{"id":54852,"date":"2025-06-10T13:00:58","date_gmt":"2025-06-10T05:00:58","guid":{"rendered":"https:\/\/erf.org.tw\/?p=54852"},"modified":"2025-06-10T13:00:58","modified_gmt":"2025-06-10T05:00:58","slug":"fpg_esgreportpr","status":"publish","type":"post","link":"https:\/\/testodeverf.tpcuwp.com\/en\/fpg_esgreportpr\/","title":{"rendered":"\u3010\u5831\u544a\u767c\u8868\u65b0\u805e\u7a3f\u3011\u5f9e\u8ca1\u52d9\u5230 ESG \u8a55\u7b49\uff1a\u89e3\u6790\u53f0\u5851\u96c6\u5718\u7684\u6c38\u7e8c\u5371\u6a5f\u2500\u65b0\u5831\u544a\u63ed\u9732\u53f0\u5851\u96c6\u5718\u8ca1\u52d9\u7f8e\u5316\u8207\u5931\u9748\u7684 ESG \u8a55\u7b49\u6a5f\u5236\/\/New Report Exposes Formosa Plastics\u2019 Problematic Masking Strategy &#038; Flawed ESG Ratings"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]<span style=\"color: #000000;\"><span style=\"font-weight: 400;\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-54855 size-large\" src=\"https:\/\/testodeverf.tpcuwp.com\/wp-content\/uploads\/2025\/06\/20250605_\u53f0\u5851ESG\u6c38\u7e8c\u5371\u6a5f\u8ad6\u58c7banner_3-1-1024x576.jpg\" alt=\"\" width=\"1024\" height=\"576\" \/><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">\u74b0\u5883\u6b0a\u4fdd\u969c\u57fa\u91d1\u6703\u8207\u7f8e\u570b\u5730\u7403\u4e4b\u53cb\uff08Friends of the Earth U.S.\uff09\u65bc\u4eca\u65e5\uff086\/10\uff09\u5171\u540c\u767c\u8868\u6700\u65b0\u5831\u544a\uff0c\u5206\u6790\u5168\u7403\u6700\u5927\u77f3\u5316\u96c6\u5718\u4e4b\u4e00\u2500\u2500\u53f0\u5851\u96c6\u5718\u2500\u2500\u5728\u74b0\u5883\u3001\u793e\u6703\u8207\u516c\u53f8\u6cbb\u7406\uff08ESG\uff09\u65b9\u9762\u7684\u8868\u73fe\u3002\u5831\u544a\u540d\u70ba<\/span><a style=\"color: #000000;\" href=\"https:\/\/refdev.tpcuwp.com\/fpg_esgreport\"><span style=\"font-weight: 400;\">\u300a\u4e9f\u5f85\u8ab2\u8cac\uff1a\u53f0\u5851\u96c6\u5718\u7684\u6c38\u7e8c\u5371\u6a5f\u300b\uff08<\/span><i><span style=\"font-weight: 400;\">Unchecked and Unaccountable: The Sustainability Crisis at Formosa Plastics Group<\/span><\/i><span style=\"font-weight: 400;\">\uff09<\/span><\/a><span style=\"font-weight: 400;\">\uff0c\u63ed\u9732\u4e86\u5176\u7cfb\u7d71\u6027\u7684\u74b0\u5883\u9055\u898f\u884c\u70ba\u8207\u4eba\u6b0a\u554f\u984c\uff0c\u4e26\u5c0d ESG \u6295\u8cc7\u6846\u67b6\u7684\u53ef\u4fe1\u5ea6\u63d0\u51fa\u4e86\u8cea\u7591\u3002<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">\u5831\u544a\u6307\u51fa\uff0c\u5118\u7ba1\u53f0\u5851\u96c6\u5718\u88ab\u7d0d\u5165\u8d85\u904e 40 \u652f ESG \u6a19\u7c64\u57fa\u91d1\uff0c\u4e26\u7372\u5f97\u8fd1 20 \u5104\u7f8e\u5143\u7684\u6c38\u7e8c\u9023\u7d50\u8cb8\u6b3e\uff0c\u4f46\u537b\u662f\u500b\u74b0\u5883\u8207\u4eba\u6b0a\u4fb5\u5bb3\u300c\u6163\u72af\u300d\uff0c\u5176\u6240\u9020\u6210\u7684\u554f\u984c\u5305\u62ec 2016 \u5e74\u8d8a\u5357\u53f2\u4e0a\u6700\u56b4\u91cd\u7684\u6d77\u6d0b\u6c61\u67d3\u4e8b\u4ef6\uff0c\u4ee5\u53ca\u4f4d\u65bc\u7f8e\u570b\u8def\u6613\u65af\u5b89\u90a3\u5dde\u3001\u906d\u806f\u5408\u570b\u5c08\u5bb6\u8b74\u8cac\u70ba\u74b0\u5883\u7a2e\u65cf\u6b67\u8996\u7684\u300c\u967d\u5149\u8a08\u756b\u300d\uff08Sunshine