PCSC Sustainability Development

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Participation In Global Initiatives

  • Zero Hunger
    1. The low-carbon rice planting area in 2023 covered 120 hectares, which was used to produce 240,000 kilograms of fresh food products
    2. Good Neighbor Meal Delivery Team provided approximately 42,000 meals to people with fewer resources
  • Good Health and Well-Being
    1. Invested NT$128,290 thousand in food safety management
    2. Passed the annual follow up of ISO 45001 Occupational Safety and Health Management System with “zero defect”
    3. The frequency severity indicator was 0.17, lower than the retail industry’s average rate of 0.35 in the past three years (2020-2022) according to the Occupational Safety and Health Administration, Ministry of Labor
    4. What Time Is It? Café Project was relaunched after the pandemic in 2023, serving a total of 979 people
    5. Organized a total of 1,527 Good Neighbor Health Funfest (including blood donation and blood pressure measurement) with over 90,000 participants
  • Quality Education
    1. A total of over 290,000 people took advantage of the Sustainable DIY materials
    2. Encouraged more than 8,000 children to improve their reading skills with point collection as incentive, with over 200,000 books read
  • Decent Work and Economic Growth
    1. The consolidated revenue hit record high at NT$317,041,854 thousand, with NT$12,661,131 thousand in net profits that exceed the record of the previous year
    2. President Chain Store Corporation was once again ranked in the top 5% in the 9th Taiwan Corporate Governance Evaluation System as the only listed company in the retail industry to do so for the ninth year running
    3. Exceeding 6,800 stores with the biggest market share (a total of 6,859 stores)
    4. Invested NT$169,245 thousand in research and development
    5. OPENPOINT members reaching 17 million people
    6. Female managers in revenue generating functions (including store managers, regional consultants, regional managers, head of the Operations Department) account for 56.04%
  • Sustainable Cities and Communities
    1. The Youth Deep Roots Program has worked on a total of 33 projects with youth organizations
  • Responsible Consumption and Production
    1. The purchase amount of sustainably-certified raw materials reached NT$5,023 million (Note), taking up 24.47%
    2. ISO45001 incorporated for 80% of suppliers of private-label food products, and the campaign for the importance of sustainability was done for 95.83% of non tier-1 suppliers
    3. In 2023, “iLove Food” program reduced food loss and waste by 13,723.31metric tonnes
    (Note) This includes the amount for sustainable procurement with international and local certifications.
  • Climate Action
    1. The EUI of the stores in 2023 was reduced by 0.81% compared with 2022
  • Life on Land
    1. The procurement amount for FSC-certified raw materials in 2023 was NT$296,736 thousand.

 

Sustainability Taxonomy

The EU Taxonomy Regulation is a classification system designed by the European Union to formulate a list of economic activities that are environmentally sustainable. Taiwan’s Financial Supervisory Commission is drafting its own version of Taxonomy Regulation based on industrial development and the regulatory system, as well as referring to the EU version. President Chain Store Corporation voluntarily follows the EU Taxonomy Regulation to take stock of relevant operations and financial data (revenue, capital expenditure, operational expenditure), as well as explaining how it complies with the EU Taxonomy Regulation in response to international initiatives.


