Far Eastern Department Stores, Ltd. Sustainability Profile
Far Eastern Department Stores, Ltd. (often referred to as FEDS) is a prominent retail enterprise headquartered in Taiwan (TW). Established in 1980, the company has grown to become a key player in the department store industry, primarily operating across major urban regions in Taiwan. FEDS offers a diverse range of products, including fashion apparel, cosmetics, home goods, and electronics, distinguished by its commitment to quality and customer service. The company has achieved notable milestones, such as expanding its footprint with multiple branches and enhancing its online shopping experience. With a strong market position, Far Eastern Department Stores is recognised for its innovative retail strategies and dedication to sustainability, making it a preferred shopping destination for consumers seeking a comprehensive retail experience.
DitchCarbon Score
How does Far Eastern Department Stores, Ltd.'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 Retail Trade 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.
Industry Benchmark
Far Eastern Department Stores, Ltd.'s score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Far Eastern Department Stores, Ltd.'s reported carbon emissions
In 2022, Far Eastern Department Stores, Ltd. reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 and 282,600 kg CO2e from Scope 2 emissions. This marked a significant reduction from 2021, where Scope 1 emissions alone were reported at 533,000,000 kg CO2e. The company has set ambitious reduction targets, aiming for a 35% decrease in both Scope 1 and Scope 2 emissions by 2030, relative to 2013 levels. The emissions data indicates a commitment to transparency and accountability in their climate strategy, although no Scope 3 emissions data has been disclosed. The reduction targets reflect a proactive approach to mitigating climate impact, aligning with industry standards for sustainability. Far Eastern Department Stores, Ltd. continues to focus on enhancing its environmental performance as part of its corporate responsibility initiatives.
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| 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 105,004,000 | 000,000,000 | 000,000,000 | 0,000,000 | 000,000,000 | 000,000 |
| Scope 2 | 5,723,000 | 0,000,000 | 0,000,000 | 000,000,000 | - | 000,000 |
| Scope 3 | - | - | - | 000,000,000 | - | - |
How Carbon Intensive is Far Eastern Department Stores, Ltd.'s Industry?
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Far Eastern Department Stores, Ltd.'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.
Far Eastern Department Stores, Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
