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.
+15 vs industry average
Foster Electric’s score of 41 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Furniture Manufacturing has typical carbon intensity
Industry performance
The Furniture Manufacturing industry has reduced its overall emissions by 35% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Foster Electric's reported carbon emissions
In 2024, Foster Electric reported total carbon emissions of approximately 289.2 million kg CO2e. This figure includes Scope 1 emissions of about 1.4 million kg CO2e, Scope 2 emissions of approximately 46.3 million kg CO2e, and Scope 3 emissions amounting to about 289.2 million kg CO2e. The company has set ambitious climate commitments, aiming for carbon neutrality by 2050 and a significant reduction of absolute CO2 emissions by 50% by 2030 from a 2018 base year for both Scope 1 and Scope 2 emissions. Additionally, Foster Electric plans to reduce its absolute Scope 3 emissions by 15% by 2030 from the same base year. These targets reflect the company's commitment to sustainability and align with industry standards for climate action.
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Foster Electric’s Climate Goals (2030 & 2050)
7 goals2030
15% reduction in scope 3 upstream
Reduce absolute Scope 3 emissions 15% by 2030 from a FY2018 base year
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Foster Electric
Frequently asked questions
Common questions about Foster Electric’s sustainability data and climate commitments
Data year: 2024
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