Far Eastern New Century Triumphs at the Adam Smith Awards Asia 2023 for Best Sustainable Treasury Solution

　Far Eastern New Century (“FENC”) is proud to announce its latest achievement in the field of sustainable finance as it clinches the Best Sustainable Treasury Solution award at the prestigious Adam Smith Awards Asia, held by Treasury Today, the renowned financial magazine in the United Kingdom.

　The Adam Smith Awards are known globally as the ultimate benchmark for best practices and groundbreaking solutions in corporate treasury and finance. In its 10th anniversary, the Adam Smith Awards Asia 2023 brought industry leaders, finance professionals, and sustainability advocators together in this grand event. FENC stood out as a beacon of excellence in the realm of sustainable financial initiatives.

　FENC has been acting as the pioneer of sustainable finance in Taiwan and in global. By issuing in debut for four kinds of sustainable bonds and collaborating with large-scale banks to develop new innovative approaches, FENC endeavored to demonstrate an unwavering commitment to manifest the company’s environmental and social core value and connect the treasury allocation with the company’s sustainability strategy, highlighted in FENC’s Framework of Sustainable Financing that closely aligns with UN SDGs. FENC is currently the first enterprise to register four kinds of sustainable bonds in the Sustainable Bonds Database in ICMA (International Capital Market Association) and honored by many awards in Taiwan and in global.

　The recognition received at the Adam Smith Awards Asia means a new milestone for FENC to be highly motivated continuing the efforts to build a sustainable future through innovative and responsible financial solutions. FENC hopes our comprehensive approach towards sustainable finance will set an example to inspire more participants in the journey of innovative financial products and services soon in the future.

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