- Climate Change Risk
Climate Change Risk
BizLink adopted the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), and have gradually integrated these recommendations into our business decision-making to identify the risks and opportunities brought upon by climate change as well as to implement various initiatives to adapt to climate change and to minimize GHG emissions. BizLink also discloses to internal and external stakeholders the risks and opportunities brought upon by climate change on our operations：
Climate risk disclosure framework
|Risk Management||Indicators and Targets|
|Follow the trends of climate change; collect external information on markets, laws and regulations, and technology; take into account the likelihood and impact of climate change; identify major climate risks and opportunities that may affect our operations and implement the Plan-Do-Check-Act (PDCA) model; enhance our environmental management systems; and integrate climate change risk management into BizLink Group’s overall risk management system.||
Opportunities from Climate Change
|Climate Change Issues||Types of Financial Impact||Management Measures over Opportunities|
|Enhance sustainability/ESG indicators and ratings||By enhancing BizLink's corporate governance and sustainability-related assessment and ESG indicator ratings, more investors will be attracted from both at home and abroad, thereby increasing opportunities for funding.||1. Invest in existing manpower research and plan ESG improvement measures to enhance external ratings related to ESG.
2. Enhance information disclosure and reinforce communications with stakeholders to foster more understanding in the Company's financial and business positions as well as CSR actions.
|Develop new revenues from new environmental markets and products.||1. Develop customers from the renewable energy industries including solar energy and electric vehicles.
2. Develop low-carbon and green product solutions to address customers' new demand.
|1. Train the R&D unit and build their professional skills related to sustainable products.
2. Gradually increase the ratio of relevant products to satisfy customers' demand for low-carbon and green product solutions.