Climate Change Short-term target • IRPC’s direct and indirect greenhouse gas emissions in 2023 not exceeding 4.45 million tCO2eq. Long-term targets • Reducing direct and indirect GHG emissions by 20% below the GHG emissions baseline in 2018 (4.18 tCO2eq) projection for 2030. • Carbon neutrality by 2050 • Net Zero greenhouse gas emissions by 2060 Short-term/Long-term targets • In 2023, IRPC recorded 3.6 million tCO2eq of direct and indirect GHG emissions as planned, which the reduction is driven by energy conservation initiatives and manufacturing process improvement. • The use of renewable energy from floating solar in the company’s operations. 2023 Target Achievement • Performance Indicators of senior management • Performance indicators of the executive committee and employees at all levels Enterprise-level indicators To reduce greenhouse gas emissions to limit global warming and support SDG target 13 through production improvements and development of eco-friendly products Stakeholder Impact As the reality of climate change becomes more evident, there is a growing awareness of the urgent need for global action. In line with this imperative, the COP28 summit has called for immediate efforts to limit temperature rise to 1.5 ํC and achieve Net Zero emissions by 2050, signaling more stringent climate requirements and necessitating engagement across all sectors. IRPC acknowledges these challenges, recognizing both the direct and indirect impacts of climate change across our business supply chain and the potential escalation of these impacts in the future. Climate change not only impacts our business operations but also has negative effects on society and the environment and ecosystems, affecting the overall economic situation of our company and the country, as well as the basic human rights of our stakeholders in terms of health and well-being. Embracing our roles in taking climate action, IRPC is determined to continue reducing our greenhouse gas emissions in line with the company’s guidelines. Our greenhouse gas emission targets and plan of action have been reviewed, with new targets set to further cut back emissions in all operational processes. We also remain dedicated to investing in projects that reduce emissions and promote the advancement of renewable energies. 130 Business-Driven Sustainability IRPC Public Company Limited
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