FENC Sets New Milestone in Sustainable Finance Leading Taiwan’s First Issuance of Sustainable Commercial Paper

Far Eastern New Century (FENC) has been deeply committed to sustainable finance innovation for many years. As the sole enterprise in Taiwan accredited to successfully issue all four types of sustainable bonds, FENC has earned multiple international accolades and firmly established itself as a leader and benchmark in Taiwan’s sustainable finance market. 

On August 12, 2025, the Taiwan Depository & Clearing Corporation (TDCC) officially released the Guidelines for Sustainable Commercial Papers, establishing Taiwan’s first framework for sustainable commercial paper and expanding the nation’s sustainable finance landscape into the money market. Demonstrating its pioneering spirit once again, FENC led its subsidiaries Oriental Green Material Ltd. (亞東綠材, OGM) and Far Eastern Apparel Co. (全家福, FEAC) in October 2025 to jointly issue Taiwan’s first Sustainable Commercial Paper — a milestone that embodies FENC’s dual-track strategy of “financial innovation × industrial decarbonization,” propelling Taiwan’s sustainable finance to a new level of development.

With circular economy and low-carbon transformation as its core strategic pillars, FENC embeds sustainability into its operations, investment, and financing decisions. FENC is the world’s largest producer of food-grade recycled polyester (rPET), with production sites across Taiwan, China, Japan, the United States, Vietnam, the Philippines, and Malaysia, continuously driving global recycled material supply chains through technological innovation.

OGM, Taiwan’s first rPET manufacturing plant and one of FENC’s key production bases, issued a Green Commercial Paper (Green CP) to fund the expansion of rPET production capacity and increased use of renewable energy. This financing initiative demonstrates how sustainable finance can directly support low-carbon manufacturing and translate sustainability principles into tangible industrial impact.

Meanwhile, FEAC, which manages FENC’s proprietary brands—including Tonia Nicole, Manhattan Shirts, and F.E.T. Underwear—issued a Social Commercial Paper (Social CP) that allocates funds toward supporting small and medium-sized enterprises (SMEs) and fostering inclusive growth within the supply chain, exemplifying the integration of financial innovation with social value creation.

Looking ahead, FENC will continue to advance its “Green Technology + Digital Technology” dual-engine strategy, positioning sustainable finance as a key driving force toward low-carbon manufacturing and shared prosperity with its supply chain partners. By merging green innovation with capital market mechanisms, FENC not only continues to attract international investment interest but also sets a sustainability benchmark for the integration of industry and finance in Taiwan—driving sustainable finance onto the global stage and realizing a vision of economic prosperity, social value, and environmental responsibility in harmony.