Furukawa Electric Co., Ltd.
Furukawa Electric Co., Ltd., a prominent player in the global telecommunications and electrical equipment industry, is headquartered in Japan. Established in 1884, the company has evolved significantly, marking key milestones in innovation and technology. With a strong presence in Asia, Europe, and North America, Furukawa Electric excels in areas such as optical fibre, copper cables, and advanced materials. The company is renowned for its cutting-edge products, including high-performance optical fibre systems and energy-efficient electrical solutions, which set it apart in a competitive market. As a leader in the telecommunications sector, Furukawa Electric has garnered recognition for its commitment to quality and sustainability, solidifying its position as a trusted partner for businesses worldwide.
DitchCarbon Score
How does Furukawa Electric Co., Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Other Non-Ferrous Metal Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Furukawa Electric Co., Ltd.'s score of 44 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Furukawa Electric Co., Ltd.'s reported carbon emissions
In 2023, Furukawa Electric Co., Ltd. reported total carbon emissions of approximately 4,693,000,000 kg CO2e. This figure includes 147,000,000 kg CO2e from Scope 1 emissions, 346,000,000 kg CO2e from Scope 2 emissions, and a significant 4,200,000,000 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its greenhouse gas emissions, setting ambitious targets through the Science Based Targets initiative (SBTi). Furukawa Electric aims to achieve a 42% reduction in absolute Scope 1 and 2 emissions by 2030, using 2021 as the base year. Additionally, the company has committed to a 25% reduction in Scope 3 emissions, specifically from purchased goods and services and the use of sold products, also by 2030. These targets align with the goal of limiting global warming to 1.5°C. In previous years, Furukawa Electric's emissions were recorded at approximately 5,120,000,000 kg CO2e in 2021, 4,808,000,000 kg CO2e in 2020, and 5,477,000,000 kg CO2e in 2019, indicating a trend towards emission reduction. The company is actively working to enhance its sustainability practices and reduce its carbon footprint across all scopes of emissions.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 172,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 570,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 4,735,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Furukawa Electric Co., Ltd. is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
