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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Formosa Chemicals and Fibre were 10,858,237 metric tons of CO₂ equivalent (tCO₂e). a
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
In 2024, Formosa Chemicals and Fibre reported Scope 2 greenhouse gas (GHG) emissions of 3,212,675 tCO₂e using the location-based method. a
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
In 2024, Formosa Chemicals and Fibre reported its Scope 2 emissions using the location-based method. a
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
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
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
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
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
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