Potential offtaker

Cheng Mei Materials Technology Corporation

www.cmmt.com.tw

Estimated electricity consumption

N/A

Countries of production presence

N/A

CHIMEI Corporation is a Taiwanese company that operates in the chemicals sector. The company was founded in 1960 and has since grown to become one of the leading chemical manufacturers in Taiwan. CHIMEI Corporation has a diverse range of products, including plastics, synthetic rubber, and specialty chemicals. The company has a strong commitment to sustainability and has implemented several initiatives to reduce its carbon footprint.

Decarbonisation is a key focus area for CHIMEI Corporation. The company is committed to reducing its greenhouse gas emissions and has set a target to achieve carbon neutrality by 2050. To achieve this goal, CHIMEI Corporation is investing in renewable energy and energy efficiency measures. The company is also exploring new technologies and processes that can help reduce its carbon footprint.

Corporate energy is another area of focus for CHIMEI Corporation. The company is committed to reducing its energy consumption and has implemented several initiatives to achieve this goal. CHIMEI Corporation has invested in energy-efficient equipment and processes, and has also implemented an energy management system to monitor and control its energy use. The company is also exploring new technologies and solutions that can help reduce its energy consumption.

Corporate PPA is another initiative that CHIMEI Corporation has implemented to reduce its carbon footprint. The company has signed several power purchase agreements (PPAs) with renewable energy providers. These agreements allow CHIMEI Corporation to purchase renewable energy at a fixed price, which helps the company reduce its carbon footprint and lower its energy costs.

Renewable energy is a key focus area for CHIMEI Corporation. The company is committed to increasing its use of renewable energy and has set a target to generate 20% of its energy from renewable sources by 2025. To achieve this goal, CHIMEI Corporation is investing in solar and wind power projects. The company has also signed several PPAs with renewable energy providers to increase its use of renewable energy.

In addition to its sustainability initiatives, CHIMEI Corporation is also committed to social responsibility. The company has implemented several initiatives to support the communities in which it operates. CHIMEI Corporation has donated funds to support education and healthcare initiatives, and has also provided disaster relief support to communities affected by natural disasters.

Overall, CHIMEI Corporation is a leading chemical manufacturer in Taiwan that is committed to sustainability and social responsibility. The company has implemented several initiatives to reduce its carbon footprint, increase its use of renewable energy, and support the communities in which it operates. CHIMEI Corporation is a leader in the chemicals sector and is setting an example for other companies to follow in terms of sustainability and social responsibility.

✓ Science Based Targets member
✓ Declared Net Zero commitment