Transition for Sustainability
Sustainability Governance
The Board of Directors is the highest supervisory body for TWC’s sustainability strategy and is responsible for guiding the Company toward sustainable development. In advancing ESG, the Board demonstrates strong commitment and active participation through ESG agenda review and decision-making, ensuring effective implementation of sustainability strategies. To pursue sustainable corporate operations and development, TWC considers domestic and international sustainability trends alongside its overall operations. In 2014, the Board approved the Corporate Social Responsibility Policy, which was revised in 2023 as the Sustainable Development Policy to guide TWC in building trust and cooperation with stakeholders across economic, social, environmental, and corporate governance dimensions.
The Board of Directors is the highest supervisory body for TWC’s sustainability strategy and is responsible for guiding the Company toward sustainable development. In advancing ESG, the Board demonstrates strong commitment and active participation through ESG agenda review and decision-making, ensuring effective implementation of sustainability strategies. To pursue sustainable corporate operations and development, TWC considers domestic and international sustainability trends alongside its overall operations. In 2014, the Board approved the Corporate Social Responsibility Policy, which was revised in 2023 as the Sustainable Development Policy to guide TWC in building trust and cooperation with stakeholders across economic, social, environmental, and corporate governance dimensions.
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Climate Governance and Strategy
In response to Taiwan’s 2050 net-zero emissions target and related climate actions, TWC actively promotes climate change management, response, and disclosure, strengthening water supply resilience while supporting national net-zero policy. Climate-related financial disclosure under the Task Force on Climate-related Financial Disclosures (TCFD) has become an important global sustainability disclosure framework and has been adopted by financial regulators. Although TWC is not a domestic listed company, it seeks to proactively manage and disclose relevant information. Accordingly, with reference to TCFD and IFRS disclosure requirements, TWC conducts preliminary assessment and disclosure based on the boundary and scope of this sustainability report.
Built on professional expertise and clear responsibility allocation, TWC uses the Board of Directors as the highest corporate management body for business decision-making and risk response. Climate change, sustainability management, and risk management are coordinated through dedicated committees. For climate change, the Chairperson serves as advisory member of the Risk Management Committee, the President as convener, the Vice President responsible for the Planning Department as deputy convener, and the Planning Department as secretariat. Relevant departments coordinate discussion, reporting, and implementation before actions are executed and tracked by responsible units. In 2026, the committee will be restructured as a functional committee under the Board. The Chairperson will continue as advisory member, and one independent director and one supervisor will jointly recommend one member to serve as convener and chairperson. Through tiered governance and professional division of responsibilities, TWC strengthens climate governance and risk management capabilities. The overall climate governance framework is shown below.
In response to Taiwan’s 2050 net-zero emissions target and related climate actions, TWC actively promotes climate change management, response, and disclosure, strengthening water supply resilience while supporting national net-zero policy. Climate-related financial disclosure under the Task Force on Climate-related Financial Disclosures (TCFD) has become an important global sustainability disclosure framework and has been adopted by financial regulators. Although TWC is not a domestic listed company, it seeks to proactively manage and disclose relevant information. Accordingly, with reference to TCFD and IFRS disclosure requirements, TWC conducts preliminary assessment and disclosure based on the boundary and scope of this sustainability report.
Built on professional expertise and clear responsibility allocation, TWC uses the Board of Directors as the highest corporate management body for business decision-making and risk response. Climate change, sustainability management, and risk management are coordinated through dedicated committees. For climate change, the Chairperson serves as advisory member of the Risk Management Committee, the President as convener, the Vice President responsible for the Planning Department as deputy convener, and the Planning Department as secretariat. Relevant departments coordinate discussion, reporting, and implementation before actions are executed and tracked by responsible units. In 2026, the committee will be restructured as a functional committee under the Board. The Chairperson will continue as advisory member, and one independent director and one supervisor will jointly recommend one member to serve as convener and chairperson. Through tiered governance and professional division of responsibilities, TWC strengthens climate governance and risk management capabilities. The overall climate governance framework is shown below.
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Nature Risks and Positive Action
Nature-Related Operational Scope
TWC’s water supply operations begin at the raw water source, which include reservoirs and storage facilities managed by TWC, the Taipei Water Department, the Irrigation Agency, and various regional Water Resources Bureaus. Raw water is extracted through TWC’s intake structures or pumping stations and conveyed via transmission infrastructure to TWC’s water treatment facilities for processing. Once treated, clean water is delivered through distribution infrastructure to municipal and industrial distribution reservoirs, where it is made available for end users. TWC’s operational scope encompasses not only administrative units such as the Headquarters, Branches, and Engineering Offices, but also includes physical infrastructure such as reservoirs, intake facilities, transmission pipelines, water treatment facilities, and distribution networks. TWC’s operations include both administrative units and physical infrastructure. The nature-related impacts of these components are summarized in the table below. Based on the principle of materiality, this report focuses its analysis on reservoirs under TWC’s jurisdiction and water treatment facilities with a daily output capacity of 200,000 cubic meters (CMD) or mor e. The locations included in this nature-related risk assessment are detailed below.TWC’s Nature-related Operational Scope
TWC’s water supply begins with raw water sources, including reservoirs under TWC’s jurisdiction, and raw water from reservoirs and storage facilities managed by the Taipei Water Department, the Irrigation Agency, and regional water resources bureaus. Raw water is conveyed through TWC intake facilities, such as intakes or pumping stations, and then transported through conveyance or transmission facilities to water treatment facilities. After treatment, clean water is delivered through distribution facilities to domestic or industrial service reservoirs for water supply. TWC’s overall operational scope includes management sites such as headquarters, district branches, and engineering offices, as well as operational facilities including reservoirs, intake facilities, conveyance and transmission facilities, water treatment facilities, and distribution facilities, as shown below.
TWC’s water supply operations begin at the raw water source, which include reservoirs and storage facilities managed by TWC, the Taipei Water Department, the Irrigation Agency, and various regional Water Resources Bureaus. Raw water is extracted through TWC’s intake structures or pumping stations and conveyed via transmission infrastructure to TWC’s water treatment facilities for processing. Once treated, clean water is delivered through distribution infrastructure to municipal and industrial distribution reservoirs, where it is made available for end users. TWC’s operational scope encompasses not only administrative units such as the Headquarters, Branches, and Engineering Offices, but also includes physical infrastructure such as reservoirs, intake facilities, transmission pipelines, water treatment facilities, and distribution networks. TWC’s operations include both administrative units and physical infrastructure. The nature-related impacts of these components are summarized in the table below. Based on the principle of materiality, this report focuses its analysis on reservoirs under TWC’s jurisdiction and water treatment facilities with a daily output capacity of 200,000 cubic meters (CMD) or mor e. The locations included in this nature-related risk assessment are detailed below.TWC’s Nature-related Operational Scope
TWC’s water supply begins with raw water sources, including reservoirs under TWC’s jurisdiction, and raw water from reservoirs and storage facilities managed by the Taipei Water Department, the Irrigation Agency, and regional water resources bureaus. Raw water is conveyed through TWC intake facilities, such as intakes or pumping stations, and then transported through conveyance or transmission facilities to water treatment facilities. After treatment, clean water is delivered through distribution facilities to domestic or industrial service reservoirs for water supply. TWC’s overall operational scope includes management sites such as headquarters, district branches, and engineering offices, as well as operational facilities including reservoirs, intake facilities, conveyance and transmission facilities, water treatment facilities, and distribution facilities, as shown below.
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Nature-related Impacts, Risks, and Opportunities
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