Sustainable Goals
With sustainable development strategy as the foundation, FENC established short-term (2022), mid-term (2025) and long-term (2030) targets with tracking mechanism on the yearly progress, taking steady strides toward sustainable development goals.
Industry Leading Status
Corporate Governance Evaluation
Risk Management System
Exemplary Sustainable Corporation
Action Plan
- Expand production capacity and diverse production base.
- Research and develop innovative products.
- Elevate employee competency.
2021 Progress
- Medical-grade composite fiber: World’s No. 1 in production capacity
- rPET: World’s top 2 in production capacity
- PET resin: World’s top 3 in production capacity
- Non-woven fabric: World’s top 3 in production capacity
Annual Target
2021
Maintaining industry leading status with key products
2022
Maintaining industry leading status with key products
2025
Maintaining industry leading status with key products
2030
Maintaining industry leading status with key products
Action Plan
- Learn from the results of Corporate Governance Evaluation and best practices around the world.
- Make continuous improvements based on corporate conditions.
2021 Progress
- Reaching top 5%
Annual Target
2021
Reaching top 5 %
2022
Reaching top 5 %
2025
Reaching top 5 %
2030
Reaching top 5 %
Action Plan
- Expand the scope of risk control systems.
- Optimize risk control systems with dynamic adjustments.
- Establish risk control platforms.
- Take stock of major risks regularly with tracking and improvement.
- Report risk control progress to the Board.
2021 Progress
- The Company helped solve the slot shortage issues amid container shortages and congested harbors.
- Pandemic control measures were enhanced to reduce operational impact.
- The deferred shareholders’ meeting was held successfully.
Annual Target
2021
Conducting at least 3 risk control projects yearly to ensure sound growth and enhance corporate value
2022
Conducting at least 3 risk control projects yearly to ensure sound growth and enhance corporate value
2025
Conducting at least 3 risk control projects yearly to ensure sound growth and enhance corporate value
2030
Conducting at least 3 risk control projects yearly to ensure sound growth and enhance corporate value
Action Plan
- Ongoing stakeholder dialogue, engagement and feedback.
- Engage heavily in sustainability campaigns and stay on top of current trends.
- Strive for domestic and international sustainability awards.
- Improve international ESG ratings
2021 Progress
- For details on implementation, please refer to the 2021 Sustainability Report.
Annual Target
2021
Implementing 3 annual sustainable projects
Taking part in 3 annual sustainable conferences or awards
Taking part in 3 annual sustainable conferences or awards
2022
Implementing 3 annual sustainable projects
Taking part in 3 annual sustainable conferences or awards
Taking part in 3 annual sustainable conferences or awards
2025
Implementing 3 annual sustainable projects
Taking part in 3 annual sustainable conferences or awards
Taking part in 3 annual sustainable conferences or awards
2030
Implementing 3 annual sustainable projects
Taking part in 3 annual sustainable conferences or awards
Taking part in 3 annual sustainable conferences or awards
