Formosa Advanced Technologies Co Ltd
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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2025 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Verified Sources Behind Formosa Advanced Technologies’s Climate Targets Data
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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