Farasis Energy, Inc.
Farasis Energy, Inc., a leading player in the energy storage sector, is headquartered in the United States, with significant operations across Asia and Europe. Founded in 2009, the company has rapidly established itself as a key innovator in lithium-ion battery technology, catering primarily to the electric vehicle (EV) and renewable energy markets. Farasis Energy is renowned for its high-performance battery solutions, which are distinguished by their energy density, safety, and longevity. The company’s commitment to sustainability and advanced manufacturing processes has positioned it as a preferred partner for major automotive manufacturers and energy providers. With a focus on research and development, Farasis continues to achieve notable milestones, solidifying its market position as a trusted name in the evolving landscape of energy storage solutions.
DitchCarbon Score
How does Farasis Energy, Inc.'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 Electrical Machinery Manufacturing 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
Farasis Energy, Inc.'s score of 24 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Farasis Energy, Inc.'s reported carbon emissions
In 2022, Farasis Energy, Inc. reported total carbon emissions of approximately 424,786,000 kg CO2e, with emissions distributed across all three scopes: 36,660,000 kg CO2e (Scope 1), 418,506,000 kg CO2e (Scope 2), and 424,786,000 kg CO2e (Scope 3). This marked an increase in emissions compared to 2021, where total emissions were about 256,293,000 kg CO2e, with Scope 1 at 38,340,000 kg CO2e and Scope 2 at 146,676,000 kg CO2e. Farasis Energy has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company is actively engaged in the energy sector, which is under increasing pressure to reduce carbon footprints and enhance sustainability practices. As such, Farasis Energy's emissions data reflects the broader industry context of striving for lower emissions and improved environmental performance.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 28,243,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 228,050,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 123,270,000 | 000,000,000 | 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.
Farasis Energy, Inc. is not committed to any reduction initiatives 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.
