The English version is AI translated.

Continue
Issues

07.2026 Honor and Personnel Change

Far Eastern Group swept 13 ASIA Awards in 2026 and ranked first in Taiwan

Far Eastern Magazine / Editorial Room
播放语音

  The 2026 Asia Responsible Entrepreneurship Awards (ASIA), one of the most influential ESG awards in Asia, hosted by Enterprise Asia, took place in Malaysia on June 26th. Far Eastern Group swept 13 international awards with its strong sustainable business foundation and forward-looking layout, including Far Eastern New Century Corporation winning four awards: "Recycled Economy Leadership Award," "Green Leadership Award," "Human Investment Award," and "Responsible Digital Practice Award; Far Eastern Department Stores has been awarded three major awards: Corporate Governance Award, Health and Hygiene Promotion Award, and Corporate Sustainability Report Award; In addition to winning the "Social Welfare Development Award", Asia Cement Corporation was also awarded the "Sustainability Development Silver Medal"; FE SOGO Department stores has won three awards: the "Human Investment Award," the "Green Leadership Award," and the "Health Promotion Award; Oriental Union Chemical Corporation has won the "Recycled Economy Award - Group Comprehensive Efficiency Excellence Award", ranking first in the total number of awards in Taiwan, demonstrating the strong strength of the group in leading Asia's sustainability development.

 

Far Eastern New Century Corporation International Dance National Taiwan University shines and wins four sustainable awards in Asia        

1020c01

        Far Eastern New Century Corporation, as a global leader in green polyester, has long been deeply committed to low-carbon transformation and sustainable innovation. This year, with its "Net Zero Transformation Strike Team: 3 X 50 Sustainable Strategy Deployment", "Green Manufacturing Progress: Low Carbon Transformation Practice", "Global Operations Key Talent Training Program", "Enhancing Corporate Integrity and Social Trust through AI Governance" and other projects, Far Eastern New Century Corporation has won four top honors in the ASIA "Recycled Economy Leadership Award", "Green Leadership Award", "Human Investment Award", and "Responsible Digital Practice Award". With advanced circular technology, low-carbon strategic deployment, forward-looking AI governance, and systematic talent cultivation program, it has established a model position in the international sustainable field. The sentence is:.

        Faced with global resource depletion and accelerated green transformation, Far Eastern New Century Corporation has transformed external challenges into forward-looking strategies to drive operational growth, combining manufacturing advantages with research and development energy to continue leading the industry towards circular innovation development. The company converts approximately 34 billion recycled PET bottles into recycled products every year and invests in the development of cutting-edge technologies such as carbon capture and reuse (CCU) polyurethane materials and bio recycled polyester, successfully introducing them into the international brand supply chain. At the same time, we will promote the design of single polyester materials and expand the production capacity of recycled polyester, establish a T2T (Textile to Textile) closed-loop recycling model for shoe materials, and improve resource recycling efficiency and product regeneration value.

        Far Eastern New Century Corporation has created competitive environmentally friendly technology materials that have won international brand recognition. Not only has it successfully jumped onto the stage of the 2026 World Cup football tournament with 100% recycled polyester (rPET) technology, providing 14 national teams with cutting-edge functional and environmentally friendly competition uniforms, leading the industry in recycling technology, but it has also won two major awards in Italy's A'Design Award, The International Textile Manufacturers Federation (ITMF) International Cooperation Award, and ISPO TETREND International Textile Trend Award, demonstrating its leading position in the field of recycling technology innovation and sustainability development.

        Faced with the challenge of climate change, Far Eastern New Century Corporation has established a comprehensive climate governance mechanism, with the board of directors serving as the highest decision-making unit on climate issues, coordinating major climate strategies and long-term development directions, and working together through the corporate sustainability committee and cross departmental energy group to promote global energy management and carbon reduction actions. By 2025, greenhouse gas emissions will decrease by 40%, achieving short-term carbon reduction targets ahead of schedule. Excellent climate governance performance, once again awarded the highest level A List for climate change by CDP in 2025, ranking among the top 4% globally and being listed as a global sustainable leader for two consecutive years.

        In response to rapid changes in the external environment and global expansion, Far Eastern New Century Corporation actively cultivates key leadership talents with international management, cross domain collaboration, and operational integration capabilities, and establishes a systematic talent development mechanism to lay a key advantage for the company's sustainability development. Given the rapid evolution of generative AI and security threats, the company has established an enterprise level "responsible AI security governance model" to strengthen digital trust, transform global security information into actionable decisions, enhance enterprise and supply chain resilience and risk transparency. In the future, the company will continue to drive innovation driven transformation, empower sustainability with technology, and create new value that benefits the environment, society, and economy.

