E-invoices issued by the Ministry of Finance of Taiwan was awarded the “RFID Green Award” by RFID Journal, as it has demonstrated the best use of RFID technology to improve the environment, increase recycling or enhance sustainability.
The winner of this years RFID Green Award, the Fiscal Information Agency of the Taiwanese Ministry of Finance, said that there are about 8 billion uniform invoices (most of them B2C receipts) issued annually in Taiwan. The amount of paper consumption for these 8 billion invoices equals to 80,000 trees felled as well as the 3,200 tons of carbon dioxide emission.
Meanwhile, electronic invoice applies RFID technology and multi devices to replace paper invoices, significantly reducing unnecessary paper waste and carbon dioxide emissions and revealing the key factor of winning the award.
Download here the presentation on the Taiwanese E-invoicing Set-up.
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