Formosan Union Chemical CorpFormosan Union Chemical Corp - ESG Rating & Company Profile powered by AI

Industry Group:Commodity Chemicals

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Formosan Union Chemical Corp in the Commodity Chemicals industry gained a UN SDG ESG Transparency Score of 1.5; made up of an environmental score of 3.4, social score of 0.0 and governance score of 1.0.

SDG Transparency Score for Formosan Union Chemical Corp 

1.5

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Formosan Union Chemical Corp 
3.4

Environmental

0.0

Social

1.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Koppers Holdings Inc
8.6
High
2Cabot Corp
8.4
High
.........
775Shenzhen Rayitek Hi-Tech Film Co Ltd
1.6
Low
775Ufaorgsintez PAO
1.6
Low
797Formosan Union Chemical Corp
1.5
Low
797Hanil Chemical Ind Co Ltd
1.5
Low
797Guangdong Rongtai Industry Co Ltd
1.5
Low
1040Yefremovskiy zavod sinteticheskogo kauchuka OAO
0.0
Low
1040Zaporiz'kyi Abrazyvnyi Kombinat PrAT
0.0
Low
.........
View the full peer group of 1299 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Formosan Union Chemical Corp have an accelerator or VC vehicle to help deliver innovation?

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Does Formosan Union Chemical Corp disclose current and historical energy intensity?

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Does Formosan Union Chemical Corp report the average age of the workforce?

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Does Formosan Union Chemical Corp reference operational or capital allocation in relation to climate change?

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Does Formosan Union Chemical Corp disclose its ethnicity pay gap?

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Does Formosan Union Chemical Corp disclose cybersecurity risks?

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Does Formosan Union Chemical Corp offer flexible work?

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Does Formosan Union Chemical Corp have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Formosan Union Chemical Corp disclose the number of employees in R&D functions?

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Does Formosan Union Chemical Corp conduct supply chain audits?

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Does Formosan Union Chemical Corp disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Formosan Union Chemical Corp conduct 360 degree staff reviews?

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Does Formosan Union Chemical Corp disclose the individual responsible for D&I?

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Does Formosan Union Chemical Corp disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Formosan Union Chemical Corp disclose current and / or historical scope 2 emissions?

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Does Formosan Union Chemical Corp disclose water use targets?

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Does Formosan Union Chemical Corp have careers partnerships with academic institutions?

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Did Formosan Union Chemical Corp have a product recall in the last two years?

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Does Formosan Union Chemical Corp disclose incidents of discrimination?

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Does Formosan Union Chemical Corp allow for Work Councils/Collective Agreements to be formed?

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Has Formosan Union Chemical Corp issued a profit warning in the past 24 months?

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Does Formosan Union Chemical Corp disclose parental leave metrics?

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Does Formosan Union Chemical Corp disclose climate scenario or pathway analysis?

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Does Formosan Union Chemical Corp disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Formosan Union Chemical Corp disclose the pay ratio of women to men?

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Does Formosan Union Chemical Corp support suppliers with sustainability related research and development?

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Does Formosan Union Chemical Corp disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Formosan Union Chemical Corp reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Formosan Union Chemical Corp involved in embryonic stem cell research?

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Does Formosan Union Chemical Corp disclose GHG and Air Emissions intensity?

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Does Formosan Union Chemical Corp disclose its waste policy?

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Does Formosan Union Chemical Corp report according to TCFD requirements?

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Does Formosan Union Chemical Corp disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Formosan Union Chemical Corp disclose energy use targets?

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Does Formosan Union Chemical Corp disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Formosan Union Chemical Corp have a policy relating to cyber security?

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Potential Risks for Formosan Union Chemical Corp
These potential risks are based on the size, segment and geographies of the company.

Formosan Union Chemical Corp. produces and sells chemical products in Taiwan. The company offers alkyl benzene, which is used as a raw material for detergents; nonyl phenol that is used as a basic raw material for surfactants rubbers and plastic anti-oxidant agents, etc., as well as specialty chemicals; and hydrogenated hydrocarbon resin, which is used as a raw material for the production of ethylene-vinyl acetate polymer EVA and thermal plastic rubber TPR series hot melt adhesives. It also provides FuSyn-22, a synthetic alkylate that is used as a primary base oil or blend stock for various synthetic automotive and industrial applications. In addition, the company manufacturing, rework, and buying/selling of hydrocarbon resin, polyester polyol, melamine resin, resin clay, urea resin, alkyd resin, acetate resin, butyric acid resin, aromatics solvent oil, alkyl benzene, and sulfonic acid; manufacturing and wholesale of petrochemical raw materials, synthetic resin, rubber and plastic, and other chemicals; manufactures sugar; manufactures and sells pesticides; and manufactures batteries and electronic components, as well as power generation, transmission, and distributing machines. Further, it engages in the selling/buying of electronic materials; thermal energy supply; wholesale of cleaning products, and electrical appliances and machines; machinery and equipment installation; buying/selling of machinery and equipment; distribution of liquefied petroleum gas; and provision of petrochemical engineering planning and design, and cylinder maintenance and inspection. The company was founded in 1973 and is headquartered in Taipei, Taiwan.

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