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2023-12-16 16:00
Taiwan Power Company

Purchasing Recycled and Regenerated Knitted Socks to Support Social Welfare and Environmental Friendliness: Taipower Wins Buying Power Award for 5th Consecutive Year

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Taipower Wins Buying Power Award for 5th Consecutive Year
In response to the demand for souvenirs at general shareholders meetings, Taipower collaborated with social welfare organizations this year to procure MIT knitted socks made from recycled PET bottles. Yesterday (December 15), this initiative was awarded first prize in the 2023 Buying Power - Social Innovation Products and Services Procurement Award by the Ministry of Economic Affairs, marking the fifth consecutive year that Taipower has received this award; moreover, Taipower was the only state-owned enterprise to win. Taipower stated that, in addition to ensuring a stable power supply, it will continue to collaborate with social welfare groups and social innovation organizations to support environmentally friendly products, thereby fulfilling its corporate social responsibility.
The 2023 Buying Power - Social Innovation Products and Services Procurement Award ceremony was held yesterday afternoon at Huashan 1914 Creative Park. Taipower Vice President Chih-Meng Tsai represented the company in receiving the award from Deputy Minister of Economic Affairs Cheng-Chi Chen, and was recognized alongside one hundred other well-known enterprises, organizations, and units. The Small and Medium Enterprise and Startup Administration, MOEA has hosted this award since 2017 to encourage private and public enterprises, organizations, and units to procure products and services from social innovation organizations. This helps social innovation organizations acquire resources and expand market opportunities while supporting products that are friendly to society and the environment.
Since 2019, Taipower has been honored with the Buying Power Award for 5 consecutive years. In 2019, it integrated performances by the Teenager Performing Arts League with environmental education promotion activities during its Environmental Month event. This year, in response to the demand for souvenirs at general shareholders meetings, the Company collaborated with Maria Social Welfare Foundation to procure environmentally friendly knitted socks; the socks were knitted by approximately 30 individuals with disabilities using yarn made from approximately 140,000 recycled PET bottles. As a result, Taipower won first prize in the procurement category.
Taipower expressed its gratitude for the award, which recognizes its concern for environmental, social, and corporate governance issues. The Company is committed to sustainable development and fulfilling its corporate social responsibility. It will continue to make a positive impact through responsible procurement, and collaborate with social welfare and social innovation organizations to contribute to society and the environment.

Spokesperson: Vice President Chih-Meng Tsai
Contact Number: (02)2366-6271/0958-749-333
E-mail: u910707@taipower.com.tw
Contact Person: Director Wei-Guang Huang, Secretariat Office
Contact Number: (02)2366-6300/0989-505-025
E-mail: u787263@taipower.com.tw