Far Eastern International Leasing Corp. Sustainability Profile
Far Eastern International Leasing Corp. (FEIL) is a prominent player in the leasing industry, headquartered in Taiwan (TW). Established in 1990, the company has expanded its operations across major regions in Asia, providing innovative financial solutions tailored to diverse sectors. FEIL specialises in equipment leasing, financial leasing, and asset management, distinguishing itself through its customer-centric approach and flexible financing options. With a strong market presence, the company has achieved significant milestones, including a robust portfolio that supports businesses in enhancing their operational efficiency. Recognised for its commitment to excellence, Far Eastern International Leasing Corp. continues to solidify its position as a leader in the leasing market, offering unique products and services that cater to the evolving needs of its clients.
DitchCarbon Score
How does Far Eastern International Leasing Corp.'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 International Leasing Corp.'s score of 24 is lower than 66% 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 International Leasing Corp.'s reported carbon emissions
In 2022, Far Eastern International Leasing Corp. reported total carbon emissions of approximately 7,500 kg CO2e. This figure includes 7,200 kg CO2e from Scope 2 emissions, which primarily arise from purchased electricity, and 300 kg CO2e from Scope 3 emissions, covering indirect emissions in the value chain. Notably, the company reported no Scope 1 emissions, indicating no direct emissions from owned or controlled sources. Comparatively, in 2021, the total emissions were about 13,700 kg CO2e, with 8,600 kg CO2e from Scope 2 and 5,100 kg CO2e from Scope 3. This reflects a significant reduction in total emissions of approximately 6,200 kg CO2e from 2021 to 2022. In 2020, emissions were even higher at about 26,100 kg CO2e, with Scope 1 emissions at 10,400 kg CO2e and Scope 2 at 10,700 kg CO2e. Despite these reductions, Far Eastern International Leasing Corp. has not set specific reduction targets or climate pledges, nor does it appear to have cascaded data from any parent organization. The absence of formal commitments suggests a need for further climate action initiatives within the company. Overall, the trend indicates a positive movement towards lower emissions, aligning with broader industry efforts to mitigate climate impact.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 10,400 | - | - |
| Scope 2 | 10,700 | 0,000 | 0,000 |
| Scope 3 | 5,000 | 0,000 | 000 |
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Far Eastern International Leasing Corp.'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 International Leasing Corp. 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.