Unit:NT$1,000,000

EU sustainable taxonomy 2023 Revenue 2023 Capital Expenditure 2023 Operational Expenditure
Amount Percentage Amount Percentage Amount Percentage
Taxonomy-Eligible 9,299 4.70% 2,218 31.02% 40 0.07%
not Taxonomy Eligible 188,364 95.30% 4,932 68.98% 60,002 99.93%
EU sustainable taxonomy Operational items Description 2023 Revenue 2023 Capital Expenditure 2023 Operational Expenditure
Amount Percentage Amount Percentage Amount Percentage
Freight transport services by road Collaborate with PackAge+/Gamania RE-BAG recycling shipping bags to promote recycling services at the packaging material recycling station Connect the one-stop shipping/receiving/recycling processes with the help of high-tech logistics. Besides solving the pain points of sparse recycling stations and time-consuming and laborious manual recycling, the initiative reduced the amount of packaging materials by 0.0193 metric tonnes, which is vital for the circular economy transition (through material recycling and reuse). 9,228 4.67% - - - -
Installation, maintenance and repair of Renewable energy equipment Electric vehicle charging piles, electric motorcycle battery swapping stations in the stores The President Chain Store Corporation Yawan stores collaborates with Taiwan Cement to become the first convenience store in Taiwan to introduce green energy and energy storage as an uninterruptible power supply (UPS). In 2023, a total of 3,082 kWh of green electricity was generated, reducing emissions by approximately 1.523 metric tonnes of CO2e. In addition, President Chain Store Corporation actively launched charging pile services in the stores through collaboration with charging service providers to make convenient and popular electric vehicle charging services a reality. In 2023, a total of 216,678 kWh of electricity to electric vehicles was provided, reducing carbon emissions by approximately 137.092 tonnes of CO2e. 10 0.005% - - - -
Composting of bio waste “Sustainable Farm” recycling program After the contracted crops are harvested, they are used in side dishes for fresh food products or sold as fresh produce in the stores.About 1 metric tonne of coffee grounds and 4 metric tonnes of food waste were recycled and converted into fertilizer for contracted fields, producing approximately 200,000 bananas, 10,000 ears of corn and 24,000 heads of cabbage for boxed meals, contributing to circular economy transition (material recycling and reuse). 62 0.03% - - 0.39 0.001%
Creative, arts and entertainment activities Organize activities to promote issues related to climate change transition President Chain Store Corporations organizes creative, artistic and entertainment ESG activities, actively participates in forums, expos and other activities to support and respond to initiatives from international organizations or government programs and policies with franchisees, employees, governments, media, NPOs, public associations, customers, communities and suppliers. In 2023, we participated in SDG Asia, CommonWealth Magazine’s SDGs International Forum, Kaohsiung Sustainable City Forum and Sustainable Taipei Circular City Summit, Business Today’s Green Life Festival, United Daily News’ 500 Times Party and other events with government cooperation and media initiatives. The Good Neighbor Foundation engaged in innovative social welfare fundraising actions through the Youth Deep Roots Project and 7-ELEVEN’s Bring Back the Love to reach more than 23 million people online and offline throughout the year. - - - - 16 0.03%
Education Organize educational activities to promote issues related to climate change transition President Chain Store Corporation joins hands with the government, NPOs and public associations to promote the topics of “food and agriculture education, traceability, carbon reduction and food conservation. It also works with the Good Neighbor Foundation to promote the “Reading Encouragement Program” to fill the gap of insufficient teaching materials and improve children’s motivation to read. Moreover, education on topics such as “food waste management, circular economy, low carbon products or services, sustainable consumption and sustainable certification” is arranged through the “Sustainable Industry-Academia Collaboration Project.” - - - - 23 0.04%
Renovation of existing buildings Remodel stores purchase smart green energy equipment The stores’ roof chooses insulating building materials, installs turbine ventilators, and is equipped with energy-saving fans, inverter air conditioners, etc. to save energy. The diversity of eco friendly practices reduced average consumption per store in 2023 by 15,047 kWh compared with 2022 (a total reduction of 6,635,581 kWh in the year), contributing to climate change mitigation by improving building energy efficiency. - - 2,047 28.64% - -
Installation, maintenance and repair of energy efficiency equipment Store energy-saving equipment renovation President Chain Store Corporation contributes to climate change mitigation by improving build energy efficiency. Patented 9-level acrylic signboards with LED lamps from Japan have been introduced to reduce the range of lighting, saving more than 40% of electricity consumption for signboards each year. It is equipped with a GPS photosensitive monitoring system to adapt based on illumination, time and even the season. The color temperature can be remotely controlled through the store manager’s mobile app to further monitor the store’s power consumption. - - 170 2.38% - -
Total amount 9,299 2,218 40

Scope:Parent company only financial statements