Favite, Inc. Sustainability Profile
Favite, Inc., a leading player in the technology sector, is headquartered in Taiwan (TW) and operates extensively across Asia and beyond. Founded in 2010, the company has established itself as a pioneer in providing innovative solutions in the fields of cloud computing and data management. Favite's core offerings include advanced cloud services and data analytics tools, designed to enhance operational efficiency for businesses of all sizes. What sets Favite apart is its commitment to customisation and scalability, ensuring that clients receive tailored solutions that meet their unique needs. With a strong market position, Favite has garnered recognition for its cutting-edge technology and exceptional customer service, making it a trusted partner for enterprises looking to leverage digital transformation.
DitchCarbon Score
How does Favite, Inc.'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 Machinery and Equipment 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
Favite, Inc.'s score of 12 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Favite, Inc.'s reported carbon emissions
In 2023, Favite, Inc., headquartered in Taiwan (TW), reported total carbon emissions of approximately 34,664,30 kg CO2e. This figure includes 237,340 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 3,229,090 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company reported significant Scope 3 emissions of about 71,497,310 kg CO2e, which encompass a range of indirect emissions, including 39,810 kg CO2e from business travel and 484,970 kg CO2e from employee commuting. In comparison, in 2022, Favite, Inc. recorded total emissions of approximately 3,430,550 kg CO2e in Taiwan, with Scope 1 emissions at 238,790 kg CO2e and Scope 2 emissions at 3,191,760 kg CO2e. The Scope 3 emissions for that year were significantly lower, at around 642,700 kg CO2e. Despite these figures, Favite, Inc. has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates that the company has not yet established formalised goals for reducing its carbon footprint. Overall, while Favite, Inc. has made strides in measuring its emissions across various scopes, further commitments and reduction strategies will be essential for enhancing its climate impact and sustainability profile.
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Favite, Inc.'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.
Favite, Inc. 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.
