Taiwanese government has enacted the "Climate Change Response Act", which introduces carbon fee collection mechanism. According to the "Climate Change Response Act", companies with annual GHG emissions of over 25,000 tons CO2e, are required to pay carbon fee. CSC is devoted to reducing greenhouse gas emissions as it applies for self-determined reduction plan and meets the benchmark designated reduction rate, qualifying for the preferential carbon fee of TWD $50 per metric ton of CO2e and the designated emission adjustment coefficient of 0.2 for the first stage of carbon fee. It is estimated the impact will account for less than 0.5% of CSC's revenue.
To address financial implications, CSC has recently implemented a series of response strategies, the detailed information can be referred to our annual report. These response measures entail an estimated cost of approximately NTD 192.77 million dollars.