Taiwanese performance materials manufacturer Far Eastern New Century Corporation (FENC) has been included in the Dow Jones Sustainability Indices (DJSI) Emerging Markets – a set of indices assessing environmental, social and governance (ESG) performance among publicly traded companies. 

It evaluates over 10,000 companies worldwide, selecting only the top 10% of performers. 

FENC has established goals for 2030, which include a 50% reduction in carbon emissions, green products constituting 50% of total production, and green raw materials comprising 50% of sourcing. 
Its polyester division and its subsidiary, Oriental Industries (Suzhou), had Science-Based Targets initiative (SBTi) approved in March.

Share this story: