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MESSAGE FROM THE CHAIRMAN
董事長的話



台塑自民國43年創立以來,秉持著勤勞樸實、追根究柢的精神,不斷致力於產品的研發和創新,以追求環保及經濟並重的永續經營。如今我們的技術及產品,已被廣泛應用於生活的每一個角落。台塑,更將於奉獻社會、止於至善的理念,為下一代更加努力,讓我們一起為每一個家庭,塑造幸福的方程式。


長期關心並支持台塑永續發展的夥伴們,大家好!

2020 年因新冠肺炎疫情蔓延全球,各國自 3 月起採取封城鎖國措施,造成需求急遽萎縮及供應鏈中斷,嚴重衝擊生產、消費及投資信心,重創全球經濟,拖累國際原油、原料乙、丙烯及石化產品行情。本公司上半年雖因產品行情下跌,利差縮小,但原料成本同步大幅下降,本業仍可維持獲利,惟受台塑石化、台塑美國等主要轉投資公司收益大幅衰退影響,合併稅後利益出現虧損。然而,下半年各國陸續解封後,宅經濟及報復性需求爆發,造成防疫製品、家用運動器材、建築材料、3C 及家電製品等需求大增,全球景氣緩步復甦,且各國採取大量的貨幣寬鬆及財政刺激政策,石化產品價格反彈回升,2020 年底已回復至疫情前水準,其中聚氯乙烯(PVC)、聚乙烯醋酸乙烯酯(EVA)更創近 9 年新高,使本公司全年業績得以倒吃甘蔗,擺脫虧損陰霾。

「凡事豫則立,不豫則廢」,回顧 2020 年,面對疫情對全球經濟的衝擊,以及石化產品供過於求之經營困境,台塑積極進行創新研發並予以落實,其中與工業技術研究院合作開發「染料敏化電池應用於智慧家庭技術」,勇奪「全球百大科技研發獎(R&D 100 Awards)」,顯示本公司的創新研發能量與商品化能力,獲得全球科技界的肯定。同時,已在仁武廠成立人工智慧研發中心,朝「產銷優化、品質確保、智慧保養、工安環保、降低成本」五大面向,深化人工智慧(AI)發展與應用,以提升營運效益。此外,運用區塊鏈技術,建置不織布整合行銷平台,並將平行展開至醫療、汽車、鞋材及風電等產業,串連上、中、下游形成全球產業聯盟,提供客戶全方位服務。再者,為達到以客為尊之數位轉型目標,朝智慧產銷系統發展,設立台塑電子商務平台。另以遠距行銷方式,與客戶進行多方面業務推廣與交流,期能在疫情期間,共創多贏。藉由落實上述各項經營策略及改善措施,一點一滴追求合理化,以強化公司體質,讓本公司在面對疫情等諸多挑戰的同時,能更加穩健地追求永續成長,來答謝所有利害關係人給予的支持與鼓勵。

身為全球企業公民之一員,台塑在公司治理、永續環境、幸福企業、安全職場及社區共榮等五大領域努力耕耘,並朝九項聯合國永續發展目標(SDGs)邁進,以落實兩位創辦人「永續經營、奉獻社會」的經營理念。經過多年來的推動,除持續獲證交所列入「高薪 100 指數」、「就業 99 指數」及「公司治理 100 指數」成分股外,2020 年更成為國內僅 3 家公司之一,因連續 50 年營收位居前百大企業,榮獲中華徵信所頒贈「傳奇五十獎」殊榮。另外,有 4 個部門在職業安全衛生表現優異,獲得主管機關之表揚與肯定,其中麥寮線性低密度聚乙烯(LLDPE)廠與丙烯腈(AN)廠因連續三年獲獎,獲雲林縣政府頒發五星獎。更欣慰的是,台塑防疫成功,所有同仁均平安健康、安然度過疫情肆虐的一年,並本於利他精神,致力扮演「口罩國家隊」的堅實後盾,全力支援國內醫療防護、衛生用品所需原料,為台灣防疫工作及確保國民健康貢獻一份心力。

