Annual Report

Overview

The report describes Formosa Plastics Group's 2023 revenue decline amid weak global petrochemical demand and highlights an established ESG Promotion Organization coordinating energy conservation, carbon reduction, and circular-economy work. It reports a 20% emissions-reduction goal by 2025 against a 2007 base year and a 35% goal by 2030, alongside a carbon-neutrality goal for 2050. The report also notes CDP recognition for Group companies and continuing investments in water conservation, renewable energy, recycling, and cleaner technologies.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

SBTi status

Materiality

Assessment
Basis

Assurance

Statement included

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