Taiwan’s Ministry of Environment has published the Guide for Enterprise Declaration of Carbon Neutrality to demonstrate to enterprise how to declare carbon neutrality while keeping the public from being misled by false declarations or failure to fully disclose information.
Drafts of the three sub-laws was preannounced on 29 April 2024. Regarding this, industries and civil organizations were invited to nine meetings and a public hearing for communications. Discussed topics included deduction of collection threshold, identification of industries with high carbon leakage risks, adjustment coefficients and schedules for emissions, offsets by domestic reduction credits, base year for designated targets and establishment of benchmarks, and information disclosure of voluntary reduction plans”. The MOENV made adjustments under the three sub-laws based on public opinions and suggestions. Key points of the sub-laws are as follows:
I. Applicable to carbon neutrality declarations for an organization, product or service
II. Three core principles to be followed: Emission inventory, reduction and offset
III. Support required with complete, specific and correct open information
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