Project\uff09\u3002<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>\u74b0\u5883\u6b0a\u4fdd\u969c\u57fa\u91d1\u6703\u4f01\u696d\u8cac\u4efb\u8207\u570b\u969b\u4e8b\u52d9\u4e3b\u4efb\u5b6b\u8208\u7444<\/b><span style=\"font-weight: 400;\">\u8868\u793a\uff0c\u300c\u672c\u5831\u544a\u76f4\u63a5\u5c07\u53f0\u5851\u5728\u5168\u7403\u7684\u885d\u64ca\u8207\u570b\u969b\u80af\u8a8d\u7684\u4eba\u6b0a\u53ca\u74b0\u5883\u6a19\u6e96\u76f8\u9023\u7d50\uff0c\u63ed\u793a\u4e86\u4e00\u5bb6\u8207\u6c38\u7e8c\u539f\u5247\u6975\u5ea6\u4e0d\u7b26\u7684\u4f01\u696d\uff0c\u537b\u6301\u7e8c\u5f9e ESG \u8cc7\u672c\u4e2d\u53d7\u76ca\u3002\u300d<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>\u7f8e\u570b\u5730\u7403\u4e4b\u53cb\u77f3\u5316\u696d\u7814\u7a76\u54e1 Zoe Reyes <\/b><span style=\"font-weight: 400;\">\u8868\u793a\uff0c\u300c\u53f0\u5851\u4f01\u696d\u5411\u91d1\u878d\u6a5f\u69cb\u5ba3\u7a31\u5176\u5177\u5099\u6c38\u7e8c\u9858\u666f\uff0c\u4f46\u5176\u5be6\u969b\u7d00\u9304\u537b\u5c55\u73fe\u51fa\u74b0\u5883\u9055\u898f\u3001\u5065\u5eb7\u98a8\u96aa\u8207\u6cbb\u7406\u5931\u6557\u7684\u4e00\u8cab\u6a21\u5f0f\u3002\u5f9e\u5fb7\u5dde\u5230\u53f0\u7063\uff0c\u53f0\u5851\u4e00\u518d\u8b49\u660e\u5b83\u662f\u60e1\u9130\u5c45\u3002\u5982\u679c\u9280\u884c\u548c\u6295\u8cc7\u4eba\u5e0c\u671b\u5c55\u73fe\u8cac\u4efb\u611f\uff0c\u5c31\u5fc5\u9808\u5c0d\u53f0\u5851\u4f01\u696d\u8aaa\u4e0d\u3002\u300d<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>\u672c\u5831\u544a\u4e3b\u8981\u8abf\u67e5\u7d50\u679c\u5305\u62ec\uff1a<\/b><\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">\u53f0\u5851\u5728\u8d8a\u5357\u3001\u53f0\u7063\u8207\u7f8e\u570b\u7686\u9020\u6210<\/span><b>\u74b0\u5883\u7834\u58de\u3001\u52de\u6b0a\u4fb5\u5bb3\u8207\u4eba\u6b0a\u4fb5\u5bb3\u7591\u616e<\/b><span style=\"font-weight: 400;\">\uff0c\u9055\u53cd\u300a\u806f\u5408\u570b\u4f01\u696d\u8207\u4eba\u6b0a\u6307\u5c0e\u539f\u5247\u300b\u3001\u570b\u969b\u52de\u5de5\u7d44\u7e54\u516c\u7d04\u8207OECD\u300a\u591a\u570b\u4f01\u696d\u6307\u5c0e\u7db1\u9818\u300b\uff1b<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>\u6c23\u5019\u653f\u7b56\u56b4\u91cd\u4e0d\u7b26\u5408\u5168\u7403\u5347\u6eab1.5\u5ea6\u4ee5\u5167\u76ee\u6a19<\/b><span style=\"font-weight: 400;\">\uff0c\u5176\u4e3b\u8981\u516c\u53f8\u6392\u653e\u91cf\u8d85\u904e 165 \u500b\u570b\u5bb6\uff0c\u4e14\u672a\u63d0\u51fa\u53ef\u4fe1\u7684 2050 \u6de8\u96f6\u8def\u5f91\uff1b<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>\u516c\u53f8\u6cbb\u7406\u98a8\u96aa\u9ad8<\/b><span style=\"font-weight: 400;\">\uff0c\u7d50\u69cb\u4e0d\u900f\u660e\uff0c\u900f\u904e\u96c6\u5718\u5167\u90e8\u80a1\u5229\u652f\u4ed8\u63a9\u84cb\u73fe\u91d1\u6d41\u8d64\u5b57\uff1b<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>ESG \u8a55\u7b49\u6a5f\u5236\u5931\u9748<\/b><span style=\"font-weight: 400;\">\uff0c\u4e3b\u8981 ESG \u8a55\u7d1a\u6a5f\u69cb\u4f4e\u4f30\u751a\u81f3\u5ffd\u7565\u53f0\u5851\u6301\u7e8c\u4e14\u56b4\u91cd\u7684\u9055\u898f\u884c\u70ba\u3002\u5831\u544a\u6307\u51fa\uff0c\u9019\u4e9b\u8a55\u7b49\u5f80\u5f80\u4f9d\u8cf4\u516c\u53f8\u63d0\u51fa\u4e4b\u81ea\u6211\u63ed\u9732\uff0c\u800c\u975e\u5be6\u969b\u5f71\u97ff\u3002<\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400; color: #000000;\">\u5831\u544a\u4ea6\u6574\u7406\u4e86\u53d7\u53f0\u5851\u71df\u904b\u5f71\u97ff\u7684\u5177\u9ad4\u6848\u4f8b\uff0c\u7a81\u986f\u5176\u4f01\u696d\u884c\u70ba\u5c0d\u73fe\u5be6\u751f\u6d3b\u7684\u885d\u64ca\u3002<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>\u53f0\u5851\u53d7\u5bb3\u8005\u6b63\u7fa9\u6703\u5275\u8fa6\u4eba\u66a8\u526f\u767c\u8a00\u4eba\u88f4\u5357\u831c\uff08Nancy Bui\uff09<\/b><span style=\"font-weight: 400;\">\u8868\u793a\uff0c\u300c\u53f0\u5851\u8d8a\u5357\u74b0\u5883\u707d\u96e3\u767c\u751f\u81f3\u4eca\u5df2\u4e5d\u5e74\uff0c\u6578\u5343\u540d\u53d7\u5bb3\u8005\u4ecd\u5728\u7b49\u5f85\u6b63\u7fa9\u3002\u5118\u7ba1\u4eba\u5011\u7d93\u6b77\u75db\u82e6\u3001\u6d41\u96e2\u5931\u6240\u8207\u9577\u671f\u74b0\u5883\u7834\u58de\uff0c\u53f0\u5851\u8207\u8d8a\u5357\u653f\u5e9c\u4ecd\u62d2\u7d55\u627f\u64d4\u8cac\u4efb\uff0c\u4e26\u6253\u58d3\u52c7\u65bc\u767c\u8072\u7684\u4eba\u3002\u9019\u4e0d\u50c5\u662f\u554f\u8cac\u7684\u5931\u6557\uff0c\u66f4\u662f\u5c0d\u4eba\u6027\u5c0a\u56b4\u7684\u80cc\u53db\u3002\u300d<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>\u5f70\u5316\u74b0\u5883\u4fdd\u8b77\u806f\u76df\u7e3d\u5e79\u4e8b\u65bd\u6708\u82f1\u8868\u793a\uff0c<\/b><span style=\"font-weight: 400;\">\u300c\u516d\u8f15\u8a2d\u6709\u8fd1\u56db\u767e\u6839\u7159\u56ea\uff0c\u4e0d\u65b7\u6392\u653e\u6709\u6bd2\u6c61\u67d3\u7269\uff0c\u5f62\u6210\u539a\u91cd\u6c61\u67d3\u96f2\uff0c\u96a8\u5b63\u98a8\u98c4\u5411\u9130\u8fd1\u6751\u838a\u3002\u7814\u7a76\u5df2\u8b49\u5be6\uff0c\u7576\u5730\u5c45\u6c11\u9ad4\u5167\u91cd\u91d1\u5c6c\u8207\u6709\u5bb3\u7269\u8cea\u542b\u91cf\u504f\u9ad8\uff0c\u7f79\u764c\u7387\u4e5f\u660e\u986f\u4e0a\u5347\u3002\u4e8c\u5341\u591a\u5e74\u4f86\uff0c\u516d\u8f15\u7684\u71df\u904b\u6301\u7e8c\u56b4\u91cd\u5371\u5bb3\u5f70\u5316\u8207\u96f2\u6797\u6cbf\u6d77\u793e\u5340\u5c45\u6c11\u7684\u5065\u5eb7\u8207\u74b0\u5883\u6b0a\u5229\u3002\u300d<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">\u9019\u4efd\u5831\u544a\u4e5f\u63ed\u793a\u4e86 ESG \u91d1\u878d\u9ad4\u7cfb\u4e2d\u7684\u66f4\u6df1\u5c64\u7d50\u69cb\u6027\u7f3a\u9677\u3002\u5831\u544a\u5f37\u8abf\uff0c\u7576 ESG \u6295\u8cc7\u5efa\u69cb\u5728\u8584\u5f31\u7684\u57fa\u6e96\u8207\u4e0d\u5145\u5206\u7684\u76e1\u8077\u8abf\u67e5\u4e0a\u6642\uff0c\u5f80\u5f80\u7121\u6cd5\u771f\u6b63\u4fdd\u8b77\u4eba\u5011\u8207\u5730\u7403\u3002<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>\u74b0\u5883\u6b0a\u4fdd\u969c\u57fa\u91d1\u6703\u526f\u57f7\u884c\u9577\u8a31\u535a\u4efb<\/b><span style=\"font-weight: 400;\">\u8868\u793a\uff0c\u300c\u53f0\u5851\u770b\u4f3c\u8ca1\u52d9\u7a69\u5065\uff0c\u4f46\u5be6\u969b\u4e0a\uff0c\u5176\u591a\u9593\u5b50\u516c\u53f8\u767c\u653e\u7684\u80a1\u5229\u91d1\u984d\u9ad8\u65bc\u81ea\u7531\u73fe\u91d1\u6d41\u6240\u80fd\u8ca0\u64d4\u3002\u9019\u4e9b\u8cc7\u91d1\u5e38\u5728\u96c6\u5718\u5167\u90e8\u5faa\u74b0\uff0c\u900f\u904e\u8907\u96dc\u7684\u6301\u80a1\u67b6\u69cb\u865b\u589e\u5229\u6f64\uff0c\u63a9\u84cb\u6f5b\u85cf\u7684\u8ca1\u52d9\u554f\u984c\uff0c\u9019\u5c0d\u516c\u53f8\u6cbb\u7406\u8207\u9577\u671f\u6c38\u7e8c\u6027\u69cb\u6210\u56b4\u91cd\u7591\u616e\u3002\u300d<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">\u5831\u544a\u6700\u5f8c\u63d0\u51fa\u5c0d\u91d1\u878d\u6a5f\u69cb\u8207\u6295\u8cc7\u4eba\u3001\u53f0\u5851\u4f01\u696d\uff0c\u4ee5\u53ca