Formosa Taffeta Co Ltd - ESG Rating & Company Profile powered by AI
This webpage displays a free ESG analysis covering Formosa Taffeta Co Ltd. Comprehensive Sustainability assessment of Formosa Taffeta Co Ltd can be accessed by registering for free. This Disclosure rating covers seventeen United Nations SDGs including: 'No Poverty', 'Reduced Inequalities' and 'Peace, Justice & Strong Institutions'.
Formosa Taffeta Co Ltd in the Textiles & Leather Goods industry gained a UN SDG ESG Transparency Score of 8.0; made up of an environmental score of 8.0, social score of 8.0 and governance score of 8.0.
8.0
High ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Welspun India Ltd | 8.1 | High |
| 2 | Formosa Taffeta Co Ltd | 8.0 | High |
| 2 | BSL Ltd | 8.0 | High |
| 2 | Abhishek Corp Ltd | 8.0 | High |
| ... | ... | ... | |
| 753 | Yousaf Weaving Mills Ltd | 0.0 | Low |
| 753 | Zaheen Spinning Ltd | 0.0 | Low |
| ... | ... | ... |
Frequently Asked Questions
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Potential Risks for Formosa Taffeta Co Ltd
These potential risks are based on the size, segment and geographies of the company.
Formosa Taffeta Co., Ltd. operates in the textile industry in Asia. It operates through three segments: First Business Group, Cord Fabric Department, and Gasoline Department. The company engages in researching, developing, warping, sizing, beaming, twisting, designing, weaving, dyeing, printing, and finishing fabrics and textured yarns. It provides polyamine, polyester, sports, functional, and medical fabrics; tire cord fabrics, base cloths of conveyor ducks, chafers for tire-lips, anti-puncture fabric for bikes, lining fabric, etc.; cotton, blended, and MVS yarns; and nano far infrared ray, nano anion, germanium, fine diner, hollow section insulation, low-pilling, functional, comfort, eco-friendly, protective, and flame resistance fabrics, as well as protective fabrics of uniforms for military, police, and firefighter applications. The company also offers medical protective antibacterial, bullet proof, anti-puncture, carbon fiber fabrics, and PE plastic bags. In addition, it operates gasoline stations; and offers petroleum, as well as car washing services. The company was formerly known as Formosa Fiber Co., Ltd. and changed its name to Formosa Taffeta Co., Ltd. in January 1979. Formosa Taffeta Co., Ltd. was incorporated in 1973 and is headquartered in Douliu, Taiwan.