Formosa Plastics Corp 2023 SR

The report highlights Formosa Plastics Corporation's sustainability performance in 2023, focusing on its transition toward carbon neutrality through AI applications and energy transition practices. Key achievements include achieving an "A" rating from CDP for climate change and water security, and becoming the first petrochemical company in Taiwan to pass the SBTi review. The company reduced its Scope 1 and 2 emissions by 7.3% compared to the 2020 base year. Additionally, FPC invested NT$1.586 billion in clean technology and developed innovative sustainable products like the world's first fully recyclable polypropylene jacket.

Company: Formosa Plastics Corp

Sector: Materials

Country: Taiwan

Year: 2023

Type: SR

Pages: 175

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Formosa Plastics Corp

Formosa Plastics Corp 2023 Sustainability Report

Sustainability Report

The report highlights Formosa Plastics Corporation's sustainability performance in 2023, focusing on its transition toward carbon neutrality through AI applications and energy transition practices. Key achievements include achieving an "A" rating from CDP for climate change and water security, and becoming the first petrochemical company in Taiwan to pass the SBTi review. The company reduced its Scope 1 and 2 emissions by 7.3% compared to the 2020 base year. Additionally, FPC invested NT$1.586 billion in clean technology and developed innovative sustainable products like the world's first fully recyclable polypropylene jacket.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

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