Formitex Group
Formitex Group, headquartered in Brazil, is a leading player in the textile industry, specialising in innovative solutions for the fashion and home décor sectors. Founded in 1995, the company has established a strong presence across South America, with a commitment to quality and sustainability that sets it apart from competitors. The core offerings of Formitex Group include a diverse range of fabrics and textile products, renowned for their durability and aesthetic appeal. With a focus on eco-friendly practices, the company has achieved significant milestones, including certifications that underscore its dedication to sustainable manufacturing. Recognised for its market leadership, Formitex Group continues to expand its influence, leveraging cutting-edge technology and design to meet the evolving needs of its clients. This commitment to excellence has solidified its reputation as a trusted partner in the textile industry.
DitchCarbon Score
How does Formitex Group'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 Business Services 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
Formitex Group's score of 6 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Formitex Group's reported carbon emissions
In 2022, Formitex Group reported total carbon emissions of approximately 8,529,794 kg CO2e, a reduction from about 9,351,820 kg CO2e in 2021. The emissions primarily stem from Scope 1 sources, with stationary combustion accounting for about 7,035,960 kg CO2e in 2022, down from approximately 7,972,888 kg CO2e in 2021. Other significant contributors include mobile combustion, which emitted about 159,400 kg CO2e in 2022, and fugitive emissions at approximately 23,170 kg CO2e. Despite these reductions, Formitex Group has not publicly disclosed specific reduction targets or climate pledges. The company continues to focus on minimising its carbon footprint through operational efficiencies and sustainable practices. As a leading entity in its industry, Formitex Group's commitment to reducing emissions aligns with broader climate action goals, although further transparency regarding future targets would enhance its climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 8,151,508 | 0,000,000 |
| Scope 2 | - | - |
| Scope 3 | - | - |
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.
Formitex Group is not committed to any reduction initiatives 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.