ESG \u8207\u4fe1\u8a55\u6a5f\u69cb\u7684\u5177\u9ad4\u5efa\u8b70\uff0c\u547c\u7c72\u63d0\u5347\u900f\u660e\u5ea6\u3001\u5c0d\u9f4a\u570b\u969b\u6e96\u5247\uff0c\u4e26\u6392\u9664\u6301\u7e8c\u9020\u6210\u5371\u5bb3\u7684\u4f01\u696d\u3002<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>\u5a92\u9ad4\u806f\u7d61\u4eba\uff1a<\/b><span style=\"font-weight: 400;\">\u74b0\u5883\u6b0a\u4fdd\u969c\u57fa\u91d1\u6703 \u5b6b\u8208\u7444 <\/span><span style=\"font-weight: 400;\">hhsun@erf.org.tw<\/span><\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><span style=\"color: #000000;\"><b>\u3010<a href=\"https:\/\/refdev.tpcuwp.com\/fpg_esgreport\/\">\u4e2d\u6587\u5831\u544a\u4e0b\u8f09\uff1a<\/a><\/b><a href=\"https:\/\/refdev.tpcuwp.com\/fpg_esgreport\/\">https:\/\/refdev.tpcuwp.com\/fpg_esgreport\/<\/a>\u3011<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">A groundbreaking new report released today offers a comprehensive Environmental, Social, and Governance (ESG) analysis of Formosa Plastics Group (FPG), one of the world\u2019s largest petrochemical conglomerates. The report, <\/span><a style=\"color: #000000;\" href=\"https:\/\/foe.org\/resources\/sustainability-crisis-formosa-plastics\/\"><i><span style=\"font-weight: 400;\">Unchecked and Unaccountable: The Sustainability Crisis at Formosa Plastics Group<\/span><\/i><\/a><span style=\"font-weight: 400;\">, reveals systemic environmental violations and raises human rights concerns, posing urgent questions about the credibility of ESG investment frameworks.<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Published by the Environmental Rights Foundation and Friends of the Earth U.S., the report finds that FPG\u2014despite being included in over 40 ESG-labelled funds and receiving nearly US$2 billion in sustainability-linked loans\u2014is a \u201cserial offender\u201d with a long track record of environmental pollution, labour violations, and governance failures. These include the 2016 marine disaster in Vietnam, described as the country\u2019s worst industrial catastrophe, and the controversial Sunshine Project in Louisiana, condemned by UN experts as a case of environmental racism.<\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">\u201cThis report links Formosa Plastics\u2019 global impacts directly to international human rights and environmental norms,\u201d said <\/span><b>Hsin Hsuan Sun, Director of Corporate Accountability and International Affairs at Environmental Rights Foundation<\/b><span style=\"font-weight: 400;\">. \u201cIt exposes a company deeply misaligned with sustainability principles while benefitting from ESG-labelled capital.\u201d<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">\u201cFormosa Plastics Group sells itself to financiers with promises of sustainability, but its track record shows a consistent pattern of environmental violations, health risks, and governance failures,\u201d said <\/span><b>Zoe Reyes, Petrochemicals Researcher at Friends of the Earth U.S.