Foster Electric
Foster Electric, a leading name in the electrical equipment industry, is headquartered in JP and has established a strong presence across various operational regions. Founded in 1948, the company has consistently innovated in the design and manufacturing of high-quality electrical components, including transformers, switchgear, and control systems. Foster Electric is renowned for its commitment to precision engineering and reliability, setting it apart from competitors. With a focus on sustainability and energy efficiency, the company has achieved significant milestones, including numerous industry awards for excellence in product development. As a trusted partner in the electrical sector, Foster Electric continues to enhance its market position through cutting-edge technology and exceptional customer service, making it a preferred choice for businesses seeking dependable electrical solutions.
DitchCarbon Score
How does Foster Electric'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 Furniture 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
Foster Electric's score of 33 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Foster Electric's reported carbon emissions
In 2023, Foster Electric reported total carbon emissions of approximately 290,646,000 kg CO2e, comprising 1,147,000 kg CO2e from Scope 1 and 46,261,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, which totalled about 290,646,000 kg CO2e, indicating a comprehensive approach to understanding its carbon footprint across all operational areas. Over the years, Foster Electric has shown fluctuations in its emissions. For instance, in 2013, the total emissions were approximately 93,948,000 kg CO2e, with Scope 1 emissions at 2,403,000 kg CO2e and Scope 2 at 91,545,000 kg CO2e. By 2022, the total emissions had decreased to about 42,375,000 kg CO2e, reflecting ongoing efforts to manage and reduce their carbon output. Despite these figures, Foster Electric has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may suggest an opportunity for the company to enhance its sustainability strategy and align with industry standards for climate action. Overall, while Foster Electric has made strides in tracking its emissions, the absence of clear reduction targets highlights a potential area for growth in its climate commitments.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,198,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 87,232,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Foster Electric 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.
