Far Eastern Group writes a sustainable legend from Taiwan to the world

        At the 2025 TCSA Taiwan Corporate Sustainability Award and GCSA Global Corporate Sustainability Awards ceremonies, Far Eastern Group once again lived up to expectations, breaking its own record with 66 medals and maintaining its position as the group with the most awards in Taiwan. This issue's' Cover Story 'will analyze how Far Eastern Group transforms sustainability from' goals' to 'capabilities' through specific award-winning cases, outlining a replicable and replicable sustainability blueprint for more enterprises.

        

        Taiwan Corporate Sustainability Award (TCSA) Far Eastern Group showcases its sustainable strength

        Taiwan's Top 10 Sustainable Model Enterprises Award: Far EasTone Telecommunications

        Far EasTone Telecommunication regards sustainability as the core strategy of the enterprise, creating an ESG culture for all employees, and linking sustainable performance KPIs such as energy conservation and carbon reduction, green energy layout, etc. to the salary assessment of senior managers, providing sustainable incentive bonuses for all employees, comprehensively promoting innovation and implementation from low-carbon operation, supply chain management to social integration. It has been selected as one of the "Top Ten Sustainable Model Enterprises" for the eighth time this year.

        Taiwan's Top 100 Sustainable Model Enterprises Award: Asia Cement Corporation 、 Far Eastern Department Stores 、 U-Ming Marine Transport 、 Far Eastern International Bank 、 FE SOGO Department stores

        Asia Cement Corporation's mission is to create a sustainable green home and promote the 2050 net zero and corporate sustainability vision. By 2024, the production of low-carbon cement will increase by over 75% annually, and the SBTi carbon reduction target will be achieved for five consecutive years; Both in terms of governance and society, it has shown steady performance, maintaining a 42 year interest rate distribution and being selected for the S&P Sustainability Yearbook, ranking among the top 10% of the global building materials industry.

        In terms of retail channels, Far Eastern Department Stores and FE SOGO Department Stores have also set green retail standards. Far Eastern Department Stores will continue to implement ESG actions in 2024, with outstanding performance receiving 32 recognitions from both domestic and international sources, and setting a new high in financial performance. At the same time, they will actively introduce energy management mechanisms, establish solar energy, and plan green power procurement to address climate change; FE SOGO Department stores has developed a unique "Sustainable Key Five Forces" approach, with reports compiled in accordance with the highest international standards such as GRI and TNFD, and multiple ISO management systems introduced in operations to enhance organizational sustainability.

        In the fields of shipping and finance, U-Ming Marine Transport is the first shipping company in Taiwan to install a "rotor sail" on a super large mineral sand ship, using wind assisted propulsion technology to practice energy conservation and carbon reduction. It has also obtained dual ISO 27001 and ISO 27032 security certifications, building a solid security governance defense line. Far Eastern International Bank is committed to integrating sustainable concepts into its operations and financial services. Its corporate governance evaluation ranks among the top 5% of listed companies, and its fair hospitality evaluation has been selected as one of the top 25% by Bank of China for four consecutive years, demonstrating its exemplary value.

        Taiwan Sustainable Enterprise Performance Award: Oriental Union Chemical Corporation, Everest Textile

        Oriental Union Chemical Corporation and Everest Textile, both in the manufacturing industry, have demonstrated outstanding achievements in sustainable strategy, information transparency, risk management, and stakeholder communication. They actively promote energy conservation, carbon reduction, recycled economy, and green product development, and attach great importance to employee safety, talent cultivation, and community integration. Both have been awarded the Taiwan Sustainable Enterprise Excellence Award.

