Far Eastern Group
Far Eastern Group, also known as FEG, is a prominent conglomerate headquartered in Taiwan (TW), with significant operations across Asia and beyond. Established in 1954, the company has evolved into a key player in various industries, including textiles, petrochemicals, telecommunications, and retail. FEG is renowned for its innovative core products and services, particularly in the production of synthetic fibres and advanced materials, which set it apart in the competitive landscape. The group has achieved notable milestones, such as expanding its market presence and diversifying its portfolio, solidifying its position as a leader in the Asian market. With a commitment to sustainability and technological advancement, Far Eastern Group continues to drive growth and excellence across its diverse business sectors.
DitchCarbon Score
How does Far Eastern Group'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 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.
Industry Benchmark
Far Eastern Group's score of 24 is higher than 68% 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 Group's reported carbon emissions
In 2023, Far Eastern Group reported total carbon emissions of approximately 1,592,707,000 kg CO2e, which includes about 662,523,000 kg CO2e from Scope 1 emissions and around 930,184,000 kg CO2e from Scope 2 emissions. This marks an increase from 2022, where total emissions were about 1,374,882,000 kg CO2e, with Scope 1 emissions at approximately 568,811,000 kg CO2e and Scope 2 emissions at about 806,071,000 kg CO2e. Despite the rise in emissions, there are currently no publicly disclosed reduction targets or climate pledges from Far Eastern Group. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other reduction commitments. As such, their climate strategy remains unclear within the context of industry standards for emissions reduction.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 568,811,000 | 000,000,000 |
| Scope 2 | 806,071,000 | 000,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
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.
Far Eastern Group is not participating in any of the initiatives that 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.
