Far Eastern Group's Foresight ESG has won the highest number of awards in the entire Taiwan group for six consecutive years

        The 20th Far Eastern ESG Enterprise Sustainability Award ceremony was held on May 2nd, and four affiliated enterprises under Far Eastern Group won a total of 7 awards. The number of awards not only ranked first in the entire Taiwan group, but also surpassed the group for six consecutive years. Among them, Far Eastern New Century Corporation, Asia Cement Corporation, and FE SOGO Department stores have all won the ESG "Comprehensive Performance" and "Outstanding Plan" double awards. Far Eastern New Century Corporation has also become the only enterprise to win the double first awards this year, and Asia Cement Corporation has also been the only cement company to win awards. The FE SOGO Department stores have won the first number of awards in the department store industry, demonstrating the strength of "department store sustainability model"; In addition, Big City Far Eastern Big City Shopping Malls also received the "Outstanding Program - Small and Medium Enterprises" award.

        Douglas Hsu stated that companies under Far Eastern Group drive Sustainability Development with their core competencies and create value in governance, environment, and society. With over 70 years of industry experience, we continue to pursue growth and leverage our leading position in the industry, working together with supply chain partners to create sustainable value for society.

        Far Eastern New Century Corporation

        Far Eastern New Century Corporation has been committed to developing green technology for over 30 years. As a global leader in green polyester materials, it actively integrates with its industry to build a sustainable business model that benefits the environment. It also collaborates with various sectors to promote the concept of recycling and exert social influence. It has won the "Comprehensive Performance - First Prize in the Traditional Industry Group" and "Outstanding Solutions - First Prize in the Low Carbon Operations Group" of this year. Among them, the "Outstanding Program - First Prize of Low Carbon Operations Group" has been won by Far Eastern New Century Corporation for two consecutive years since its establishment in 2023, demonstrating the company's successful model of transforming into a low-carbon enterprise through the development of recycled economy products.

        Far Eastern New Century Corporation has laid out "land, sea, and air" waste recycling and recycling technology. In addition to recycling 22 billion bottles annually to produce new products, it also reproduces marine waste plastic into marine recycling yarn, which has been featured in international football competitions. The world's first waste gas recycling and recycling technology has been favored by major brands. At the same time, we continue to break through innovation and lead the industry in producing 100% recycled polyester (rPET) tire cord fabric, which has been gradually adopted by international large factories.

        To solve the problem of waste textiles, Far Eastern New Century Corporation is fully committed to developing waste fabric recycling technology. Among them, the chemical recycling method with high technological threshold can handle waste textiles made of blended materials. It is expected to complete the construction of a leading factory by 2024 and continue to develop towards commercial application. We have also completed the production of all components for sports shoes using full polyester materials, which will help achieve the vision of future full shoe recycling. Furthermore, we will use recycled PET bottles as raw materials to produce recycled polyester shoes. We have received brand customer orders and the products will soon be launched.

        Asia Cement Corporation

        Asia Cement Corporation was awarded the "Comprehensive Performance - Traditional Industries" and "Outstanding Solutions - Environmental friendliness" double role models this year. K. Y. Lee President, who represented the award recipients, stated that this is a recognition of Asia Cement Corporation's Sustainability Development strategy and all colleagues. In the future, we will continue to promote environmental sustainability and social responsibility, and work together with all parties to create a green and beautiful future.

        In order to ensure the sustainability development of the enterprise, the Board of Directors of Asia Cement Corporation has established the "Corporate Sustainability Committee" as the highest level ESG decision-making center, which systematically sets long-term strategic directions in response to the United Nations Sustainability Development goals. Faced with the global climate change crisis, Asia Cement Corporation is leading the industry in developing low-carbon cement, promoting greenhouse gas emissions reduction, and promoting a green economy. In recent years, significant technological breakthroughs have been made by utilizing the high-temperature characteristics of cement kilns to convert scrapped and recycled fan blades into alternative raw materials and fuels for the cement process.

        On the other hand, Asia Cement Corporation has long attached great importance to the greening and ecological restoration of mining sites, actively implementing biodiversity protection, and establishing a professional ecological and environmental education team centered around the Asia Cement Corporation ecological park. Starting from the creation of butterfly habitats, we actively connect communities and campuses, and through the Taiwan Butterfly Restoration Program, we aim to achieve harmonious coexistence between the city and nature.

                FE SOGO Department stores

        FE SOGO Department stores are a happy workplace and reassuring store in the department store retail industry, actively solving social and environmental problems, upgrading the popularity channel to a sustainable consumption platform, and creating the "first brand of department store small agricultural exhibitions". With a strict selection and guidance mechanism, they train social entrepreneurship enterprises and cultivate a growing and sustainable customer base year by year. They have won the "Comprehensive Performance - Service Industry Group" and "Outstanding Solutions - Social Innovation Group" double role models awards in this year's "Comprehensive Performance - Service Industry Group" and "Outstanding Solutions - Social Innovation Group".

        Big City Far Eastern Big City Shopping Malls

        Big City Far Eastern Big City Shopping Malls has launched the "Four Art Education Enhancement Projects" and has held the "Street Art Festival" for six consecutive years. Since its opening, it has accumulated over 630 art and cultural education activities, with over a million people participating. It has become the cradle of Hsinchu art and culture, and has won the "Outstanding Plan - Public Welfare Promotion Group Small and Medium Enterprise Award" this year.

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