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08.2023 Honor and Personnel Change

Asia Cement Corporation, FE SOGO Department stores, Far Eastern Department stores, Big City Far Eastern Big City Shopping Malls won 7 awards in the EA

Far Eastern Magazine / Editorial Room
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868b0101        The Asia Responsible Enterprise Awards, known as the Asia Sustainable Nobel Prize, held an award ceremony on June 30. Asia Cement Corporation actively promoted greenhouse gas emission reduction, won the "Green Leadership Award", and won the cement company with the most awards; The FE SOGO Department stores have also been recognized for five consecutive years, winning three awards in one go: the "Human Resources Investment Award", the "Green Leadership Award", and the "Social Welfare Development Award". Coincidentally, Far Eastern Department Stores also received both the "Green Leadership Award" and the "Enterprise Sustainability Report Award" awards; Big City Far Eastern Big City Shopping Malls won the "Social Welfare Development Award".

        Asia Cement Corporation's layout of net zero carbon emissions wins the Green Leadership Award

        868b0102        Asia Cement Corporation stands out in the category of "Green Leadership" for the third time with the project of "Net Zero Carbon Emissions in 2050, Advance Deployment of Asia Cement Corporation". Through the use of alternative raw materials, Alternative fuel, reducing the proportion of clinker, reducing indirect emissions from electricity consumption, and investing in CCU carbon capture and reuse, five Grand strategy have been proposed to plan the short, medium and long-term goals of net zero carbon emissions by 2050, and long-term use of the latest equipment and technology to reduce carbon emissions has achieved remarkable results and been unanimously recognized by the review. In 2022, a total of 339000 tons of natural raw materials and fuels will be reduced. Because of the use of alternative raw materials and fuels, the greenhouse gas emissions will be reduced by 95125 tons of CO2e only in the process stage, which is equivalent to the carbon adsorption capacity of 245 Daan Forest Park in a year.

        2023 is an important year for Asia Cement Corporation to integrate upstream, midstream, and downstream industrial chains and implement energy conservation and carbon reduction. Firstly, in response to the "1+N Large Belt Small Carbon Management Plan" initiated by Industrial Development Bureau, Ministry of Economic Affairs, and Taiwan Comprehensive Research Institute, a consortium entity, the company called on its subsidiaries Ya Tung Ready Mixed Concrete Corporation, Ya Li Precast Pressed Concrete Industries Corporation, and important clients to jointly participate in the production of carbon inventory and energy-saving guidance, in order to understand their own emission hotspots, Implement carbon reduction. Secondly, we will collaborate with research institutions to launch the "Efficient Carbon Fixation Technology Plan", which uses industrial waste to capture negative carbon particles generated from carbon dioxide in flue gases, providing downstream product manufacturers with low-carbon products to enhance market competitiveness and achieve carbon reduction and multiplication effects in the industrial chain. The goal is to capture and reuse 18000 tons of carbon dioxide by 2030.

        Deeply cultivating sustainable FE SOGO Department stores has been recognized for five consecutive years

        868b0103        FE SOGO Department stores have won three AREA awards this time, including: committed to creating a happy workplace for employees, winning the "Human Resources Investment Award" for four consecutive years; Since 2015, it has been the first department store retail industry to achieve carbon labeling, innovate in environmental performance, and won the "Green Leadership Award" for the fourth time; And by holding ten sessions of the "SO GOOD Good Children and Young Role Models Selection and Commendation", we encouraged disadvantaged students and won the "Social Welfare Development Award".

        Sophia C.W. Huang Chairman stated that 2022 marks the 35th anniversary of FE SOGO Department stores. During the pandemic, the company continuously improved its sustainable energy. As the epidemic gradually eased, with the efforts of all colleagues and customer support, the operating profit in 2022 reached new highs. In the same year, it also became the first retail department store in the Asia Pacific to join the international initiative EP100 and won the Enterprise Environmental Protection Award for four consecutive years. It also won the Environmental Protection Administration's "Low Carbon Product Award" special award, while also leveraging its channel influence and working with stakeholders to move towards net zero.

