2025 Climate Performance Assessment of Formosa Petrochemical Corporation

2025-06-09

Key Takeaways
Formosa Petrochemical Corporation (FPCC) critically lags global peers in climate performance, marked by high carbon intensity, insufficient Scope 3 targets, and opaque transition planning. This exposes FPCC to escalating regulatory, market, and social risks, threatening its long-term viability. Urgent action is needed to establish a 1.5°C-aligned, Scope 3 inclusive net-zero roadmap with clear financial commitments and asset phase-out plans, driven by stronger investor accountability and supportive government policies