • Approve promotion plans for climate and other sustainability issues; supervise and evaluate the effectiveness of sustainability implementation.
    • Propose the sustainability vision and mission, and assist in formulating management policies.
  • Senior Management
    • Handle climate and other sustainability issues arising from business operations, and report to the Board on a regular basis.
  • Sustainability Committee
    • Propose and execute climate and sustainability policies, systems, and concrete action plans, and report to the Board periodically
  • Responsible
    • Departments Implement and maintain the environmental management system; regularly provide environmental training for management and employees.

Greenhouse Gas (GHG) Emissions and Management

As key actors in economic activity, companies' GHG and carbon emissions arising from operations are central to global climate governance. For many years Ventec has conducted voluntary GHG inventories with reference to ISO 14064-1:2018, setting organizational boundaries under the operational control approach. The inventory covers our principal operating sites—Suzhou, Taiwan, Shenzhen, and Jiangyin—for Scope 1 and Scope 2 emissions; phased inclusion of Scope 3 is being evaluated.
In 2024 Ventec's total GHG emissions were 16,106.33 tCO2e. Scope 1 emissions were mainly from stationary sources, while Scope 2 emissions were mainly from purchased electricity, which is also our primary source of emissions. Compared with 2023, Scope 1 decreased by 21.57% and Scope 2 decreased by 5.73%, primarily due to lower production volume in 2024.

GHG Emissions, Past Two Years (tCO₂e)
  • 4,537.11
    2023
    3,558.42
    2024
    Scope 1
  • 13,310.76
    2023
    12,547.91
    2024
    Scope 2
2024 Scope 1 and Scope 2 GHG Emissions by Site (tCO₂e)
SiteSuzhouTaiwanShenzhenShenzhenTotal
Scope 1Stationary2,950.09211.2537.24269.843,558.42
Mobile-22.38--
Fugitive39.598.427.7511.86
Process----
Scope 2Energy Indirect9,064.751,311.67139.592,031.9012,547.91
Annual Output (metric tons)90,640.0028,618.9251,284.803,960.00174,503.72
Total Emissions (tCO₂e)12,054.431,553.72184.582,313.6016,106.33
EmissionsIntensity (tCO₂e/ton)0.130.050.0040.580.09

Notes
1. The inventory adopts the operational control method. Emissions are calculated as activity data × emission factor × GWP, using IPCC Fourth Assessment Report GWP values.
2. GHGs include the seven categories: N₂O, CH₄, CO₂, HFCs, PFCs, SF₆, and NF₃.
3. The grid emission factor used for electricity is 0.529 kg CO₂e/kWh for all four plants.
4. Emissions intensity = total emissions (tCO₂e) ÷ annual output (metric tons).

  • Taiwan
  • Suzhou Plants
  • Shenzhen Plants
  • Jiangyin Plant
  • Germany Office
  • United Kingdom Office
  • United States Office
  • Thailand office