Pursuit of Excellence, Progress from Stability, Sustainable Transformation of Value Circulation, Social Inclusion with Stakeholders
Building an integrated papermaking base in Vietnam Transforming into a new low-carbon & green energy paper company
With a 60-year history, we tirelessly establish circular economy locations globally, guided by three principles: circular economy, low-carbon and green energy, and innovation. Our notable projects encompass biomass CFB boiler systems at ChuPei Mill, recycled pulp lines of Tayuan Mill, and various paper production facilities. CLC Bac Giang Box Plant, Ben Cat Box Plant and Binh Duong Paper Mill Phase II, and the first box plant in northern Vietnam start the commercial operations in 2023H1. Alongside our integrated papermaking base with a capacity exceeding one million metric tons. Moreover, we are commissioning our third industrial paper line, propelling CLC's transformation into a leading low-carbon and green energy paper company in Asia.
Deploying 3R PLUS total circular economy Implementing low-carbon smart paper
Capturing the zero-emission business opportunities, we smoothly completed the NT$12.6 billion syndicated loan for low-carbon smart papermaking transformation in 2022. Apart from continuously increasing the number of circular economy locations around the globe, we will expand the scale of recycling technology and combine with investments in green power facilities such as including wind power, photovoltaic, biogas, and biomass power to develop carbon neutralization pathways that are eco-friendlier to the local environment. To turn global climate change risks into opportunities, we activated the "Smart Paper 4.0" low-emission transformation in 2019 to scale up green influence with smart production and sales. In addition, we to implement four scientific carbon reduction pathways: enhance energy efficiency; develop renewables; strengthen circular, low-emission fuels; and innovate application of carbon negative technology by establishing the "Climate Change and Circular Economy Office". In 2022, we also established Asia's first "Academy of Circular Economy" in collaboration with 11 corporations and National Chung Hsing University dedicated to engaging in the recycling and reuse of agricultural and forest surplus materials, developing the roadmap for 3R PLUS total resource circulation and thereby optimizing sustainable competitiveness. To make the green supply chain a reality, we took the lead to form the "Industrial Paper Carbon Neutrality Alliance," Taiwan's first carbon reduction appliance for industrial paper, to support the "getting seniors to help juniors "policy of the IDB so as to demonstrate our leadership influence.
Developing S.M.A.R.T. talents keeping up with the times
In 2022, we successfully secured a NT$12.6 billion syndicated loan for our low-carbon smart papermaking initiatives. We continue to expand our global presence in circular economy locations, investing in recycling technology and green power facilities such as wind, solar, biogas, and biomass power. Our "Smart Paper 4.0" initiative drives smart production and sales to create a greener impact. To reduce carbon emissions, we focus on four pathways: enhancing energy efficiency, developing renewable energy, utilizing circular low-emission fuels, and implementing carbon negative technology. Our dedicated "Climate Change and Circular Economy Office" oversees these efforts. Additionally, we collaborated with 11 corporations and National Chung Hsing University to establish Asia's first "Academy of Circular Economy" in 2022. This academy focuses on recycling agricultural and forest materials, optimizing sustainable competitiveness, and developing the roadmap for total resource circulation (3R PLUS). Furthermore, we initiated the "Industrial Paper Carbon Neutrality Alliance," supporting the IDB's policy of mentoring new companies and promoting a green supply chain.
Strengthening enterprise risk management towards new globalization
The year 2023 will be characterized by challenge and the emerging geopolitical risk also announces the advent of new globalization. Hence, it is necessary for international companies to actively develop productivity around the globe to meet the local demands. Apart from coordinating with industry development, we will dynamically review medium- and long-term investment plans and strategies and develop and enforce glocalization and actively strengthen enterprise risk management to ensure the continuity of key operations and services. Looking out to 2023, we will continuously focus on innovation strategies, lead CLC to scientifically practice zero-waste and green energy governance, and guide the supply chain to comply with the principles of sustainable development so as to advance net-zero smart papermaking alongside various stakeholders.