Essex Furukawa
Essex Furukawa, a prominent player in the wire and cable industry, is headquartered in the United States and operates extensively across North America and beyond. Founded in 2018 through the merger of Essex Wire and Furukawa Electric's North American operations, the company has quickly established itself as a leader in the production of high-quality automotive and industrial cables. Specialising in advanced wire and cable solutions, Essex Furukawa offers a diverse range of products, including copper and aluminium wire, as well as innovative connectivity solutions. Their commitment to quality and sustainability sets them apart in a competitive market. With a strong focus on research and development, Essex Furukawa continues to achieve significant milestones, reinforcing its position as a trusted partner for customers in various sectors, including automotive, telecommunications, and renewable energy.
DitchCarbon Score
How does Essex Furukawa'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 Electricity from Other Sources 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
Essex Furukawa's score of 37 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Essex Furukawa's reported carbon emissions
In 2023, Essex Furukawa reported total carbon emissions of approximately 1,153,575,000 kg CO2e, with emissions distributed across all three scopes: 81,320,000 kg CO2e for Scope 1, 81,782,000 kg CO2e for Scope 2, and 1,153,575,000 kg CO2e for Scope 3. This represents a slight decrease from 2022, where total emissions were about 1,300,682,000 kg CO2e, with Scope 1 at 86,769,000 kg CO2e, Scope 2 at 92,320,000 kg CO2e, and Scope 3 at 1,300,682,000 kg CO2e. In 2021, the company reported even higher emissions, with a total of approximately 3,874,458,000 kg CO2e, including 94,965,000 kg CO2e for Scope 1 and 136,742,000 kg CO2e for Scope 2. Essex Furukawa has set ambitious climate commitments, aiming to reduce Scope 1 and Scope 2 emissions by 20% by 2030, starting from 2021 levels. Additionally, the company aspires for all new products and production methods developed at its global R&D Innovation Centre to be carbon neutral by 2050. These targets reflect a commitment to sustainability and align with industry standards for climate action. The emissions data reported by Essex Furukawa is cascaded from its parent company, Essex Furukawa Magnet Wire LLC, indicating a structured approach to emissions reporting within the corporate family.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 94,965,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 136,742,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,874,458,000 | 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.
Essex Furukawa is not participating in any 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.
