Asia Cement Corporation and Far EasTone Telecommunications were selected for global indicator ESG evaluation

        On February 8th, S&P Global announced the "S&P Global Sustainability Yearbook 2024" evaluation, in which Asia Cement Corporation and Far EasTone Telecommunications stood out from 9400 companies and covered 62 industries, both receiving recognition. In addition to being listed as a perpetual yearbook member, Asia Cement Corporation has made a significant leap in scores and achieved the highest score in the category of building materials in Taiwan; Far EastTone Telecommunications was selected as one of the top 5% companies in the world in terms of ESG sustainability performance, and also ranked first in Taiwan's telecommunications industry, demonstrating that Far Eastern Group's ESG energy is evident worldwide.

        Asia Cement Corporation achieved the highest score in the building materials category in Taiwan

        The standards for S&P Global perpetual yearbook members are quite strict, and they must rank in the top 15% of the industry in order to qualify. Asia Cement Corporation achieved perfect results in "waste disposal"; Scored over 90 points in "Occupational Health and Safety," "Business Ethics," and "Water Management."; The areas of "climate change strategies" and "carbon and pollution emissions" also performed well, scoring 87 points; Stakeholder participation, tax strategy, biodiversity, and human rights are the four most significant areas of progress. K. Y. Lee President stated that this award is the result of the joint efforts of all colleagues. Asia Cement Corporation is committed to implementing green environmental protection and social responsibility, not only reflecting the core values of the enterprise, but also laying the foundation for future development.

        Asia Cement Corporation Hualien Cement Plant is one of the earliest factories in Taiwan to voluntarily reduce greenhouse gas emissions. Since 2009, it has voluntarily reduced over 330000 metric tons of carbon dioxide and actively developed various carbon reduction technologies to promote cement products with both quality and low-carbon emission characteristics to customers. Together with industry chain partners, it has achieved the goal of 2050 net zero carbon emissions. At the same time, we will collaborate with academic research institutions at home and abroad to develop negative carbon technology, and combine with Ya Tung Ready Mixed Concrete Corporation to produce negative carbon recycled pellets or auxiliary bonding materials, setting phased carbon capture targets.

        On the other hand, Asia Cement Corporation is also committed to creating a safe, healthy, and happy work environment. It has been free from major occupational disasters for six consecutive years, and has passed ISO 45001 validation with its subsidiaries to enhance the safety awareness of value chains and contractors. Through on-site guidance, a systematic safety protection network is constructed. In addition, Asia Cement Corporation has also passed ISO37001 certification, and all directors and employees have signed a "Bribery Prevention Policy Compliance Statement". In January 2024, it was re selected for the "Taiwan Environmental Sustainability High Dividend Index". In the future, we will uphold the concept of Sustainability Development and lead our industry chain partners to continuously pursue excellence.

        Far EasTone Telecommunications as a sustainable industry leader

        S&P Global is a global indicator of ESG evaluation, revealing the evaluation of corporate ESG performance by the International Dow Jones Sustainability Index (DJSI). Far EasTone Telecommunications was selected for the "S&P Global -" Dow Jones Sustainability Index (DJSI) "DJSI (Dow Jones Sustainability Index)" consistency stock in December 2023, and with a total score of 91 points, it was ranked first globally in "DJSI World" and second globally in "The Dow Jones Sustainability Index, DJSI Emerging Markets". The former has been selected for 5 consecutive years, while the latter has been selected for 8 consecutive years. In 24 of the selection criteria, we won 10 of the highest scores in the global telecommunications industry and received international recognition.

        Douglas Hsu stated that net zero has become a global trend, and implementing high standard ESG concepts, establishing environmental symbiosis, practicing social integration and stable governance are the mission of enterprises. Far EasTone Telecommunications will continue to work together to create a sustainable future. Chee Ching President also pointed out that this achievement is the result of colleagues working together with stakeholders such as suppliers, business partners, and customers to expand sustainable influence. When users use the "faster, more stable, and more environmentally friendly" Far EasTone Telecommunications network, they are also participating in carbon reduction, dedicating themselves to the Earth's environment, and becoming a part of society.

        Far EasTone Telecommunications regards ESG and digital transformation as dual core operations, emphasizing "digital transformation and sustainable formation" and putting them into action for a long time. ESG Tech's sustainable technology practices corporate governance (G), environmental carbon reduction (E), social harmony (S), and innovation and development (I) from the inside out.

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