Public Profile

Formosa Solar Renewable Power Group

Formosa Solar Renewable Power Group, headquartered in Taiwan (TW), is a leading player in the renewable energy sector, specialising in solar power solutions. Founded in 2010, the company has rapidly established itself as a key contributor to Taiwan's green energy landscape, focusing on the development, construction, and operation of solar photovoltaic (PV) systems. With a commitment to sustainability, Formosa Solar offers innovative solar energy products and services that stand out for their efficiency and reliability. The company has achieved significant milestones, including numerous large-scale solar projects across Taiwan, reinforcing its position as a market leader in the renewable energy industry. Through its dedication to advancing solar technology, Formosa Solar continues to drive the transition towards a more sustainable future.

DitchCarbon Score

How does Formosa Solar Renewable Power Group'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.

27

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Formosa Solar Renewable Power Group's score of 27 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

Formosa Solar Renewable Power Group's reported carbon emissions

In 2023, Formosa Solar Renewable Power Group 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 around 27,042,350.4 kg CO2e, and significant Scope 3 emissions totalling approximately 65,535,600 kg CO2e. In 2022, the company recorded total emissions of about 44,783,921.3 kg CO2e, with Scope 1 emissions at approximately 7,744,884.9 kg CO2e and Scope 2 emissions reaching about 25,787,124.0 kg CO2e. The Scope 3 emissions for that year were around 38,530,000 kg CO2e. For 2021, Formosa Solar's emissions were reported at approximately 14,200,000 kg CO2e for Scope 1, about 9,686,500 kg CO2e for Scope 2, and around 191,919,000 kg CO2e for Scope 3. Despite these figures, there are currently no specified reduction targets or climate pledges documented by the company. The absence of formal commitments highlights a potential area for improvement in their sustainability strategy.

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Add to project
202120222023
Scope 1
14,200,000
0,000,000.0
0,000,000.0
Scope 2
9,686,500
00,000,000
00,000,000.0
Scope 3
191,919,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Formosa Solar Renewable Power Group's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Formosa Solar Renewable Power Group is headquartered in TW, which we do not have grid emissions data for.

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 Solar Renewable Power Group 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers