King Yuan Fu Moves Toward RE100 Goal, New Energy Collaboration Breaks New Ground
King Yuan Fu announces the latest progress toward its RE100 goal. Starting from April 2024, the company will officially purchase 25% of its electricity from solar green energy, demonstrating its commitment to renewable energy use and actively responding to global carbon reduction and sustainable development needs.
This green energy procurement is facilitated by Taipei Fubon Bank, with the partner being the well-known Taiwanese power retailer ‘SunnyFounder.’ Through the small hydropower resources provided by the partner, the diversity of green energy is further expanded. Small hydropower has advantages such as high stability, low environmental impact, and water-friendly characteristics. It is a form of renewable energy that meets the net-zero carbon emissions requirement, injecting new momentum into the company’s efforts to achieve its RE100 goal.
According to the United Nations Sustainable Development Goal (SDG) 7.2, the global proportion of renewable energy usage needs to be increased by 2030. King Yuan Fu deeply understands the importance of green energy procurement in achieving carbon reduction and promoting sustainability, especially as a high-energy-consuming manufacturer. This procurement not only meets the company’s electricity needs but also demonstrates its commitment to advancing net-zero carbon emissions through concrete actions.
In the future, King Yuan Fu will continue to uphold the core philosophy of ‘energy conservation and waste reduction,’ actively procure diverse renewable energy sources, and continually optimize energy usage efficiency. This will lay a solid foundation for achieving the RE100 goal and support the sustainable development of the industry with tangible actions.