Formosan Union Chemical Corp.
Formosan Union Chemical Corp., commonly referred to as FUCC, is a leading player in the chemical industry, headquartered in Taiwan (TW). Established in 1971, the company has made significant strides in the production of specialty chemicals, including high-performance resins and advanced materials, catering to diverse sectors such as electronics, automotive, and construction. With a strong operational presence across Asia and beyond, FUCC is renowned for its commitment to innovation and quality. The company’s core products, characterised by their superior performance and sustainability, set it apart in a competitive market. Notable achievements include its advancements in eco-friendly chemical solutions, positioning FUCC as a frontrunner in the industry. Through continuous research and development, Formosan Union Chemical Corp. remains dedicated to meeting the evolving needs of its global clientele.
DitchCarbon Score
How does Formosan Union Chemical Corp.'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 Chemicals 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
Formosan Union Chemical Corp.'s score of 14 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Formosan Union Chemical Corp.'s reported carbon emissions
In 2022, Formosan Union Chemical Corp. reported total greenhouse gas emissions of approximately 81,704,860 kg CO2e, comprising 62,058,754.1 kg CO2e from Scope 1 and 19,646,104.1 kg CO2e from Scope 2 emissions. The company has set ambitious targets to reduce its emissions by 30% for both Scope 1 and Scope 2 by 2030, using 2021 as the baseline year. This commitment reflects a proactive approach to climate action, aiming to significantly lower its carbon footprint in the near term. The emissions data for 2021 indicated a total of about 90,478,739 kg CO2e, with Scope 1 emissions at 67,429,007.8 kg CO2e and Scope 2 emissions at 23,049,731.4 kg CO2e. This shows a slight decrease in emissions in 2022 compared to 2021, highlighting the company's efforts towards sustainability. Formosan Union Chemical Corp. has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. The company’s climate commitments are not cascaded from a parent organization, indicating that these targets and data are independently reported. Overall, Formosan Union Chemical Corp. is taking significant steps to address its carbon emissions, with clear reduction targets set for the coming years, demonstrating its commitment to environmental sustainability.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 61,006,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000.0 | 00,000,000.0 | 00,000,000.0 |
| Scope 2 | 24,707,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000.0 | 00,000,000.0 | 00,000,000.0 |
| Scope 3 | - | - | - | - | - | - | - |
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.
Formosan Union Chemical Corp. 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.
