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12.2024 Honor and Personnel Change

Far Eastern Group Douglas Hsu awarded honorary doctorate from Tamkang University

Far Eastern New Century Corporation / Fang Zijie
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936d01        Tamkang University held its 74th anniversary celebration on November 2nd, and President Ge Huanzhao awarded an honorary doctoral degree to Far Eastern Group Douglas Hsu. This is the second time Douglas Hsu has been awarded an honorary doctoral degree by the university since National Chiao Tung University (now Yangming National Chiao Tung University) in 2002. The management teams of the group's top 10 listed (OTC) companies also participated in the event, and the award ceremony was broadcast live online, inviting the public to witness it together.

        Far Eastern Group is a well-known enterprise in Taiwan, with ten major industries and 243 affiliated companies. Its total assets exceed NTD 3 trillion, turnover exceeds NTD 7 billion, and the number of employees reaches 57000. Its business scope is closely intertwined with the food, clothing, housing, transportation, education, and entertainment of Taiwanese people. Under the leadership of Douglas Hsu, Far Eastern Group continues to invest in expansion, vertically and horizontally integrating its industries, and expanding its operational reach to various parts of the world. Not only is it profitable, but it is also growing year by year.

        Tamkang University awards an honorary doctoral degree in recognition of Douglas Hsu's three major contributions:

        1、 Academic and professional benefits for human well-being

        In addition, Douglas Hsu values and promotes environmental sustainability, investing in research and development to implement it, such as recycling PET bottles, remanufacturing raw materials for recycled PET bottles and eco-friendly clothing, and successfully transforming Far Eastern New Century Corporation into a leading global enterprise in the recycling of polyester materials; At the 2010 Taipei Flower Expo, Far Eastern Group created the world's first 100% recycled PET bottle green building, the Far Eastern Group Environmental Ark, which is internationally renowned for its environmental innovation. In recent years, Douglas Hsu has actively promoted the practice of ESG, created sustainable growth strategies, and integrated business strategies with various aspects of ESG. For seven consecutive years, he has led Far Eastern Group to become the enterprise group with the most awards in the TCSA Taiwan Corporate Sustainability Award and GCSA Global Corporate Sustainability Awards.

        Douglas Hsu is also committed to giving back to society with love and long-term donations to disadvantaged children and families in need. In the past, when Taiwan experienced major disasters such as the 921 earthquake, Typhoon Morakot, Kaohsiung gas explosion, and the Eight Immortals dust explosion, Far Eastern Group quickly integrated human, material, medical, telecommunications, and other resources to provide frontline support in disaster areas and weather the storm with the people; In recent years, digital technology has been used to promote initiatives such as "rural areas video healthcare" and "assisting schools in energy conservation", enabling more areas in Taiwan to improve their quality of life.

        2、 Promote cultural and academic exchange

        Mr. Yu Zong Hsu, founder of Far Eastern Group, established the Far Eastern Memorial Foundation and Far Eastern Medical Foundation, as well as organizations such as Far Eastern Memorial Hospital, Yuan Ze University, and Asia Eastern University of Science and Technology. Douglas Hsu continues to expand the scale of Far Eastern Group's public welfare activities, sponsoring various cultural and educational activities, medical research and assistance, cultivating talents, and encouraging innovation, promoting the development of culture, healthcare, education, technology, art, and architecture. In addition, Douglas Hsu has established the Far Eastern Y.Z. Hsu Science&Technology Memorial Foundation with the aim of technological innovation, and regularly holds the Y.Z. Hsu Scientific Award every year to recognize outstanding talents in science and technology.

        3、 Has made particularly significant contributions to the development of Tamkang University

        In recent years, Tamkang University has taken "AI+DGs=∞" as its vision for campus development, actively promoting digital and net zero transformation. Together with Far Eastern Group's Far EasTone Telecommunications, it has created a "5G Metaverse Net Zero Carbon Emission Campus", established Taiwan's first "Campus Sustainable Cloud", and formed the "Net Zero Transformation Alliance" to assist the industry in "net zero and intelligent dual transformation". Through the joint establishment of the "New Information Security Program", it cultivates information security talents and moves towards the goal of "local international, cloud based intelligence, and sustainable future resilient university city". In addition, K. Y. Lee, a director of Tamkang University who serves as the President of Asia Cement Corporation under the group, felt the power of AI and the need for all staff training to add value to their work. He promoted the "AI+cross domain" Collaboration between industry and school, and achieved industrial intelligence transformation through the "AI Talent Training Program".

        Douglas Hsu leads ten major industries and over 200 affiliated enterprises, holding multiple positions with a broad vision but still delving into details. He has a unique perspective on business management, inheriting the corporate spirit of "sincerity, diligence, and simplicity" from his father, Mr. Yu Xiang Hsu, and combining innovation to enable the group to stand firm and grow in an increasingly rapidly changing environment. Steady, innovative, and with an international perspective, Douglas Hsu's business philosophy has been seen by more people through media reports or interviews. Whether in personal growth, corporate management, or even managing public affairs, it can provide considerable inspiration.

        Tamkang University's mission is to "carry forward the past and open up the future, shape a new social culture, and cultivate talents with outstanding spirit." Douglas Hsu's outstanding contributions are the best example. We believe that while awarding an honorary doctorate, it can also encourage young students to learn from others, work hard, and create a brilliant life.

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