Post Date：2026.05.07

Far Eastern New Century Corporation (FENC) won the outstanding award in the comprehensive performance - traditional industry category and the first prize in the outstanding project - low carbon operations category at the 22nd Global Views ESG Corporate Sustainability Awards. The president of Corporate Management, Humphrey Cheng, attended the ceremony today (May 7) to accept the awards and deliver remarks.

FENC secures first prize in the outstanding project "Low Carbon Operations" for the third time, the most among Taiwanese enterprises (Photo Credit: FENC)

"FENC has been dedicated to the recycling industry for nearly four decades, emerging as the world's largest supplier of food-grade recycled polyester," stated the president of Corporate Management, Humphrey Cheng. "We continually refine our R&D in recycled polyester technologies, broadening the practical applications of the circular economy across various industries. Moving forward, we will leverage our core competencies to collaborate with stakeholders across sectors, integrating the value chain for a low carbon transition."

Confronting the global challenges of climate change, FENC takes a proactive stance, treating sustainability as crucial to corporate survival and development. The Company has established a clear "Three 50%" target for 2030: a 50% reduction in greenhouse gas emissions, a 50% share of green products, and a 50% share of green materials, serving as the core engine for business model transformation.

To navigate trends in regionalization and localized production, FENC has proactively deployed a globally integrated industrial advantage, establishing comprehensive production bases in Taiwan, Mainland China, Vietnam, Japan, the U.S., Malaysia, and the Philippines. In 2025, the new recycled polyester plant in Vietnam commenced operations smoothly. The Company will continue to expand its polyester filament and high tenacity industrial yarn capacity in Vietnam and develop a new recycled polyester plant in Malaysia. This diversified global footprint not only mitigates supply chain risks stemming from geopolitics but also lowers the carbon footprint through localized production, reinforcing its status as the preferred green partner for global brands.

Innovation is the enduring DNA of FENC. Its exceptional R&D team has amassed over 900 patents, with breakthroughs frequently recognized by prestigious international accolades, such as Italy's A'Design Award. Concurrently, the Company is accelerating digital transition, establishing a dedicated project team to drive "AI Empowerment ." From smart drone inspections and Energy Management to generative AI-assisted decision-making systems, FENC is building smart factories to advance automated and precise production. This significantly enhances operational performance, predicts market trends, and bolsters technological competitiveness. Furthermore, FENC promotes digital resilience among employees by offering training in generative AI applications and big data analysis, empowering them to optimize workflows and ensuring every colleague becomes an innovator adept at harnessing technology.

In 2025, FENC achieved the CDP highest "A List" rating in "Climate Change" for the second consecutive year, ranking among global sustainability leaders. Additionally, it retained its inclusion in the Dow Jones Best-in-Class Index (DJBIC) and the S&P Global Sustainability Yearbook. Regarding sustainable finance, FENC garnered numerous financial awards from FinanceAsia and Treasury Today.

※2025 FENC ESG Highlights

Aspect	Highlights
Environment	Greenhouse gas emissions reduced by 40% compared to the base year, achieving the 2025 short-term target ahead of schedule Conducted seagrass restoration in the Penghu waters to promote biodiversity The first Taiwanese chemical company listed as an early adopter by the Taskforce on Nature-related Financial Disclosures (TNFD)
Social	Conducted a global employee satisfaction survey, achieving a 94% overall satisfaction rate 100% of critical suppliers completed the "Supplier ESG Survey" assessment Long-term promotion of circular economy environmental education, with over 10,000 teachers and students participating
Governance	Green products revenue reached NT$50.6 billion, accounting for 41% Strengthened corporate governance by linking board compensation to sustainability targets Raised over NT$90.2 billion in sustainable finance instruments (accumulated up to the end of 2025)

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