Far Eastern Group's climate governance is once again recognized for meeting the 1.5 ° C temperature control standard

        On June 27th, the Common Wealth Magazine "TRIPs" platform announced the list of companies that meet the 1.5 ° C temperature control target and held the "1.5 ° C Forum" and certification ceremony for companies under Far Eastern Group Far Eastern New Century Corporation 、 Far Eastern Department Stores 、 Far EasTone Telecommunication 、 U-Ming Marine Transport 、 Far Eastern International Bank 、 Oriental Union Chemical Corporation 、 Everest Textile 、 FE SOGO Department stores 、 Oriental Securities Corporation Nine affiliated enterprises achieved the highest level of "outstanding performance" (warming below 1.6 ℃) in the evaluation, indicating that the group's net zero commitment and actions have met the Paris Agreement's warming control targets, becoming a benchmark for industrial climate governance.

        The "Corporate Carbon Reduction Temperature Gauge" survey list is jointly organized by Common Wealth Magazine and the Sustainability Association of Donghai University. It divides the publicly announced carbon reduction commitments and implementation progress of companies into five evaluation levels based on the magnitude of global warming. Since its establishment, entering its third year, the evaluation targets have expanded to 1200, covering 72 industry categories. This year, a total of 405 companies were rated as the most outstanding "performance excellence" level, in line with the positive warming control target of 1.5 ° C under the Paris Agreement.

 

Far Eastern New Century Awarded 1.5°C Climate Alignment Badge, Reinforces Climate Leadership

　　Far Eastern New Century (FENC) has once again been recognized for its leadership in sustainability and decarbonization. On June 27, the company was awarded the 1.5°C Climate Alignment Badge and rated as an “Outstanding Performer” in the latest TRIPs (Temperature Reduction Indicator for Enterprises) evaluation, jointly developed by CommonWealth Magazine and Tunghai University. This distinction affirms that FENC’s net-zero commitments and climate actions are aligned with the Paris Agreement’s 1.5°C warming limit, establishing the company as a benchmark for industrial climate governance.

　　Now in its third year, the TRIPs program has grown from evaluating fewer than 100 companies in its first year to covering 1,200 organizations across 72 industries. FENC stood out for its comprehensive decarbonization strategy, well-defined interim targets, and tangible emissions reduction results—earning it the prestigious 1.5°C Badge and reinforcing its global leadership in climate action.

　　Furthermore, FENC’s polyester business and textile business are approved of SBTi targets under the 1.5°C pathway, with the first approval in the polyester industry.

　　As the world’s only manufacturer integrating polyester production from raw materials to end-product recycling, FENC embeds carbon reduction into the core of its operations. In 2022, the company set its first company-wide carbon reduction goal—to cut emissions by 25% by 2025 (using 2020 as the base year)—and achieved this ahead of schedule in 2023. Demonstrating even greater ambition, FENC raised its 2025 target to a 30% reduction. By 2024, it had already achieved a 34% reduction, once again surpassing its goal ahead of time.

　　In response to Taiwan's upcoming carbon fee policy, FENC is actively pursuing the preferential rate of NT$50 per ton—significantly lower than the standard rate of NT$300—which could save the company hundreds of millions of NT dollars annually, highlighting the financial advantage of its carbon reduction success.

　　FENC also actively participates in global climate dialogues. In 2024, the company presented twice at COP29’s Blue Zone, sharing its circular economy and decarbonization efforts. In the latest CDP evaluation, FENC earned an A List rating for climate change—the highest possible score—cementing its place among the world’s leading sustainable corporations.

 

Far EasTone Telecommunication responds to climate challenges with action, demonstrating technological leadership in reducing carbon emissions

        The global challenge of climate change is becoming increasingly severe, and Far EasTone Telecommunication has once again been awarded the 1.5 ° C temperature control target badge by Common Wealth Magazine, symbolizing the firm commitment of businesses to combat the climate crisis. Far EasTone Telecommunications not only became the first telecommunications company in Taiwan to pass the Science Based Reduction Target Initiative (SBTi) short-range target audit with a more aggressive 1.5 ° C scenario in 2023, but also quickly passed the SBTi 1.5 ° C new target and 2048 net zero emission certification in 2024 after merging with Asia Pacific Telecom, demonstrating a high emphasis on sustainability development.

