Taiwan Styrene Monomer Corporation
Taiwan Styrene Monomer Corporation (TSMC) is a leading player in the petrochemical industry, headquartered in Taiwan (TW). Established in 1978, the company has made significant strides in the production of styrene monomer, a key raw material used in various applications, including plastics and synthetic rubber. With a strong operational presence across Asia, TSMC is renowned for its commitment to quality and innovation. The company’s core products, including high-purity styrene monomer, distinguish themselves through advanced production techniques and stringent quality control measures. Recognised for its market leadership, TSMC has achieved notable milestones, solidifying its position as a trusted supplier in the global petrochemical market. Through continuous improvement and sustainable practices, Taiwan Styrene Monomer Corporation remains dedicated to meeting the evolving needs of its customers.
DitchCarbon Score
How does Taiwan Styrene Monomer Corporation'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 Plastic production 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
Taiwan Styrene Monomer Corporation's score of 15 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taiwan Styrene Monomer Corporation's reported carbon emissions
In 2023, Taiwan Styrene Monomer Corporation (TSMC) reported total carbon emissions of approximately 1,127,512.1 kg CO2e. This figure includes Scope 1 emissions of about 22,622.7 kg CO2e and Scope 2 emissions of approximately 152,397.9 kg CO2e, resulting in combined Scope 1 and 2 emissions of about 175,020.6 kg CO2e. The company has set ambitious long-term climate commitments, aiming to reduce its greenhouse gas emissions by 50% by 2050 compared to its 2005 baseline. This target applies to both Scope 1 and Scope 2 emissions, reflecting TSMC's dedication to energy saving and carbon reduction initiatives. In previous years, TSMC's emissions have shown variability, with 2022 emissions recorded at approximately 314,144.6 kg CO2e (Scope 1: 18,815.7 kg CO2e; Scope 2: 295,328.9 kg CO2e) and 2021 emissions at about 560,685,000 kg CO2e (Scope 1: 129,576,000 kg CO2e; Scope 2: 431,109,000 kg CO2e). Notably, the company has not disclosed Scope 3 emissions data. TSMC's commitment to reducing emissions is not only a response to regulatory pressures but also aligns with global sustainability trends, positioning the company as a responsible player in the chemical manufacturing sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 232,531,000 | 000,000,000 | 00,000.0 | 00,000.0 |
| Scope 2 | 326,765,000 | 000,000,000 | 000,000.0 | 000,000.0 |
| Scope 3 | - | 0,000,000,000 | - | - |
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.
Taiwan Styrene Monomer Corporation 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.