為營造良好的生活環境,許諾地球一個永續美好未來,台塑積極進行污染防治、節能減廢、溫室氣體減量及工安消防等改善,截至 2020 年底累計投資金額達 254 億元,其中 2020 年節水成果達每日4,043 噸,溫室氣體排放年削減量再增加 137 千噸。依國際環境評鑑指標碳揭露專案(CDP)公布 2020年評鑑結果,本公司在氣候變遷評等為「A」、水資源評等為「A-」,兩項成績於國際知名化學品企業均名列前茅,顯見台塑為因應氣候變遷所做之節能減排及循環經濟,已有相當成效。此外,因應國內環保法令日益趨嚴,進行仁武廠煙囪白煙消除改善,並在各廠區推動廢水零排放,同時各廠進行 VOC 源頭減量、精簡設備元件及逐步汰換低洩漏型設備元件等措施,輔以應用紅外線偵測儀(GasFinder) 強化自主巡檢,以友善環境,促進與環境永續共好。

展望 2021 年,面對國際ESG(環境、社會及公司治理) 發展潮流,身為國內石化產業之領導企業,台塑將持續落實對所有利害關係人之永續承諾,除深化 AI 發展及研究開發,積極培育 AI、大數據、雲端運算人才,加速推動 AI 在各領域應用,優化產銷、提升品質及管理績效、減少能耗,並進行管線巡檢及洩漏偵測,強化安衛環管理外;因應半導體、5G、再生能源及醫療防疫產業興起,致力創新研發具前瞻性及高值化材料與製程技術,並朝產品精細化發展,厚植公司長期競爭力。在兼顧產業與環境永續發展前提下,持續推動循環經濟及節能減碳,建置再生能源,期能成為善盡企業社會責任、並為所有利害關係人創造永續價值的標竿企業。

台灣塑膠工業股份有限公司
董事長 敬上
2021年

FPC CSR REPORT
台灣塑膠工業股份有限公司
企業社會責任報告書

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   /    Corporate Governance    /   Message from the Chairman

Message from the Chairman

Greetings to all our partners who have supported us throughout in the development of FPC and cared for its growth.

Owing to the spread of the COVID-19 pandemic across the world, countries around the world began implementing lockdown measures starting March 2020, leading to sharply shrinking demand and supply chain disruptions while severely impacting production, consumption, and investment confidence. These developments have hit the global economy really hard, dragging down international crude oil, raw materials such as ethylene and propylene, and petrochemical products in the process. Despite declining product markets and narrowing interest rate spreads, the costs of raw materials dropped substantially at the same time, enabling FPC to continuously maintain profitability in the first half of 2020. Yet, FPC posted a consolidated loss after tax as a result of a significant decline in revenue at our investment companies, such as Formosa Petrochemical Corp. and Formosa Plastics Corporation, U.S.A. As countries began to open up gradually in the second half of 2020, demand for epidemic prevention supplies, home exercise equipment, construction materials, consumer electronics, and home appliances grew exponentially, thanks to the stay-at-home economy and explosive pent-up demand, thus paving the way to gradual global economic recovery. Furthermore, with countries around the world adopting monetary easing and fiscal stimulus policies in large quantities, the prices of petrochemical products have experienced a rebound and recovered to pre-pandemic levels at the end of 2020. Specifically, the prices of polyvinyl chloride (PVC) and polyethylene vinyl acetate (EVA) have reached new heights in nine years, enabling FPC to improve our annual performance and escape the spectre of losses.

As the saying goes, "Forewarned is forearmed." Looking back on 2020, FPC's active engagement and implementation of innovative R&D in the face of various management difficulties arising from the economic impact of the COVID-19 pandemic and oversupply of petrochemical products have seen our collaboration with ITRI on the development of "dye-sensitized batteries for smart home technology" honored with the R&D 100 Awards. Such an accomplishment demonstrates that FPC's innovative R&D and commercialization capabilities have earned recognition from the global technology community. At the same time, FPC has established the Artificial Intelligence Research & Development Center at Renwu Complex, in order to deepen the development and application of artificial intelligence (AI) in five areas, namely production and marketing optimization, quality assurance, smart maintenance, digital inspection, and cost reduction, thereby enhancing operating efficiency. On the other hand, FPC has built an integrated marketing platform for non-woven fabric using blockchain technology, which will be expanded to the medical, automotive, shoe materials, and wind power industries, with the aim of connecting the upstream, midstream, and downstream sectors to form a global industry alliance and provide customers with a full range of services. In addition, the FPC E-Business System has also been set up, with the intention of realizing customer-oriented digital transformation and moving toward the development of a smart production and sales system. FPC also conducted muti-faceted business promotion and communication with customers via remote marketing with hopes of creating a win-win situation during the COVID-19 pandemic. FPC spared no effort to implement the aforesaid management strategies and take corrective measures in the course of pursuing rationalization, so as to strengthen corporate management. While dealing with multiple challenges such as the COVID-19 pandemic, FPC was poised to maintain sustainable growth in acknowledgement of the support and encouragement from all of our shareholders, employees, and customers, as well as business partners.

