Sustainalytics is one of the major global ESG research institutes in the world. The scope of its research covers more than 11,000 businesses around the world, including the top 400 Taiwanese companies listed on the stock exchange. The ratings report serves as a reference for institutional investors around the world.

In October 2019, the Advisory Service Team at Sustainalytics invited FENC for a face-to-face meeting. The schedule coincided with 2019 TITAS, Taipei Innovative Textile Application Show, so the meeting took place at the exhibition floor. The Sustainalytics team felt first-hand the wide array of eco-friendly innovations that the Company offered.

Communications with ESG institutions such as Sustainalytics typically take place in the form of written correspondence. The face-to-face meeting was beneficial for deepening mutual understanding. The team was impressed with FENC’s sustainability performance and diverse asset framework. The meeting also gave us insights into the rating methodology Sustainalytics adopts and what the organization expects in terms of key directions for corporate sustainable development and governance.

The overall Sustainalytics ESG rating for FENC is 72.45. Among the individual scores, the environmental category is the highest at 87.54. (As of January 1st, 2020.)