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 27 is higher than 81% 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, with 1,147,000 kg CO2e from Scope 1, 46,261,000 kg CO2e from Scope 2, and the remainder from Scope 3 emissions, primarily from purchased goods and services. This marks a slight increase in emissions compared to previous years, reflecting ongoing challenges in reducing carbon footprints across all scopes. Over the years, Foster Electric has shown fluctuations in its emissions. For instance, in 2022, the company emitted about 264,454,000 kg CO2e, with Scope 1 and 2 emissions totalling approximately 42,375,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate strategy. Foster Electric's emissions data highlights the importance of addressing both direct and indirect emissions, particularly in Scope 3, which constitutes a significant portion of their total emissions. As the company continues to navigate its climate commitments, a more robust approach to emissions reduction and transparency could enhance its sustainability profile in the industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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.