<\/b><span style=\"font-weight: 400;\">. \u201cFrom Texas to Taiwan, FPG has shown itself to be a bad neighbour. If banks and investors want to show that they can be responsible, then they need to say no to Formosa Plastics Group.\u201d<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Key findings include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Environmental harms, labour violations, and alleged human rights abuses<\/b><span style=\"font-weight: 400;\"> across Vietnam, Taiwan, and the U.S., contravening standards under the UN Guiding Principles on Business and Human Rights, ILO conventions, and OECD Guidelines.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Climate misalignment,<\/b><span style=\"font-weight: 400;\"> with emissions from FPG\u2019s main companies surpassing those of 165 countries and showing no credible path to net-zero by 2050.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Governance risks,<\/b><span style=\"font-weight: 400;\"> including opaque ownership structures and cash flow deficits masked by intra-group dividend payments.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Failure of ESG benchmarks<\/b><span style=\"font-weight: 400;\">, with leading ESG ratings agencies understating or missing FPG\u2019s severe and ongoing violations. The report highlights how ratings often rely on self-reported policies rather than real-world impact.<\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400; color: #000000;\">The report also features cases affected by FPG\u2019s operations, bringing into sharp focus the real-world impact of the company\u2019s misconduct.<\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">\u201cNine years after the Formosa environmental disaster, thousands of victims are still waiting for justice. Despite the pain, displacement, and lasting environmental damage, Formosa and the Vietnamese government continue to deny responsibility while silencing those who speak out. This is not just a failure of accountability\u2014it is a betrayal of human dignity,\u201d<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b> \u2014 <\/b><b><i>Nancy Bui, Founder \/ VP of External Affairs, Justice for Formosa Victims<\/i><\/b><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">\u201cThe Sixth Naphtha Cracker Complex has nearly 400 chimneys that continuously emit toxic pollutants, forming thick clouds that drift with the monsoon winds into nearby villages. Studies have confirmed high levels of heavy metals and toxic substances in local residents, along with elevated cancer rates. After over 20 years of operation, the complex continues to seriously harm the health and environmental rights of communities in coastal Changhua and Yunlin.\u201d<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b> \u2014 <\/b><b><i>Shih Yue-Ying, Executive Director, Changhua Environmental Protection Union<\/i><\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">This case study of FPG reveals broader structural flaws in ESG finance. The report underscores how ESG-labelled investments can fail to protect people or the planet when underpinned by weak benchmarks and inadequate due diligence.