In response to the increasing climate-related risks under climate change and the global goal of reaching Net -Zero emissions by 2050, Net-Zero interest group has developed a comprehensive climate governance framework and guidance for carbon management for MIH Alliance members.
The goal is to create a framework of climate governance for the supply chain, build up climate resilience, and to suggest a net-zero pathway for the MIH platform through mechanisms such as standardization, platform participation and member cooperation.
Co-chairs:
Kung-Yueh Chao (Cam), Executive Director of the International Climate Development Institute, and Jennifer Wang, Managing Director, TÜV Rheinland Taiwan.
MIH Team Leaders:
Steve Pao, Shock Tung
Research scope:
- To develop a comprehensive climate governance framework within the organization, including Governance, Strategies, Indicators and Risk Management.
- Considering the life cycle of the product, and assisting members to understand the regulatory requirements of the export market at the manufacturing and export stages, as well as in carbon management including quantification, reduction and neutralization; in the product use stage, the carbon footprint will be tracked and the user feedback mechanism for carbon reduction will be considered.
- To integrate important international climate governance initiatives and standards such as Taskforce on Climate-related Financial Disclosures (TCFD), Taskforce on Nature-related Financial Disclosures (TNFD), Science-Based Target Initiative (SBTi), Carbon Disclosure Project (CDP), and Global Reporting Initiative (GRI), etc.
General affairs:
Meetings are expected to be held every two weeks, one hour each time
Anticipated outcome:
- Work Framework for climate governance and carbon management
- Standard operating procedures and assessment indicators
- Member participation and cooperation mechanism
- Plotting the Net-Zero pathways
Project schedule:
2022
August: Identify potential projects in the pilot project
October: Confirm programming framework
December: Start Pilot Project
2023
Q2: Pilot Project Interim Report
Q4: Pilot Project Report and Suggestions on Standardized Process Specifications
(Adjusted according to the actual situation)