Formosa Sumco Technology Corp
Formosa Sumco Technology's Climate Target Data Preview
As of 2024, Formosa Sumco Technology 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 Sumco Technology ’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 restricted. Please purchase to unlock this data.  a, b | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 2030 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. b | 2030 |
Verified Sources Behind Formosa Sumco Technology’s Climate Targets Data
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Insights into Formosa Sumco Technology's Greenhouse Gas Emissions Pathways
As of 2024, Formosa Sumco Technology 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 b
Does Formosa Sumco Technology have a target to reduce the emissions from its operations?
As of 2024, Formosa Sumco Technology has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b
Formosa Sumco Technology's most ambitious operational target is to reduce these emissions by 25% by 2030, compared to a baseline of 241,591.832 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a b
Instead of reducing operational emissions, Formosa Sumco Technology has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target. a b
Formosa Sumco Technology's Operational (Scope 1+2) Emissions Pathway
Does Formosa Sumco Technology have a target to reduce the emissions from its value chain?
As of 2024, Formosa Sumco Technology has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. b
Formosa Sumco Technology's most ambitious value chain target is to reduce these emissions by 12.3% by 2030, compared to a baseline of 3,916,529 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. b
Formosa Sumco Technology has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. b