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 3,466,430 kg CO2e. This total comprises Scope 1 emissions of about 237,340 kg CO2e, Scope 2 emissions (location-based) of approximately 3,229,090 kg CO2e, and significant Scope 3 emissions amounting to about 71,497,310 kg CO2e. The Scope 3 emissions include categories such as purchased goods and services (approximately 70,321,130 kg CO2e) and employee commute (about 484,970 kg CO2e). In 2022, Favite, Inc. recorded total emissions of approximately 3,430,550 kg CO2e, with Scope 1 emissions at about 238,790 kg CO2e, Scope 2 emissions (location-based) at approximately 3,191,760 kg CO2e, and Scope 3 emissions of 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 company does not appear to inherit emissions data from a parent organisation, indicating that their reported figures are independently sourced. Overall, while Favite, Inc. has made strides in emissions reporting, further transparency regarding reduction strategies and commitments would enhance their climate accountability.
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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.
