CORPORATE SOCIAL RESPONSIBILITY

FET has established the "Sustainable Development Best Practice Principles "  as the highest guiding principle of FET's corporate sustainability policy, and has set up the ESG Committee as the highest guiding unit of sustainable governance and strategic planning. The Committee is headed by the Chairman of the Board of Directors, the President is the Chief Executive Officer, and the Executive Management Team (EMT) serves as the convener of the cross-business group working group, leading the representatives of the members of each of the business groups under its purview.The ESG Committee invites external experts to provide advice from time to time, and has set up the Public Relations and Corporate Sustainability Division as a specialized unit to ensure the implementation of internal sustainability actions and measures.

The ESG Committee convenes meetings on a quarterly basis and report relevant policies, decisions and the performance to the Board of the Directors from time to time. Meetings are hosted by the President while members of the executive management serve as conveners for the relevant task force. Matters such as progress of annual action plans, tracking of material issues and proposals are raised and discussed during ESG Committee meetings. The ESG Committee held a total of four meetings in 2023.