Ditchcarbon
  • Contact
  1. Organizations
  2. Formosa Chemicals And Fibre
Public Profile
Chemicals
TW
updated 7 days ago

Formosa Chemicals And Fibre

Company website

Formosa Chemicals and Fibre Corporation (FCFC), headquartered in Taiwan (TW), is a leading player in the global chemicals and fibre industry. Established in 1978, the company has made significant strides in the production of a diverse range of chemical products, including petrochemicals, synthetic fibres, and plastics. With major operational regions across Asia and beyond, FCFC is renowned for its commitment to innovation and sustainability. The company’s core offerings, such as high-quality polyester and nylon fibres, are distinguished by their durability and versatility, catering to various applications in textiles and industrial sectors. Recognised for its market leadership, Formosa Chemicals and Fibre has achieved notable milestones, including advancements in eco-friendly production processes, solidifying its position as a responsible industry leader.

DitchCarbon Score

How does Formosa Chemicals And Fibre'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.

31

Industry Average

Mean score of companies in the Chemicals 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.

22

Industry Benchmark

Formosa Chemicals And Fibre's score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

Let us know if this data was useful to you

Formosa Chemicals And Fibre's reported carbon emissions

In 2023, Formosa Chemicals and Fibre Corporation (FCFC) reported significant carbon emissions, totalling approximately 5,143,026,000 kg CO2e for Scope 1, 3,016,074,000 kg CO2e for Scope 2, and 14,640,213,000 kg CO2e for Scope 3 emissions globally. In Taiwan, the company reported 24,000,547,000 kg CO2e for Scope 1 and 181,692,000 kg CO2e for Scope 2 emissions. FCFC has set ambitious climate commitments, aiming for carbon neutrality by 2050. In the near term, the company has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 22.5% by 2027, using 2018 as the base year. Additionally, it aims to reduce absolute Scope 3 emissions from purchased goods and services, fuel and energy-related activities, and investments by 7.6% by 2027, with a 2021 base year. These targets align with the Science Based Targets initiative (SBTi) and are classified as consistent with keeping global warming well below 2°C. FCFC's emissions data and reduction targets are self-reported, reflecting its commitment to transparency and accountability in addressing climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018202120222023
Scope 1
5,589,208,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
3,468,131,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
-
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Formosa Chemicals And Fibre's primary industry is Chemicals nec, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Formosa Chemicals And Fibre is in TW, which we do not have grid emissions data for.

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 Chemicals And Fibre is participating in some of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Luxi Chemical Group Co., Ltd.

CN
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated about 1 month ago

Lyondellbasell

NL
•
Chemicals nec
Updated 9 days ago

Huntsman

US
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 2 days ago

Versalis SpA

IT
•
Chemicals nec
Updated 21 days ago

Wah Lee Industrial Corp

TW
•
Secondary raw materials
Updated 18 days ago

PTT Global Chemical

TH
•
Chemicals nec
Updated about 6 hours ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251005.1
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy