Foxconn Corporation Sustainability Profile
Foxconn Corporation, officially known as Hon Hai Precision Industry Co., Ltd., is a leading multinational electronics contract manufacturer headquartered in the United States. Established in 1974, Foxconn has grown to become a pivotal player in the technology sector, with major operational regions across Asia, Europe, and the Americas. Specialising in the production of consumer electronics, Foxconn is renowned for its assembly of products for prominent brands, including Apple, Sony, and Microsoft. The company’s unique capabilities in high-volume manufacturing and advanced automation set it apart in the competitive landscape. With a strong market position, Foxconn has achieved significant milestones, including being the largest employer in the private sector globally. Its commitment to innovation and efficiency continues to drive its success in the ever-evolving electronics industry.
DitchCarbon Score
How does Foxconn Corporation'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 Computer 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
Foxconn Corporation's score of 75 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Foxconn Corporation does not report specific carbon emissions figures, indicating a lack of recent emissions data. The company is a current subsidiary of Hon Hai Precision Industry Co., Ltd., which may influence its climate commitments and reporting practices. Foxconn Corporation has not outlined any specific reduction targets or initiatives in its current documentation. However, it is important to note that emissions data and climate commitments may be inherited from its parent company, Hon Hai Precision Industry Co., Ltd., which is known for its engagement in various sustainability initiatives, including participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). Given the absence of direct emissions data, Foxconn's climate commitments and performance may be aligned with the broader goals set by Hon Hai Precision Industry Co., Ltd. This includes potential targets for reducing greenhouse gas emissions across Scope 1, 2, and 3 categories, although specific figures and commitments have not been disclosed at this level. In summary, while Foxconn Corporation currently lacks specific emissions data and reduction targets, its climate strategy may be influenced by its parent company's initiatives and commitments in the sustainability arena.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 117,384,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 8,335,373,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - |
How Carbon Intensive is Foxconn Corporation's Industry?
How Carbon Intensive is Foxconn Corporation's Location?
Foxconn Corporation's Scope 3 Categories Breakdown
Foxconn Corporation's Scope 3 emissions, which decreased by 5% last year and increased by approximately 20% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 77% of Scope 3 emissions.
Top Scope 3 Categories
Foxconn Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Foxconn Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
