- Slow de-stocking of semiconductors and oversupply of the DRAM market.
- Geopolitical instability, US-China trade conflicts, high inflation, and interest rate increases impacting the global economy.
- Climate change risks (physical and transition).
FORMOSA ADVANCED TECHNOLOGIES CO., LTD.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, FORMOSA ADVANCED TECHNOLOGIES CO., LTD. disclosed greenhouse gas emissions of 26.9K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 987.86 tCO2e/year; Scope 2: 111.0K tCO2e/year; Scope 3: 56.1K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
26.9K tCO2e/year (Scope 1 & 2)
2023
Water Usage
1.3M m3/year
2023
Waste
420.02 tons/year
2023
Energy Use
229.8M kWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 987.86 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 111.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 56.1K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 26.9K tCO2e/year (Scope 1 & 2) |
| 2022 | 133.1K tCO2e/year (Scope 1 & 2) |
| 2021 | 136.7K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon emissions by approximately 2,176 metric tons annually through ice water main unit replacement.
- Reduced carbon emissions by approximately 861 metric tons through four energy-saving plans.
- Achieved a 92% plant-wide recycling rate.
- Construction of a water resources recycling plant estimated to recycle up to 880 tons of water per day (about 55% of daily water consumption).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce electricity consumption by 1% annually.
- Reduce water consumption by 1% annually.
- Increase plant-wide recycling rate to 92%.
- Achieve 25% renewable energy by 2030.
📅 Medium-term
- Reduce GHG emissions by 25% compared to the baseline year (2020).
- Achieve 92% plant-wide recycling rate.
- Complete construction of 15 million-liter water storage tank.
🔭 Long-term
- Net-zero emissions.
🌱 ESG Focus Areas
Climate ChangeEnergy ManagementWater ManagementWaste ManagementSupply Chain SustainabilityHuman RightsOccupational Health and SafetyCorporate GovernanceEmployee Well-beingCommunity EngagementInnovationProduct Quality