Metrics and Targets

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Metrics and Targets
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Please refer to Chapter 5 "Climate Metrics and Targets" of the "2022 TCFD Report" for more details.

SinoPac Holdings has set climate targets for climate governance, climate opportunities, green procurement, green operations, capital allocation, internal carbon pricing, climate risk management, climate engagement, greenhouse gas emissions, energy usage, and other short, medium, and long-term goals. The Company will review and track the status of the metrics and targets each quarter in the Sustainable Development Committee and implement continuous amendments to strengthen our climate resilience and win business opportunities. Please refer to the Company's "2022 TCFD Report" p50~53 for more details.

Financed emissions in investment and financing

SinoPac Holdings adopted the "Financed Emissions: The Global GHG Accounting and Reporting Standard" methodology published by the Partnership for Carbon Accounting Financials (PCAF) and conducted a financed emissions inventory of the investment and financing positions on December 30, 2022. The scope of the inventory included mortgages, corporate loans, corporate and financial bonds, sovereign bonds and sovereign loans, electricity generation project finance, commercial real estate loans, listed stocks, motor vehicle loans and unlisted stocks. The overall coverage rate was 79.72%. The financed emissions of SinoPac Holdings totaled 5.44 million tons CO2e and the overall carbon footprint was 3.4 tCO2e/NT$1 million in investment and financing.