Formosa Chemicals and Fibre Corp

Common Name
Formosa Chemicals and Fibre
Country
Taiwan
Sector
Basic Materials
Industry
Chemicals
Employees
N/A
Ticker
1326
Exchange
TAIWAN STOCK EXCHANGE
Description
Formosa Chemicals & Fibre Corp. is a leading manufacturer in the chemical and textile industries. The company's primary function is to produce a diverse range of chemical products, including petrochem...

Formosa Chemicals and Fibre's GHG Emissions Data Preview

In 2024, Formosa Chemicals and Fibre 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

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

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Formosa Chemicals and Fibre’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 Chemicals and Fibre’s data sources below and access millions more through our Disclosure Search.

a. Formosa Chemicals and Fibre's Sustainability Report 2024
a. Formosa Chemicals and Fibre's Sustainability Report 2024

Insights into Formosa Chemicals and Fibre's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Formosa Chemicals and Fibre amounted to 14,070,912 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 2023, the total operational greenhouse gas (GHG) emissions of Formosa Chemicals and Fibre increased by 72.46%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Formosa Chemicals and Fibre's Scope 1 Emissions Over Time

202020222023202403 M6 M9 M12 MtCO2e-11%+9%+111%
  • Total Scope 1
  • Year-over-Year Change

What are Formosa Chemicals and Fibre's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Formosa Chemicals and Fibre were 10,858,237 metric tons of CO₂ equivalent (tCO₂e). a

Has Formosa Chemicals and Fibre reduced its Scope 1 emissions over time?

Since 2020, Formosa Chemicals and Fibre's Scope 1 emissions have increased by 106.41%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Formosa Chemicals and Fibre's Scope 1 emissions increased by 111.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Formosa Chemicals and Fibre's Scope 2 emissions?

In 2024, Formosa Chemicals and Fibre reported Scope 2 greenhouse gas (GHG) emissions of 3,212,675 tCO₂e using the location-based method. a

Has Formosa Chemicals and Fibre reduced its Scope 2 emissions over time?

Since 2020, Formosa Chemicals and Fibre's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Formosa Chemicals and Fibre 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2023), Formosa Chemicals and Fibre's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Formosa Chemicals and Fibre 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Formosa Chemicals and Fibre use for Scope 2 reporting?

In 2024, Formosa Chemicals and Fibre reported its Scope 2 emissions using the location-based method. a

Formosa Chemicals and Fibre's Scope 2 Emissions Over Time

20202022202320240850 k1.7 M2.55 M3.4 MtCO2e
  • Total Scope 2 Location-Based

Insights into Formosa Chemicals and Fibre's Value Chain Emissions

In 2024, Formosa Chemicals and Fibre reported 11,518,905 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Formosa Chemicals and Fibre includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Formosa Chemicals and Fibre's Scope 3 Emissions Over Time

20222023202404 M8 M12 M16 MtCO2e+1%-21%
  • Total Scope 3
  • Year-over-Year Change

What are Formosa Chemicals and Fibre's Scope 3 emissions?

In 2024, Formosa Chemicals and Fibre reported total Scope 3 emissions of 11,518,905 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Formosa Chemicals and Fibre's Scope 3 emissions decreased by 21.32%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into Formosa Chemicals and Fibre’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Formosa Chemicals and Fibre reported Scope 1 greenhouse gas (GHG) emissions of 10,858,237 tCO₂e and total revenues of USD 10,641 millions. This translates into an emissions intensity of 1,020.38 tCO₂e per millions USD. a

