Formosa Laboratories
Formosa Laboratories, also known as Formosa, is a leading player in the pharmaceutical and biotechnology industry, headquartered in Taiwan (TW). Founded in 1996, the company has established a strong presence in key operational regions, including North America and Europe, focusing on the development and manufacturing of high-quality active pharmaceutical ingredients (APIs) and intermediates. With a commitment to innovation, Formosa Laboratories offers a diverse range of products and services, including custom synthesis and contract manufacturing. Their unique approach combines advanced technology with stringent quality control, ensuring compliance with global regulatory standards. Recognised for its expertise, Formosa has achieved significant milestones, positioning itself as a trusted partner in the pharmaceutical supply chain.
DitchCarbon Score
How does Formosa Laboratories'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 Other 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
Formosa Laboratories's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Formosa Laboratories's reported carbon emissions
In 2023, Formosa Laboratories reported total carbon emissions of approximately 56,549,310.2 kg CO2e. This figure includes 8,421,520.2 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 27,042,350.4 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company disclosed Scope 3 emissions, which totalled approximately 21,085,539.5 kg CO2e, encompassing various categories such as purchased goods and services, waste generated in operations, and downstream transportation and distribution. In 2022, Formosa Laboratories' emissions were about 44,783,921.3 kg CO2e, with Scope 1 emissions at 7,744,884.9 kg CO2e and Scope 2 emissions at 25,787,124.0 kg CO2e. The Scope 3 emissions for that year were approximately 11,251,000.0 kg CO2e. The company has committed to conducting greenhouse gas inventories since 2021, aligning with the government’s 2050 net-zero transition policy. This long-term commitment aims for comprehensive reductions across all scopes by 2050, reflecting a proactive approach to carbon management and sustainability in response to global climate trends.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 633,680 | 0,000,000.0 | 0,000,000.0 |
| Scope 2 | 31,949,430 | 00,000,000 | 00,000,000.0 |
| Scope 3 | - | 00,000,000 | 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 Laboratories 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.
