Formosa Advanced Technologies Co Ltd

Common Name
Formosa Advanced Technologies
Country
Taiwan
Sector
Technology
Industry
Semiconductors
Employees
2,350
Ticker
8131
Exchange
TAIWAN STOCK EXCHANGE
Description
Formosa Advanced Technologies Co., Ltd. operates within the semiconductor industry, focusing on providing advanced packaging and testing services for semiconductor manufacturers. As a prominent entity...

Formosa Advanced Technologies's Climate Target Data Preview

As of 2024, Formosa Advanced Technologies has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Formosa Advanced Technologies ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
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Verified Sources Behind Formosa Advanced Technologies’s Climate Targets Data

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a. Formosa Advanced Technologies's Sustainability Report 2024
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Insights into Formosa Advanced Technologies's Greenhouse Gas Emissions Pathways

As of 2024, Formosa Advanced Technologies has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Formosa Advanced Technologies have a target to reduce the emissions from its operations?

As of 2024, Formosa Advanced Technologies has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Formosa Advanced Technologies's most ambitious operational target is to reduce these emissions by 25% by 2030, compared to a baseline of 138,929.52 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Formosa Advanced Technologies is ahead of schedule on its operational emissions reduction target, having achieved 58.16% of the planned reduction. a

Formosa Advanced Technologies's Operational (Scope 1+2) Emissions Pathway

2020202420252030035 k70 k105 k140 kBaselineCurrent (-15%)
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