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Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd., is a leading player in the electrical machinery and apparatus sector, specifically classified under industry code 31. Headquartered in Taiwan (TW), Foxconn operates extensively across Asia, Europe, and the Americas, solidifying its presence in the global market.
Founded in 1974, Foxconn has achieved significant milestones, including partnerships with major technology firms. The company is renowned for its manufacturing prowess, particularly in electronics, producing components for smartphones, computers, and other consumer devices. Its commitment to innovation and efficiency sets it apart in a competitive landscape.
With a strong market position, Foxconn is recognised for its scale and reliability, making it a preferred partner for many leading brands. The company's unique blend of advanced technology and skilled workforce continues to drive its success in the ever-evolving electrical machinery industry.
61
DitchCarbon score
+30 vs industry average
Foxconn’s score of 61 is higher than 74% 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
High
Electrical Machinery Manufacturing has above-average carbon intensity
Industry performance
0.315
20182025
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Foxconn's reported carbon emissions
Foxconn, headquartered in Taiwan, reported Scope 1 emissions of approximately 341.47 million kg CO2e, Scope 2 emissions (market-based) of approximately 2.27 billion kg CO2e, and Scope 3 emissions of approximately 20.27 billion kg CO2e in 2024.
The company has set Science Based Targets initiative (SBTi) approved targets. Foxconn is committed to reaching net-zero greenhouse gas emissions across its value chain by 2050 from a 2020 base year. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2020 base year. Additionally, Foxconn aims to reduce absolute Scope 3 GHG emissions by 42% within the same timeframe. Long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions and a 90% reduction in absolute Scope 3 GHG emissions by 2050, also from a 2020 base year.
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Foxconn’s Climate Goals (2030 & 2050)
3 goals2030
42% reduction in Scope 2
HON HAI PRECISION INDUSTRY CO., LTD. commits to reduce absolute scope 2 GHG emissions 42% by 2030 from a 2020 base year.
On track42%
2050
HON HAI PRECISION INDUSTRY CO
HON HAI PRECISION INDUSTRY CO., LTD. commits to reach net-zero greenhouse gas emissions across the value chain by 2050 from a 2020 base year…
At risk0%
2030
42% reduction in Scope 1
HON HAI PRECISION INDUSTRY CO., LTD. commits to reduce absolute scope 1 GHG emissions 42% by 2030 from a 2020 base year.
Behind target42%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
2040 targetSee details
Active
Climate Action 100
See details
Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Foxconn2 months ago
61
Frequently asked questions
Common questions about Foxconn’s sustainability data and climate commitments
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