        TCSA Corporate Sustainability Report Award: Far Eastern New Century Corporation 、 Asia Cement Corporation 、 U-Ming Marine Transport 、 Far EasTone Telecommunication 、 FE SOGO Department stores 、 Far Eastern Department Stores 、 Far Eastern International Bank 、 Everest Textile 、 Oriental Union Chemical Corporation 、 Ya Tung Ready-Mixed Concrete Corporation 、 Oriental Securities Corporation

        

        Several companies under Far Eastern Group have performed outstandingly in the "Corporate Sustainability Report Award" category, fully demonstrating their strong capabilities in sustainable governance, information disclosure, and stakeholder communication. among which, Far Eastern New Century Corporation 、 Asia Cement Corporation 、 Far EasTone Telecommunication 、 U-Ming Marine Transport Far Eastern Group SOGO department store presents sustainable management and execution results through detailed strategies and quantitative indicators. It is not only a model of information disclosure, but also a communication bridge across supply chain, social, and environmental issues, and has won the highest honor, the Platinum Award; Far Eastern Department Stores 、 Far Eastern International Bank 、 Oriental Union Chemical Corporation 、 Everest Textile 、 Ya Tung Ready-Mixed Concrete Corporation Five other companies also won the "Gold Award" with their in-depth and detailed ESG management achievements; Oriental Securities Corporation also performed outstandingly and was awarded the "Silver Award" recognition.

        Climate Leadership Award: Far Eastern New Century Corporation 、 Far EasTone Telecommunication 、 Far Eastern Department Stores 、 FE SOGO Department stores

        As the global pressure for low-carbon transformation intensifies, multiple companies under Far Eastern Group continue to leverage their core strengths to lead the industry towards net zero. Far Eastern New Century Corporation proposes the "3 50s" goal in 2024, which aims to achieve 50% revenue from green raw materials, green products, and carbon reduction by 2030. Through strategies such as process optimization, low-carbon fuel substitution, and the development of renewable energy, the carbon emissions in 2024 have been reduced ahead of schedule, and through internal carbon pricing systems and supply chain cooperation, the industry as a whole has been driven towards net zero. Not only that, in 2025, we will continue to develop smart fabrics with biomimetic temperature control functions, as well as recycled fabrics with the potential for recycling from a single material. At the same time, we will cooperate with multiple intelligent recycling brands, governments, and retail partners to promote waste recycling. We will also offer free "recycled economy" courses on campus for a long time, so that environmental awareness can be rooted in education.

        Far EasTone Telecommunication has eliminated 19000 old devices and accumulated over 150 million kilowatt hours of energy savings through the integration of the network and the retirement of 3G, achieving technological carbon reduction. In addition, services such as carbon inventory guidance and green power joint procurement are provided to assist the supply chain in reducing carbon emissions and demonstrate the strength of climate leaders.

        Far Eastern Department Stores in the retail sector has established an "Energy Audit Task Force" to launch EUI control plans, develop energy-saving plans and environmental goals, and actively face the challenges of global climate change; FE SOGO Department stores have also identified "energy conservation and emission reduction", "sustainable consumption", and "circular business model" as the "three major net zero strategies", actively responding to international initiatives such as TCFD, EP100, TNFD, and SBT, and combining digital transformation to improve energy efficiency, promote green consumption, and expand sustainable influence.

        Creative Communication Leader Award: Far Eastern Department Stores, Far EaseTone Telecommunications

        In terms of creative communication, Far Eastern Group has transformed digital technology into brand influence. Far Eastern Department Stores, with the "Far Eastern Department Stores App" as its core, leverages its omnichannel advantages. Since the launch of the "Point Gold Exchange" program in the fourth quarter of 2021, it has initially cultivated consumers' redemption habits and stickiness through dining vouchers. In the fourth quarter of 2024, it will integrate the "Point Plus Gold" diversified payment and backend management system. In the future, it plans to introduce AI computing and community guidance, provide personalized recommendations, and construct a retail model with brand vitality and sustainable momentum.

        On the other hand, Far EasTone Telecommunication focuses on "information security and privacy protection", using Taiwan's first "AI predictive fraud automatic detection system" to block illegal phone calls, text messages, and web pages for users, building a social security defense line. At the same time, through systematic communication strategies, it promotes "AI anti fraud and anti hacking" services to users, strengthening public awareness of digital protection.

        Workplace Welfare Leader Award: Far Eastern Department Stores 、 U-Ming Marine Transport 、 Far EasTone Telecommunication

        The safety and health of employees are the core concerns of Far Eastern Group. Far Eastern Department Stores not only actively strengthens employees' awareness of workplace safety, but also designs diverse health promotion activities and provides health check services that exceed the legal frequency. At the same time, through the "Employee Health UP Program" and "Health 99 Card Collection Activity", it encourages employees to pay attention to their own health and build a "safe, friendly, and happy" workplace environment.

        U-Ming Marine Transport also incorporates employee well-being into its core operational strategy, analyzing employee health data through the WeCare platform and FRS model, and combining EAP programs, physical and mental health lectures, and health promotion activities to comprehensively enhance employee safety and health management.

        Far EasTone Telecommunication also focuses on creating a healthy, safe, and friendly workplace, introducing the ISO 45001 management system, organizing occupational safety training and health courses, and providing a six fold increase in maternity subsidies, an annual NTD of 10000 childcare allowance, flexible working hours, childcare services, and other welfare measures that are superior to regulations. In addition, a dedicated unit and nursing staff have been established to promote comprehensive health management, which has been highly recognized by employees.

        Information Security Leader Award: Far Eastern International Bank, Far EaseTone Telecommunications

        Far Eastern International Bank deepens its cybersecurity defense capabilities from four aspects: supervision, governance, management, and technology. By establishing a dedicated security unit, obtaining multiple verifications such as ISMS, PIMS, and BCMS, and deploying a deep defense mechanism and SOC security monitoring center with hacker thinking, combined with offensive and defensive exercises, a strong defense foundation is formed. In the joint defense operation of intelligence sharing, F-ISAC has also obtained a special evaluation to protect customer rights with solid digital resilience.

        Far EasTone Telecommunication implements a culture of "all staff security", introducing zero trust architecture and AI anti fraud technology in technology and facilities, and constructing rigorous information asset management and access control. In terms of management and operation, a dedicated committee, accident reporting and response mechanism will be established, and cross departmental drills and supply chain security standards will be implemented to enhance overall protection capabilities.

        Talent Development Leader Award: Far EasTone Telecommunication 、 Far Eastern International Bank 、 Far Eastern Big City Shopping Malls

        Knowing that 'talent' is the core driving force for sustainable transformation of enterprises, Far Eastern Group has demonstrated a macro layout from internal talent cultivation to social integration. Far EasTone Telecommunications aims to establish a comprehensive system for talent cultivation, retention, and career development. With core telecommunications technologies such as Big Data, AI, and Internet of Things (IoT), Far EasTone cultivates cross domain expertise and creates internal transformation momentum; Through Collaboration between Industry and School, we are deeply cultivating talents in telecommunications, digital, information security, and sustainable industries to address Taiwan's talent gap.

        Far Eastern International Bank adheres to the commitment of "people-oriented and sustainable development", comprehensively develops employees' careers, connects organizational goals, and strengthens training effectiveness. In addition, we also implement diverse and inclusive employment, optimize various welfare measures, attach importance to the work life balance of employees, promote youth employment through Collaboration between Industry and School, and use community platforms to promote inclusive finance and sustainable knowledge.

        Far Eastern Big City Shopping Malls aims to cultivate top-notch retail talents, with training programs closely aligned with digital transformation applications, professional investment strategies, ESG and other forward-looking trends. Through the "Arts and Culture Training Program," talent development is pushed from within the company to the social level, achieving a win-win integration of economic benefits, employee growth, and social responsibility.

        Social Inclusion Leader Award: Asia Cement Corporation 、 Far EasTone Telecommunication 、 FE SOGO Department stores

        

        Far Eastern Group responds accurately to social pain points through resource collaboration, technological empowerment, and channel influence. Asia Cement Corporation collaborates with tribes, communities, governments, and non-profit organizations to promote infrastructure construction, cultural heritage, and disadvantaged assistance programs. In addition to providing emergency assistance, after-school guidance, and cultural entrepreneurship through dedicated windows such as the Asia Cement Corporation Service Center at the Hualien Xincheng Mountain Mine, the company also connects employees and collaborating companies through the Bodhi Charity Association, participating in social welfare visits and material donations, and building a core competitiveness of coexistence and prosperity between the enterprise and the local community.

