Formosa Petrochemical Corporation (FPCC), headquartered in Taiwan (TW), is a leading player in the petrochemical industry, renowned for its comprehensive range of products and services. Established in 1992, FPCC has made significant strides in the production of ethylene, propylene, and various downstream petrochemical products, positioning itself as a key supplier in the Asia-Pacific region. With major operational facilities in Mailiao, FPCC stands out for its commitment to innovation and sustainability, utilising advanced technologies to enhance production efficiency. The company’s core offerings include high-quality plastics, synthetic rubber, and other chemical products, which are integral to numerous industries, from automotive to consumer goods. FPCC's strategic market position is underscored by its robust supply chain and dedication to environmental stewardship, making it a trusted name in the global petrochemical landscape.
How does Formosa Petrochemical'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 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.
Formosa Petrochemical's score of 1 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Formosa Petrochemical, headquartered in Taiwan (TW), reported an emissions intensity of approximately 24.00 tCO2e per million USD in revenue. The company has disclosed emissions data for previous years, with significant figures including 25,330,000,000 kg CO2e for Scope 1 emissions and 221,111,000 kg CO2e for Scope 2 emissions in 2020. In 2019, their total emissions included 27,256,866,000 kg CO2e from Scope 1, 136,173,000 kg CO2e from Scope 2, and 29,333,461,000 kg CO2e from Scope 3. Despite these figures, Formosa Petrochemical has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce their carbon footprint. The absence of disclosed reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the industry faces increasing pressure to address climate change, Formosa Petrochemical's future commitments will be crucial in aligning with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2007 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 31,680,876,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 143,113,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 |
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 Petrochemical is committed to some 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.