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 43 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Foster Electric's reported carbon emissions
In 2023, Foster Electric, headquartered in JP, reported total carbon emissions of approximately 1147000 kg CO2e for Scope 1 and about 46261000 kg CO2e for Scope 2. The company’s Scope 3 emissions were significantly higher, with notable contributions from the use of sold products (129611000 kg CO2e) and purchased goods and services (126523000 kg CO2e). The total emissions for Scope 1 and 2 combined reached about 47408000 kg CO2e. Foster Electric has set ambitious climate commitments, aiming to reduce absolute CO2 emissions by 50% by 2030 from a 2018 baseline for both Scope 1 and Scope 2 emissions. Additionally, the company aspires to achieve carbon neutrality by 2050 across all scopes. These targets reflect a proactive approach to mitigating climate impact and align with industry standards for sustainability. The company’s emissions data is independently reported and does not cascade from any parent organization. Foster Electric is committed to transparency and accountability in its climate initiatives, ensuring that its strategies are in line with global efforts to combat climate change.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | - | - | 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 participating in any of the initiatives that 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.
