Formosa Petrochemical

Formosa Petrochemical is a publicly listed company headquartered in Taiwan, China, and a subsidiary of Formosa Plastics Group. The company is engaged in the refining, marketing, and sales of petroleum products, with core activities spanning the production and distribution of refined oil products, petrochemicals, and related services. Its operations are centered around the Mailiao Refinery, one of Asia’s largest and most integrated refining and petrochemical complexes.

East Asia & Pacific
Oil & Gas
Public
Not Engaged
Visit Website
ACT Core
F Non-mature
Just Transition
0.0/100
Social Benchmark
1.9/100
Gender Assessment
4.4/100
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Company footprint

Employees

5,110

Emissions (S3)

64 million tCO2e

Revenue

21 billion USD

Company benchmarks

With each of our benchmarks, we publish a company scorecard presenting the ranking position, score and findings of how the company performed.

ACT Core
Just Transition
Social Benchmark
Gender Assessment

ACT Core

A B C D E F G
Benchmark total score
The company scores 1 for the quality of their transition plan, resulting in a total score of F - Non-mature. This reflects that the company has set at least one valid climate target before 2034 independent of scope and time frame but not for its most material emissions scopes. As sufficient transition plan quality is lacking, the contribution to the transition has not been scored. Expanding target setting to include the most material emissions of the company would move the company to a higher classification. The graphs below indicate the company’s performance compared to the overall distribution of results for selected aspects. However, the total score refers to a much wider set of indicators and also consider such as the company’s emission disclosure, transition plan, aspects of governance and support for climate policy.

Maturity of climate targets

The degree to which the company sets short- and long-term climate targets, covering key emissions across all operations, with full quantitative disclosure on baselines and reductions.

Formosa Petrochemical

Investment in climate solutions

The extent to which the company’s annual investments are directed toward climate solutions, ideally identified through an established taxonomy or descriptive framework.

Formosa Petrochemical

Aligning business models

Is the company developing or expanding low-carbon business models, including those beyond its core operations - with clear, quantified commitments for expansion.

Formosa Petrochemical

Trajectory 1.5°C compatibility

The extent to which the company’s current emissions, production, or portfolio investment trajectory is compatible with the 1.5°C ambition.

Formosa Petrochemical

Formosa Petrochemical score

Company Name Total Score
Formosa Petrochemical
F
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ACT Core

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View unscored companies
Hide unscored companies

Companies in this list have disclosure available in a language other than English. As WBA only assesses English-language disclosure, they have not been scored.

-
ABC Mart
Not Scored
-
Agua y Saneamientos Argentinos
Not Scored
-
Aurora Alimentos
Not Scored
-
Bangladesh Road Transport Corp
Not Scored
-
Baotou Steel
Not Scored
-
Bright Food Group
Not Scored
-
Cemros
Not Scored
-
CFE
Not Scored
-
China Fortune Land Development
Not Scored
-
China Merchants Group
Not Scored
-
China Southern Power Grid
Not Scored
-
Egyptian Electricity Holding Company
Not Scored
-
EMT Madrid
Not Scored
-
Even Construtora
Not Scored
-
Greenland Holdings
Not Scored
-
Guangxi Shenglong Metallurgical
Not Scored
-
Hunan Valin Steel
Not Scored
-
Interaseo
Not Scored
-
Lingyunhai Sugar Group
Not Scored
-
Liuzhou Iron & Steel
Not Scored
-
MegaFon
Not Scored
-
MetrôRio
Not Scored
-
Mosvodokanal
Not Scored
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Petroecuador
Not Scored
-
Promotora Ambiental
Not Scored
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Saigon Water Corporation
Not Scored
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Sao Paulo Metro
Not Scored
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Shanghai Construction Group
Not Scored
-
Shanghai Metro
Not Scored
-
Shenzhen Metro Group
Not Scored
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SUBUS
Not Scored
-
Suning.com
Not Scored
-
Tianjin Rail Transit Group
Not Scored
-
Transmilenio
Not Scored
-
Wanda Group
Not Scored
-
Wuchan Zhongda Group
Not Scored
-
Xinyu Iron & Steel
Not Scored
-
Yonghui Superstores
Not Scored

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