Far Eastern New Century
Far Eastern New Century Corporation (FENC), headquartered in Taiwan (TW), is a leading player in the textile and petrochemical industries. Founded in 1954, FENC has established a strong presence across Asia, with significant operations in China and Southeast Asia. The company is renowned for its innovative production of polyester and nylon products, as well as its commitment to sustainability through recycling initiatives. FENC's core offerings include high-performance fibres, functional textiles, and eco-friendly materials, setting it apart in a competitive market. With a focus on research and development, the company has achieved notable milestones, including advancements in biodegradable materials. As a key supplier to global brands, Far Eastern New Century continues to strengthen its market position, recognised for its quality and environmental stewardship.
DitchCarbon Score
How does Far Eastern New Century'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 Textile Manufacturing 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 New Century's score of 39 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Far Eastern New Century's reported carbon emissions
In 2023, Far Eastern New Century Corporation (FENC) reported a total of approximately 1,822,000 kg CO2e in Scope 1 and 2 emissions, achieving a significant reduction of 25% from the 2020 baseline. The company has set ambitious targets to further decrease its greenhouse gas emissions, committing to a 20% reduction by 2025 from the 2020 levels for both Scope 1 and 2 emissions. Looking ahead, FENC aims to reduce its absolute Scope 1 and 2 emissions by 42% by 2030, using 2022 as the baseline year. This commitment extends to Scope 3 emissions as well, reflecting a comprehensive approach to climate action. The company is aligned with the Science Based Targets initiative (SBTi), ensuring that its targets are consistent with the global goal of limiting temperature rise to 1.5°C. FENC's long-term strategy includes a commitment to achieve net-zero emissions across all scopes by 2050, demonstrating its dedication to sustainability and climate responsibility. The company continues to focus on reducing its carbon footprint while maintaining operational efficiency in the chemicals sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 1,272,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,160,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 |
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 New Century is participating in some 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.
