Foxconn Interconnect Technology Sustainability Profile
Foxconn Interconnect Technology, often referred to as FIT, is a leading provider of advanced interconnect solutions headquartered in Taiwan (TW). Established in 2015, the company has rapidly expanded its operations across major regions, including Asia, Europe, and North America, solidifying its presence in the global electronics industry. Specialising in high-quality connectors, cable assemblies, and other interconnect products, FIT distinguishes itself through innovative design and manufacturing processes. The company has achieved significant milestones, including partnerships with major technology firms, which have bolstered its market position. With a commitment to excellence and a focus on research and development, Foxconn Interconnect Technology continues to set industry standards, making it a key player in the interconnect solutions sector. Its dedication to quality and customer satisfaction has earned it a reputation for reliability and performance in a competitive marketplace.
DitchCarbon Score
How does Foxconn Interconnect Technology'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 Electricity from Other Sources 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 Interconnect Technology's score of 61 is higher than 79% 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 Interconnect Technology's reported carbon emissions
In 2024, Foxconn Interconnect Technology (FIT) reported total carbon emissions of approximately 27,653,244 kg CO2e, comprising 13,778,620 kg CO2e from Scope 1 and 262,753,820 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2023, where emissions were about 23,916,290 kg CO2e, with Scope 1 emissions at 13,158,450 kg CO2e and Scope 2 emissions at 226,004,450 kg CO2e. The company has disclosed emissions data for Scope 1 and Scope 2 but has not reported any Scope 3 emissions. Notably, emissions data is cascaded from its parent company, Hon Hai Precision Industry Co., Ltd., indicating a corporate family relationship that influences its climate reporting. Despite the absence of specific reduction targets or initiatives, FIT is part of broader climate commitments through its parent company, which is involved in various sustainability initiatives, including RE100 and CA100. However, no specific reduction targets have been documented for FIT itself. Overall, while Foxconn Interconnect Technology has made strides in emissions reporting, the lack of defined reduction targets highlights an area for potential improvement in its climate strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 7,512,860 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 338,332,340 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | - | - |
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Foxconn Interconnect Technology'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 Interconnect Technology has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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