Asia Cement Corporation and FE SOGO Department stores won the National Sustainability Development Award

        In response to the global goal of net zero, Far Eastern Group has actively implemented the vision of sustainable strategy. Asia Cement Corporation and FE SOGO Department stores won the "National Sustainability Development Award" issued by the Executive Yuan on December 14, which was respectively received by representatives of K. Y. Lee President and Sophia C.W. Huang Chairman. Asia Cement Corporation not only won the prize, but also was the only cement company that has ever won the national recognition; However, FE SOGO Department stores won the second trophy again after five years of violation, and it is also the only department store that won the prize this year.

        Asia Cement Corporation: Sustainability is not a slogan! Innovation and transformation won national recognition

        The awarding ceremony of the "National Sustainability Development Award" was hosted by the Council for Sustainable Development of the Executive Yuan. K. Y. Lee President, who attended the awarding ceremony on behalf of Asia Cement Corporation, said that the word "sustainability" is easy to write, but it is complicated to do. Asia Cement Corporation, as a leading brand in the cement industry in Taiwan, established the "Enterprise Sustainability Committee" by the Board of Directors, Systematically set the long-term strategic direction. In line with the goal of the United Nations Sustainability Development, Hoo is linked with the company's core strengths, and implements the sustainable strategic vision from top to bottom on the basis of honest operation.

        The United Nations Intergovernmental Panel on Climate Change (IPCC) warned in 2021 that global warming is accelerating and is likely to rise by more than 1.5 ° C in 20 years. Asia Cement Corporation has already prepared a series of net zero blueprints, set a schedule and goals, and implement them one by one; It is not only the first cement kiln waste heat recovery and power generation equipment in Taiwan, but also the first cement industry in Taiwan to take the life cycle as the concept, from raw materials, manufacturing process to products, and complete inventory of product carbon footprint; The high-temperature rotary kiln is also used as an important driving force of the venous industry recycled economy, and a large number of alternative raw materials and fuels are used to reduce the consumption of natural resources; At the same time, it launched various low-carbon cement products and combined with its subsidiaries to create a low-carbon value industrial chain.

        It is worth mentioning that the low-carbon plastered cement developed and produced by Asia Cement Corporation can not only reduce the consumption of natural minerals by 6%, but also reduce the greenhouse gas emissions by 16%. According to statistics, if the whole set of mud is used for decoration construction, the low-carbon plastered cement will reduce the greenhouse gas emissions by 264 thousand tons a year, equivalent to the carbon adsorption of 679 Da'an Forest Parks!

        Demonstrate the determination of Sustainability Development with action

        Asia Cement Corporation also adopted ISO 50001 energy management system to develop internal carbon pricing as a management tool for emission reduction, and gradually improve the energy efficiency of the process and optimize the air pollution management system; In addition, Asia Cement Corporation is actively investing in the research of carbon capture and reuse CCU innovative technology, hoping to solve the two major problems of carbon emissions and waste disposal together with innovative negative carbon technology, and achieve the goal of net zero by 2050.

        In the social aspect, Asia Cement Corporation put forward four major sustainability development policies, namely "creating a happy workplace, fostering vulnerable groups, cultivating cultural heritage, and creating an inclusive society", to work hard to improve the positive forces of society. As for the neighboring Hualien factory and mining tribe, the benefit sharing mechanism of the 21 major items and friendly aboriginal friends proposed by Asia Cement Corporation is also being actively implemented; In order to promote local innovation, Asia Cement Corporation, in combination with Far Eastern Group resources and the Department of Art and Design of Yuan Ze University, held a large-scale event in the Taroko Cultural and Creative Industrial Park on December 17, which included exhibitions, fairs and music performances, so that the people can experience the local culture while enjoying the Hualian characteristic catering and experience the beauty of local life.

