- COVID-19 pandemic impacts on global economic demand, causing rising prices of international crude oil and raw materials, and global inflation.
- U.S. Department of Commerce (DOC) imposed anti-dumping duties, leading to a surge in production costs and impacting sales and profits (sales to the U.S. accounted for more than 80% of operating income).
- Significant losses in 2022 due to a pause in production and severance pay to employees.
Federal Corporation
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Federal Corporation disclosed greenhouse gas emissions of 10.8K tCO2e (2021); 13113.304 tCO2e (2022). 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
10.8K tCO2e (2021); 13113.304 tCO2e (2022)
2022
Water Usage
98.3K tons (2021); 125045 tons (2022)
2022
Waste
858.51 tons (2021); 995.76 tons (2022)
2022
â Reported Environmental Achievements
- Reduced carbon emissions by 1% in 2023 (target)
- Recycles and reuses 100% of process cooling water and about 50% of reclaimed water from the pure water system.
ð¯ Climate & Sustainability Targets
ð Short-term
- Reduce carbon emissions by 1% in 2023