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.
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.
Mean score of companies in the Pharmaceutical Preparation Manufacturing 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.
Formosa Laboratories's score of 46 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Formosa Laboratories reported total carbon emissions of approximately 56,549,310.2 kg CO2e. This figure includes Scope 1 emissions of about 8,421,520.2 kg CO2e, Scope 2 emissions of approximately 27,042,350.4 kg CO2e, and Scope 3 emissions totalling around 21,085,439.6 kg CO2e, which encompasses business travel, purchased goods and services, waste generated in operations, fuel and energy-related activities, and downstream transportation and distribution. The company has set long-term climate commitments aimed at achieving net-zero emissions by 2050. These commitments focus on energy conservation and emission reduction across all scopes, starting from 2023. Formosa Laboratories has been actively conducting greenhouse gas inventories since 2021, aligning its efforts with the government’s 2050 net-zero transition policy and global carbon reduction trends. Overall, Formosa Laboratories is dedicated to sustainable management and reducing greenhouse gas emissions, reflecting its corporate responsibility towards climate action.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | 000,000 | 0,000,000.0 | 0,000,000.0 |
Scope 2 | 73,826,000 | 00,000,000 | 00,000,000 | 00,000,000.0 |
Scope 3 | 168,124,000 | - | 00,000,000 | 00,000,000.0 |
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 participating in any 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.