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...
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Formosa Advanced Technologies's GHG Emissions Data Preview

In 2023, Formosa Advanced Technologies completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Formosa Advanced Technologies has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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a
0000000
Location-Based
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Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind Formosa Advanced Technologies’s Greenhouse Gas (GHG) Emissions 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. Explore Formosa Advanced Technologies’s data sources below and access millions more through our Disclosure Search.

a. Formosa Advanced Technologies's Annual Report 2023
a. Formosa Advanced Technologies's Annual Report 2023
b. Formosa Advanced Technologies's TCFD Report 2022
b. Formosa Advanced Technologies's TCFD Report 2022

Insights into Formosa Advanced Technologies's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Formosa Advanced Technologies amounted to 112,003.28 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Formosa Advanced Technologies decreased by 13.52%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Formosa Advanced Technologies's Scope 1 Emissions Over Time

2019202020212022202302 k4 k6 k8 ktCO2e-8%-75%+16%-49%
  • Total Scope 1
  • Year-over-Year Change

What are Formosa Advanced Technologies's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Formosa Advanced Technologies were 987.86 metric tons of CO₂ equivalent (tCO₂e). a

Has Formosa Advanced Technologies reduced its Scope 1 emissions over time?

Since 2019, Formosa Advanced Technologies's Scope 1 emissions have decreased by 86.64%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Formosa Advanced Technologies's Scope 1 emissions decreased by 49.47%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Formosa Advanced Technologies's Scope 2 emissions?

In 2023, Formosa Advanced Technologies reported Scope 2 greenhouse gas (GHG) emissions of 111,015.42 tCO₂e using the market-based method. a

Has Formosa Advanced Technologies reduced its Scope 2 emissions over time?

Since 2019, Formosa Advanced Technologies's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 14.76%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Formosa Advanced Technologies's Scope 2 emissions (Market-Based) fell by 12.97% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Formosa Advanced Technologies use for Scope 2 reporting?

In 2023, Formosa Advanced Technologies reported its Scope 2 emissions using the market-based method. a

Formosa Advanced Technologies's Scope 2 Emissions Over Time

20192020202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 Market-Based

Insights into Formosa Advanced Technologies’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Formosa Advanced Technologies reported Scope 1 greenhouse gas (GHG) emissions of 987.86 tCO₂e and total revenues of USD 249 millions. This translates into an emissions intensity of 3.96 tCO₂e per millions USD. a

Formosa Advanced Technologies's Scope 1 Emissions Intensity Compared to Peers

2502,00050,0002,000,000Scope 1 Emissions (tCO2e)202001,00010,00050,000Revenues (Millions of USD)NWEHMFAFeMemory TechnologyYear: 2023Scope 1: 103 tCO2eRevenue: $M 99Scope 1 Intensity: 1.03 tCO2e/$MASE Technology HoldingYear: 2024Scope 1: 72,269 tCO2eRevenue: $M 18,175Scope 1 Intensity: 3.98 tCO2e/$MNuvoton TechnologyYear: 2023Scope 1: 39,579 tCO2eRevenue: $M 1,152Scope 1 Intensity: 34.35 tCO2e/$MRichWave TechnologyYear: 2023Scope 1: 29 tCO2eRevenue: $M 97Scope 1 Intensity: 0.30 tCO2e/$MNanya TechnologyYear: 2023Scope 1: 56,654 tCO2eRevenue: $M 974Scope 1 Intensity: 58.14 tCO2e/$MAP Memory TechnologyYear: 2024Scope 1: 4 tCO2eRevenue: $M 128Scope 1 Intensity: 0.03 tCO2e/$MESMTYear: 2023Scope 1: 56 tCO2eRevenue: $M 387Scope 1 Intensity: 0.14 tCO2e/$MSitronix TechnologyYear: 2022Scope 1: 7 tCO2eRevenue: $M 584Scope 1 Intensity: 0.01 tCO2e/$MNNNovatek MicroelectronicsYear: 2023Scope 1: 686 tCO2eRevenue: $M 3,600Scope 1 Intensity: 0.19 tCO2e/$MVIA TechnologiesYear: 2023Scope 1: 61 tCO2eRevenue: $M 412Scope 1 Intensity: 0.15 tCO2e/$MRealtek SemiconductorYear: 2022Scope 1: 24,259 tCO2eRevenue: $M 3,638Scope 1 Intensity: 6.67 tCO2e/$MSunplus TechnologyYear: 2023Scope 1: 3 tCO2eRevenue: $M 181Scope 1 Intensity: 0.02 tCO2e/$MUnited MicroelectronicsYear: 2023Scope 1: 509,555 tCO2eRevenue: $M 7,254Scope 1 Intensity: 70.24 tCO2e/$MGlobalwafersYear: 2023Scope 1: 22,150 tCO2eRevenue: $M 2,303Scope 1 Intensity: 9.62 tCO2e/$MPowertech TechnologyYear: 2023Scope 1: 14,381 tCO2eRevenue: $M 2,296Scope 1 Intensity: 6.26 tCO2e/$MWWWIN SemiconductorsYear: 2023Scope 1: 36,261 tCO2eRevenue: $M 516Scope 1 Intensity: 70.24 tCO2e/$MKing Yuan ElectronicsYear: 2024Scope 1: 8,683 tCO2eRevenue: $M 820Scope 1 Intensity: 10.59 tCO2e/$MEEElan MicroelectronicsYear: 2023Scope 1: 378 tCO2eRevenue: $M 393Scope 1 Intensity: 0.96 tCO2e/$MHHHoltek SemiconductorYear: 2023Scope 1: 37 tCO2eRevenue: $M 85Scope 1 Intensity: 0.43 tCO2e/$MVanguard International SemiconductorYear: 2023Scope 1: 203,200 tCO2eRevenue: $M 1,248Scope 1 Intensity: 162.87 tCO2e/$MMMMacronix InternationalYear: 2023Scope 1: 120,502 tCO2eRevenue: $M 900Scope 1 Intensity: 133.82 tCO2e/$MFFFocalTech SystemsYear: 2023Scope 1: 1,706 tCO2eRevenue: $M 442Scope 1 Intensity: 3.86 tCO2e/$MAAAsmedia TechnologyYear: 2023Scope 1: 24 tCO2eRevenue: $M 209Scope 1 Intensity: 0.12 tCO2e/$MFFFormosa Advanced TechnologiesYear: 2023Scope 1: 988 tCO2eRevenue: $M 249Scope 1 Intensity: 3.96 tCO2e/$M

How does Formosa Advanced Technologies's GHG emissions intensity compare to its peers?

In 2023, Formosa Advanced Technologies reported a Scope 1 emissions intensity of 3.96 tCO₂e per millions USD. Compared to the peer group median of 3.86 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Formosa Advanced Technologies rank on GHG emissions intensity within its industry?

In 2023, Formosa Advanced Technologies ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Formosa Advanced Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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