FAR EASTERN NEW CENTURY CORPORATION IR Publication
Apr 2023
Far Eastern New Century (TWSE: 1402)
A constituent of the MSCI ESG Leaders Indexes, FTSE4Good Emerging Index & TWSE CG 100 Index
Contents
Company Overview
Production Business
Property Development Business
Investment Business
Financials
ESG & Recent Achievements
Appendix
2
FENC's Three Key Businesses
Established 1954 / 32,736 employees
Strategic summary | Asset allocation | Consolidated revenue | |
(FENC has a consistent dividend policy) | (12/31/2022: NT$ 658 B) | (2022: NT$ 264 B ) | |
Book value per share: NT$ 39.0
Production
Transformation
Go green | Local to local | Empower | 33% | 62% |
(Sustainability) | (Regionalization) | possibilities | ||
(R & D) |
Property
Development & Monetization
2%
26%
Office buildings Residential products
(Lease)(Sell)
Investments
Stable
Investment Income
41%36%
Holding company of the FE Group
3
Net Zero by 2050
FENC's GHG Emissions Target
Reducing GHG emissions through energy efficiency, alternative fossil fuels, renewable energy, raw material transformation and CCUS (carbon capture, utilization and storage) technology.
GHG emissions
(Scopes 1 & 2)
2,432 ktCO2e | - 20% | ||
2020 | - 40% | ||
Base Year | 2025 | Net Zero | |
2030 |
2050
Source:FENC 2021 Sustainability Report
In line with SBTi guidelines, FENC has committed its short term business goals towards a 1.5°C global temperature reduction; a long term target of Net Zero emissions and to participate in the UNFCCC Race to Zero campaign.
4
Contents
Company Overview
Production Business
Property Development Business
Investment Business
Financials
ESG & Recent Achievements
Appendix
5
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Far Eastern New Century Corporation published this content on 11 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2023 07:19:05 UTC.
