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Far Eastern New Century Corp

Common Name
Far Eastern New Century
Country
Taiwan
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Employees
N/A
Ticker
1402
Exchange
TAIWAN STOCK EXCHANGE
Description
Far Eastern New Century Corporation is a diversified conglomerate based in Taiwan, primarily engaged in the polyester and textile industries. The company's core activities encompass the production and...

Far Eastern New Century's Energy Data Preview

In 2024, Far Eastern New Century disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Far Eastern New Century also reported the energy it generates itself, offering insight into its level of energy independence.

Additionally, Far Eastern New Century also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2024202320222021-2019
Total Energy Consumption
17,728,000a
18,882,000a
21,201,000a
Non-Renewable Energy Consumption
16,499,000a
17,943,000a
20,486,000a
Renewable Energy Consumption
1,229,000a
939,000a
715,000a
Total Energy Production
11,762,000a
N/AN/A
Renewable Energy Production
88,488a
67,871a
52,254a
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Verified Sources Behind Far Eastern New Century’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Far Eastern New Century's Sustainability Report 2024

Insights into Far Eastern New Century's Energy Renewability

In 2024, Far Eastern New Century consumed a total of 17.73 million Gigajoules of energy across its operations. Of this total, 6.93% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 93.07% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Far Eastern New Century's Energy Renewability Rate

7%

How much of Far Eastern New Century's energy consumed is renewable?

In 2024, Far Eastern New Century consumed a total of 17.73 million Gigajoules of energy, of which 6.93% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Far Eastern New Century has considerable room to improve its energy sustainability strategy.

Are Far Eastern New Century's energy practices becoming more sustainable?

Since 2021, Far Eastern New Century's total energy consumption decreased by 22.12%, including a further 6.11% drop in 2024, highlighting a continued decline in energy use.a

Over the same period, the share of renewable energy in Far Eastern New Century's consumption increased by 488.85%, including a 39.4% increase in 2024, showing consistent progress in clean energy adoption.a

Overall, Far Eastern New Century has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

Far Eastern New Century's Renewable vs Non-renewable Energy Over Time

24.75 M9.75 M5.25 M24.75 MGigajoules (GJ)202420232022202193%95%97%99%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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