Leading Brand in the Energy Chain - Taya Group Honored with the "2024 Taiwan FINI 100" Award

2024/09/26

Leading Brand in the Energy Chain - Taya Group
Honored with the "2024 Taiwan FINI 100" Award

Taya Group (1609) has been awarded the prestigious "2024 Taiwan FINI 100 Award," distinguishing itself among 1,813 publicly listed companies through its exceptional performance across various aspects, including market trends, fundamentals, sustainability, and foreign institutional investment preferences.

        Taya Group is dedicated to becoming a leading brand in the energy chain, offering comprehensive solutions for energy generation, transmission, conversion, storage, and management, thus building a complete energy ecosystem. Chairman Shen, Shang-Hung introduced the 3E core strategy—"Emerging," "Energy," and "ESG"—not only focusing on technological innovation and market expansion but also emphasizing sustainable development to make a positive societal impact.

       In terms of sustainability, Ta Ya has established a Sustainability Development Committee(永續發展委員會) to oversee and manage its goals across economic, environmental, social, and human rights dimensions, ensuring long-term business viability. For climate actions, Ta Ya developed a carbon reduction roadmap in 2023 to actively support the Paris Agreement’s 1.5°C temperature control target. Using 2021 as a baseline, the group aims to achieve net-zero emissions for Scope 1 & 2 by 2050.Ta Ya plans to reduce greenhouse gas emissions through renewable energy use, equipment upgrades, and transitioning from fuel-powered vehicles to hybrid or electric vehicles—all in line with the 1.5°C goal. In its sustainable supply chain initiatives, Ta Ya began identifying ESG risks and managing carbon emissions in 2023. Through supplier conferences and educational programs, Ta Ya shares its sustainability vision, aiming to partner with both the upstream and downstream supply chain stakeholders to create a sustainable future together.

        In the renewable energy sector, Ta Ya is supporting the government’s 2050 net-zero emission policy, responsibly developing renewable energy and energy storage sites. Currently, Ta Ya’s solar power plants have a total capacity of 212 MW, and its energy storage systems boast a capacity of 36.3 MW. The company is committed to further expanding renewable energy generation and ensuring a stable energy supply, while also strengthening grid security and helping both customers and society achieve net-zero emissions.

        The "2024 Taiwan FINI 100" Award is co-organized by the Taiwan Institute of Directors and the Commerce Development Research Co. (CDRC), following global institutional investor methodologies. Companies with a market capitalization exceeding USD 500 million undergo a four-tier evaluation process. The initial selection of 200 companies is based on increased foreign ownership over the past year. From these, 174 consistently profitable companies over the last three years are chosen. The bottom 20% in corporate governance rankings are then excluded, leaving 142 companies. Finally, they are ranked based on foreign ownership value growth in the past year, forming the 2024 Taiwan FINI 100 list, highlighting Ta Ya's industry leadership and its unwavering commitment to excellence.

Source: Taya Group Press Release