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.
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.
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.
Formosan Union Chemical Corp.'s score of 12 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Formosan Union Chemical Corp. reported total carbon emissions of approximately 81,704,860 kg CO2e, comprising 62,058,754.1 kg CO2e from Scope 1 emissions and 19,646,104.1 kg CO2e from Scope 2 emissions. This marked a reduction from 2021, where total emissions were 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. The company has consistently disclosed emissions data for Scope 1 and Scope 2 but has not reported any Scope 3 emissions. Notably, from 2019 to 2022, Formosan Union Chemical Corp. has shown a downward trend in emissions, with a significant decrease in Scope 1 emissions from 70,622,000 kg CO2e in 2019 to 62,058,754.1 kg CO2e in 2022. Despite these reductions, the company has not set specific science-based targets (SBTi) or documented reduction initiatives. Their climate commitments remain unspecified, indicating a potential area for future development in sustainability practices. Overall, Formosan Union Chemical Corp. is making strides in reducing its carbon footprint, but further commitments and targets could enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 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 | - | - | - | - | - | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Formosan Union Chemical Corp. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
