FARO Technologies Sustainability Profile
FARO Technologies, Inc., a leader in 3D measurement and imaging solutions, is headquartered in the United States, with significant operations across Europe and Asia. Founded in 1981, the company has established itself in the metrology and imaging industry, providing innovative products and services that enhance precision and efficiency in various sectors, including manufacturing, construction, and public safety. FARO's core offerings include portable 3D laser scanners, coordinate measuring machines, and software solutions that facilitate accurate data capture and analysis. Renowned for their user-friendly design and advanced technology, FARO's products stand out in the market, enabling clients to streamline workflows and improve project outcomes. With a strong market position and a commitment to innovation, FARO Technologies continues to achieve notable milestones, solidifying its reputation as a trusted partner in the realm of 3D measurement and imaging.
DitchCarbon Score
How does FARO Technologies'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 Machinery and Equipment 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
FARO Technologies's score of 25 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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FARO Technologies, headquartered in the US, has set ambitious climate commitments aimed at reducing its carbon footprint. The company has established a global goal to reduce its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 25% across all sites by the end of 2025, using 2019 emissions as a baseline. This target reflects a proactive approach to climate action, aligning with industry standards for sustainability. As of now, there is no specific emissions data available for FARO Technologies. However, the company's commitment to reducing emissions is significant, particularly as it cascades its climate initiatives from its parent company, AMETEK, Inc. This relationship underscores the importance of corporate responsibility in addressing climate change. FARO's reduction targets are part of a broader trend within the industry, where companies are increasingly recognising the need to mitigate their environmental impact. By focusing on both Scope 1 and Scope 2 emissions, FARO Technologies is taking a comprehensive approach to its sustainability efforts, which is essential for achieving long-term climate goals.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 28,400,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 98,500,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is FARO Technologies's Industry?
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FARO Technologies'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.
FARO Technologies 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.
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