FENC ranks among the Top 10 manufacturers in the 2026 CommonWealth Excellence in Corporate Social Responsibility Awards demonstrating strong sustainability performance

2026-09-30 1:40 min Sustainability & Circular Economy

FENCTaipei, Taiwan

Far Eastern New Century Corporation (FENC) has long integrated sustainability into its core business strategy, continuously advancing its efforts across the three dimensions of environmental, social, and governance (ESG). With achievements in the circular economy, low-carbon transformation, innovative R&D, talent development, and sustainability governance, FENC has secured a position among the top 10 manufacturers in the large enterprises category of the 2026 Excellence in Corporate Social Responsibility Awards organized by CommonWealth Magazine, demonstrating its continued progress in sustainable business practices.

Since entering the PET bottle recycling business in 1988, FENC has continued to advance its circular materials technologies, transforming approximately 34 billion post-consumer PET bottles each year into high-value-added products for a wide range of applications, including food packaging, performance apparel, footwear, and industrial materials. In 2025, FENC's Production Business reduced its greenhouse gas emissions by 40% compared with 2020, while green product revenue reached NT$50.6 billion, accounting for more than 40% of Production Business revenue. FENC was also recognized with the highest “A” rating in CDP Climate Change for the second consecutive year and became the first chemical industry company in Taiwan to receive official TNFD Adopter recognition, highlighting its leadership in sustainability disclosure.

Driven by an innovative approach to business, FENC continues to leverage green technologies to advance product innovation. The company pioneered the world's first non-isocyanate polyurethane (NIPU) technology using carbon dioxide as a raw material, achieving a 58% reduction in carbon emissions compared with conventional thermoplastic polyurethane. FENC also developed a single-polyester footwear material solution that transforms textile waste into soft and high-performance polyester elastomers, earning the prestigious 2026 R&D 100 Awards.

FENC has built a diverse and inclusive workplace and a global talent development system. The company has been named one of HR Asia's “Best Companies to Work for in Asia” for six consecutive years and received the ATD Excellence in Practice Award, one of the highest honors in the global talent development field. These recognitions demonstrate FENC's international competitiveness in talent development and organizational growth. In 2025, global employee satisfaction reached 94%, underscoring the company's people-centered core values.

FENC continues to strengthen its sustainability governance. In addition to ranking among the top 5% of listed companies in Taiwan's Corporate Governance Evaluation, the company has been included in the Dow Jones Best-in-Class Emerging Markets Index for two consecutive years. Through innovative sustainable finance initiatives, FENC has directed capital toward sustainability projects, including the circular economy and low-carbon transformation, raising more than NT$90 billion in cumulative funding. These efforts have also received recognition from leading international institutions, including The Asset, Treasury Today, and FinanceAsia.

Looking ahead, FENC will continue to deepen its sustainability strategy, leverage its influence as an industry leader, and create long-term value that advances shared prosperity for the environment, society, and the business.

www.feg.com.tw

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