遠東新世紀股份有限公司〈原遠東紡織〉,乃台灣規模最宏大、最多元化的紡織及相關產品製造者。本公司共分化纖、紡織、石化、土地開發與轉投資五大事業。

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Sustainable Vision

Sustainable Vision

With innovation as the cornerstone, FENC builds a sustainable future with its partners

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Year

Response to UN SDGs

In 2015, United Nations adopted 17 Sustainability Development Goals (SDGs) with end goals for 2030. FENC responds with various projects to accomplish UN SDGs.

FENC's Contribution to UN SDGs

UN SDGsSustainability Projects
  1. FENC makes regular cash donations to not-for-profit organizations and participates in outreach programs for the disadvantaged, devoting NT$110 million in social engagement.
  2. FEPV made donations to support 5,444 children orphaned due to the COVID-19 pandemic.
  3. FEIW donated the Far Eastern Sky Farm to Child Welfare Center.
  4. FERD held the Christmas Charity Market, inviting ten charity organizations and using zero-waste booths.
  1. FERD held ten charity pop-up markets.
  2. APG Polytech donated Thanksgiving feasts.
  1. As of the end of February 2023, FENC production sites distributed 10.4 million medical face masks and 230,000 home test kits, conducted 350,000 virus screenings and administered 22,000 vaccines to fight the pandemic.
  2. Occupational safety and health training hours grew by 176%.
  3. Far Eastern Memorial Hospital became the first medical institution in Taiwan to receive the HIMSS certification for stage 6 electronic medical record adoption model.
  4. FENC held the FENC Classic Marathon.
  1. FENC offered 119 ESG Series courses, accumulating 10,620 in the attendance count.
  2. Asia Eastern University of Science and Technology established the Malaysia High-Tech Talent Incubator.
  3. The 14th Taiwan Young Student Physicists’ Tournament helps improve English debate and physics skills among youths in Taiwan.
  4. Y. Z. Hsu Innovation Forum generated approximately 5,800 views from the online live stream and 960,000 impressions from online coverages.
  1. Comprehensive deputy and family care leave systems increase female employees’ willingness to return to work after maternity leave with an 83% retention rate.
  2. FENC values gender equality with a 66% increase in female managers in the past decade.
  3. FENC promoted the Maternal Health Care Program.
  1. Plant 2 of OPTC received the third-party verification for the ISO 46001 water efficiency management systems.
  2. The dyeing and finishing plant of FEPV conserved 596,848 kiloliters of water annually by recycling the effluent through the reverse osmosis purification system.
  3. Kuanyin Dyeing and Finishing Plant conserved 45,828 kiloliters of water annually by installing five new high-temperature low-liquor ratio dyeing machines with smart and speed control.
  1. FENC implemented 67 energy conservation projects and avoided 135,168 tCO2e in GHG emissions.
  2. FENC added 15MW in installed capacity for solar power and purchased 97.9 GWh of renewable energy certificates, totaling 110 GWh in renewable electricity usage.
  3. FIGP purchased renewable electricity covering the plant-wide power consumption.
  1. The Company has been listed on the Taiwan Stock Exchange for 55 years, with annual profits and dividends.
  2. Mid-level managers and above may participate in the employee stock ownership plan with 15% contribution from the Company.
  3. FENC has issued 14 sustainable financial products with most being the first in either Taiwan or Asia.
  4. The green product revenues surged by 20%.
  1. FENC devoted NT$730 million in forward-looking R&D.
  2. FENC received 891 patent approvals to date.
  3. The pioneering recycled waste gas polyester received the Accelerated Eco Best Product Award at ISPO TEXTRENDS, Sustainability & Innovation Award from ITMF and the Excelsior Award from the National Innovation Award and Enterprise Asia International Innovation Awards for innovation under the product category.
  4. Hsinpu Chemical Fiber Plant constructed the VR factoryscape service platform.
  1. FENC conducted human rights due diligence with mitigation and remediation measures.
  1. OPSC, FEIS, FEIW and FEAZ lent their helping hands to safeguard the communities against COVID-19.
  2. FENC production sites in mainland China made financial donations to governmental and charitable entities to help fight the COVID-19 pandemic.
  3. FERD cohosted Discovering the Beauty of Tpark with the main New Taipei City Library.
  1. FENC deployed all-encompassing circular technology.
  2. FIGP joined the traceability and visualization project for PET bottle recycling.
  3. FENC’s recycling and upcycling of production technology was approved by FDA.
  1. FENC established the short-, mid- and long-term GHG reduction targets and submitted the commitment letter to SBTi in 2023.
  2. Hsinpu Chemical Fiber Plant was recognized by the Bureau for excellence in GHG reduction.
  3. The 2022 GHG emissions dropped by 11% from the previous year.
  4. FENC conducted the TCFD impact assessment.
  1. FENC is the world’s largest supplier of recycled ocean plastic, which is remanufactured from recycled waste PET bottles from the ocean.
  2. FENC’s recycled ocean polyester filament debuted at the FIFA World Cup as the uniform for multiple teams.
  3. OGM signed an MOU with Blue Ocean Recycling Alliance under Taoyuan City Government.
  1. FENC became the first corporation in Taiwan with approval from the Ministry of Health and Welfare for using rPET in food container manufacturing.
  2. FENC constructed the fabric-to-fabric loop with IKEA.
  3. FENC developed the innovative green material - nylon 56 tire cord fabric.
  4. OGM reused its own waste through the thermal recovery boiler, receiving an award for excellence in resource recycling.
  1. FENC was awarded Best Companies to Work for in Asia by HR Asia.
  2. FENC’s comprehensive risk control was recognized with Taiwan Sustainability Action Awards.
  3. FENC maintains a 13-year default-free streak.
  4. FENC established Speak Up Policy.
  1. FENC ranked among the top 5% in the corporate governance evaluation.
  2. FENC bolstered cyber security and resilience by creating the Information Security Department and appointing the Chief Information Security Officer.
  3. FENC established the Occupational Safety and Health Legal Cloud System.
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