2016 CPC

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2015 Awards and Honors
Ranked 316 in the Fortune Global 500
Management Magazine Consumers' Ideal Gas Station Brand No. 1 for the 11th consecutive year
Next Magazine Top Service Awards: No. 1 Gas Station for the 10th consecutive year
Reader's Digest Trusted Brand Platinum Award for the 15th consecutive year
Taiwan Corporate Sustainability Awards (TCSA): Growth through Innovation Award
Taiwan Corporate Sustainability Awards (TCSA): Creativity in Communication Award
Taiwan Corporate Sustainability Awards (TCSA): Social Inclusion Award
Taiwan Corporate Sustainability Awards (TCSA): Top 50 Corporate Sustainability Report Award –
Gold Award in the Energy Sector
Taking the lead in economic development
while ful lling CSR commitments
Over the years, CPC has in large measure fulfilled its mandate
to maintain stability in Taiwan's supply of petroleum products
and to stimulate development in the petrochemical industry.
In doing so, the company has helped the country to sustain
vigorous economic growth and its people to enjoy prosperity
- accomplishments for which it has won praises from all
corners of society. Faced with the full-scale deregulation of
Taiwan's market for petroleum products in recent years, CPC
has moved to consolidate its operating advantages and
enhance its competitive strengths – not only by embracing
organizational re-engineering, streamlining its functions and
moving towards a corporatized operational model, but also
by carrying out production-cost reductions and pursuing
maximum profitability. At the same time, CPC has proactively
sought opportunities to cooperate with major international
oil companies in upstream exploration and production,
petrochemicals development and marketing channel ventures
– all with the aim of widening its business scope, expanding
its presence in international markets and progressing towards
the end goal of corporate sustainability. In this way, CPC
aims to become an integrated international energy group
encompassing oil and gas exploration and production, as well
as petrochemicals and high-tech operations; while continuing
to provide the people of Taiwan with energy-related products
and services that combine high efficiency with high quality.
As a state-owned enterprise, CPC will continue to fulfill its
corporate social responsibility commitments as a dutiful
member of society even as it pursues profitability. While
consistently working at improving the quality of its petroleum
products over the course of many years, CPC has also done
its share in environmental protection by bringing in natural
gas in the form of LNG and promoting it as a source of clean
energy. With equal consistency, the Company has – without
regard to costs, taken its public service missions even further
by ensuring that military forces and civilians living in Taiwan's
remote areas and offshore islands get the fuel and other
energy products they need.
At the same time, the Company has been conscientiously
active in areas of social concern – promoting public
awareness of the petroleum industry, educating people in
the safe use of gasoline and natural gas, organizing health
and safety workshops, and providing leadership to other
businesses in strengthening the culture of industrial safety.
In terms of community involvement, CPC has supported
disadvantaged groups, participated in social-welfare
activities, funded arts and cultural initiatives, and sponsored
professional athletes; its role in public service also includes
implementing environmental protection measures around its
plants, supporting economic and social development in local
communities around its industrial plants and exploration sites,
encouraging ecological conservation, fostering local culture,
and promoting environmental education. All of these activities
are in keeping with the 21st - century trend toward corporate
sustainability, and they demonstrate CPC's emphasis on
balancing economic growth, environmental protection, and
social welfare.
CPC initiated the following sustainability-oriented policies at the
end of 2003 in order to keep up with global trends and march
in sync with global movements on environmental protection:
• Compliance with government regulations and international
agreements
• Full-scale clean production and protection of the environment
• Conservation of water and energy through efficient utilization
of resources
• Emphasis on corporate social responsibility and the
expansion of services
• Establishment of key environmental indicators and the
practice of transparency in information disclosure
• Active commitment to R&D for creating new business
opportunities
CPC joined the World Business Council for Sustainable
Development (WBCSD) in 2006, and is pursuing sustainability
in the four areas of environment and conservation, policy and
R&D, social consciousness, and environmental accounting
and information. CPC also published its "Sustainable
Development Reports" in 2007, 2009, 2011, 2013, 2014, and
2015 in fulfillment of its responsibility for the disclosure of
corporate information.
At a time when global warming and climate change are
becoming increasingly evident, CPC will reliably fulfill its
role as Taiwan's principal domestic producer and supplier
of clean energy; we will spare no effort to create a mutually
beneficial outcome among the three aspects of that role
– environmental protection, economic development, and
social responsibility.
Sustainable Development 5