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 66% 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 reported total carbon emissions of approximately 47,408,000 kg CO2e from Scope 1 and Scope 2 combined. This includes 1,147,000 kg CO2e from Scope 1 and 46,261,000 kg CO2e from Scope 2. The company also disclosed significant Scope 3 emissions, totalling approximately 129,611,000 kg CO2e from the use of sold products, alongside other categories such as purchased goods and services (about 126,523,000 kg CO2e) and upstream transportation and distribution (approximately 10,740,000 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 has pledged to achieve carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. These targets reflect a proactive approach to addressing climate change and align with industry standards for sustainability. The emissions data is sourced directly from Foster Electric Company, Limited, with no cascaded data from parent or related organizations. The company is committed to transparency in its emissions reporting and reduction initiatives, demonstrating a clear pathway towards a more sustainable future.
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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 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.
