Nanya Technology Released Its 1st TCFD Report

July 20th, 2022 – Nanya Technology released its first TCFD Report in 2022. The Report sets out the methodology used by Nanya to identify and assess climate change risks during our operations and production processes, the potential influence on financial performance, and the management measures taken to strengthen climate resilience. Nanya Technology contributes our innovative energies through a low-carbon strategy, advanced processes, low-carbon products and green production model towards the common goal of mitigating global warming and promoting the sustainable development of global industries.

“In 2018, the TCFD framework was introduced into Nanya’s business operation. The Board of Directors worked through the Risk Management Committee and Corporate Sustainability Committee to supervise and make improvements to our operational risks in terms of “Governance”, “Risk Management”, “Strategy”, “Indicators and Goals.” In 2021, a total of 34 risks and opportunities were identified by Nanya. The biggest risk identified was the potential for increase in operating costs due to the imposition of carbon levies under the international trend towards net zero; the biggest opportunity was the energy-efficiency benefits and business opportunities from high-performance, energy-efficient DRAM products. Nanya also formally committed to Science Based Targets (SBT) at the end of 2021 and made a 25% reduction in greenhouse gas emissions by 2030 as our target.”, said Nanya Technology’s President, Dr. Pei-Ing Lee.

Nanya’s accomplishments in sustainability have been widely recognized. Accolades in 2021 included our inclusion on the CDP Climate Change “A-List” and a Leadership rating in water security, as well as the National Enterprise Environmental Protection Award. These reflected not only Nanya’s proactive response to climate change but also how the Company is continuing to learn and move forward on the path to sustainable development. Climate change is now an issue that all mankind must face. Nanya will continue to strengthen our governance and internalize climate risks to become operating risks. By mitigating GHG emissions through green products and a green production model, leveraging our influence and working together with all stakeholders we will help bring about a sustainable, low-carbon society.

Download 2021 TCFD Report