TCFD

Climate and environmental management

In the face of increasingly severe climate change risks and challenges, RTC actively implements energy conservation and carbon reduction and other related projects in combination with the strategies and response plans of economic development, environmental protection and sustainable development, identifies and reduces the risks related to climate change, and continues to innovate and develop low-carbon products and construction methods to provide customers with high-quality products and products that are in line with the trend of sustainable and low-carbon. It also enhances climate resilience and builds a culture of environmental sustainability.

Climate change management

Since 2023, RTC has been disclosing climate-related information in accordance with the Task Force on Climate-Related Financial Disclosures (TCFD) framework. The Board of Directors is also a key player in the resolution of the Company’s climate commitments and goals, discusses the current climate risk opportunity trends from time to time, proposes specific strategies for the Group as a whole, and regularly reviews the progress report of the implementation of the Sustainable Development Committee, communicates the goals of sustainable construction and lowcarbon building materials, so as to comply with the Company’s sustainable development strategy and maintain the Company’s sustainable operation in a stable manner.
In order to improve the management and identification of climate-related risk and opportunity issues, RTC will set up a task-oriented sustainable development committee composed of a task force in 2023, with the chairman of the board of directors as the convener of the sustainable development committee and the top director of the R&D department as the leader of the overall group.

Climate risk and opportunity assessment and response strategies

In order to fully understand and grasp the current key climate opportunities and risks, RTC refers to the relevant guidelines issued by TCFD to identify the risks and opportunities that may have a significant financial impact, and the identification process is as follows:
RTC collected 8 climate-related risks and 6 climate-related opportunities that are critical, conducted a materiality ranking quantitative analysis and control based on the multiplication of “impact degree” and “occurrence probability”, and screened out the top 3 major climate risks and opportunities, and deeply identified their impact period and potential financial impact on RTC, so as to serve as the basis for relevant response measures and risk management. RTC adopts the “people-oriented” business philosophy to set climate risk and opportunity-related management goals, please refer to “1.2 Corporate Sustainability Governance” and the “Energy and Greenhouse Gas Management” section later in this chapter.