Far Eastern New Century

Far Eastern New Century (FENC), headquartered in TW and operating in the Textiles (17) industry, reported approximately 15.99 billion kg CO2e in total emissions for 2024. This figure encompasses Scope 1, Scope 2 (market-based), and Scope 3 emissions.

In 2024, FENC's Scope 1 emissions were approximately 934 million kg CO2e, and Scope 2 emissions (market-based) totalled around 664 million kg CO2e. Scope 3 emissions were significantly higher, reaching approximately 11.29 billion kg CO2e. Key contributors to its Scope 3 emissions include purchased goods and services (approximately 6.75 billion kg CO2e), processing of sold products (approximately 2.87 billion kg CO2e), and end-of-life treatment of sold products (approximately 402 million kg CO2e).

FENC has established greenhouse gas reduction targets for its production business based on a 2020 baseline. These include a commitment to a 30% reduction in Scopes 1 and 2 emissions by 2025, and a 50% reduction by 2030, with the ultimate goal of achieving net-zero emissions by 2050. Furthermore, FENC has committed to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2022 base year, and also commits to reducing absolute Scope 3 GHG emissions by 42% within the same timeframe. The company also aims to reduce energy consumption per unit of production by 20% by 2030 from its 2020 baseline. FENC has also committed to achieving peak Scope 1 and 2 GHG emissions by 2029.