- Margin compression due to competition.
- Government pressure to lower drug prices.
- Higher costs for raw materials and production due to environmental protection trends.
- Procurement from third parties by customers due to supply chain disruptions.
- Destructive price wars from competitors.
- Interest rate risk, exchange rate risk, customer contract non-performance risk, and tightened credit facilities risk.
- Enactment of environmental laws and regulations.
- Changes in labor conditions.
- Water shortage or floods, typhoon damage, worker heat stroke, increased energy consumption, and temperature affecting wastewater plants.
- Human rights and environmental risks among suppliers.
Formosa Laboratories, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Formosa Laboratories, Inc. disclosed greenhouse gas emissions of 56.5K metric tons of CO2e. By scope: Scope 1: 8.4K metric tons of CO2e; Scope 2: 27.0K metric tons of CO2e; Scope 3: 21.1K metric tons of CO2e. 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
56.5K metric tons of CO2e
2023
Renewable Energy
0.43%
of total energy
Water Usage
427 megaliters
2023
Waste
1.6K metric tons
2023
Energy Use
324.3M MJ
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). | 8.4K metric tons of CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 27.0K metric tons of CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 21.1K metric tons of CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved a 44.02% waste recycling rate in 2023 (up 3.04% from the previous year).
- Recycled 124.411 million liters of water, representing a 29.09% water recycling rate based on the amount of water withdrawn in 2023.
- Completed Phase I construction of solar power generation facilities, generating 385,982 kWh of electricity.
- Recorded an energy intensity of 337.76 MJ per kg of output (down 1.65% from the previous year).
- Recorded a carbon intensity of 8.17 metric tons of CO2e per NT$ million in revenue (down 7.28% from the previous year).
- Rolled out four carbon conservation and reduction programs, projected to save 613,774 kWh of electricity and reduce 303.204 metric tons of CO2e annually.
- Received the Product Environmental Footprint Exemplary Manufacturer Award.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy intensity by 1% to 3%
- Roll out product carbon footprint and pass ISO 14067 verification
- Zero serious workplace safety accidents
- Number of occupational accidents ≤ 15
📅 Medium-term
- Obtain ISAE 3410 Assurance Engagements on Greenhouse Gas Statement
- Roll out greenhouse gas inventories at subsidiaries
- Complete ISAE 3410 Assurance Engagements on Greenhouse Gas at subsidiaries
- Bolster employees’ emergency response capabilities and improve firefighting facilities
- Number of occupational accidents in 2025 ≤ 11; number in 2026 ≤ 8
🔭 Long-term
- Achieve carbon neutrality
- Zero accident in manufacturing processes
- Number of occupational accidents ≤ 5; FSI ≤ 1
🌱 ESG Focus Areas
Climate ChangeWater StewardshipWaste ManagementTalent Attraction and RetentionOccupational Safety and HealthSupply Chain ManagementInformation SecuritySocial Participation