Public Profile

Formosa Taffeta Co

Formosa Taffeta Co., Ltd., commonly referred to as Formosa Taffeta, is a leading manufacturer in the textile industry, headquartered in Taiwan (TW). Established in 1972, the company has built a strong reputation for producing high-quality fabrics, particularly in the areas of taffeta, nylon, and polyester. With operational facilities across Asia and a commitment to innovation, Formosa Taffeta has achieved significant milestones, including advancements in eco-friendly production processes. The company’s core offerings include a diverse range of textiles that cater to various sectors, including apparel, outdoor gear, and home furnishings. What sets Formosa Taffeta apart is its dedication to quality and sustainability, positioning it as a trusted partner in the global market. With a robust market presence, Formosa Taffeta continues to be recognised for its excellence and commitment to customer satisfaction.

DitchCarbon Score

How does Formosa Taffeta Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

33

Industry Average

Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

9

Industry Benchmark

Formosa Taffeta Co's score of 33 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Formosa Taffeta Co's reported carbon emissions

In 2023, Formosa Taffeta Co reported carbon emissions of approximately 162,000,000 kg CO2e, specifically from Scope 3 emissions related to purchased goods and services. This marks a continuation of their emissions reporting, with previous years showing significant emissions across all three scopes. For instance, in 2022, the company emitted about 2,693,000,000 kg CO2e, with Scope 1 emissions at approximately 268,000,000 kg CO2e and Scope 2 at about 267,000,000 kg CO2e. The company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect a broader industry context where many companies are still developing comprehensive climate strategies. Overall, while Formosa Taffeta Co has consistently reported high levels of carbon emissions, their current climate commitments and reduction strategies remain unclear.

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Add to project
20132014201520162017201820192020202120222023
Scope 1
277,365,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
-
Scope 2
170,914,000
000,000,000
000,000,000
00,000
00,000
00,000
000,000,000
00,000,000
000,000,000
000,000,000
-
Scope 3
-
-
000,000,000
00,000
00,000
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Formosa Taffeta Co's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Formosa Taffeta Co is headquartered in TW, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Formosa Taffeta Co is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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