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Sinyi made CDP’s climate change A List

CDP

Sinyi Realty participated in the Carbon Disclosure Project (CDP) Climate Change Questionnaire in 2021 and won the highest grade "A." In 2021, a total of 248 companies in Taiwan participated in the CDP Climate Change Questionnaire. Finally, 90 companies were selected to be evaluated, and only 5 companies have made the highest level of "A List," and only Sinyi Realty in the service industry has received this honor.

Sinyi Realty keep concerning about climate-related issues, and incorporates climate change into the company's risk management. The Board of Directors serves as the highest supervisory unit for risk management, identify the high risk factors of climate to the company, carry out climate governance strategies and goals accordingly, and fully disclosure climate governance-related information. Through independent third-party verification, Sinyi has obtained the Task Force on Climate-Related Financial Disclosures (TCFD) Conformity Statement, and the maturity model is rated as [Level-5: Excellence] grade.

Sinyi Realty not only actively manages climate-related risks, but also takes the transformation of low-carbon services and supporting renewable energy development as its main strategy, and has formulated action plans to achieve the 2030 goals: reduce GHG emissions by 90% (category 1&2, base year: 2017), and 100% of renewable energy consumption.

In August 2021, Sinyi Realty has set a science-based carbon emission target to help keep warming to 1.5°C reviewed by The Science Based Targets initiative (SBTi). Sinyi is currently one of the only 2 companies in Taiwan, which has achieved relatively leading opportunities.

Sinyi Realty has applied to voluntarily fill out the CDP Climate Change Questionnaire since 2020, and won an A- in 2020 for the first time participating.

2021 A-List companies and scoring methods      TCFD Conformity Statement
About Carbon Disclosure Project (CDP)

CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Each year, CDP takes the information supplied in its annual reporting process and scores companies and cities based on their journey through disclosure and towards environmental leadership. Through their independent scoring methodology, they measure corporate and city progress and incentivize action on climate change, forests and water security.

By scoring companies from D- to A, they take companies and cities on a journey through disclosure to awareness, management, and finally to leadership. The scoring measures the comprehensiveness of disclosure, awareness and management of environmental risks and best practices associated with environmental leadership, such as setting ambitious and meaningful targets.

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