        Asia Cement Corporation stressed that when the earth becomes our daily life, enterprises are absolutely duty-bound. Whether it is corporate social responsibility (CSR), environmental, social and corporate governance (ESG), or sustainability development goals (SDGs), Asia Cement Corporation has proved by its actions that it does not take sustainability as a slogan, but practices sustainability and never stops.

        FE SOGO Department stores: implement sustainable internationalization

        Sophia C.W. Huang Chairman said that when FE SOGO Department stores won the National Sustainability Development Award in 2017, it was the 30th anniversary of the establishment of the company. The first entry was the first department store winner. It was a great honor to set an example for Taiwan's society and industry and work with stakeholders to play a comprehensive role on the sustainable road; The year 2022 coincides with the 35th anniversary of the company, and won the recognition of the National Sustainability Development Award again. The establishment of sustainability is the way to continue.

        In recent years, the world has regarded net zero as the ultimate goal of sustainability. The FE SOGO Department stores lead the regulatory schedule, and the "Task Force on Climate-Related Financial Disclosures (TCFD) Recommendation" (TCFD) was first introduced into the sustainability report in 2021; He joined the international initiative organization EP100 in 2022, and was the first retail department store member in the Asia-Pacific region to join. He promised to increase energy productivity by 50.52% by 2028 with 2018 as the benchmark year, set the medium-term carbon reduction target of 2030, which is focused on by international trends, and submit a report to the International EP100 General Office every year as a model of department stores.

        Expand green influence

        The carbon emission of the manufacturing of the department stores is not as high as that of the manufacturing industry, but the FE SOGO Department stores took the lead in the retail industry of the department stores in Taiwan as early as 2015, and obtained the first "carbon label", defining the PCR of the retail service industry of the department stores (product category rules of carbon footprint); In the spirit of ISO 50001 energy management system, optimize the process equipment and technology of the service industry, not only the electricity revenue reached a new high in recent five years, but also the unit water consumption was the lowest in four years; We will actively develop renewable energy. At present, we have two solar farms, Tianmu and Hsinchu. We will strive for renewable energy certificates and increase the proportion of green power.

        In addition to its own energy conservation and emission reduction, FE SOGO Department stores also lead the green consumption awareness with counters and suppliers; Since last year, we have focused on the three sustainable development blueprints of "energy conservation and emission reduction", "sustainable consumption", and "circular business model", combined with stakeholders to create a one-stop green consumption field, guided the catering counter to apply for the environmental protection administration "green restaurant" certification, and developed a sustainable business identification system of "SOGO Sustain Good Choice", so that customers can easily love the planet through consumption, It also drives the trend of green consumption with interesting SOGO APP member interactive games.

        Net zero carbon reduction action is a model for the department store industry

        FE SOGO Department stores will further assist in the development of social innovation and start the social good cycle. For example, take the lead in the trial launch of the Kejia recycling packaging box in the department store channel, reducing the carbon emissions by more than 360 kg a month; And the Ministry of Economic Affairs of the People's Republic of China ˊ Business firms "jointly organize Taiwan's largest social innovation exhibition to recommend good products;"; Large-scale small agricultural exhibitions were held normally to cultivate a stable high-end and sustainable consumer base. The unit price of customers rose by 19% against the trend of the epidemic.

        On the other hand, FE SOGO Department stores Tianmu store is the first department store in Taiwan to carry out carbon inventory. In addition to being the first department store to obtain carbon labels, it is also the first department store to win the environmental protection administration's "service carbon label" into green procurement. In 2022, it will also win the environmental protection administration's low-carbon product award. Sophia C.W. Huang Chairman detailed the sustainable performance of FE SOGO Department stores and pointed out that Tianmu Store is not only a model, but also a seed. From 2023, all stations in Taiwan will independently carry out carbon inventory and greenhouse gas inventory. It is planned to obtain all carbon reduction labels in 2028, and become a department store with environmental protection administration's "service carbon label" included in green procurement, thus driving the retail supply chain to move towards net zero.

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