FENC has been widely recognized for fostering sustainable development. In 2023, the Company received the National Sustainable Development Award from the National Council for Sustainable Development, Executive Yuan, winning the honor as a first-time contender. The award speaks to FENC’s triumph in creating win-wins for the corporate community, civil society and natural environment through its core capabilities. 

With a long track record in the development of the circular economy, FENC is the proprietor of a comprehensive range of recycling and remanufacturing technologies that tackle waste from the land, ocean and air. Its persistent dedication to product R&D and innovation has given the Company a globally leading presence in the production of food contact rPET and ocean recycled polyester filament, which are high-value products that require high technological thresholds. 

To answer the call for carbon reduction from the international community, FENC has been taking aggressive strides towards decarbonization. With an internal carbon pricing system already in place for 2024 and applicable to its worldwide production sites, the Company is also in the process of establishing a renewable energy usage program with the same scope of application.

To expand its social influence, FENC launched a campus environmental education campaign, “The Transformative Magic of Circularity,” in 2023. Focusing on the promotion of the circular economy, FENC offered the program on campus for free. The Company has planned to offer 107 sessions in 2024, which will reach over 6,000 students and teachers.

In addition to the National Sustainable Development Award, for the fourth consecutive year, FENC was acknowledged by the Taiwan Corporate Sustainability Award with its highest honor, Top Ten Taiwanese Companies Sustainability Model Award. The Company also reached 4.1 in FTSE Russell’s ESG Scores, ranking fifth among companies listed on TWSE, and scored within the top 3% of the global chemical sector in Sustainalytics ESG Risk Ratings.

Looking forward, FENC will continue to uphold the sustainable paradigm, leading sustainable endeavors and inspiring more corporate participation on the path towards a low-carbon future.