FENC Wins Three Prestigious International Finance Awards, Reinforcing Its Leadership in Sustainable Finance
Far Eastern New Century (FENC) has once again demonstrated its outstanding capabilities in the global financial market by winning three prestigious international awards: “Best Sustainable Treasury Solution” at the Adam Smith Awards Asia by Treasury Today, “Best Sustainable Finance Deal” at the Achievement Awards by FinanceAsia, and “Best Sustainability Exchangeable Bond” at The Asset Triple A Sustainable Finance Awards. These accolades not only affirm FENC’s leadership and market influence in sustainable finance but also highlight the recognition from global institutions for its efforts in driving green transformation, setting a new benchmark in the industry.
For years, FENC has actively leveraged innovative financial instruments to accelerate low-carbon transformation and circular economy development. In 2024, responding to government initiatives for sustainable financial innovation, FENC issued Taiwan’s first Sustainability Exchangeable Bond, adopting strategies such as process optimization, equipment upgrades, and energy management to advance corporate sustainability transformation. The company is committed to achieving a 50% reduction in carbon emissions, 50% green products, and 50% green raw materials by 2030. This initiative incorporates Asia Cement Corporation and Far Eastern Department Stores as exchangeable targets, fully utilizing the advantages of integrating equity and debt to diversify fundraising channels.
FENC has consistently been awarded by prestigious international accolades, demonstrating excellence in capital market innovation and corporate financial strategy. Its achievements have successfully attracted global investor attention, establishing a benchmark in sustainable finance and reinforcing its leadership and market influence. Looking ahead, FENC will continue to advance its sustainable finance strategy, integrate green technology innovations, and collaborate with industry partners to drive a low-carbon economy, contributing to a more sustainable future worldwide.
