Message from the Chairman

The high frequency of extreme weather anomalies in recent years, geopolitical disputes and wars have brought uncertainty to the overall environment. How to focus on and create a positive cycle in this situation has become the direction of the Company's sustainable management. Last year, Formosa Petrochemical Corporation (FPCC) not only demonstrated its resilience in business management, but also fulfilled specific commitments to climate issues. The Board of Directors and the Sustainability Development Committee plan to gradually reduce GHG emissions, track emission data and target achievement, in hopes of engaging in transition with the dual mission of carbon reduction and profitability.

Green Operations, Robust Governance

With the enactment of the Climate Change Response Act and sub-laws related to carbon trading being put in place, following these new regulations is not only a top priority in response to sustainable development, but also one of the requirements for strategy planning. As a pioneer in the industry, we continue to improve various sustainability projects and factories are accelerating the introduction of low-carbon business models, starting from raw materials, processes, fuel, and transportation, in hopes of creating new value in the industry through green energy and high-value products. Facing the wave of AI, FPCC utilizes digital technology to build the two pillars of "digital" and "sustainability," and works with value chain partners in hopes of driving the entire industry towards low-carbon, green business models, working together to develop sustainable supply chains. Furthermore, we firmly believe that sound governance and risk management will help increase the Company's value, and actively strengthen various corporate governance indicators. We have made progress in treating shareholders equally, safeguarding shareholders' rights and interests, strengthening the structure and operation of the Board of Directors, and information transparency, and have ranked in the top 20% of listed companies in the "Corporate Governance Evaluation" for consecutive years, while working towards the top 5%.

Social Inclusion, People-centric

FPCC emphasizes a people-oriented occupational safety and health culture, and provides employees with a safe and healthy workplace environment to achieve the goal of zero accidents. We firmly believe that talents are the key to becoming the industry leader. We value human rights, promote a culture of diversity, equality, and inclusion, and focus on cultivating talents and caring for the community. By supporting local development, we stimulate local innovation and sustainability, strengthen dialogue between industry and society, and develop various arts and cultural activities through the foundation to create a warmer, happier, and peaceful society.

The road to sustainability has no end. FPCC listens to and responds to the needs of all stakeholders, creates competitive advantages through active carbon reduction, strengthens the ESG execution capabilities of all employees, and injects the spirit of sustainability into governance, social, and environmental aspects, in order to initiate truly meaningful changes and positive cycles, and continue to work hard to create a sustainable new prosperity.