Fender Musical Instruments Corporation Sustainability Profile
Fender Musical Instruments Corporation, commonly known as Fender, is a leading American manufacturer of musical instruments and amplifiers, headquartered in the United States. Founded in 1946, Fender has become synonymous with electric guitars, bass guitars, and amplifiers, revolutionising the music industry with iconic products like the Stratocaster and Telecaster. With a strong presence in North America, Europe, and Asia, Fender continues to dominate the market, celebrated for its commitment to quality and innovation. The company’s unique blend of craftsmanship and cutting-edge technology has solidified its reputation among musicians worldwide. Notable achievements include collaborations with legendary artists and a robust portfolio of signature models, ensuring Fender remains at the forefront of the music industry.
DitchCarbon Score
How does Fender Musical Instruments Corporation'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 Recreation and Sports Services 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
Fender Musical Instruments Corporation's score of 30 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fender Musical Instruments Corporation's reported carbon emissions
In 2022, Fender Musical Instruments Corporation reported total carbon emissions of approximately 354,000,000 kg CO2e. This figure includes Scope 1 emissions of about 2,404,000 kg CO2e, primarily from stationary combustion (1,413,000 kg CO2e) and mobile combustion (991,000 kg CO2e). Scope 2 emissions totalled around 6,663,000 kg CO2e, with purchased electricity contributing significantly at 5,684,000 kg CO2e. The majority of their emissions stem from Scope 3, which accounted for approximately 349,753,000 kg CO2e, with the largest contributors being purchased goods and services (249,293,000 kg CO2e) and upstream transportation and distribution (43,678,000 kg CO2e). In 2021, Fender's emissions were slightly lower, with total emissions of about 352,000,000 kg CO2e, including Scope 1 emissions of 1,668,000 kg CO2e and Scope 2 emissions of 5,544,000 kg CO2e. Scope 3 emissions for that year were approximately 352,459,000 kg CO2e. Fender has not disclosed any specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. The absence of formal commitments suggests that while they are tracking emissions, they may not yet be actively pursuing industry-standard reduction initiatives such as those outlined by the Science Based Targets initiative (SBTi).
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 1,668,000 | 0,000,000 |
| Scope 2 | 5,544,000 | 0,000,000 |
| Scope 3 | 352,459,000 | 000,000,000 |
How Carbon Intensive is Fender Musical Instruments Corporation's Industry?
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Fender Musical Instruments Corporation's Scope 3 Categories Breakdown
Fender Musical Instruments Corporation's Scope 3 emissions, which decreased by 1% last year and decreased by approximately 1% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 71% of Scope 3 emissions.
Top Scope 3 Categories
Fender Musical Instruments Corporation'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.
Fender Musical Instruments Corporation 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.
