Formosa Plastics Corp 2022 SR
The report highlights Formosa Plastics Corporation's commitment to achieving carbon neutrality by 2050, with a validated SBTi target. In 2022, the company invested NT$1.75 billion in clean technology and achieved an A- rating from CDP for both climate change and water security. Key environmental initiatives included a 17.7% reduction in air pollutants compared to 2020 and the implementation of internal carbon pricing. Socially, the company introduced significant childcare subsidies and maintained a high local supervisor employment rate of 60.4%. The report also details the integration of AI across production processes to optimize energy efficiency and safety.
Company: Formosa Plastics Corp
Sector: Materials
Country: Taiwan
Year: 2022
Type: SR
Pages: 177
Formosa Plastics Corp
Sustainability Report
The report highlights Formosa Plastics Corporation's commitment to achieving carbon neutrality by 2050, with a validated SBTi target. In 2022, the company invested NT$1.75 billion in clean technology and achieved an A- rating from CDP for both climate change and water security. Key environmental initiatives included a 17.7% reduction in air pollutants compared to 2020 and the implementation of internal carbon pricing. Socially, the company introduced significant childcare subsidies and maintained a high local supervisor employment rate of 60.4%. The report also details the integration of AI across production processes to optimize energy efficiency and safety.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees