Far Eastern New Century

Far Eastern New Century, a Taiwanese textiles company, reported its Scope 1 emissions as 325,906,000 kg CO2e and Scope 2 emissions as 130,366,000 kg CO2e in 2025. In 2024, their Scope 1 emissions were 419,787,000 kg CO2e and Scope 2 emissions were 174,125,000 kg CO2e. For 2023, the company disclosed Scope 1 emissions of 1,016,000,000 kg CO2e, Scope 2 market-based emissions of 806,000,000 kg CO2e, and Scope 3 emissions of 11,531,000,000 kg CO2e. This includes approximately 7.297 billion kg CO2e from purchased goods and services, and about 2.809 billion kg CO2e from the processing of sold products.

Far Eastern New Century has set several climate commitments. Approved by the Board of Directors in 2022, the company aims for a 30% reduction in Scope 1 and 2 greenhouse gas emissions by 2025, and a 50% reduction by 2030, both from a 2020 baseline. Their ultimate goal is to achieve net-zero emissions by 2050. They also aim to reduce energy consumption per unit of production by 20% by 2030, also from a 2020 baseline. The company has officially established a GHG emission target in 2025 with a commitment to achieve peak Scope 1 and 2 GHG emissions by 2029.

Far Eastern New Century has Science Based Targets initiative (SBTi) commitments. They commit to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2022 base year. Additionally, they commit to reducing 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 is committed to net-zero, with a long-term goal for all scopes by 2050.