Formosa Advanced Technologies
Formosa Advanced Technologies Corp. (FATC), headquartered in Taiwan (TW), is a leading player in the semiconductor industry, specialising in advanced packaging and testing services. Founded in 2000, the company has established a strong presence in key operational regions, including Asia and North America, and has achieved significant milestones in technology innovation. FATC offers a range of core services, including wafer-level packaging and system-in-package solutions, distinguished by their commitment to quality and precision. The company’s unique approach to advanced technology has positioned it as a trusted partner for major semiconductor manufacturers, contributing to its notable achievements in the market. With a focus on continuous improvement and customer satisfaction, Formosa Advanced Technologies remains at the forefront of the semiconductor sector, driving advancements that meet the evolving needs of the industry.
DitchCarbon Score
How does Formosa Advanced Technologies'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 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
Formosa Advanced Technologies's score of 34 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Formosa Advanced Technologies's reported carbon emissions
In 2023, Formosa Advanced Technologies, headquartered in Taiwan, reported total greenhouse gas emissions of approximately 111,015,420 kg CO2e from Scope 2, 987,860 kg CO2e from Scope 1, and 133,101,580 kg CO2e from Scope 3 emissions. This reflects a significant commitment to reducing their carbon footprint, particularly in light of their targets set under the Science Based Targets initiative (SBTi). The company has pledged to reduce absolute Scope 1 and 2 greenhouse gas emissions by 25% by 2030, using 2020 as the baseline year. Additionally, they aim to achieve a 12.3% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the global effort to limit temperature rise to well below 2°C, demonstrating Formosa Advanced Technologies' commitment to sustainable practices in the semiconductor industry. Over the years, emissions have shown fluctuations, with Scope 1 emissions decreasing from 7,391,780 kg CO2e in 2019 to 987,860 kg CO2e in 2023, while Scope 2 emissions have also seen a reduction from 130,240,570 kg CO2e in 2019 to 111,015,420 kg CO2e in 2023. However, Scope 3 emissions have remained relatively high, indicating an area for further improvement. Overall, Formosa Advanced Technologies is actively working towards its climate commitments, with a clear focus on reducing emissions across all scopes by 2030.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 7,391,780 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 130,240,570 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 137,632,350 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000.0 |
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.
Formosa Advanced Technologies is committed to some 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.
