Verification agencies, consulting firms, and agri-food industry players of Taiwan gathered at a forum held on March 28 to share insights on corporate sustainability and carbon reduction from three different perspectives.
Titled "From carbon reduction to zero emissions: Revealing key strategies for business net zero transition," the forum was one of the eight forums and seminars held during the Taiwan International Machine Tool Show (TMTS) running from March 27 to 31 in Taipei.
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The Taiwan International Machine Tool Show held the green transition forum. (Photo: Lin Bo-yu)
According to Wang Shan-hung (王善弘), director of green energy and sustainability services at TÜV SÜD, the global carbon market is growing rapidly, and both the mandatory and voluntary markets reached record highs in 2022, with 166 million tonnes of carbon credits retired. It is anticipated that the voluntary market will continue to grow significantly and surge five-fold by 2030, reaching a value of USD 10 to 40 billion
