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Formosa Plastics Corporation, U.S.A., a prominent player in the basic plastics industry, is headquartered in the United States. Established in 1978, the company has grown to become a leader in the production of a diverse range of plastic products, including polyvinyl chloride (PVC), polyethylene, and polypropylene. With major operational regions across the U.S., Formosa Plastics is renowned for its commitment to quality and innovation.
The company’s core offerings are distinguished by their durability and versatility, catering to various sectors such as construction, automotive, and consumer goods. Notable achievements include significant advancements in sustainable manufacturing practices, positioning Formosa Plastics as a responsible industry leader. With a strong market presence, the company continues to drive growth and set benchmarks in the plastics sector.
-13 vs industry average
Formosa Plastics Corporation, U.S.A.’s score of 6 is lower than 26% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Plastic production is among the most carbon-intensive industries
The Plastic production industry has reduced its overall emissions by 22% since 2018
Scope 3 accounts for ••• of total emissions.
Formosa Plastics Corporation, U.S.A., headquartered in the US and operating in the plastics industry, has provided emissions data for recent years, though specific scope breakdowns are not detailed. In 2022, the company's emissions were not explicitly reported. For 2021, the total emissions were approximately 5.11 million kg CO2e. Prior to that, in 2020, total emissions were reported at approximately 5.18 million kg CO2e.
While detailed emissions data for Scope 1, 2, and 3 is limited, Formosa Plastics Corporation, U.S.A. has stated its commitment to exploring carbon offsetting strategies. Initiatives mentioned include seeking wind and solar opportunities in Texas and other operating regions to offset carbon dioxide emissions. These efforts are aimed at achieving climate neutrality, with targets set for the near term, between 2023 and 2025, for Scope 1 and Scope 2 emissions.
The company also provides intensity metrics, such as carbon emissions per employee and per ton of product. For 2022, carbon emissions per employee were approximately 360 kg CO2e, and carbon emissions per ton of product were approximately 2,470 kg CO2e. In 2021, these intensity figures were approximately 470 kg CO2e per employee and 1,660 kg CO2e per ton of product.
Formosa Plastics Corporation, U.S.A.'s sustainability reporting indicates that its emissions data and climate targets are not cascaded from a parent organisation, meaning they are reported directly.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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