Taiwan Environment Scientific Co., Ltd Awarded for Corporate Excellence at Asia Pacific Enterprise Awards 2022 Taiwan

SINGAPORE, Jan. 9, 2023 /PRNewswire/ — The Asia Pacific Enterprise Awards (APEA) 2022 Taiwan is pleased to honor 34 outstanding business leaders and enterprises for their commendable dedication toward spearheading Taiwan’s economic recovery and development. Presented by leading regional NGO Enterprise Asia, the APEA is the most reputable award recognition program recognizing entrepreneurial excellence across Asia. The APEA aims to congregate exemplary business leaders and enterprises across Asia into one unparalleled platform for fostering the continuity of sustainable entrepreneurial growth in Asian economies.

With a deep passion for the soil and groundwater remediation market and sustainable business practices, Taiwan Environment Scientific Co., Ltd (TESC) is an exemplary company that was presented with the Corporate Excellence Award at the APEA 2022 Taiwan.

Founded in 2003, TESC is the first and only TPEx-listed company specializing in soil and groundwater remediation in Taiwan. With over 100 employees, the company has established one TAF-certificated laboratory and three waste reuse treatment plants in Taiwan. Additionally, the company has established two subsidiaries in China.

To strengthen its competitive advantages, TESC offers a completed vertical integration of consulting, analysis and engineering to provide low-cost and high-quality services. To achieve sustainable growth, the company extends its businesses to air pollution control, wastewater reuse, waste treatment, environmental analysis, and ESG. Today, TESC is a comprehensive environment-focused company that can provide a "one-stop service" to its clients.

Consolidation, Responsibility, Diligence, and Customer-centric are the core values of TESC. Consolidating employees’ perspectives and linking with clients’ needs, TESC will ensure sustainable development that fits the evolving society. Internally, TESC shall take responsibility to cultivate their employees’ professions and provide safe working places. Externally, TESC shall continuously advance environmentally-friendly technologies to provide clients with optimal total solutions. Furthermore, TESC is committed to "being your best green partner."

In 2022, TESC enjoyed explosive business growth with revenue of approximately USD100 million. The compound annual growth rate from 2018 to 2022 reached 65%. In 2021, the biggest brownfield project in Taiwan, which is CPC Kaohsiung refinery soil and groundwater remediation, was initiated. TESC won the project of Zone 3-1 with a contaminated area of 12.5 acres and 210,000 cubic meters.

The company removed the contaminated soil and delisted the contaminated control in less than 10 months. After remediation, this site will be used as foundry land, thereby creating thousands of job opportunities. During the past 5 years, the company also constructed five wastewater reuse plants of government public construction projects with a treating capacity of 250,000 CMD as well as improving the river quality and water resource utilization. Besides that, TESC also acquired three waste treatment plants with a treating capacity of 120,000 tons per year to promote the sustainable use of resources.

The company firmly believes that talent is the most important intangible asset of TESC. In addition to providing employees with professional training to strengthen technical capabilities, it actively helps employees make long-term career plans. The company also offers a cultivation system with great promotion opportunities and superior employee benefits to retain talents.

From waste pre-treatment to RDF fuel production to power generation, TESC has already drawn up a roadmap outlining the strategic plan to expand the green energy market. Furthermore, soil and groundwater remediation markets are fast-growing in Southeast Asia and China. TESC will take advantage of its superior and innovative technologies to enter these high-potential markets. In the long run, TESC is committed to being a leading comprehensive environmental company in Asia.

About Enterprise Asia

Enterprise Asia is a non-governmental organization in the pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development. Please visit www.enterpriseasia.org for more information.

About Asia Pacific Enterprise Awards

With a presence across 16 countries and markets, the Asia Pacific Enterprise Awards is the region’s most prestigious award recognition program for outstanding entrepreneurship, continuous motivation, and sustainable leadership. For more information, visit www.apea.asia.

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