Formosa Petrochemical Corp.
Industry Group: Refiners & Pipelines
Country/Region: Taiwan
Identifier: TAI:6505
Formosa Petrochemical Corp engages in refining crude oil, selling refined petroleum products, and producing and selling olefins. The firm operates in two segments. The Petrochemical segment that derives majority revenue engages in producing and selling petroleum, and petrochemical products. The Public utility segment engages in producing and selling water, electricity, and steam. Its product offerings comprise gasoline, jet fuel, kerosene, fuel oil, asphalt, sulfur, lubricant, diesel, naphtha, and liquid petroleum gas.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Refiners & Pipelines 90 out of 194
Universe
Global Universe 12273 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Neste Corp. |
18.4
Low
|
5 out of 194 |
| ORLEN SA |
28.8
Medium
|
42 out of 194 |
| ENEOS Holdings, Inc. |
31.3
High
|
68 out of 194 |
| Abu Dhabi National Oil Co. for Distribution PJSC |
31.7
High
|
71 out of 194 |
| Formosa Petrochemical Corp. |
34
High
|
90 out of 194 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Formosa Petrochemical Corp.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Formosa Petrochemical Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
