First Company in Taiwan Obtaining International Circular Economy & Carbon Neutrality Dual Certifications: ECOVE Solvent Recycling Corporation Certified to PAS 2060 for Carbon Neutrality

ECOVE Environment Corporation (ECOVE) announced on July 28, 2021 that its subsidiary ECOVE Solvent Recycling Corp. (ECOVE SRC) has been certified by BSI for achieving carbon neutrality in accordance with the PAS 2060 standard. This makes ECOVE SRC Taiwan's first chemical material manufacturer to declare carbon neutrality. 

The company was also ECOVE’s audit plant for BS 8001, world's first standard for implementing circular economy principles. Receiving the "BS 8001 Circular Economy Audit" in 2017 when it was firstly launched, ECOVE passed the BS 8001 circular economy standard audit again in 2020 with "integrated innovations and performance enhancements in resource cycling services," thereby achieving the circular economy standard in all of its business areas. Having passed the onsite inspection, ECOVE SRC is the first company in Taiwan to receive the international circular economy and carbon neutrality dual certifications.

Carbon neutrality is a voluntary verification. Through quantifying and reducing carbon emissions and obtaining external reduction credits to offset the carbon emissions generated by business operations, ECOVE SRC was able to pass the PAS 2060 verification, causing no net increases in greenhouse gases (GHG) to the atmosphere.

ECOVE has always been committed to mitigating climate change and striving to enhance and integrate the technical applications of its three major businesses, namely, "waste management and energy-from-waste, recycling, and renewable energies." ECOVE SRC was founded in 2018 to provide services in waste solvents purification and recycling, allowing them to re-enter the market supply chain as industrial raw materials, thus reducing the consumption of petrochemical raw materials without depleting the planet's resources.

Upholding the visions for green production and environmental friendliness, ECOVE SRC has mapped out the current low-carbon production facilities plan starting from plant construction phase. Besides selecting equipment with high energy efficiency, the Company also opts for intelligent, systematic management for production. Furthermore, it continues to reduce carbon emissions to maximize synergy through replacing furnace fuels (heavy oil replaced by natural gas), enhancing the efficiency of air conditioning, air compressor, and heat systems, as well as installing energy-saving controllers and replacing light fixtures. Additionally, to ensure the effectiveness of green processes and products within the plant, ECOVE SRC implements various management systems, including energy management systems (ISO 14001), quality management systems (ISO 9001), occupational health and safety system (ISO 45001), and greenhouse gas inventory management system (ISO 14064-1), achieving its carbon neutrality goal.

As Taiwan's largest environmental resource management and service company, ECOVE has again proven its determination to respond to climate change, reduce carbon emissions, and reduce environmental impacts through obtaining the carbon neutrality certification. By committing to a vision of becoming "the most reliable provider of industry-leading ‘resource cycling’ services, " ECOVE continues to contribute toward a better future for the planet.