Net Zero Emissions Strategy

FET's medium and long-term carbon reduction strategies center on three aspects: smart energy conservation, use of renewable energy, and energy storage. Coupled with FET's core competencies, the carbon reduction strategies go in line with the government policies on energy transformation and electricity industry reforms and are aimed at business opportunities arising from energy conservation technologies, energy storage, and smart grid and smart meter, as well as system integration.

Phased net-zero emissions goals:

  • Commitment to Achieve Net Zero in 2022
  • Pass SBT Short-Term Target (1.5℃) Review in 2023: Reduce Scope 1+2 and Scope 3 emissions by over 42% compared to 2021
  • FET formally joins RE100
  • 100% use of renewable energy in all IDC offices and stores in Taiwan
  • Reduce emissions by over 42%
  • The entire company expects to achieve 100% use of renewable energy
  • Achieve Company-wide Net Zero Emissions by 2048: Reduce Scope 1+2 and Scope 3 emissions by over 90% compared to 2021 (Long-term SBT target application in progress)
Net Zero Emission Reduction Plan
Scope 1 Scope 2
  • Electrification of Fuel Vehicles
  • Use of Low-Carbon Energy Fuels
  • Low Global Warming Potential Refrigerants
  • Water Mist Fire Suppression System
  • Self-establish Solar Power Plants
  • Procurement of Renewable Energy (Wind and Others)
  • Power System and Energy Storage
  • Continued Implementation of Energy Saving Measures
Scope 3 Remaining Emissions
  • Supply Chain Emissions Reduction
  • Carbon Reduction in Logistics
  • Carbon Capture, Utilization, and Storage
  • Afforestation and Reforestation Projects with Carbon Certification
  • Calculation and Attainment of Carbon Sequestration Benefits through
    Permeable Carbon Fixation Methods
  • Emission Reduction Activities or Investments Beyond the Value Chain
Three Pillars of FET's Medium and Long-term Carbon Reduction Strategies