FENC's commitment to corporate sustainability is consistent. With top global enterprises as the role model, FENC encourages company-wide search for solutions to mitigate effects of climate change. On August 21^st, 2020, FENC signed TCFD. FENC is the 26^th Taiwanese corporation among the nearly 1,700 global enterprises that signed TCFD by December 2020, and the first among Taiwanese polyester industry. In addition, FENC is the first traditional manufacturing enterprise in Taiwan to issue the declaration of signing and support.

FENC looks forward to be joined by more industry peers to capitalize on the TCFD framework, identifying climate-related financial impacts and refining corporate strategies. Meanwhile, by developing an array of projects that help mitigate effects of climate change, we are creating a more sustainable future on earth.

 

Declaration:

Far Eastern New Century Corporation

Climate change is the defining issue of our time with enormous impacts on the global environment, society and economy. FENC has long been committed to pursuing the vision of a circular economy, hoping that it can make some contribution to mitigate the impacts of climate change through bringing a diverse range of eco-friendly and low-carbon green products to the world.

The TCFD frameworks provided by FSB have been conducive to our clearer elaboration on how FENC has addressed and responded to the risks and opportunities posed by climate change, and thereby more transparent communication with all stakeholders. Based on such frameworks, FENC assessed the impacts of climate change on the company and crafted our climate change management strategy. It is our sincere hope that more like-minded companies will join us in our effort to create a more circular, sustainable and promising future.

 

- Far Eastern New Century Corporation