Farasis Energy, Inc. Sustainability Profile
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 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Farasis Energy, Inc.'s reported carbon emissions
Farasis Energy, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Farasis Energy may not have established formal commitments to reduce its carbon footprint or may be in the early stages of developing such initiatives. In the context of the industry, many companies are increasingly adopting science-based targets and sustainability commitments to address climate change. However, without specific emissions data or reduction initiatives, it is challenging to assess Farasis Energy's position relative to its peers in the energy sector.
How Carbon Intensive is Farasis Energy, Inc.'s Industry?
How Carbon Intensive is Farasis Energy, Inc.'s Location?
Farasis Energy, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Farasis Energy, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
