Since 2014, Fwusow Industry Co. Ltd. (Fwusow Industry) continues to issue corporate social responsibility, CSR, report. This annual report discloses the actions that Fwusow Industry had taken and the outcomes and the performances with regards to economics, food safety, environment, society, and employee care of the prior year.
The 2019 report is the sixth CSR report issued by Fwusow Industry which include these five main topics: “Centenary Fwusow Industry Create Goodness in Food and Agriculture”, “Ensure Food Safety Connect the World”, “Circular Agriculture with Sustainable Environment”, “Charity Involvement and Social Prosperity”, and “Business Diversification and Happy Corporation”. Through the relevant data and issue analyses presented in this report, the general public and the stakeholders would understand the efforts and outcomes that were put forth in our corporate social responsibility. At the same time, this CSR report can be downloaded from our CSR website. We hope through the CSR disclosures that the general public can witness our commitment and determination to create a sustainable business and do our part in building a prosperous society.
Report Data and Period
This report details Fwusow Industry CSR performance for the 2019 calendar year (January 1, 2019 to December 31, 2019). Financial disclosures are in accordance with the International Financial Reporting Standards, IFRSs. The ﬁnancial data in this report attested by an accounting firm, Solomon & Co., CPAs. Fwusow Industry, subsidiaries, Fwusow Hsin Industry known as Fwusow Hsin and Charming Food as Charming Food, have been incorporated into this report for the sustainable performance disclosures and there were no significant changes during this reporting period nor affect the content. All the relevant data reported in this 2019 CSR report followed the international standard guidelines, and if there were any estimation, it would be noted accordingly in the related sections.
(1) Edit and Compile
This CSR report is a collaborative work of the CSR committee members from the general manager office, finance department, secretary office, management department, human resource department, sourcing department, research and development department, production groups, and the employees from Fwusow Hsin and Charming Food. Each year, we will send our members to attend related corporate social responsibility courses and seminars to enhance their awareness and concepts in this area in hope to compile a report that meets the international standard. After the completion of the initial draft, CSR team leaders further reviewed and finalized the draft to be published and presented to the Board of Directors.
(2) Guidelines and Structure for the Report
This report is published in accordance with the standards set forth in Global Reporting Initiative (GRI): the core options of GRI Standards; in addition, the Food Processing Sector Supplement and Taiwan Stock Exchange Corporation Rules Governing the Preparation and Filing of Corporate Social Responsibility reports were used to structure and serve as the guidelines for this publication.
Third Party Limited Assurance / Certification
We engaged KPMG Taiwan in limited assurance to draft this report in accordance with the Republic of China Standard on Assurance Engagements Bulletin No. 1 Assurance Engagement Other than Audits or Reviews of Historical Financial Information. Please refer to appendix for the Limited Assurance Report.
Previous issue released: June 2019
Current issue released: June 2020
Next issue to be released: June 2021
Fwusow Industry releases annual CSR report and uploads the report on the company CSR website for any interested stakeholders to obtain further information and download.
The contents of this English CSR report were translated directly from our Chinese CSR report. If there are any conflicts between the English version and the Chinese version or any discrepancy in the interpretation of the two versions, the Chinese version shall prevail.
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Address: No.45, Sha-Tian Road, Shalu District, Taichung City
Tel: (04)2636-2111 ext. 210