Foster Electric, a prominent player in the furniture and manufactured goods sector, is headquartered in JP and operates across various regions. Established in [year founded], the company has carved a niche in producing innovative and high-quality furniture solutions, particularly in the realm of electrical and electronic components.
Renowned for its commitment to sustainability and design excellence, Foster Electric offers a diverse range of products that stand out for their functionality and aesthetic appeal. The company has achieved significant milestones, solidifying its market position as a leader in the industry. With a focus on customer satisfaction and continuous improvement, Foster Electric remains dedicated to delivering unique solutions that meet the evolving needs of its clientele.
+15 vs industry average
Foster Electric’s score of 42 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Foster Electric?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Furniture Manufacturing has above-average carbon intensity
Industry performance
The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Foster Electric's reported carbon emissions
Foster Electric, headquartered in Japan and operating within the Furniture and other manufactured goods n.e.c. industry, has reported significant carbon emissions and set forth ambitious climate commitments. For the reporting year 2024, the company's total calculated emissions were approximately 289.2 million kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
Delving into the breakdown for 2024:
- Scope 1 emissions totalled approximately 1.4 million kg CO2e.
- Scope 2 emissions amounted to around 46.3 million kg CO2e.
- Scope 3 emissions constituted the largest portion, with approximately 289.2 million kg CO2e. Key contributors within Scope 3 included downstream transportation and distribution (about 124.6 million kg CO2e) and purchased goods and services (about 127.9 million kg CO2e).
Looking at historical data:
- In 2023, total emissions were approximately 290.6 million kg CO2e.
- In 2022, total emissions were approximately 264.4 million kg CO2e.
- In 2021, total emissions were approximately 341.7 million kg CO2e.
- In 2020, total emissions were approximately 317.8 million kg CO2e.
- In 2019, total emissions were approximately 277.0 million kg CO2e.
- In 2018, total emissions were approximately 394.5 million kg CO2e (calculated as Scope 1 + Scope 2: 73.2 million kg CO2e and Scope 3: 321.3 million kg CO2e).
- In 2017, Scope 1 and 2 emissions were approximately 90.2 million kg CO2e, with Scope 3 data not fully disclosed.
- In 2016, Scope 1 and 2 emissions were approximately 90.9 million kg CO2e, with Scope 3 data not fully disclosed.
- In 2015, Scope 1 and 2 emissions were approximately 88.8 million kg CO2e, with Scope 3 data not fully disclosed.
- In 2014, Scope 1 and 2 emissions were approximately 91.0 million kg CO2e, with Scope 3 data not fully disclosed.
- In 2013, Scope 1 and 2 emissions were approximately 93.9 million kg CO2e, with Scope 3 data not fully disclosed.
- In 2012, Scope 1 and 2 emissions were approximately 89.4 million kg CO2e, with Scope 3 data not fully disclosed.
Foster Electric is committed to significant greenhouse gas emissions reductions. The company aims to achieve carbon neutrality by 2050. Near-term targets include a 50% reduction in absolute Scope 1 and 2 CO2 emissions by 2030, using a 2018 base year. Furthermore, Foster Electric is targeting a 15% reduction in absolute Scope 3 emissions by 2030, also based on a FY2018 base year. The company's efforts are aligned with industry standards, and its 2023 Integrated Report indicates progress towards these goals.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Foster Electric’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
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
View similar organisations
Foster Electric
Frequently asked questions
Common questions about Foster Electric’s sustainability data and climate commitments
Data year: 2024
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project