As unprecedented downpours in Europe, China and India have shown, climate change is a challenge that all humanity must face in the 21st century. Last year, Citibank Taiwan Ltd (花旗台灣) and the Taiwan Youth Climate Coalition (TWYCC) jointly launched a series of initiatives called Citi Empowers Taiwan Youth to Tackle Climate Change. One part, titled “Taiwan Conference of Youth,” has attracted more than 360,000 views.
To increase awareness of climate change, Citibank Taiwan and the TWYCC have published the Citi Empowers Taiwan Youth to Tackle Climate Change guide, which assembles information on climate change; international trends in environmental, social and corporate governance (ESG) goals and climate issues; and insights from experts in Taiwan and overseas. The guide is available on the Citi Youth Climate Power Initiative’s Facebook page.
“A recent Citi Asia Pacific report shows that more than half of companies have incorporated ESG strategies and practices into their overall corporate strategy,” said April Pan (潘玲嬌), head of Citibank Taiwan’s country corporate affairs and government affairs department. “Citibank Taiwan understands the importance of ESG sustainability issues — and not only released its first certified ESG report last year, but has also worked with its employees, customers, non-profits and other stakeholders to implement the UN Sustainable Development Goals on sustainable cities and communities, climate action, life below water and partnerships for the goals.”
Photo courtesy of Citibank Taiwan Ltd
In addition to pursuing sustainable development for businesses and the environment, Citi is committed to promoting youth empowerment.
“In Taiwan, a group of young people have stepped forward to address climate change and promote climate diplomacy through the far-reaching influence of the Internet,” Pan added. “We hope that through their creativity and energy, we can inject much-needed positive energy into raising more awareness on climate issues among the younger generation and the general public.”
“As a result, in 2020, Citibank Taiwan started working with the TWYCC and launched the Citi Empowers Taiwan Youth to Tackle Climate Change initiative, hoping, through a variety of programs, to increase awareness about the global warming crisis and help people understand how they can practice low-carbon living and achieve environmental sustainability,” she said.
The guide is a treasure trove of knowledge, containing all of the information that Taiwanese youth need to tackle climate change. Featuring Citigroup Inc chief sustainability officer Valerie Smith and international experts, the guide includes trends in international ESG and climate issues, as well as how climate change is linked to digital media, diplomacy and the UN. It also gives readers insight into the mechanics of international climate negotiations and provides tips on how to fight climate change in daily life.
The Citi Empowers Taiwan Youth to Tackle Climate Change initiative seeks to assist Taiwanese youth in their understanding of climate change issues and to encourage them to explore environmental issues more deeply.
In addition to the Citi Empowers Taiwan Youth to Tackle Climate Change guide, which is being launched today, other initiatives such as the Taiwan Conference of Youth, the World Climate Workshop and an online public commitment campaign have benefited nearly 370,000 people.
In addition, Citi was named Best Bank for Corporate Responsibility in Asia by Euromoney in their recent annual awards, announced on July 14. The editorial award recognizes a bank’s commitment to fostering diversity and inclusion; reducing the environmental impact of operations; promoting workforce development and social mobility; and innovative and effective initiatives to strengthen local communities in which banks are domiciled.
SEMICONDUCTOR SERVICES: A company executive said that Taiwanese firms must think about how to participate in global supply chains and lift their competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it expects to launch its first multifunctional service center in Pingtung County in the middle of 2027, in a bid to foster a resilient high-tech facility construction ecosystem. TSMC broached the idea of creating a center two or three years ago when it started building new manufacturing capacity in the US and Japan, the company said. The center, dubbed an “ecosystem park,” would assist local manufacturing facility construction partners to upgrade their capabilities and secure more deals from other global chipmakers such as Intel Corp, Micron Technology Inc and Infineon Technologies AG, TSMC said. It
EXPORT GROWTH: The AI boom has shortened chip cycles to just one year, putting pressure on chipmakers to accelerate development and expand packaging capacity Developing a localized supply chain for advanced packaging equipment is critical for keeping pace with customers’ increasingly shrinking time-to-market cycles for new artificial intelligence (AI) chips, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) said yesterday. Spurred on by the AI revolution, customers are accelerating product upgrades to nearly every year, compared with the two to three-year development cadence in the past, TSMC vice president of advanced packaging technology and service Jun He (何軍) said at a 3D IC Global Summit organized by SEMI in Taipei. These shortened cycles put heavy pressure on chipmakers, as the entire process — from chip design to mass
People walk past advertising for a Syensqo chip at the Semicon Taiwan exhibition in Taipei yesterday.
NO BREAKTHROUGH? More substantial ‘deliverables,’ such as tariff reductions, would likely be saved for a meeting between Trump and Xi later this year, a trade expert said China launched two probes targeting the US semiconductor sector on Saturday ahead of talks between the two nations in Spain this week on trade, national security and the ownership of social media platform TikTok. China’s Ministry of Commerce announced an anti-dumping investigation into certain analog integrated circuits (ICs) imported from the US. The investigation is to target some commodity interface ICs and gate driver ICs, which are commonly made by US companies such as Texas Instruments Inc and ON Semiconductor Corp. The ministry also announced an anti-discrimination probe into US measures against China’s chip sector. US measures such as export curbs and tariffs
RSS