Chi Mei Sustainability Profile
Chi Mei Corporation, often referred to simply as Chi Mei, is a prominent player in the global chemical industry, headquartered in Tainan, Taiwan (TW). Founded in 1960, the company has established itself as a leader in the production of high-quality plastics and specialty chemicals, serving diverse sectors such as electronics, automotive, and consumer goods. With a strong focus on innovation, Chi Mei offers a range of core products, including acrylonitrile butadiene styrene (ABS) resins and polycarbonate materials, known for their durability and versatility. The company has achieved significant milestones, including expanding its operational footprint across Asia, Europe, and North America, solidifying its market position as a trusted supplier. Chi Mei's commitment to sustainability and advanced technology has garnered recognition within the industry, making it a preferred choice for manufacturers seeking reliable and eco-friendly solutions.
DitchCarbon Score
How does Chi Mei'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.
Industry Average
Mean score of companies in the Chemicals 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.
Industry Benchmark
Chi Mei's score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chi Mei's reported carbon emissions
In 2023, Chi Mei Corporation reported significant carbon emissions, totalling approximately 8,929,974 kg CO2e for Scope 1 and 8,929,974 kg CO2e for Scope 2, while Scope 3 emissions reached about 16,123,404,980 kg CO2e. This data reflects a comprehensive disclosure of emissions across all three scopes, indicating a robust approach to carbon accounting. Chi Mei has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions within the same timeframe. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction for Scope 3 emissions. Furthermore, Chi Mei is committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2050, also based on 2021 levels. These targets align with the Science Based Targets initiative (SBTi) and demonstrate Chi Mei's commitment to addressing climate change effectively.
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| 2018 | 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 267,281,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 354,717,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Chi Mei's Industry?
How Carbon Intensive is Chi Mei's Location?
Chi Mei's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Chi Mei has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
China Petroleum & Chemical Corporation
Frequently Asked Questions
Common questions about Chi Mei's sustainability data and climate commitments