Sustainable Goals
With sustainable development strategy as the foundation, FENC established short-term (2024), mid-term (2025) and long-term (2030) targets with tracking mechanism on the yearly progress, taking steady strides toward sustainable development goals.
Optimizing Employee Care
Establishing International Talent Acquisition Database
Protecting Human Rights
Cultivating Sustainable International Management Talents
Zero Occupational Injuries for Employees and Contractors
Zero Occupational Illnesses for Employees and Contractors
Zero Fire and Chemical Leakage
Construct Sustainable Supply Chain
Action Plan
- Conduct career path interviews tailored to employees’ conditions and needs.
- Establish an assistance program for expat employees.
- Establish employee care mechanisms.
- Establish skills certification systems with regular review over promotion criteria.
2023 Progress
- Conduct evaluations through external agencies.
- Expand satisfaction survey to overseas FENC sites.
- Planning employee care mechanisms.
Annual Target
2023
- Expanding employee satisfaction survey to cover overseas sites.
- Planning employee care mechanisms.
2024
- Launching the preparation for employee assistance.
2025
- Providing ongoing attention to employees’ career development needs.
- Reinforce expat employee assistance.
2030
- Optimize employee care measures continuously.
Note: The target, “Reducing Turnover Rates Among Expat Employees,” was merged into “Optimizing Employee Care.
Action Plan
- Combine the talent information of the operating bases in various regions.
- Import new personnel information, and add personal professional training records, professional license records, project results, annual management performance and other information.
- Used for key cadre rotation, linked to employees’ individual development plan (IDP).
2023 Progress
- Complete the DISC personality test and leadership development programs with information such as test results, performance appraisals, special projects and job competencies linked to the Talent Pool.
Annual Target
2023
- Adding ancillary information such as performance appraisals, projects, and functional aptitude test results.
2024
- Provide comprehensive training for supervisors to evaluate staff’s job suitability and identify matches for appropriate corporate or academic training.
2025
- Enhancing data visualization and present materials to the management for organizational planning and fostering corporate development.
2030
- Expanding the global talent platform to cover FENC employees worldwide.
Action Plan
- Conduct human rights due diligence on a regular basis.
- Ensure the consistency of personnel regulations, work rules, and codes of conduct and compliance with international human rights requirements across FENC’s global sites.
- Fully implement risk mitigation and remediation measures and address each grievance claim properly to continue risk reduction.
2023 Progress
- Implement mitigation and remediation measures addressing salient human rights risks across FENC’s global operation and production sites.
- Distribute self-assessment forms for internal audits on human rights policies with a 100% returning rate from FENC’s global operation sites.
Annual Target
2023
- Examine the progress of mitigation and remediation measures addressing salient human rights risks at FENC’s global operation sites.
2024
- Conduct the second human rights due diligence.
2025
- Conduct on-site plant inspections to address salient risks.
2030
- Ensure all human rights are respected with high standards across FENC’s global sites.
Note: The target, “Protecting Human Rights” was added.
Action Plan
- Purchase digital learning courses and platforms with new learning applications.
- Create the leadership learning map.
- Provide monthly dashboard reports on training data to supervisors to monitor employees’ learning progress at all times.
2023 Progress
- Conduct human rights promotion and training across FENC sites with 100% coverage.
- Increase digital learning hours by 56%.
- Pass down sustainable business philosophies and experience by adding 230 organizational knowledge courses produced in house.
Annual Target
2023
- Expanding the cultivation of sustainable talent with 100% coverage with ESG and sustainable development as the guiding principle.
- Increasing digital learning training hours by 10%.
- Passing down the sustainability legacy by producing 50 organizational knowledge courses.
2024
- Cultivate 50 local managers at FENC’s overseas sites.
- Cultivate 100 Taiwanese managers with international leadership capabilities.
- Pass down sustainable business philosophies and experience with a total of 300 organizational knowledge courses.
2025
- Cultivate 100 local managers at FENC’s overseas sites.
- Cultivate 150 Taiwanese managers with international leadership capabilities.
- Pass down sustainable business philosophies and experience with a total of 350 organizational knowledge courses.
2030
- Cultivate 500 local managers at FENC’s overseas sites.
- Cultivate 200 Taiwanese managers with international leadership capabilities.
- Pass down sustainable business philosophies and experience with a total of 400 organizational knowledge courses.
Action Plan
- Implement safety and health coaching and audits.
- Enhance training and promotion regarding occupational safety and health among employees and contractors.
- Implement occupational safety and health management systematically.
- Establish smart safety and health management.
- Promote pre-work risk hazard recognition.
2023 Progress
- Occurrence(s) at each business site: 2.5.
1.5 occurrences less than 2022.
Annual Target
2023
Occurrence(s) at each business site: 3
2024
Occurrence(s) at each business site: 2
2025
Occurrence(s) at each business site: 2
2030
Occurrence(s) at each business site: 0
Action Plan
- Avoid exposing employees to chemical, physical and ergo risks during operation.
- Provide health checks for employees engaging in regular operations or those posing health threats.
- Provide onsite employee health services.
- Implement programs related to health promotion.
2023 Progress
- Occurrence(s): 0
Annual Target
2023
Occurrence(s): 0
2024
Occurrence(s): 0
2025
Occurrence(s): 0
2030
Occurrence(s): 0
Action Plan
- Add lists of flammables as standards for risk prevention during construction.
- Conduct comprehensive review over contractor management rules.
- Strengthen review on control operation.
- Conduct training on risk factor identification and prevention.
- Enhance safety drills for fires and chemical leakage.
- Examine firefighting apparatus and personal protective equipment.
2023 Progress
- Occurrence(s): 0
Annual Target
2023
Occurrence(s): 0
2024
Occurrence(s): 0
2025
Occurrence(s): 0
2030
Occurrence(s): 0
Action Plan
- Conduct supplier engagement through multiple channels to improve sustainability awareness.
- Set Supplier Code of Conduct and Corporate Social Responsibility Commitment Statement t as one of the selection criteria.
- Conduct supplier meetings to convey FENC’s objectives in corporate sustainability.
- Conduct ESG campaigns and training.
- Increase green procurement each year.
- Implement and participate in social engagement activities with suppliers.
2023 Progress
- Percentage of suppliers signing Supplier Code of Conduct and Corporate Social Responsibility Commitment Statement: 94%
Annual Target
2023
- Percentage of suppliers signing Supplier Code of Conduct and Corporate Social Responsibility Commitment Statement: 85%
2024
- Percentage of suppliers signing Supplier Code of Conduct and Corporate Social Responsibility Commitment Statement: 95%
- Collect and analyze supplier ESG performance into the supplier selection process at main procurement units.
2025
- Significant suppliers’ ESG performance in line with the Company’s sustainability development goals.
- Percentage of suppliers signing Supplier Code of Conduct and Corporate Social Responsibility Commitment Statement: 96%
- Incorporate ESG performance into the supplier selection process at procurement units and expand the scope of implementation year by year.
2030
- Percentage of suppliers signing Supplier Code of Conduct and Corporate Social Responsibility Commitment Statement: 100%
- All suppliers’ ESG performance in line with the Company’s sustainability development goals.
