Foxconn Electronics Inc. Sustainability Profile
Foxconn Electronics Inc., also known as Hon Hai Precision Industry Co., Ltd., is a leading global electronics manufacturer headquartered in the United States. Established in 1974, Foxconn has grown to become a pivotal player in the electronics industry, with major operational regions across Asia, Europe, and the Americas. Specialising in the design and manufacturing of electronic components, Foxconn is renowned for its production of consumer electronics, including smartphones, tablets, and computers. The company’s commitment to innovation and efficiency has positioned it as a key supplier for major tech giants, contributing significantly to its market dominance. With a reputation for high-quality manufacturing and advanced technology solutions, Foxconn continues to achieve notable milestones, solidifying its status as a cornerstone of the global supply chain in the electronics sector.
DitchCarbon Score
How does Foxconn Electronics Inc.'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 Research Services 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 Electronics Inc.'s score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Foxconn Electronics Inc.'s reported carbon emissions
In 2022, Foxconn Electronics Inc. reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 emissions and 282,600 kg CO2e from Scope 2 emissions. This data reflects the company's operational impact on climate change, with no reported Scope 3 emissions. Comparatively, in 2021, Foxconn's Scope 1 emissions were significantly higher at about 533,000,000 kg CO2e, indicating a substantial reduction in direct emissions over the year. However, the company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for more structured climate commitments. Foxconn's emissions data is not cascaded from any parent organisation, indicating that these figures are solely representative of its own operations. As the company continues to navigate its environmental responsibilities, further transparency and commitment to reduction targets will be essential in addressing its climate impact.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
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Foxconn Electronics Inc.'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 Electronics Inc. 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.
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