This year is its 10th anniversary. The organizer invited world-renowned leaders including Pedro Sánchez, the Prime Minister of Spain, Carlos Alvarado Quesada, the President of Republic of Costa Rica, Mette Frederiksen, the Prime Minster of Demark, Gavin Newsom, the Governor of California, and José Ángel Gurría, the Secretary-General of the Organisation for Economic Co-operation and Development (OECD).The enterprises participated in this summit include McKinsey & Company, Unilever, Estée Lauder, Johnson & Johnson, IKEA, 3M, and Osted.Besides reviewing the performance of the agreements made in the 1st event of Climate Week NYC, the organizer also invited the outstanding leading companies which managed to build a successful business model with the environment-friendly and energy-saving features from a variety of industries. TCI is the representative company for the global biotechnology industry this year.
Remi Lee, the Chief Sustainability Officer at TCI, shared the experience as a speaker at Climate Week NYC. The “Midas Touch”, the circular economy based on agriculture, is the business model has been conducting by TCI for many years. The vertical management is started from the very upstream, the farmlands, to supervise the materials. Besides the flesh, they also analyze all parts of the plants growing in the lands by their exclusive methodology, Bio-resource Data Mining to scout the possible active ingredients for products. Until now, TCI has successfully developed high-performance products by banana peels, banana flowers, peanut skin, and different kinds of unripe fruits. These products also provide exclusive competitive advantages for their brands and additional profits for those contract farmers. It managed to build a win-win business model for consumers, brands, farmers, and TCI (the manufacturer).
For example, the endemic species, Taiwan red quinoa grows in TCI Sunrise Park. The shelled red quinoa which is cultivated by organic methods can be used as a staple food. The extract from the husks of red quinoa can be an active ingredient for a functional food designed for reducing glycosylation of collagen and the occurrence of wrinkles. The dregs of red quinoa are added to noodles as the source of dietary fiber. The dregs left after the manufacturing process of noodles are fermented by microorganisms to make organic compost, and the compost is used as the fertilizer for the farmlands. The value of red quinoa can be exploited completely to achieve the most ideal circulation for re-utilization.
Remi Lee also shared their energy-saving strategies for factories. TCI built the factory with LEED Silver Certification from U.S. Green Building Council (USGBC) to save energy and implemented solar panels adopting self-supply on the roofs. The electricity produced accounts for 15% of total energy consumption of TCI. They also built high-efficiency production lines with a 6 times higher efficiency than the average productivity of manufacturers in the biotechnology industry. TCI also started a collaborative project with the Forestry Bureau (Taiwan) to conduct large-scale tree planting. In addition, they also purchase renewable energy to neutralize the carbon emissions produced by manufacturing. Certified by the SGS certification, a third-party certification, the iManufacturing Center (Rock Park) of TCI has achieved net-zero carbon emissions. This business philosophy featured with sustainability has generally been recognized by brand companies and helps TCI win orders from those giants in the cosmetics industry. They successfully established green supply chains with stable profits and are further named on the lists of RE100 and EP100, the leading organizations for saving energy and sustainability. They are running neck and neck and leading the industry with those giants such as Google, Amazon, Microsoft, and Facebook on the endless journey of sustainability.
On behalf of the global biotechnology industry and its home country, Taiwan, TCI shared its valuable experience in developing the sustainable operation model with good profits at the 10th Anniversary of Climate Week NYC. TCI’s experience took the forum by storm. They had great communication with leaders from governments and enterprises across the globe. It is convincing TCI will be followed by more and more enterprises with the same believing. More business opportunities will sprout out one after another based on the same recognition.