Formosa Petrochemical Corporation (FPCC), headquartered in Taiwan (TW), is a leading player in the petrochemical industry, renowned for its comprehensive range of products and services. Established in 1992, FPCC has made significant strides in the production of ethylene, propylene, and various downstream petrochemical products, positioning itself as a key supplier in the Asia-Pacific region. With major operational facilities in Mailiao, FPCC stands out for its commitment to innovation and sustainability, utilising advanced technologies to enhance production efficiency. The company’s core offerings include high-quality plastics, synthetic rubber, and other chemical products, which are integral to numerous industries, from automotive to consumer goods. FPCC's strategic market position is underscored by its robust supply chain and dedication to environmental stewardship, making it a trusted name in the global petrochemical landscape.
How does Formosa Petrochemical'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 Crude Oil Extraction 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 Petrochemical's score of 1 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Formosa Petrochemical, headquartered in Taiwan (TW), reported total carbon emissions of approximately 26,482,767,000 kg CO2e, comprising about 26,482,767,000 kg CO2e from Scope 1 and about 119,051,000 kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions, which included significant contributions from the use of sold products, amounting to approximately 34,891,492,000 kg CO2e. Despite the substantial emissions figures, Formosa Petrochemical has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company has reported emissions intensity metrics, such as approximately 24.00468 tCO2e per million USD in 2023, reflecting its operational efficiency in relation to revenue. Overall, while Formosa Petrochemical has made strides in emissions reporting, it currently lacks defined climate commitments or reduction strategies to address its carbon footprint effectively.
Access structured emissions data, company-specific emission factors, and source documents
2007 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 31,680,876,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 143,113,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000.0 |
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 Petrochemical 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.