Far Eastern Department Store was awarded the National Sustainable Development Award for promoting green consumption

        The 2018 National Sustainability Development Award was awarded on December 28. Far Eastern Department Store was recognized as the "business class" for its sustainable growth model of "economic, environmental and social win-win". It was commended by President Lai Qingde of the Executive Yuan. Far Eastern Department Store Nancy HsuPresidentidentidentident personally attended the award. Far Eastern Department Store, which has internalized environmental protection, service and public welfare into DNA, will continue to fulfill its social responsibility and lead the department store industry into a new era of Sustainability Development.

        The National Sustainability Development Committee of the Executive Yuan commends and promotes the outstanding performance units of Sustainability Development and encourages the whole people to participate in Sustainability Development promotion so as to realize the goal of Sustainability Development in localization and bio-activation, realize the national Sustainability Development vision and set up the National Sustainability Development Award to affirm it. Effectiveness of enterprise efforts.

        Far Eastern Department Store has been working in the field for 51 years. It always pursues excellent corporate governance in the spirit of innovation and change, and pays special attention to giving back to the society. It has become the basic value of enterprises'sustainable operation, expecting to build a win-win sustainable growth model of economy, environment and society. Far Eastern Department Store was awarded the first prize in the enterprise category after three stages of strict challenges, namely, the primary (written review), the re-election (field visit) and the final (strict selection by the judges in meetings) of the National Sustainability Development Award.
        

        Double E Growth Enterprise
         Far Eastern Department Store is steadily operating in the face of the new retail wave. On the one hand, it makes good use of technology and develops the digital retail future, making itself the sole development of "Three E" (Edited Simplicity, Elevated Fashion, Exclusive). On the other hand, it is a double E growth enterprise. Through operational strategy and management innovation, it can improve EPS profitability and fulfill its social responsibility on EGS. Navigating the department store industry into a new era of Sustainability Development.

        In the field of environmental protection, we should combine science and technology with fashion and environmental protection to create green shopping malls and practice the concept of environmental sustainability. Over the past five years, the cumulative energy saving is 33 million degrees. The carbon reduction effect is equivalent to that of 67 Da'an forest parks, which absorb carbon in one year, adopt 424 green areas of road trees, and hold three environmental education activities on average every month. 56,000 environmental gift and shopping paper bags are all environmental protection paper bags certified by FSC rainforest, which promotes the reduction of packaging. In 2017, the consumption of packaging materials for each transaction is reduced by 16%.

        In terms of public welfare, the 10 stores in Taiwan have made full use of the platform strength of public welfare resources to organize more than 300 public welfare activities, and held Christmas public lighting for nine consecutive years, caring for more than 1,500 migrant children. Employees have also displayed the caring spirit of Far Eastern Department Store people, spontaneously formed volunteer teams to participate in street sweeping and beach cleaning, personally practicing environmental protection, serving the society and connecting with love for a better life. 。

        Combining Social Responsibility with Business Strategy
         Michael E. Porter, a world-renowned master of competitiveness, said, "The combination of social responsibility and business strategy is the source of new competitiveness for enterprises in the future". Far Eastern Department Store's recognition of corporate social responsibility is the same. While pursuing the steady growth of enterprises, it also cares for people, gives positive energy to the environment and society, and creates a happy green life for Taiwan through dialogue with consumers through products and services.

        Far Eastern Department Store Nancy HsuPresidentidents thanked the "National Sustainability Development Award" for its affirmation that Far Eastern Department Store promotes the sustainable development of enterprises. In the 51 years of its development in Taiwan, Far Eastern Department Store has accumulated little in all aspects of public welfare and environment: less packaging, less electricity, more public welfare... It is this perseverance and effort that gives us the opportunity to be recognized at the national level.

        Far Eastern Department Store will take this national affirmation and glory to the road of enterprise Sustainability Development, and create benchmarks in "green consumption, social welfare and intelligent retailing", shaping the value of sustainable operation of enterprises, leading Taiwan's department store business to a new milestone.