As a member of the global corporate citizenship, FPC has made great strides in five areas, namely corporate governance, environmental sustainability, employee welfare, workplace safety, and community co-prosperity, and is progressing toward nine of the United Nation's Sustainable Development Goals (SDGs), so as to realize the management philosophy of "Perpetual Business Operation and Dedication to the Society" upheld by our two founders. After years of implementation, not only has FPC been selected as a constituent of the TWSE Taiwan High Compensation 100 Index, Taiwan Employment 99 Index, and Corporate Governance 100 Index, but also became one of the only three companies in Taiwan to receive the Legendary 50 Award from China Credit Information Service Ltd. in 2020 for being ranked among the top 100 Companies by revenue for 50 consecutive years. Moreover, four departments received commendation and recognition from the competent authorities, thanks to their outstanding performance in occupational safety and health. Specifically, Mailiao Linear Low Density Polyethylene (LLDPE) Plant and Acrylonitrile (AN) Plant have been honored with the Five-Star Excellent Occupational Safety and Health Department Award by the Yunlin County Government for three consecutive years. It is even more gratifying to know that owing to FPC's success in epidemic prevention, our employees have been able to stay safe and healthy throughout a year ravaged by the COVID-19 pandemic. Based on the spirit of altruism, FPC joined the national facial mask production team and gave full support in providing the raw materials required for the production of medical protection and sanitary products, thereby contributing to epidemic prevention in Taiwan and safeguarding people's health.

FPC has been committed to creating an excellent living environment and a better and sustainable future for the Earth. As of 2020, we invested a total of NT$25.4 billion in pollution prevention, energy conservation and waste reduction, greenhouse gas (GHG) reduction, and industrial safety and fire protection. In 2020 alone, we conserved 4,043 tons of water per day and reduced an additional 137 thousand tons of GHG emissions per year. According to the 2020 assessment results announced by the Carbon Disclosure Project (CDP), an international environmental assessment index, FPC was given an A rating in climate change assessment and an A- rating in water resource assessment, both of which ranked among the best for internationally-renowned chemical companies. Such performance has confirmed FPC's significant results in energy conservation, emission reduction, and circular economy in response to climate change. Additionally, FPC has also carried out white smoke elimination and improvement at Renwu Plant and promoted zero wastewater discharge at all complexes in consideration of increasingly stringent environmental protection laws and regulations in Taiwan. At the same time, all complexes have implemented various measures, such as reducing sources of volatile organic compounds (VOCs), streamlining equipment components, and gradually replacing equipment components with low-leakage ones, supplemented with the application of infrared detectors (i.e. GasFinder) to enhance self-inspection, so as to create a friendly environment and promote mutual benefit with environmental sustainability.

Faced with international environmental, social, and corporate governance (ESG) trends in 2021, FPC, as a leading company in the petrochemical industry in Taiwan, will continue to fulfill our sustainability commitment to all stakeholders by deepening AI development and R&D, actively nurturing talents in AI, big data, and cloud computing, and speeding up the application of AI in various areas to optimize production and sales, improve quality and management performance, and reduce energy consumption, as well as carrying out pipeline inspections and leak detection to enhance safety, health, and environmental management. Furthermore, we strive to innovate and develop forward-looking and high-value materials and process technologies and move toward the development of specialty products in response to the emergence of the semiconductor, 5G, renewable energy, and medical and epidemic prevention industries, so as to enhance our competitiveness over the long run. While maintaining business development and environmental sustainability, FPC will continue to promote circular economy and energy saving and carbon reduction and build renewable energy, with the goal of becoming a leading enterprise that fulfills corporate social responsibility and creates sustainable value for all stakeholders.

Formosa Plastics Corporation


2021

Formosa Plastics Corporation
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