Far Eastern New Century Corp 2023 SR

The report details Far Eastern New Century Corporation's (FENC) sustainability performance for 2023, highlighting its progress toward a net-zero transition by 2050. The company achieved its short-term GHG reduction target ahead of schedule, reducing Scope 1 and 2 emissions by 25% compared to the 2020 base year. FENC continues to lead in the circular economy, recycling over 22 billion PET bottles into new products and ranking first in circularity within the global petrochemical industry. Key initiatives include the implementation of an internal carbon pricing system and the expansion of green product revenues to NT$47.7 billion. The report also emphasizes social inclusion, human rights due diligence, and the promotion of environmental education through campus programs.

Company: Far Eastern New Century Corp

Sector: Industrials

Country: Taiwan

Year: 2023

Type: SR

Pages: 174

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Far Eastern New Century Corp

Far Eastern New Century Corp 2023 Sustainability Report

Sustainability Report

The report details Far Eastern New Century Corporation's (FENC) sustainability performance for 2023, highlighting its progress toward a net-zero transition by 2050. The company achieved its short-term GHG reduction target ahead of schedule, reducing Scope 1 and 2 emissions by 25% compared to the 2020 base year. FENC continues to lead in the circular economy, recycling over 22 billion PET bottles into new products and ranking first in circularity within the global petrochemical industry. Key initiatives include the implementation of an internal carbon pricing system and the expansion of green product revenues to NT$47.7 billion. The report also emphasizes social inclusion, human rights due diligence, and the promotion of environmental education through campus programs.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Aug 1, 2023

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Workplace Fatalities

Net Zero Target

Employees