Far Eastern New Century

Far Eastern New Century, a Taiwanese textiles company, reported its Scope 1 emissions as approximately 325.9 million kg CO2e and Scope 2 emissions as approximately 130.4 million kg CO2e in 2025. In 2024, its Scope 1 emissions were approximately 419.8 million kg CO2e and Scope 2 emissions were about 174.1 million kg CO2e. For 2023, the company disclosed Scope 1 emissions of approximately 1.016 billion kg CO2e, Scope 2 emissions of about 806 million kg CO2e (market-based), and Scope 3 emissions totalling approximately 11.531 billion kg CO2e.

Far Eastern New Century has committed to several climate targets. The company aims for net-zero emissions by 2050, based on a 2020 baseline. Near-term targets, approved by the Board of Directors in 2022, include a 30% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2025, and a 50% reduction by 2030, both from a 2020 baseline. Additionally, the company is investing an estimated NT$19.4 billion between 2022 and 2030 to achieve its 2030 GHG reduction targets.

Far Eastern New Century also has Science Based Targets initiative (SBTi) approved targets. It has committed to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2022 base year. Concurrently, the company aims to reduce absolute Scope 3 GHG emissions by 42% within the same timeframe. These targets are classified as consistent with reductions required to keep warming to 1.5°C. The company has also committed to achieving peak Scope 1 and 2 GHG emissions by 2029.