Environment
Climate Change Mitigation and Management
We assess our business operations for climate change risks and develop a strategic plan to manage these risks. This includes estimating the financial impact and implementing measures to address climate change issues.
Climate Change Adaptation and Management
| Risk Categories | Identification | Impact on Operations | Management Measures |
|---|---|---|---|
| Physical Related | Equipment damage | Weather disasters interrupt operations, causing service disruptions to information maintenance hosts and physical branches. | Enhance emergency power supply and backups for information systems, and implement preemptive measures for physical branches. |
| Transformation | Customer Default | Climate change affects customers, leading to credit defaults. | Weekly review of customer accounts for abnormalities and prompt communication. |
| Higher raw material costs | Rising costs of bulk commodity raw materials due to climate change impact operating expenses. | Monitor raw materal price fluctuations. | |
| Control of GHG emissions | The overall temperature rise caused by climate change indirectly burdens the company's air conditioning equipment. | Plan equipment replacement during company-wide maintenance, considering carbon emissions and equipment efficiency. | |
| Control of GHG emissions | Policy Incentives | When replacing equipment, seek energy-saving subsidies based on government policies. | Review government policies and apply for subsidies with relevant data. |
| Market-Related | New business opportunities | Demand exists for low-carbon and eco-friendly products like electric vehicles, autonomous vehicles, and unmanned stores | Continuously increasing the proportion of eco-friendly industries in line with low-carbon and green energy trends. |