BenQ Group Joins the RE100 with Commitment to Use 100% Recycled Energy by 2040 and Reach Net Zero Emissions by 2050

Taipei, Taiwan, December 21, 2022 - BenQ Qisda Group (BenQ) announced that it has officially joined RE100^[1]. It promised that the corporation would completely 100% use recycled energy by 2040. Moreover, it also announced the goal to reach net zero emissions by 2050. It is aggressively collaborating with the grand fleet and suppliers to work on carbon emissions reduction in response to relevant initiatives to demonstrate its sustainable actions in line with international standards.

BenQ Group is holding one of the two largest LCD display and projector manufacturers in the world. Its business includes information technology, healthcare, smart solutions, networking, and communication. The company owns BenQ, the global brand which provides products and services across lifestyle, business, healthcare, and the education field.

The Cooperation on Reduction of Carbon Emissions Assembly and ESG Sustainable Action Workshop was held on December 21, 2022, in Taipei. Not only did BenQ Group officially announce its carbon emissions reduction goal and process, it will also collaborate with the grand fleet and 400 partner suppliers, which total market capitalization exceeds US$1 trillion, with the expectation of “collaborate to create common good and sustainability” to put in efforts towards carbon emissions reduction goals and caring for Mother Earth.

Chairman Peter Chen of BenQ Group announced that the group has officially joined RE100.

Chairman Peter Chen of BenQ Group stated that since BenQ issued its first Corporate Social Responsibility Report in 2007, it has obtained the world’s first 20-inch LCD display product carbon footprint verification in 2010 and has obtained more than 50 ESG related trophies around the world since 2012. He pointed out corporations should regard ESG as their financial statements as well as second progress letter by aggressively setting goals and working hard to practice them. In addition to officially declaring its process towards the goal of net zero emissions, the group also invited suppliers to join them to “collaborate to create common good and sustainability” and demonstrate 100 times the strength.

Sam Kimmins, Director of Energy at the Climate Group said: “We are delighted that BenQ Group has joined RE100, the global initiative led by the Climate Group in partnership with CDP. By committing to 100% renewable electricity by 2040, BenQ is taking an important step forward in improving its sustainability, joining over 380 of the world’s leading companies committed to driving market change. We encourage others to follow suit.”

BenQ Group links 400 supplier and partners to create a better ecosystem and reduce carbon emissions

With 2021 as the base year, the group expects to achieve net zero emissions by 2050. Currently, BenQ Group has started to embark on operations such as internal carbon pricing, self-made solar energy, purchasing green energy verification, and others. In addition to achieving the goal of net zero emissions, also committed that suppliers can reduce carbon emissions by 20% by 2030. BenQ Group will aggressively help others to achieve this goal. The carbon emissions reduction practices of suppliers will also be included in supplier assessments, adding the assessment requirement of ESG.

With BenQ Foundation as the platform and starting from the examination of greenhouse gases, the group plans to stipulate carbon emissions reduction goals and work on energy management. In the future, it will expand to the carbon footprint of its products’ life cycle and plans to introduce biomass materials, carbon right trade, carbon negative technologies and others in order to collaborate with others to build a net zero future.