        Far EasTone Telecommunication not only targets the rampant social issue of fraud by launching AI "Anti Fraud Intelligence", but also uses industry-leading 5G remote diagnosis and treatment services to alleviate the shortage of medical resources in rural areas. At the same time, it has called on suppliers to invest in rural areas public welfare for five consecutive years. It also uses the "Heart Public Welfare" app to connect users and employees, and for 18 consecutive years, it has raised education and medical resources for vulnerable children and established a social safety net.

        FE SOGO Department stores also leverage the advantages of their retail channels and have been promoting the "Home Cuisine Competition" since 2020, connecting department stores, small farmer brands, eco-friendly restaurants, and educational institutions to promote local and environmentally friendly food concepts through food education tours, ESG cooking, and sustainable meal box commercialization.

        Recycled Economy Leader Award: Far EasTone Telecommunications

        Far EasTone Telecommunications has pioneered multiple initiatives in the field of recycled economy. It is not only the first telecommunications operator in Taiwan to pass ISO 20400, establish the industry's first recycled economy platform, join the global decommissioning communication equipment recycling program, adopt environmentally friendly mobile SIM cards, and has held recycled economy workshops for three consecutive years to create green solutions with suppliers; Obtained the leadership level of CDP supplier negotiation management for five consecutive years, demonstrating leadership in sustainable supply chain driven by circulation.

        Innovation and Growth Leader Award: Far Eastern International Bank 、 Far Eastern Department Stores 、 Far EasTone Telecommunication

        As digital technology rapidly reshapes the industrial landscape, Far Eastern Group has successfully created diverse growth curves and sustainable business opportunities. Far Eastern International Bank Bankee, responsible for the inflow and outflow of over 90% of virtual assets in Taiwan, has taken the lead in launching a "virtual asset delivery exclusive account", combined with a 4D multi-dimensional AI intelligent anti fraud system, balancing convenience and security. In 2025, it will establish Taiwan's first anti fraud action department, introduce AI warning mechanisms, and even further export anti fraud capabilities to the industry chain through the BaaP module platform, demonstrating its deep integration capabilities in financial innovation, corporate sustainability, and social responsibility.

        Far Eastern Department Stores, which has been deeply involved in the retail market for 58 years, also regards innovation as the engine of enterprise growth. Through the establishment of a digital transformation office and management innovation system, it strengthens organizational agility and operational resilience, and combines AI recommendations and data analysis to optimize customer experience and improve operational efficiency. Based on green buildings, green electricity, and green procurement, we work together with brands and suppliers to build a sustainable retail ecosystem.

        Far EasTone Telecommunication is also actively promoting innovation, not only applying 5G and information integration technology to smart cities, smart healthcare, digital transformation, telecommunications system integration, etc., but also transforming innovative achievements into new economic revenue, opening the second growth curve for enterprises.

        Sustainable Supply Chain Leader Award: Far EasTone Telecommunications, FE SOGO Department Stores

        

        Through institutionalized management and resource sharing, Far Eastern Group continues to drive the overall green transformation of the industry chain. Among them, Far EasTone Telecommunication regards supply chain governance as the core strategy for enterprise sustainability. In 2024, it issued Taiwan's first third-party verified "Supply Chain Sustainability Report" and assisted suppliers in co creating carbon reduction benefits through carbon inventory guidance and green power joint procurement. At the same time, for five consecutive years, it called on 129 suppliers to form a sustainable vanguard and participate in public welfare actions.

        FE SOGO Department stores construct a green retail ecosystem through the strategy of "big leads small". From completely banning melamine and promoting restaurants to obtain environmentally friendly restaurant qualifications, to pioneering the "SOGO Sustain" sustainable business identification and ESG online concept store, gradually shaping a green consumption field. In addition, more than 600 brands and suppliers are called upon to respond to the light off action, continuously increase the proportion of sustainable procurement, guide suppliers to establish ESG policies and carbon reduction goals, and introduce the ISO 20400 Sustainable Procurement Guidelines in 2024, complete supplier due diligence, and demonstrate the style of channel leaders.

