Non-profit Cause

Devoting over half a century to social causes, FENC aims to promote the well-being and broadens international perspective within the society.

With the belief, “benefited from the society, returning benefits to the society,” FENC has been dedicating itself to non-profit and charitable causes for over half a century. The Company promotes the well-being and broadens international perspective within the society through its core strengths or capital, and gives back to the public by establishing non-profit organizations powered by synergistic efforts within the corporation. Such efforts have brought together forces from all fields, creating a coalition that fosters inclusion and understanding and paving the way to a beautiful society.

Amount Invested in Social Engagement and Percentage to Profits After Tax

Unit: NT$ million

Note:
1. The total amount invested in social engagement includes the main subsidiaries on FENC’s consolidated statement. Among them, FarEasTone Telecommunications, Co., Ltd publishes its own Sustainability Report.
2. The 2020 social engagement investment grew considerably due to a donation totaling NT$118.751 million for the establishment of Y. Z. Hsu International Conference Hall. Without this donation in 2021, the total dropped by 53% compared to 2020.

Social Engagement at FENC Sites

FENC’s worldwide operation spans across Taiwan, mainland China, Vietnam, Japan and the U.S. For years, FENC has been building rapport with residents in the communities adjacent to its operation sites, such as Hsinchu County and Taoyuan City in Taiwan. The company engages community organizations and provides resources, such as venues for community assemblies or fire drills. The Company also extends a helping hand to the underprivileged members of the community, conduct beach cleanup campaigns and help schools and local neighborhoods clean their environment. Volunteers from all FENC sites contributed a total of 3,341 hours to non-profit causes in 2023. In order to promote the circular economy, recycling and reuse, FENC formed partnerships across disciplines to develop environmental education programs, spreading the seeds of recycling and circularity.

Expanding Social Influence Through Core Strengths

FENC taps into its core competencies in the implementation of environmental education, trying to raise public awareness of recycling and environmental protection. For instance, FENC partners with B Corporations on the development of “The Transformative Magic of Circularity,” a school program targeting fifth and sixth graders featuring the circular economy. This is a free on-campus program offered to schools adjacent to FENC production sites in Taiwan. As of the end of January 2024, 42 sessions had been held, which benefited 2,204 students. FENC production sites in Vietnam also joins AEON Vietnam Co., Ltd. (AEON) and holds regular environmental festivals, where the Company interacts with participants through lectures, games and exhibitions to help them be familiar with recycling concepts and proper recycling methods. Additionally, FENC built displays showing the process and applications of PET bottle recycling and remanufacturing. The displays have been provided to Beitou Refuse Incineration Plant since 2015 as part of the exhibits at its environmental education center, the Egret Academy, to boost public understanding towards the recycling of PET bottles. Aside from the above, FENC production sites also incubate future talents by offering internship opportunities to students.

Community Care and Sustainability Action

FENC production sites advocate the United Nations Sustainable Development Goals (UNSDGs) by participating in a wide array of community activities. Among them is the donation made by OGM to Shulin Elementary School to repair the pavement near the school entrance. In 2022, FEIW donated the Far Eastern Sky Farm to Wuxi Child Welfare Center. The goodwill continued in 2023 with additional donation of goods. Meanwhile, a visit to the Wuxi Child Welfare Center was arranged for the children of FEIW employees as a summer camp activity, where the children interacted through games. FEAV also shows its support for community care through ongoing sponsorship to orphanages. In 2023, all FENC production sites continued their efforts in social engagement, mitigating social and environmental issues by focusing on the eradication of poverty, improvement of sanitation and protection of the natural environment.

Social Engagement by Corporate Foundations

FENC believes in “benefitting from the society, returning benefits to the society.” The Company has been branching into charitable causes since the 1960s, devoting attention to education, arts, culture, healthcare and technology while dedicating corporate resources to humanitarian care for local communities. It is the hope that by providing long-term support in social engagement, FENC will bring warmth to all who are in need.