        Faced with the uncertainty of the post pandemic era and the tsunami of job shortages, FE SOGO Department stores have received salary increases of over 4% for two consecutive years, the largest among chain department stores, to retain talent in the service industry. The rapid addition of vaccine rewards, epidemic prevention leave and comfort fund systems that are superior to laws and regulations, and the active implementation of measures such as "employee assistance" and "family care" have all strengthened their award-winning capabilities. In terms of social integration, FE SOGO Department stores provide long-term care for children and young children. The "SO GOOD Good Children and Young Role Models Selection and Commendation" is the first public welfare activity in Taiwan to receive the "Social Public Welfare Development Award". By creating a public welfare ecosystem with stakeholders, it drives social circulation and accumulates rich results.

        Far Eastern Department Stores has won the Green Operations Leader award for four consecutive years

                Far Eastern Department Stores has won two awards this year, the "Green Leadership Award" and the "Enterprise Sustainability Report Award", among which the "Green Leadership Award" has been recognized and recognized for four consecutive years, ranking first in department stores. Faced with the challenge of climate change, 12 Far Eastern Department Stores across Taiwan have implemented various management measures, implemented low-carbon environmental protection, and launched the "Energy Conservation, Carbon Reduction, and Waste Reduction" 2.0 program to align with the global net zero emissions of 2050. Through monthly KPI management and promoting energy conservation projects, the goal is to achieve three specific results within 5 years, including: each store saving an average of 940000 kWh of electricity, and reducing carbon intensity per NTD 1 revenue by 15%, And the proportion of waste recycling in shopping malls has been increased to 50%.

        In addition, in response to the government's energy transformation policy, solar power generation systems have been installed at four locations: Taichung City store, Xinyi store, Hualien store, and Taitung's own land, with an estimated annual output of 2.04 million kilowatt hours of green electricity. In the future, intelligent energy management systems will be introduced in conjunction with AI to improve energy efficiency and increase the proportion of green electricity usage. With the combination of "energy conservation" and "green energy", a good example will be set for the low-carbon transformation of the department store industry.

        Nancy Hsu President thanks her colleagues for their diligent work, attention to details, and efforts to do everything well. Far Eastern Department Stores conducts regular annual inspections of potential environmental impacts caused by operational processes, develops response strategies, and develops action plans to reduce environmental impacts. Ranked among the top 100 carbon competitive enterprises in Business Week with excellent carbon reduction results, becoming the only physical channel for department stores on the list.

        Social Integration and Diversified Development Big City Far Eastern Big City Shopping Malls Won Public Welfare Award

        Entering its 12th year, Big City Far Eastern Big City Shopping Malls continues to demonstrate their altruistic spirit, extending social welfare activities to improve community health and people's quality of life through actions such as fundraising, liver disease prevention and treatment, and promoting all age health platforms. They spare no effort to build the first diversified public welfare platform in Taiwan and have won the "Area Social Enterprise Responsibility Award" for 5 consecutive years, which is a guide to encourage and drive the future path of public welfare.

        Big City Far Eastern Big City Shopping Mall attaches great importance to the issue of children and young children, developing four major learning platforms: "parent-child co learning", "art training", "popular science education", and "care for vulnerable children". They enhance family intimacy through parent-child experience activities, integrate campus art and cultural exhibitions to connect student works, shopping malls, and communities, and work together with industry, government, and schools to create the largest popular science market in Taoyuan, Hsinchu, and Miaoli, And long-term fundraising and career exploration for Teresa have received great feedback from the laughter between parents and children, the confident faces of young students, and the gratitude of kindergarten students.

        Thank you to Big City Far Eastern Big City Shopping Malls for making Hakka music heard by the world. "" With Big City Far Eastern Big City Shopping Malls, we no longer need to travel to other places to participate in international music events. "These are a series of international music exchanges and co singing performances experienced by local residents, as well as gratitude after the local music season. One of the rare annual large-scale Street art events in Taiwan, "Big City Street art Festival", provides a professional stage for Street artist from all over the country to show their talents, exchange and learn from each other, and feel that their own culture is respected and supported, which makes the participating artists praise Big City Far Eastern Big City Shopping Malls "for its magic to condense the crowd atmosphere, and many top performers watch and learn from each other. The opportunity to realize their dreams starts here."

        Li Jingfang Chairman said, "Doing corporate social responsibility well will form a virtuous cycle like a concentric circle." Looking back on the past, Big City Far Eastern Big City Shopping Malls overcame various difficulties and made steady progress, not forgetting their original intention to actively promote social diversity, fairness, and integration, striving to improve ESG and practice corporate social responsibility. In the future, they will work together with all sectors to continue to convey positive energy and exert maximum influence.

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