Formosa Taffeta Co Ltd
Formosa Taffeta's Climate Target Data Preview
As of 2024, Formosa Taffeta has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 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 Taffeta ’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 | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  b, a | 2027 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  b, c | 2027 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  d, a | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  d | 2030 |
Verified Sources Behind Formosa Taffeta’s Climate Targets Data
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Insights into Formosa Taffeta's Greenhouse Gas Emissions Pathways
As of 2024, Formosa Taffeta 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 c d
Does Formosa Taffeta have a target to reduce the emissions from its operations?
As of 2024, Formosa Taffeta has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b d
Formosa Taffeta's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 445,431 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a b d
Formosa Taffeta has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a b d
Formosa Taffeta's Operational (Scope 1+2) Emissions Pathway
Does Formosa Taffeta have a target to reduce the emissions from its value chain?
As of 2024, Formosa Taffeta 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 c
Formosa Taffeta's most ambitious value chain target is to reduce these emissions by 20% by 2027, compared to a baseline of 2,722,860 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. b c
As of 2024, Formosa Taffeta is ahead of schedule on its value chain emissions reduction target, having achieved 74.75% of the planned reduction. b c