<\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">\u201cFPG gives the appearance of financial strength, but in reality, several of its companies are paying out more in dividends than they generate in free cash flow. These payments are often recycled within the Group due to its complex ownership structure, artificially inflating reported profits and masking deeper financial weaknesses,\u201d said <\/span><b>Mark Hsu, Deputy CEO of Environmental Rights Foundation<\/b><span style=\"font-weight: 400;\">. \u201cThis raises serious concerns about corporate governance and long-term sustainability.\u201d<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">The report concludes with detailed recommendations for financial institutions and investors, Formosa Plastics Group, and ESG and credit ratings agencies, calling for greater transparency, alignment with international standards, and exclusion of companies with persistent harmful impacts.<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Media Contacts:<\/b><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">Hsin Hsuan Sun, Environmental Rights Foundation, <\/span><span style=\"font-weight: 400;\">hhsun@erf.org.tw<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">Erika Seiber, Friends of the Earth, <\/span><span style=\"font-weight: 400;\">eseiber@foe.org<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/span><\/p>\n<p><strong><span style=\"color: #000000; font-size: 14pt;\">\u3010<a href=\"https:\/\/foe.org\/resources\/sustainability-crisis-formosa-plastics\/\">Download: https:\/\/foe.org\/resources\/sustainability-crisis-formosa-plastics\/<\/a>\u3011<\/span><\/strong>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] \u74b0\u5883\u6b0a\u4fdd\u969c\u57fa\u91d1\u6703\u8207\u7f8e\u570b\u5730\u7403\u4e4b\u53cb\uff08Fri [&hellip;]<\/p>","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,38],"tags":[],"class_list":["post-54852","post","type-post","status-publish","format-standard","hentry","category-news","category-release"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/testodeverf.tpcuwp.com\/en\/wp-json\/wp\/v2\/posts\/54852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/testodeverf.tpcuwp.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testodeverf.tpcuwp.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testodeverf.tpcuwp.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/testodeverf.tpcuwp.com\/en\/wp-json\/wp\/v2\/comments?post=54852"}],"version-history":[{"count":0,"href":"https:\/\/testodeverf.tpcuwp.com\/en\/wp-json\/wp\/v2\/posts\/54852\/revisions"}],"wp:attachment":[{"href":"https:\/\/testodeverf.tpcuwp.com\/en\/wp-json\/wp\/v2\/media?parent=54852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testodeverf.tpcuwp.com\/en\/wp-json\/wp\/v2\/categories?post=54852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testodeverf.tpcuwp.com\/en\/wp-json\/wp\/v2\/tags?post=54852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}