Everest declares its commitment to achieving net-zero carbon emissions by 2050 and aims to create a low-carbon future through three key strategies.
Everest is aligning its operations with the United Nations Sustainable Development Goals (SDGs) and transitioning towards low-carbon production. The company is investing in new energy sources, energy efficiency, and carbon emissions reduction strategies to actively respond to the climate and environmental crises caused by global warming. By fulfilling its responsibilities to the environment and society, Everest is actively working towards the goal of achieving net-zero carbon emissions and aims to reach this milestone by 2050.
Net-Zero Commitment
Building upon the baseline year of 2020, we are implementing three major decarbonization strategies to move towards net-zero emissions:
- Strategy 1: public infrastructure upgrades, including the installation of solar power systems and the substitution of coal with biomass energy.
- Strategy 2: replacement of process equipment to enhance energy efficiency.
- Strategy 3: strengthening process management and improving production efficiency through the implementation of smart factory equipment.
Short, Medium, and Long-Term Goals
- By 2025, our goal is to reduce carbon emissions by 25%.
- By 2030, we aim to achieve a 50% reduction in carbon emissions.
- Our ultimate objective is to reach net-zero emissions by 2050.
【Sustainable Highlights 1】 Expand the installation of solar power systems and gradually replace coal with biomass fuel in boilers.
- Installation of Solar Power Generation System
Everest's Taiwan Plant plans to establish a self-consumption solar power generation system to reduce reliance on externally purchased electricity. The construction of Phase III and IV solar power systems, with a total investment of NT$155.78 million, is scheduled for completion in July 2024. Phases I and II are leased to operators. The estimated annual power generation for Phase III is 1,228,470 kWh (capacity: 1,008 kW), while Phase IV is projected to generate 3,751,871 kWh annually (capacity: 4,088 kW). This initiative is expected to reduce CO₂ emissions by 2,460 metric tons per year. - Carbon Reduction Measures in Production Processes
Everest's primary emission source is its boilers. The company has adopted clean coal technology to enhance boiler efficiency and reduce fuel consumption, while also partially substituting coal with biomass fuels. By 2025, Plans to transition boiler fuel to liquefied natural gas (LNG), with an initial investment of NT 9.8 million for LNG pipeline in stallation and NT9.8million for LNG pipeline in stallation and NT6.29 million for fuel oil boiler combustion chamber upgrades. Based on 2021 boiler fuel consumption data, full conversion to LNG is projected to reduce CO₂e emissions by 38,988 metric tons annually.
【Sustainable Highlights 2】Green Factory Diamond Green Building Benchmark of Taiwan Textile Industry-Everest Textile Eco-Industrial Park
- 【Ecological Greening Project】Circular Economy Reduces Costs and Creates Income
Taiwan factory
Thailand factory
【Effectively saving electricity and water】
Everest began to pay attention to the use of energy resources more than ten years ago. After years of various water-saving and energy-saving plans, such as water recycling for weaving, reuse of reclaimed water, equipment insulation, and turning off air condition, etc., our electricity consumption in 2023 was reduced by 55%, and the water intensity was reduced by 59% when compared with the water and electricity consumption in 2006.v
【The principle of natural negative pressure ventilation】Saving 92% of air-conditioning electricity and reducing carbon emissions by 12,071 tons every year.
【Sustainable Highlights 3】Utilizing smart technology to improve production efficiency and create a smart factory.
- Smart industrial technology
- Automatic weighing system
- Waste heat recovery system
Approaches to the Sustainable Development Goals