        Gender Equality Leadership Award: Far Eastern Department Stores

        Far Eastern Department Stores adheres to international human rights standards, develops gender equality policies and management measures, and establishes a comprehensive mechanism for preventing and addressing sexual harassment, with the President serving as the highest authority to ensure that employees are protected from discrimination and harassment. In addition, its female directors account for 67% and female supervisors account for 48%, both far higher than the industry average. It fully implements equal pay for equal work and provides support such as flexible working hours, childcare resources, and parental leave. In 2024, it held a total of 310 gender and maternal and child care activities. It is not only a practitioner of gender friendly workplaces, but also a leader in promoting sustainable equality and diversity in the service industry.

        Senior Friend's Good Leading Sleeve Award: Far Eastern International Bank

        Faced with the challenges of an aging society, Far Eastern International Bank has launched Taiwan's first "lifecycle based care trust", which covers four stages: self planning, pre care, dementia management, and post care arrangements. It provides flexible payments, care instructions, digital dashboards, and AI risk detection services. Since 2021, it has been promoting the "Trust 2.0" upgrade project, which not only creates substantial operational benefits, but also connects trust professionalism with social care, technological governance, and environmental sustainability, creating a new model for elderly financial services.

        Transparent and Honest Leader Award: Far EasTone Telecommunications, Asia Cement Corporation

        Far Eastern Group not only leads the industry in information disclosure, but also internalizes integrity as the core gene of enterprise management. Far EasTone Telecommunication not only leads the industry through third-party payment energy login through its digital development department, but also is the first to issue social responsibility bonds and proactively disclose the use of perpetual financing funds in its financial reports.

        Asia Cement Corporation also adheres to the highest business principle of "integrity". Starting from 2022, it has fully implemented the ISO 37001 anti bribery management system, with all directors and employees signing the "Bribery Prevention Policy Compliance Statement". It also conducts regular anti-corruption training every year and links the salaries of senior managers to sustainable performance indicators to strengthen the company's governance mechanism.

        

        Water Resources Management Award: Everest Textile

        Everest Textile builds water-saving resilience through a dual track approach of institutional and technological advancements. On the institutional level, with SDGs water sustainability as the core, the goal is set to reduce water consumption per kilogram of product production to 100 L/kg by 2026 and achieve a 50% water recovery rate in the factory area by 2030. Following international guidelines and standards, 11 water resource management mechanisms will be established. On the technical side, we will continue to optimize the wastewater recovery system and prioritize the procurement of green certified cotton materials such as OCS/BCI. At the same time, we will actively work with the government to promote sustainable water resource strategies.

        Far Eastern Memorial Hospital has won the Taiwan Health Sustainability Award with the highest number of awards in Taiwan

        Climate Leadership Award: In response to the impact of climate change on public health and healthcare operations, Far Eastern Memorial Hospital has introduced the TCFD architecture and ISO 14064-1 greenhouse gas inventory, and has established a 2050 net zero path, combining energy-saving measures, travel carbon management tools, and smart healthcare applications to provide a feasible example for the net zero transformation of medical institutions.

        Talent Development Leader Award: Through a complete system of talent cultivation and career development, Far Eastern Memorial Hospital steadily cultivates clinical, research, and ESG professionals, establishes a sustainable "talent circle", and practices the concept of "talent inheritance, happiness, and sustainability".

        Sustainable Supply Chain Leader Award: Faced with the uncertainty of the global healthcare supply chain, Far Eastern Memorial Hospital has established sustainable procurement guidelines, partner integration strategies, drug management mechanisms, and differentiated evaluation systems, effectively improving inventory control and becoming the only hospital to receive this award this year.

        Smart Health Hospital Leader Award: Far Eastern Memorial Hospital integrates AI, IoT, voice recognition, and Big Data data into the care process, achieving comprehensive intelligence from acute care to chronic management, and combining TPMI and Go Mobile to achieve precision medicine and smart nursing.

        Creative Communication Leader Award: Far Eastern Memorial Hospital has established the "Oriental Petrochemical (Taiwan) Love Health" LINE platform, providing one-stop reporting, waiting, examination progress inquiry, and health reminders, effectively improving the quality of care and patient self-management of health.

