Formosa Chemicals and Fibre Corp
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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.
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
- 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
- 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
- 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
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 173.56, 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 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Formosa Chemicals and Fibre is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.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