Formosa Taffeta Co., Ltd.
Industry Group: Textiles & Apparel
Country/Region: Taiwan
Identifier: TAI:1434
Formosa Taffeta Co Ltd is a Taiwan-based company that is principally involved in the textile industry. The Company is engaged in fiber dyeing and finishing, manufacturing, and sales of curtains. The company's business segments include the first business segment, which is involved in the production and sale of woven, dyeing & finishing products, and management of overseas subsidiaries' plants; the cord fabric segment, which produces and offers tire cords; the gasoline segment, which offers gasoline and car washing, and Other segments. The company generates maximum revenue through the Gasoline segment.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Textiles & Apparel 95 out of 194
Universe
Global Universe 3543 out of 15104
What are the ESG Risk Ratings?
Notice: The information is provided as is, for informational, non-commercial purposes only, does not constitute investment advice and is subject to conditions available in our Legal Disclaimer. They are not directed to, or intended for distribution to or use by India-based clients or users and their distribution to Indian resident individuals or entities is not permitted. Usage of this information is not permitted in any way, unless otherwise agreed in writing. By way of exception, usage of this information is permitted to the non-India based rated subjects, limited to a single reference to the score on the rated subject’s sustainability webpage or CSR report, mentioning Sustainalytics as a source. For referencing Sustainalytics please consult the Company Guide.
Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Formosa Taffeta Co., Ltd. |
18.7
Low
|
95 out of 194 |
Jindal Worldwide Ltd. |
18.8
Low
|
99 out of 194 |
Gokaldas Exports Ltd. |
21.1
Medium
|
146 out of 194 |
Luyang Energy-Saving Materials Co., Ltd. |
23.4
Medium
|
174 out of 194 |
Huafu Fashion Co., Ltd. |
26.2
Medium
|
190 out of 194 |
For corporate professionals interested in direct competitor insights
Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
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 Taffeta Co., Ltd.'s Exposure is Low
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 Taffeta Co., Ltd.'s Management of ESG Material Risk is Average