        

        Nursing staff happiness award: Through the happiness train and mental health mechanism, Far Eastern Memorial Hospital creates a long-lasting nursing career environment, demonstrating the stability of Taiwan's nursing workforce.

        Green Medical Innovation Award: Far Eastern Memorial Hospital promotes stereotactic radiotherapy, shortens treatment duration, reduces transportation and equipment energy consumption, and creates a sustainable win-win situation for health and the environment.

        Elderly friendly leader's sleeve award: Far Eastern Memorial Hospital provides fast screening, memory clinics, and remote smart care, and connects businesses and community resources to build a dementia friendly network through volunteer activities, inter school cooperation, and public space optimization.

        Social Inclusion Leader Award: Far Eastern Memorial Hospital's "Head and Neck Cancer Sustainable Care Program" integrates medical, family, psychological, and nutritional support, and uses smart technology to enhance screening efficiency, establishing a social support network for patients.

        Yuan Ze University received double recognition in the Taiwan Sustainable University Award

        

        Yuan Ze University is committed to promoting sustainable governance. Not only has it obtained ISO 50001 and ISO 14064-1 certifications, but it has also set goals of reducing carbon emissions by 30% by 2030 and achieving net zero by 2050. Additionally, it rewards outstanding teachers in research, teaching, and service with flexible salaries, provides health promotion and retirement protection, and creates a safe and friendly workplace. In addition, we will continue to build an international campus, strengthen global competitiveness, and lay out cloud technology, generative AI, smart care and healthcare, as well as net zero technology fields such as hydrogen energy and energy storage, showcasing cross domain research and development achievements. This time, it has won the dual honors of "Taiwan Sustainable Model University" and "Gold Level" in the Sustainable Report, demonstrating outstanding achievements in sustainable governance, international linkage, and technological innovation.

        Global Corporate Sustainability Awards (GCSA) Far Eastern Group showcases sustainable leadership

        Faced with high international standards for sustainable information communication and practical implementation, Far Eastern Group's performance is also very impressive. Among them, Far Eastern New Century Corporation clearly presents the overall achievements of the company in promoting low-carbon transformation, digital innovation, and social integration, and will continue to win the "Gold Award" in the GCSA Sustainability Report in 2025; Asia Cement Corporation 、 Far EasTone Telecommunication After being awarded the "Bronze Award" in 2024, it will reach a higher level in 2025 and receive recognition from the "Silver Award"; Far Eastern Department Stores and FE SOGO Department Stores also received bronze awards for their outstanding performance. Not only that, Far Eastern Department Stores and Asia Cement Corporation were also awarded the "Best Case Award" for their outstanding projects.

        Best Case Award - Far Eastern Department Stores, Asia Cement Corporation

        

        Far Eastern Department Stores has two projects selected as Excellent Class for Best Case Award in 2025. One is to actively promote gender equal pay policies, transparent promotion systems, health plans, and various family friendly measures with gender equality and diversity inclusion as the core. It has signed gender and human rights commitments with over 260 suppliers and holds more than 40 public welfare activities every year, extending its sustainable impact to the supply chain and society; Another project is to address the challenge of longer working hours in the retail industry by promoting the "Employee Health UP Plan" for six consecutive years, in order to enhance the physical and mental health of employees and set a new benchmark for a sustainable workplace health environment.

        Asia Cement Corporation makes good use of the high temperature, high residence time, and high turbulence characteristics of cement rotary kilns to develop alternative solutions for raw materials and fuels, reducing carbon emissions and creating substantial economic benefits. In addition, it pioneered the technology of refrigerant destruction and fan blade regeneration, and provided surplus cement and old equipment as feedback to the local community. At the same time, it strengthened public participation through paper publication and technology sharing, further driving the low-carbon transformation of the industry and local sustainability. In 2025, it was awarded the highest honor of Outstanding level in the Best Case Award.

        2025 Global Corporate Sustainability Awards GCSA Taiwan Corporate Sustainablity Award TCSA Taiwan Health Sustainability Award/Taiwan Sustainable University Award Far Eastern Group Award Results

        

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