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Taiwan Power Company (台灣電力公司)

Taiwan Power Company (Taipower) is a fully state-owned company headquartered in Taipei City. In 2020, its revenue was USD 24.7 billion and installed capacity was 35 GW. Taipower has a target to increase its renewable energy capacity by adding 4,000 megawatts (MW) of capacity by 2030. It does not have a fossil fuel phase-out plan yet.

Ranking position
#40/50
Total score
17.1/100
Performance score
2.2/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)

Targets

#1 0.0 / 4 #35

Material Investment

#1 0.4 / 7 #44

Intangible Investment

#1 0.0 / 2 #20

Management

#1 1.1 / 4 #37

Policy Engagement

#1 0.2 / 1 #39

Business Model

#1 0.5 / 2 #34

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

Taiwan Power receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. To align with its 1.5°C pathway, the rate at which Taipower’s emissions intensity is projected to decrease between 2021 and 2025 should be six times higher. The company has made limited progress in emissions reduction due to its reliance on fossil fuel energy. It has a plan to increase low-carbon electricity by 2030, but it also needs to enhance progress in reducing emissions from fossil fuel assets.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2020

More about the company

Headquarters
Taipei City, Taiwan, China
Group revenue (2020)
USD 24.7 billion
Ownership
State-owned
Installed capacity (2020)
35.2 GW
Website
https://www.taipower.com.tw

This company is part of the SDG2000, the 2.000 most influential companies

See company profile