 

Far Eastern Department Stores has won 15 awards for 7 consecutive years. Nancy Hsu, Vice Chairman, attended to receive the award        

1020c02

        Far Eastern Department Stores, with outstanding sustainability management achievements, has won three ASIA awards in one fell swoop, creating 7 consecutive years of award-winning performance and accumulating 15 awards, demonstrating the outstanding strength of Taiwan's retail industry in promoting sustainability development. Among them, the "Corporate Sustainability Report Award" has won for five consecutive years, which not only demonstrates Far Eastern Department Stores' long-term efforts in information disclosure, transparent governance, and sustainable communication, but also sets a leading record in Taiwan's department store retail industry.

        Nancy Hsu, Vice Chairman and President, personally attended the award ceremony and stated that Sustainability Development has become a core competitiveness of the company. In the face of challenges such as climate change, AI development, and stakeholder expectations, the company continues to integrate ESG concepts into corporate governance and operational decision-making. Based on sound governance, the company creates shared value between the enterprise and society through innovative services, green operations, and friendly workplaces. This award is not only a high recognition of Far Eastern Department Stores' sustainable achievements by international judges, but also the result of the hard work of all colleagues.

        In terms of corporate governance, Far Eastern Department Stores has established a complete governance structure from the board of directors, corporate sustainability committee to operational bases across Taiwan, deepening sustainability issues from information disclosure to corporate decision-making and daily management processes. The board of directors conducts annual performance self-assessment and regularly receives external independent evaluations, and the evaluation results have been recognized as "exceeding standards", continuously improving the governance efficiency and decision-making quality of the board of directors. At the same time, Far Eastern Department Stores continues to improve its risk management and information security mechanisms, conducting annual risk assessments and promoting 329 management action projects through digital management and system optimization. Employee productivity has increased by 62% compared to seven years ago, demonstrating the results of sustainable governance driving business growth.

        In response to the global trend towards net zero transformation, Far Eastern Department Stores actively promotes climate governance and low-carbon operations. The greenhouse gas inventory coverage rate of all branches in Taiwan has reached 100%. By 2025, the greenhouse gas emissions of Category 1 and Category 2 will be reduced by about 1696 metric tons compared to the previous year, with a carbon reduction rate of about 2.3%. The goal is to reduce carbon emissions by 30% by 2030 and achieve net zero emissions by 2050, gradually moving towards low-carbon and sustainable operation. In addition to receiving recognition for its governance achievements, Far Eastern Department Stores also won the ARE Health Promotion Award this year for its "Employee Health UP Program", demonstrating its emphasis on employee health and workplace safety.

        Far Eastern Department Stores has been deeply involved in the retail market in Taiwan for nearly 60 years, and is the only department store enterprise in Taiwan with a five generation store transformation and development process and characteristics. In the future, it will continue to deepen sustainable governance, combine innovative services, low-carbon operations, and digital transformation, and work together with employees, customers, suppliers, and all sectors of society to create a more resilient, inclusive, and sustainable retail ecosystem.

 

Asia Cement Corporation has won the Asia Responsible Entrepreneurship Awards for eight consecutive years and has been awarded the Silver Sustainability Development Medal        

1020c03

        Since its first award in 2018, Asia Cement Corporation has been recognized by ASIA for eight consecutive years. This year, with its "Collaborative Governance Program with Tribes and Communities - Long term Action to Build Local Social Resilience", it was awarded the "Social Empowerment Award" and the "Silver Emblem of Sustainability Development" by the organizers, recognizing Asia Cement Corporation's long-term promotion of sustainability development and positive impact on the environment and society.

        Asia Cement Corporation adheres to the spirit of consultation and consent under Article 21 of the Basic Law of Indigenous Peoples, establishes mutual trust with indigenous tribes through diverse dialogue mechanisms, and establishes a "10+11" benefit sharing mechanism. It continues to invest in education, culture, emergency relief, local revitalization, ecological education, and disaster prevention construction, gradually forming a co creation governance and benefit sharing model. At the same time, actively cooperate with the government to handle the restoration of land rights for indigenous reservations. As of 2026, the signing progress of land lease contracts has reached about 15%. In the future, we will continue to assist in promoting subsequent procedures, promoting land rights protection, and deepening the partnership between enterprises and tribes.

        In addition to the Hualien region, Asia Cement Corporation will also promote the concept of co creation governance to various operational sites, setting up community liaison platforms and dedicated windows. In 2025, Asia Cement Corporation and its subsidiaries will invest community development related resources, accounting for 4.22% of their operating profit, to respond to local needs through actions and share development achievements with the community.

        Chen Zhixian, Factory Manager of Asia Cement Corporation's Hualien factory, stated that receiving the ASIA Social Welfare Development Award this time is an important encouragement for Asia Cement Corporation's long-term deepening of local cooperation. In the future, we will continue to work together with local governments to create governance and move towards sustainable development through dialogue, participation, and benefit sharing mechanisms.

 

Oriental Union Chemical Corporation wins the ASIA Recycled Economy Award for CO ₂ Conversion Technology, creating a new milestone in low-carbon building materials        

1020c05

        Oriental Union Chemical Corporation has won the "Recycled Economy Award - Group Comprehensive Efficiency Excellence Award" at this year's ARE for its "CO ₂ Chemical Transformation Zero Carbon Building Materials Innovation Technology" project. This not only showcases the company's technological strength in low-carbon innovation and recycled economy, but also highlights its long-term commitment to sustainability development.

