Formosa Petrochemical
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Formosa Petrochemical's score of 1 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Formosa Petrochemical's reported carbon emissions
In 2021, Formosa Petrochemical reported total carbon emissions of approximately 26,482,767,000 kg CO2e, with Scope 1 emissions at about 26,482,767,000 kg CO2e and Scope 2 emissions at approximately 119,051,000 kg CO2e. The company also disclosed significant Scope 3 emissions, totalling around 34,891,492,000 kg CO2e, which includes emissions from the use of sold products and other upstream and downstream activities. In 2022, the emissions intensity for all plants in Taiwan was reported at approximately 24.000547 tCO2e per million USD revenue. The following year, 2023, saw a slight increase in emissions intensity to about 24.00468 tCO2e per million USD revenue. Despite these figures, Formosa Petrochemical has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions at this time. The absence of documented reduction initiatives suggests that the company may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
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Access structured emissions data, company-specific emission factors, and source documents
Get Started| 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 |
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 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.
