ASUS simulates transition risk scenarios using the IEA's Stated Policies (STEPS) scenario and Net Zero (NZE) scenario. Additionally, it references the impact of the AR6's SSP5-8.5 scenario to assess the physical risks of extreme climate events on the operational shutdown of supply chain assembly plants
Carbon pricing at Mainland China Carbon Trading Market
Carbon Border Adjustment Mechanism (CBAM) of the EU
Changes in Consumer Behavior
Transformation Plan: Carbon Tax / CBAM / Changes in Consumer Behavior
Extreme Weather Events-Assembly Plant Shutdown due to Power Outage
Extreme Weather Events-Land Transportation Disruption
Transformation Plan: Extreme Weather Event Disasters
Risk Mitigation Opportunities-Launch low-carbon products
Risk Adaptation Opportunities-Provide Carbon Neutrality Services
To understand the financial impact of the above scenario on ASUS, please refer to 2023 TCFD Report.