        This award-winning project focuses on addressing the carbon reduction challenges faced by high carbon emitting industries and the construction industry. Oriental Union Chemical Corporation, with carbon capture, reuse, and storage (CCUS) as its core, converts carbon dioxide emissions from industrial processes into high value-added building materials, successfully transforming carbon emissions from a burden to a resource. This not only reduces environmental impact but also provides a low-carbon development path for the construction industry that can be widely promoted.

        Among them, the "liquid chemical carbon sealing" technology pioneered by the R&D team of Oriental Union Chemical Corporation breaks through the limitations of traditional carbon storage that relies on high-pressure and high-energy consumption equipment. It can stably embed carbon dioxide into the chemical structure of materials at room temperature and pressure, achieving long-term and reliable storage effects, effectively reducing energy consumption, and improving operational safety, opening up a new direction for carbon resource utilization applications.

        In addition, this technology has a high degree of import flexibility and its "plug and play" feature allows existing concrete pre mixed plants to be imported and applied without requiring a large amount of equipment investment, significantly reducing the industry's adoption threshold and transformation costs, accelerating the practical implementation of low-carbon technology, and becoming the key to this award. In terms of application effectiveness, this Wuhan Far Eastern New Material generates nanoscale calcium carbonate crystals in concrete, which can effectively fill the internal micro pores of the material, improve structural density and durability, and achieve the effect of "carbon reinforcement".

        It is worth mentioning that this solution can also integrate the treatment of construction waste and steel slag, and through stabilization technology, convert them into high-quality recycled bone materials, successfully constructing a closed-loop model of "carbon sequestration resource regeneration material upgrade" recycled economy, providing the industry with a specific and replicable sustainability development path.

        Against the backdrop of global climate change and increasing carbon reduction pressure, Oriental Union Chemical Corporation redefines the value of carbon through innovative technology. Through the practice of this technological achievement, it proves that environmental protection and economic development can go hand in hand, not only enhancing corporate competitiveness, but also providing specific solutions for industrial sustainability development.

 

FE SOGO Department stores win three ASIA Asia Pacific Awards and 21 Asia Pacific Retail Sustainability Model Awards for 8 consecutive years      

1020c04

        FE SOGO Department stores have once again demonstrated outstanding strength in the field of sustainability, including winning the ARE "Human Investment Award" for seven consecutive years, the "Green Leadership Award" for the seventh time, and the "Health Promotion Award" for the third time. Since 2019, FE SOGO Department stores have won this award for eight consecutive years, accumulating 21 awards and becoming a model for sustainability development in the Asia Pacific retail industry.

        Sophia C.W. Huang Chairman said, "The true value of sustainability lies not only in the efforts of the enterprise itself, but also in whether it can inspire more people to participate together. We hope to make sustainability a daily action for consumers, suppliers, and the general public through the influence of retail channels, and further create greater social value.

        FE SOGO Department stores, with three core strategies of "energy conservation and emission reduction, sustainable consumption, and circular business model", comprehensively promotes net zero transformation. As a member of the international initiative "Smart Energy Coalition" (formerly known as EP100), the company promises to increase energy productivity by 50.52% by 2028. The ten-year plan has currently reached 80% of the standard, and in addition to continuously optimizing energy management, it also deeply saves energy through AI; Tianmu Store introduces AIoT intelligent energy control system, which improves energy efficiency by 15.24%.

        In addition, FE SOGO Department stores has become the only retail operator in Taiwan to obtain a "carbon label" for all locations. According to the current green procurement regulations, 30% of invoices issued by enterprises, government agencies, and businesses that consume at FE SOGO Department stores can be recognized as "green procurement", actively exploring B2B business opportunities and assisting the government in expanding the industrial green goods market.

        On the other hand, FE SOGO Department stores is committed to creating a model of a happy workplace with the core concept of "transforming human investment into sustainable competitiveness". In 2025, all employees will receive salary increases for four consecutive years, with an average salary 35% higher than the industry average. In terms of health promotion, the company has been promoting catering education activities since 2007, gradually developing into a "sustainable food and cuisine competition" that combines the concepts of cherishing food, low-carbon, local and sustainable certified ingredients; By collaborating with eco-friendly restaurants, small farmers, and supply chain partners to promote the "Delicious Reproduction" project, healthy eating can be brought from competition to daily dining tables. Up to 95% of FE SOGO Department stores in Taiwan are certified as "environmentally friendly restaurants" by the Ministry of Environment, and all of their Zhongli and Kaohsiung stores have been converted to "green dining tables" to ensure that consumers eat delicious, healthy, and sustainable food.

        In the future, FE SOGO Department stores will continue to deepen their net zero transformation, healthy living initiatives, and talent sustainability development, working together with consumers, suppliers, and various sectors of society to expand their sustainable influence.

        #       

Back  Back To List
Comments(0)

Recommend

Events