Formosa Plastics Corp.
Industry Group: Chemicals
Country/Region: Taiwan
Identifier: TAI:1301
Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in six reportable segments: Plastics Division, Polyolefins Division, Polypropylene Division, Tairylan Division, Chemistry Division, and Other Divisions. The company operates in Asia, including Taiwan, and mainland China, among others.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Chemicals 36 out of 585
Universe
Global Universe 4099 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Supreme Industries Ltd. |
19.6
Low
|
33 out of 585 |
Formosa Plastics Corp. |
19.7
Low
|
36 out of 585 |
Satellite Chemical Co., Ltd. |
33.3
High
|
358 out of 585 |
Zhejiang Juhua Co., Ltd. |
33.4
High
|
362 out of 585 |
ECOPRO Co., Ltd. |
38.2
High
|
493 out of 585 |
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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.
Formosa Plastics Corp.'s Exposure is Medium
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.
Formosa Plastics Corp.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Formosa Plastics 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 Plastics Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level