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06.2021 Honor and Personnel Change

FEG won three awards of “Global Views CSR”

Far eastern New Century Corporation / Sha Yimin
757B01

        Far Eastern Group shone brilliantly in this year’s Global Views CSR awards. Far Eastern New Century Corporation won the "ESG comprehensive performance - traditional industry - Model Award", Pacific SOGO Department store won the "ESG comprehensive performance - General Service Industry - Model Award", and Big city won the "outstanding scheme - Happy enterprise group - Model Award", three awards made FEG rank the first among the Taiwan’s groups. Douglas Hsu, as the chairman of the group, personally attended the award presentation ceremony on May 3 and received the award on behalf of Far Eastern New Century Corporation.

        

        Far Eastern Group Chairman Douglas Hsu said that during the post epidemic new normal, enterprises must reset their business thinking, use new indicators to measure business efficiency, and create maximum value for all stakeholders through reform, transformation and innovation. Each company of Far Eastern group promotes ESG (environment, society and corporate governance) from top to bottom, establishes a complete system, and all measures and implementation performance are continuously advancing according to the goals.

        

        Far Eastern New Century Corporation is the world's leading enterprise in recycling polyester. It processes more than 60% of the waste PET bottles in Taiwan every year. The global capacity of recycled polyester is equivalent to 21 billion waste PET bottles every year, contributing 900000 tons of carbon reduction every year, which is equivalent to the carbon absorption of 2300 Da'an forest parks. In 2020,FENC made a breakthrough in technology, turning waste polyester into raw materials through chemical circulation, which is expected to solve the global environmental problems of waste textiles. In addition, in the face of the epidemic, it is also fully engaged in production scheduling. It supplies raw materials that can be made into 1 billion pieces skin friendly materials of medical grade masks in Taiwan. It is the world's largest supplier of medical grade PE / PP and PE / PET composite fibers.

        

        Pacific SOGO Department store, a model of CSR in department stores, has won the award of Global Views for the third time. Its outstanding CSR performance is not only ranked the first in department stores in Taiwan, but also ranked the first in the service industry. Under the severe epidemic situation, SOGO is the most responsive channel in Taiwan's retail industry. It has formulated 20 epidemic prevention guidelines to build a safe and secure store, and improved customers' consumption intention. The performance of each store has not decreased, but increased. At the same time, it also protects the right of staff, so that they have no worries about the economy. In addition, in order to welcome the "new life during epidemic prevention", SOGO held the first culinary competition with the theme of "epidemic prevention meal" in Taiwan, and launched the first set of game cards on the market, which combined epidemic prevention and environmental education, to deepen environmental education with the content of entertainment.

        

        Big city, which is also a retail industry, won the prize for "Big city, big happiness, big promotion of workplace experience". It brought the service thinking of improving customer experience into the workplace management, and through the talent development, health promotion and balance between life and work program, "3 big" strategy of improving the well-being of suppliers, it formed a positive cycle of employees, suppliers and enterprises, leading the industry and sharing benefits with 2800 resident supplier partners. In the past three years, they have benefited more than 58000 people, including Far Eastern big city shopping malls employees and supplier partners. It has effectively solved the problem of high turnover rate of retail service personnel, which has been affirmed by the jury.

         

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