A white label manufacturer is showing the way for Taiwan’s companies to fall into line with a greening global supply chain.

The News Lens
Date: 2018/04/10
By: Nate Maynard

In February, TCI, a white-label bioscience company that makes dietary supplements and cosmetic products, became the first company in Taiwan to sign on by committing to reach 100 percent renewable energy by 2030 with an interim target of 30 percent by 2020.

This commitment, from a company without a consumer facing brand, sends a strong signal. It tells utilities, that companies and customers will continue to demand a transition to cleaner energy.

And with Taiwan having just re-launched its renewable energy certificates (RECs) program, known as T-REC, it is now easier than ever for businesses, institutions, and individuals to vote with their electricity bill and follow TCI’s lead.

TCI, a public company listed on the Taiwan Stock Exchange, represents the vanguard of what the Taiwan government hopes will be a significant shift in the power purchasing habits of it’s the country’s major companies. To this end, the government has introduced reforms to the Electricity Act and Renewable Energy Development Act to promote private investment in Taiwan’s renewable energy industry.    [FULL  STORY]