Sweden, a pioneer in carbon taxation, leverages its extensive carbon reduction experience and the highest global carbon tax to drive economic growth. With Sweden being Taiwan's top Northern European trade partner and second-largest foreign investor, Swedish companies in Taiwan are aligning with the global push for net-zero carbon emissions. They propose solutions for green transportation, sustainable manufacturing, renewable energy, and intelligent sustainable construction.
The Swedish Trade and Investment Council together with Swedish businesses in Taiwan, established the "Sweden + Taiwan Green Transition Alliance" in 2021. Alliance members have committed to reducing their environmental and carbon footprints, supporting Taiwan in achieving its goals of green growth and net-zero emissions by 2050. During the "Green Transition: Toward a More Sustainable Society" forum held at the Grand Hotel on 14 November 2023, six alliance members shared their experiences on the topics of sustainable cities and green supply chains.
In response to Taiwan's 2022 announcement of net-zero transition stage goals, geothermal energy has been included in the "Innovation Energy" development focus. Geothermal power plants not only generate electricity but also contribute to tourism and agriculture. Baseload Power Taiwan, headquartered in Sweden, established a subsidiary in Taiwan in 2019, being the sole foreign investor involved in Taiwan's geothermal energy development. They focus on exploration, drilling, and plant construction, aiming to stimulate local development through geothermal power plants and contribute to Taiwan's 2025 energy transition and 2050 net-zero vision.
When it comes to energy, one of the most discussed products in the transportation sector is electric vehicles (EVs). This is also the focal point for various automotive giants actively developing. Volvo, a Swedish automotive brand, holds over 30% market share in Europe and an impressive 60% in North America for its electric commercial vehicles. Since Volvo Trucks started producing fully electric trucks in 2019, the company has taken orders for 6,000 electric trucks in 42 countries around the world. Volvo now produces electric trucks in four factories in Belgium, France, Sweden, and the US. The company’s target is that half of its global sales of new trucks will be electric by 2030. Today, we see an increase in interest from the market, as awareness spreads that our offer is available. Vincent Sun, Product Manager - Taikoo Commercial Vehicles (Importer of Volvo Trucks), mentioned that Volvo Trucks is focusing on electric vehicles due to their lower CO2 emissions and reduced spare parts consumption. The company offers holistic solutions based on individual customer needs, such as driving cycles, load capacity, uptime, and range.
Addressing climate change globally, many countries actively promote "zero-energy green buildings" through regulations. Assa Abloy, the world's largest lock group based in Sweden, focuses on developing automated door solutions and advocates for intelligent sustainable green buildings. Assa Abloy Group Senior Specialist Eddie Liu emphasizes the importance of optimizing door access systems and lock hardware solutions for long-term energy efficiency benefits. The company collaborates with major players in Japan and South Korea to integrate smart solutions for future unmanned convenience stores. By using information displays on doors, customers can track purchases and complete transactions through gestures and facial recognition, enhancing convenience and security.
Prominent 3C brands like HP, Philips, Acer, Samsung, and LG feature the TCO Certified sustainability certification symbol on their products. TCO Development, the sustainability certification organization, promotes sustainable procurement in the Asian region. Asia Manager Nick Liu reveals that consumer choices can influence the market and encourages consumers to vote with their purchasing behavior, supporting certified products and brands to drive industry transformation.
With the urgency of achieving net-zero emissions, Alfa Laval, a leading global provider of heat transfer, centrifugal separation, and fluid control technologies in Sweden, actively pursues process optimization to help customers achieve operational and sustainability goals. Alfa Laval Taiwan's General Manager, Belinda Lau, shares Alfa Laval's commitment to carbon neutrality by 2030 and net-zero emissions by 2050. The company focuses on providing green products, such as heat exchangers using carbon-neutral steel, to support a green supply chain. Alfa Laval assisted a semiconductor foundry in Hsinchu by optimizing the existing process cooling water system using proprietary heat transfer efficiency optimization software. The upgrade resulted in a yearly saving of 2.76 million kWh (equivalent to reducing 1,336 tons of carbon emissions) and an average reduction of 800 tons of chilled water usage per hour. The investment payback period was less than a year, showcasing outstanding results
In the era of smart manufacturing, Atlas Copco Taiwan, a provider of industrial air compressors, employs IoT-enabled devices to transmit data for real-time equipment status monitoring. This, combined with AI and big data analytics, enhances carbon efficiency, reduces electricity costs, and aids customers in achieving their low-carbon economic transformation goals. Industrial electricity consumption is significant in the process, air conditioning, and compressed air equipment. By introducing innovative and energy-efficient equipment, customers can reduce manufacturing costs, lower carbon taxes, improve brand image, and attract customers, investors, and talented employees, aligning with increasingly stringent laws and regulations. Atlas Copco continues to innovate, helping global customers improve operational efficiency, reduce environmental impact, and jointly create a more sustainable future.