        Far EasTone Telecommunication leverages its technological advantages in the fields of Big Data, artificial intelligence, and Internet of Things (IoT) to replace 19000 sets of communication equipment after merging with Asia Pacific. It continues to promote multiple energy-saving measures such as AI intelligent site selection, base station sleep, and power equipment replacement. By the end of 2024, it has saved over 170 million kilowatt hours of electricity, and is expected to exceed 150 million kilowatt hours by the end of 2025, setting a new record for energy conservation. At the same time, Far EasTone Telecommunications headquarters building has also been awarded the highest level of the Taiwan Green Building Label, the "Diamond Green Building" and the "Building Energy Efficiency Level 1+" near zero carbon building dual certification, becoming the first existing building in Taiwan's telecommunications industry to achieve this achievement. Far EasTone Telecommunication's overall greenhouse gas emissions in 2024 have decreased by 21% compared to 2021, demonstrating the carbon reduction benefits of technology.

        Far EasTone Telecommunication's achievement of the 1.5 ° C temperature control target badge is not only a recognition of past efforts, but also an important milestone towards its sustainable vision. In the future, we will continue to deepen our carbon reduction strategy through technology, expand energy-saving benefits, and contribute to the sustainable development of the earth.

 

Oriental Union Chemical Corporation participates in the "1.5 ℃ Forum for Enterprises" to witness Taiwan's carbon reduction actions aligning with international standards        

        Oriental Union Chemical Corporation was invited to attend the Common Wealth Magazine's "Corporate 1.5 ° C Forum" to jointly review the efforts of Taiwanese companies in reducing carbon emissions. In addition, due to achieving the 1.5 ° C carbon reduction target through the "TRIPs" platform evaluation, Oriental Union Chemical Corporation once again received the "Outstanding Performance" rating and was awarded the 1.5 ° C logo. This not only symbolizes that the climate commitment and carbon reduction effectiveness have reached international standards, but also strengthens customers' trust in the company's ESG.

        This forum will publicly disclose key data such as TRIPs calculation methods, comparison with SBTi, and industry distribution, providing enterprises with reference for net zero planning. At the same time, it will also explore how financial investment and international procurement can incorporate temperature scoring, emphasizing that carbon reduction is not only a brand responsibility and sustainable action for enterprises, but also a part of market competitiveness. Oriental Union Chemical Corporation looks forward to working with more companies to move towards scientific carbon reduction and the 2050 net zero goal, and jointly safeguard the earth.

 

Everest Textile selected as Common Wealth Magazine's "Corporate Carbon Reduction Temperature Gauge" for achieving 1.5 ° C standard, showcasing its climate governance action capabilities        

        Everest Textile has been listed in the latest "Corporate Carbon Reduction Temperature Gauge" survey by Common Wealth Magazine, performing outstandingly in the manufacturing category and becoming one of the companies that meets the 1.5 ° C temperature control target of the Paris Agreement. This demonstrates the company's excellent climate governance actions and net zero transformation results, making it a model for carbon reduction in the manufacturing industry. Everest Textile, based on publicly disclosed sustainability data and carbon reduction achievements, was actively included in the evaluation by the organizers, demonstrating that the completeness, transparency, and credibility of the company's climate information disclosure are highly recognized.

        Everest Textile has long been committed to low-carbon transformation, following the Far Eastern Group Sustainability Development policy and referring to the government's "Taiwan 2050 Net Zero Emission Roadmap", gradually planning and developing exclusive carbon reduction paths and practical strategies, setting a mid-term goal of reducing carbon emissions by at least 50% from 2020 to 2030, and actively introducing renewable energy and smart energy management systems, moving towards a green transformation path that combines low-carbon and renewable energy. This includes: using renewable fibers and single material design from the raw material end, continuously optimizing energy-saving and emission reduction technologies from the process end, developing functional green fabrics with low-carbon footprints from the product end, gradually constructing a carbon reduction strategy that covers the entire product lifecycle, demonstrating systematization and foresight. The strength of climate action.

        By continuously promoting energy-saving and carbon reduction measures and optimizing processes, Everest Textile has successfully reduced its carbon emissions by approximately 22.58% compared to the baseline year in 2024, achieving the established reduction target. In the future, we will continue to move towards a more efficient and low-carbon operating model, to achieve corporate sustainability development and carbon reduction commitments.

 

FE SOGO Department stores committed to sustainable transformation        

        FE SOGO Department stores, evaluated through the Common Wealth Magazine "Carbon Reduction Temperature Gauge" platform, achieved a temperature control of 1.495 ° C, which is lower than the average of 1.536 ° C in the department store industry and even lower than the average of 1.998 ° C among 1200 evaluated companies. This demonstrates the company's long-term commitment to sustainable transformation and has been awarded the 1.5 ° C Label Certificate.

        FE SOGO Department stores actively introduce ISO greenhouse gas and carbon footprint standards, promote energy conservation, innovation, and recycled economy, and commit to SBT carbon reduction goals, respond to the EP100 initiative, and achieve green operations. This certification not only affirms the company's leading role in climate governance, but also looks forward to working with more enterprises to invest in the 1.5 ° C initiative and jointly strive for the 2050 net zero vision.

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