Formosa Chemicals and Fibre's Scope 1 Emissions Intensity Compared to Peers

2005,000200,0005,000,000200,000,000Scope 1 Emissions (tCO2e)201001,0005,00020,000Revenues (Millions of USD)TCSCGUNHTNAFOTTTaiwan Glass IndYear: 2023Scope 1: 387,214 tCO2eRevenue: $M 1,487Scope 1 Intensity: 260.39 tCO2e/$MWalsin LihwaYear: 2024Scope 1: 3,206,945 tCO2eRevenue: $M 5,474Scope 1 Intensity: 585.88 tCO2e/$MCCChina Steel ChemicalYear: 2023Scope 1: 27,175 tCO2eRevenue: $M 271Scope 1 Intensity: 100.23 tCO2e/$MTCC Group HoldingsYear: 2024Scope 1: 41,848,591 tCO2eRevenue: $M 4,719Scope 1 Intensity: 8,867.36 tCO2e/$MSSShiny Chemical IndustrialYear: 2023Scope 1: 50,866 tCO2eRevenue: $M 321Scope 1 Intensity: 158.37 tCO2e/$MCCChina General PlasticsYear: 2023Scope 1: 151,239 tCO2eRevenue: $M 447Scope 1 Intensity: 338.47 tCO2e/$MGGGrand Pacific PetrochemicalYear: 2023Scope 1: 412,173 tCO2eRevenue: $M 512Scope 1 Intensity: 804.38 tCO2e/$MChung Hwa PulpYear: 2023Scope 1: 754,800 tCO2eRevenue: $M 683Scope 1 Intensity: 1,104.96 tCO2e/$MUUUSIYear: 2023Scope 1: 21,070 tCO2eRevenue: $M 1,704Scope 1 Intensity: 12.37 tCO2e/$MYFYYear: 2024Scope 1: 4,720,569 tCO2eRevenue: $M 2,394Scope 1 Intensity: 1,972.18 tCO2e/$MNNNantex IndustryYear: 2023Scope 1: 1,378 tCO2eRevenue: $M 291Scope 1 Intensity: 4.73 tCO2e/$MChina SteelYear: 2023Scope 1: 16,809,455 tCO2eRevenue: $M 11,844Scope 1 Intensity: 1,419.28 tCO2e/$MTaiwan FertilizerYear: 2023Scope 1: 377,763 tCO2eRevenue: $M 489Scope 1 Intensity: 771.81 tCO2e/$MSesodaYear: 2023Scope 1: 46,964 tCO2eRevenue: $M 192Scope 1 Intensity: 245.05 tCO2e/$MHHHsin Kuang SteelYear: 2023Scope 1: 4,313 tCO2eRevenue: $M 524Scope 1 Intensity: 8.23 tCO2e/$MTaita ChemicalYear: 2023Scope 1: 16,748 tCO2eRevenue: $M 496Scope 1 Intensity: 33.79 tCO2e/$MTTTaiwan Styrene MonomerYear: 2023Scope 1: 175,429 tCO2eRevenue: $M 311Scope 1 Intensity: 564.04 tCO2e/$MNNNan Ya PlasticsYear: 2024Scope 1: 4,998,058 tCO2eRevenue: $M 7,925Scope 1 Intensity: 630.70 tCO2e/$MAAAsia CementYear: 2024Scope 1: 21,078,502 tCO2eRevenue: $M 2,329Scope 1 Intensity: 9,050.46 tCO2e/$MFormosan Rubber GroupYear: 2023Scope 1: 605 tCO2eRevenue: $M 44Scope 1 Intensity: 13.65 tCO2e/$MTSRCYear: 2023Scope 1: 139,250 tCO2eRevenue: $M 1,024Scope 1 Intensity: 135.93 tCO2e/$MEternal MaterialsYear: 2023Scope 1: 81,591 tCO2eRevenue: $M 1,384Scope 1 Intensity: 58.96 tCO2e/$MFFFeng Hsin SteelYear: 2023Scope 1: 197,346 tCO2eRevenue: $M 1,137Scope 1 Intensity: 173.56 tCO2e/$MUPC TechnologyYear: 2023Scope 1: 39,048 tCO2eRevenue: $M 2,386Scope 1 Intensity: 16.37 tCO2e/$MOOOriental Union ChemicalYear: 2023Scope 1: 28,261 tCO2eRevenue: $M 679Scope 1 Intensity: 41.65 tCO2e/$MFormosa Chemicals and FibreYear: 2024Scope 1: 10,858,237 tCO2eRevenue: $M 10,641Scope 1 Intensity: 1,020.38 tCO2e/$M

How does Formosa Chemicals and Fibre's GHG emissions intensity compare to its peers?

In 2024, Formosa Chemicals and Fibre reported a Scope 1 emissions intensity of 1,020.38 tCO₂e per millions USD. Compared to the peer group median of 245.05 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Formosa Chemicals and Fibre rank on GHG emissions intensity within its industry?

In 2024, Formosa Chemicals and Fibre ranked 21 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Formosa Chemicals and Fibre among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Formosa Chemicals and Fibre's Total Carbon Footprint

In 2024, Formosa Chemicals and Fibre reported a total carbon footprint of 25,589,817 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.24% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Formosa Chemicals and Fibre's total carbon footprint was Scope 3 emissions, accounting for 45.01% of the company's total carbon footprint, followed by Scope 1 emissions at 42.43%. a

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