Climate Change Data

Far Eastern Resources Development Co., Ltd (FERD)

Climate Impact & Sustainability Data (2020, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:78,955 tCO2e avoided

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Avoided 78,955 tCO2e in carbon emissions with 97 energy saving and carbon reduction projects
  • Established solar power stations at 10 production sites with 12.4 MW in capacity
  • Increased total recycled and reused water by 2% in 2020
  • Reduced water withdrawal by 23%, water consumption by 10% and wastewater discharge by 29% in 2020
  • Reduced GHG emissions by 60% and water consumption during dyeing by 90% in new nylon production process
  • Recycled 21 billion PET bottles, enough to circle the earth 120.5 times
  • TopGreen®ChemCycle won Outstanding Enterprise in Circular Economy – Two Star from Environmental Protection Administration, Executive Yuan

Social Achievements

  • Donated NT$6 million to Central Epidemic Command Center
  • Held the 12th FENC Classic Marathon with over 3,000 runners
  • Promotes employee health care by offering on-site health checkups and flu vaccines
  • Offered comprehensive deputy and family care system, increasing female employees’ willingness to return to FENC after maternity leave with a retention rate of 92%
  • Increased female supervisors by 64% in the last decade
  • Promotes International Talent Program with 199 top-performing managers and staff enrolling in foreign language programs and online courses
  • Incubates next-generation digital management talents with training for 101 top-performing managers and staff
  • Served as speaker at 2 sustainability lectures, sharing experience with nearly 150 students and faculty members
  • Hosted the 12th Taiwan Young Physicists Tournament
  • Hosted two sessions of Y. Z. Hsu Innovation Forum with over 30,000 students and public audience
  • Makes regular cash donation to non-profit organizations and participates in outreach programs for the disadvantaged
  • FERD hosted Christmas Charity Market, generating nearly NT$94,000 in revenue for 10 local non-profit organizations
  • Taiwan Headquarters implemented strict pandemic control measures, improving satisfaction rate for 4 consecutive years
  • APG Polytech donates new refrigerators and over 135 kg of food to local NGO in the U.S.
  • Completed the signing of Zero Fee for Migrant Workers Policy Statement
  • Launched the International Talent Pool project
  • Talent Pool Program in Taiwan recruited 20 students for corporate internship
  • FEFC developed AIoT system with 30 students
  • Offers expat subsidy during the COVID-19 pandemic

Governance Achievements

  • Recorded 12 consecutive years of zero bad debts
  • Commissions external agency to conduct Board Performance Evaluation
  • Creates sound risk control with Risk Control Policies
  • Enhances tax management transparency with Tax Governance Policy
  • Strengthens anti-corruption and anti-bribery management with Best Practice Principles of Ethical Corporation Management
  • Devoted NT$740 million in forward-looking R&D
  • Received 841 patent approvals
  • Established Sustainability Committee
  • Issued 2 sustainable financial products
  • Is the first polyester manufacturer in Taiwan to sign TCFD and the first traditional manufacturer in Taiwan to issue the declaration of signing
  • Activates comprehensive GHG emissions inventory project
  • Conducts human rights due diligence that covers 100% of employees

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD

Certifications: Fair Trade USA (FEAV), SLCP (Kuanyin Dyeing and Finishing Plant)

Sustainable Products & Innovation

  • TopGreen®ChemCycle
  • New nylon production process

Awards & Recognition

  • TopGreen®ChemCycle - Outstanding Enterprise in Circular Economy – Two Star

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:822 tCO2e (2023)
Scope 1 Emissions:255 tCO2e (2023)
Scope 2 Emissions:567 tCO2e (2023)
Scope 3 Emissions:220 tCO2e (2023)
Renewable Energy Share:Not disclosed
Total Energy Consumption:94,283 GJ (2023)
Water Consumption:133.4 megaliters (2023)
Waste Generated:66 metric tons (general waste, 2023)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Optimizing Land Resources
  • Building Sustainable Community

Environmental Achievements

  • Reduced electricity consumption per unit of floor area remained constant at 59%
  • Increased proportion of green building floor area (progress towards 50% target)
  • Avoided 186 tCO2e of carbon emissions annually through air-conditioning improvement project at TPKA Building
  • Obtained third-party assurance for GHG inventory (ISO 14064-1 standards)
  • Removed approximately 0.28 hectares of invasive Jumbay trees to protect biodiversity

Social Achievements

  • Hosted LOHAS charity market ten times in 2023, with non-profit organizations participating 36 times
  • Hosted 2023 Tpark Christmas Charity Market, supporting ten non-profit partners
  • Held a shareholder’s meeting with HSBC, showcasing Tpark’s sustainable development
  • Exchanged smart city experiences with a delegation from Bình Dương Province, Vietnam
  • Received a Gold Award from the Intelligent Living Space Design Competition

Governance Achievements

  • Developed and patented an innovative digital real estate handover system
  • Implemented ISO 14064-1 standards for GHG inventory

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions (aligned with government's 2050 target)
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reaching 50% green building floor area by 2023, 55% by 2024, 57% by 2025

Environmental Challenges

  • Water scarcity
  • Invasive alien species (Jumbay tree) impacting biodiversity
  • Reducing energy consumption and carbon emissions in leased areas of Tpark
Mitigation Strategies
  • Implemented water conservation measures at TPKA Building (adjusting water pressure, public notices)
  • Removed Jumbay trees
  • Developed smart energy management system and carbon dashboard to monitor and reduce energy consumption and emissions
  • Tenant engagement to promote energy reduction

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Compliance with safety and regulatory requirements for contractors

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding (mitigated by rainwater retention tanks and infiltration facilities)
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient buildings and smart technologies

Reporting Standards

Frameworks Used: ISO 14064-1:2018

Certifications: LEED Gold (TPKA, TPKD Buildings), Green Building Label (Taiwan) - Diamond (TPKA Building), Green Building Label (Taiwan) - Gold (TPKE Building), Smart Building Certification (Taiwan) - Bronze (TPKE Building)

Third-party Assurance: Third-party assurance for GHG inventory (March 15, 2024)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Digital real estate handover system

Awards & Recognition

  • Triple A Country Award for Best Sustainability – Linked Loan Real Estate Taiwan (The Asset)
  • Gold Award from Intelligent Living Space Design Competition