Far Eastern Group ESG comprehensive layout wins 66 sustainability awards
From:Far Eastern Magazine/ Editorial Room

 Far Eastern Group's subsidiaries, with their core advantages, deepen low-carbon transformation, recycled economy, governance innovation, technology application, and inclusive workplace, demonstrating cross industry sustainable competitiveness. At the "Global Corporate Sustainability Forum and Joint Awards Ceremony" on November 26th, they won a total of 66 awards, including the "TCSA Taiwan Corporate Sustainability Award" and the "GCSA Global Corporate Sustainability Awards," setting a new historical high. They have also won the "Most Award Winning Group in Taiwan" for nine consecutive years, demonstrating the group's deep layout and sustainable strength in various ESG aspects.Far Eastern Group performed outstandingly in this selection, among which Far EaseTone Telecommunication was awarded the "Top 10 Sustainable Model Enterprises (Service Industry) in Taiwan"; Asia Cement Corporation 、 Far Eastern Department Stores 、 FE SOGO Department stores 、 Far Eastern International Bank 、 U-Ming Marine Transport Selected as one of the "Top 100 Sustainable Model Enterprises in Taiwan"; Everest Textile and Oriental Union Chemical Corporation have been awarded the title of "Taiwan Sustainable Outstanding Enterprises"; Yuan Ze University has been awarded the title of 'Taiwan Sustainable Model University'. The Group's Sustainability Report not only won 12 TCSA Sustainability Reporting Awards, but also received 5 more recognitions in GCSA Sustainability Reporting, demonstrating a high level of information disclosure. In addition, Far Eastern Group has won 37 TCSA Sustainable Single Performance Awards, showcasing the depth and breadth of sustainability in ten industries including polyester spinning, cement and building materials, petrochemical energy, department store retail, telecommunications, finance, transportation, and public welfare, establishing its position as a sustainable model.
Far Eastern Group actively promotes low-carbon and climate management, and various enterprises adopt scientific methods to introduce carbon reduction pathways. Far Eastern New Century Corporation has passed the SBTi scientific basis reduction target audit and become the world's first chemical fiber enterprise to pass through the 1.5 ° C pathway, integrating carbon reduction into its operational core. It has achieved its short-term carbon reduction target of 2025 ahead of schedule and has been listed as the highest level on the CDP A-List; Far EasTone Telecommunications is the first telecommunications operator in Taiwan to achieve the SBTi 1.5 ° C short-range target, actively promoting low-carbon operations and continuously reducing greenhouse gases and electricity consumption, moving towards 2048 net zero; Asia Cement Corporation adopts a dual axis strategy of low-carbon processes and recycled economy. All products have passed ISO 14067 carbon footprint verification and have been awarded the Ministry of the Environment's carbon label, setting a record for the lowest carbon footprint in Taiwan. It is also the only cement industry to achieve SBTi carbon reduction targets year after year; U-Ming Marine Transport has introduced energy-saving technology with wind assisted propulsion, effectively reducing fuel consumption and carbon emissions, and consolidating its leading position in energy conservation and carbon reduction; Everest Textile strengthens energy conservation, carbon reduction, and water resource management, demonstrating the effectiveness of low-carbon transformation; Oriental Union Chemical Corporation collaborates with Ya Tung Ready Mixed Concrete Corporation to develop carbon sequestration green material applications. Far Eastern Memorial Hospital promotes carbon reduction through AI applications, energy management, and recycled economy, showcasing a sustainable model of smart and green healthcare institutions; Yuan Ze University has set goals for carbon reduction by 2030 and net zero by 2050, actively implementing a low-carbon campus. Far Eastern Group leads the low-carbon transformation of various industries through pragmatic carbon reduction actions and innovative technologies.
Faced with the wave of digital technology, Far Eastern Group focuses on robust governance and integrates smart technology and digitization into operational management. Far EasTone Telecommunication has been ranked in the top 5% of corporate governance evaluations for 11 consecutive years, with the highest honor of driving digital transformation and combating fraud through the "Far EasTone Telecommunication Intelligence" AI platform; Far Eastern International Bank strengthens information security through the Bankee community banking, leading in digital finance, fraud prevention technology, and customer experience; Oriental Securities Corporation deepens sustainable finance and digital services to achieve long-term value of customer assets; FE SOGO Department stores enhance organizational resilience through multiple ISO management standards and have won the highest level Platinum Award in the TCSA Sustainability Report for four consecutive years, serving as a benchmark for retail sustainability information disclosure.
Far Eastern Group adheres to the concept of "people-oriented" and deeply cultivates talent development. Far Eastern Department Stores has won the "Innovation Growth Leader Award" for ten consecutive years, setting a unique record in the department store industry and showcasing the sustainable value of the retail industry in gender equality and a healthy workplace; Far Eastern Big City Shopping Malls has developed unique benefits that make employees feel happy, resulting in a 5% decrease in turnover rate. Through comprehensive deepening in the areas of environment, society, and governance, Far Eastern Group continues to move towards a more resilient and forward-looking sustainable future, creating long-term value for society.

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