Carbon Emissions and Water Resources

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Carbon Emissions and Water Resources

Greenhouse gas emissions

Diamond Biofund conducted its carbon emissions assessment in accordance with the ISO 14064-1:2018 standard, applying the operational control approach to include emissions within the defined boundary. The calculation is based on the Global Warming Potential (GWP) values from the IPCC AR6. The organizational boundary covers the parent entity of Diamond Biofund and its subsidiaries included in the consolidated financial statements (currently, there are no such subsidiaries).

In June 2024, Diamond Biofund conducted its first greenhouse gas inventory for FY2023, covering the parent company and its subsidiaries. To ensure the transparency and accuracy of carbon emission data, third-party verification is conducted annually. The 2024 greenhouse gas inventory was verified by AFNOR ASIA in accordance with the ISO 14064-3:2019 standard.

  2023 2024
Scope 1 Emissions (metric tons CO₂e) 6.8150 11.5250
Scope 2 Emissions (metric tons CO₂e) 60.8820 82.1897
Scope 3 Emissions (metric tons CO₂e) 365.6920 278.3027
– Business Travel
– Upstream Leased Assets (Note 1)
– Investment		 33.8610
62.1260
269.7050		 33.7742
123.0591
121.4695
Carbon Footprint Intensity (Scopes 1 & 2) (metric tons CO2e per million AUM)(Note 2) 0.0063 0.0128
Carbon Footprint Intensity (Scope 3) (metric tons CO2e per million AUM) (Note 2) 0.0339 0.0382
Data Coverage Rate (Note 3) 100% 100%

Note 1: This item refers to the shared electricity consumption of leased office premises and, as of 2024, has been reclassified under 「Upstream Leased Assets」 (previously listed under 「Fuel and Energy Activities」).
Note 2: The Company’s operating income for 2023 and 2024 was negative; therefore, intensity is calculated based on carbon emissions per million of Assets Under Management (unit: metric tons CO₂e per million AUM).
Note 3: Data coverage rate is the proportion of operational sites included in the Scope 1 and 2 inventory relative to total operational sites for the year.
Note 4: Quantification method: GHG emissions = Energy consumption × Emission factor × Global Warming Potential (GWP).
Note 5: Calculations are based on the 2024 Greenhouse Gas Emission Factor Table announced by the Ministry of Environment.

Carbon Reduction Targets
 
【Scope 1、2】Operation Adopt an absolute reduction method using 2024 as the base year, aiming to reduce Scope 1 and Scope 2 greenhouse gas (GHG) absolute emissions by 25% by 2030. In the long term, the Company aims to align with the 2050 net-zero emissions target. 
【Scope 3】Investment Using the engagement approach, by 2030, 33% of the book value of Diamond Biofund’s investment portfolio must either have committed to or established their own carbon reduction targets.
 
Note: Refers to the total book value (i.e., fair value) of portfolio companies that have set emission reduction targets, as a proportion of the total book value of Diamond Biofund’s “financial assets at fair value through profit or loss – current and non-current.”

Water Resources

Diamond Biofund uses water resources solely for cleaning, domestic sewage, and drinking purposes. In 2024, the total water consumption was 2,566 cubic meters. With 25 employees, this equates to an average daily water usage of approximately 281 liters per person, which is lower than the average of 330 liters per person per day in Taipei City. Wastewater is discharged into the municipal sewage system and is not included in the statistical calculation.

Water consumption data for the past two years is summarized as follows:

Unit: Cubic meters (m³)

Office site 2023 2024
Xinyinote 993 77
Zhongxiao 538 2,489
Total 1,531 2,566

Note: The Xinyi office underwent facility restoration in January and February 2024, and the lease was officially terminated on February 29, 2024.

 

Diamond Biofund relocated to the Zhongxiao office in January 2024. During the renovation of the new office, water-saving devices—such as low-flow faucets and automatic flush systems—were installed. Based on the water consumption at the Zhongxiao office in 2024, Diamond Biofund has set 2024 as the baseline year and established a target to reduce total water consumption by 10% by 2030.  Continue to remind colleagues to conserve water through education and training as well as daily awareness initiatives.