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08.2023 Honor and Personnel Change

Far EasTone Telecommunications has been selected as the 'Taiwan Sustainability Index' consistency stock for six consecutive years

Far EasTone Telecommunications / Zhong Yizhen
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867c01        Far EasTone Telecommunications is deeply involved in ESG sustainable operation, and has been selected as a consistent stock enterprise in the FTSE4Good TIP Taiwan ESG Index for the sixth consecutive year by the Taiwan Index Company, and has been awarded the consistent stock exclusive seal.

        Taiwan Perpetual Index, co edited by Taiwan Index Company and FTSE Russell, an international index company, is the first investment ESG index in Taiwan that combines complete E (environment), S (society), G (corporate governance) and financial indicators. It evaluates listed companies on 14 topics and more than 300 topics in these three aspects, and takes the exposure degree of each topic into consideration to comprehensively evaluate the overall performance, Commend companies that actively implement Sustainability Development responsibilities.

        Douglas Hsu stated that Far EasTone Telecommunications has long promoted honest governance, strengthened the functions of the board of directors, improved business performance, and protected shareholder rights, in order to achieve the vision of "living with Far EasTone Telecommunications, communication without distance, richer life, and a more sustainable Earth". It has been selected as the top 5% honor in the "Corporate Governance Review" listed company group of the Stock Exchange for nine consecutive years, Over the years, including Far EasTone Telecommunications, only 8 listed companies have won this honor consecutively; In the international key sustainability evaluation, it has also been selected as the "DJSI World" sustainability stock for 4 consecutive years and listed as the "The Dow Jones Sustainability Indices, DJSI Emerging Markets" sustainability stock for 7 consecutive years, demonstrating the highly recognized corporate governance and sustainability performance of Far EasTone Telecommunications.

        In terms of social sustainability development, Far EasTone Telecommunications launched Taiwan's first social responsibility bond in the telecommunications industry last year, with a cumulative issuance of NTD 8.9 billion, making it the largest listed company in Taiwan's social responsibility bond issuance. In addition, it has also combined Big Data and AI technology to establish an EMS energy management system on campuses in 9 counties and cities, and continues to expand the scope of 5G long-distance diagnosis and treatment, covering 12 counties and 35 townships, Serving over 30000 people. In addition, we worked with Kaohsiung to plan a 3D street violence early warning and AI information integration search platform, launched a 5G patrol car, and realized Taiwan's first 5G slicing technology application; In the near future, we will collaborate with Taipei and Penghu to create a seamless, inclusive, and mutually beneficial society through 5G ambulance cross sea video defense.

        Faced with the issue of climate change, Far EasTone Telecommunications actively incorporates "low-carbon operation" into its core strategy of sustainable operation. Not only did it become the first telecommunications industry in Taiwan to pass the SBTi 1.5 ℃ scenario review in March this year, but it promised to reduce greenhouse gas emissions by more than 42% by 2030 compared to 2021, and is expected to achieve net zero emissions by 2048. It also joined the International Renewable Energy Initiative RE100, with the goal of achieving office emissions by 2030 The stores and main computer rooms are fully utilizing renewable energy, and by 2040, the entire company will use 100% renewable energy, demonstrating its determination to protect the Earth's environment and continuously promoting the telecommunications industry towards net zero and sustainable development.

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