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Public Profile
Iron and Steel Production
CH
updated 25 days ago

Franke

Company website

Franke, officially known as Franke Group, is a leading global provider of kitchen systems and foodservice solutions, headquartered in Switzerland (CH). Established in 1911, the company has evolved significantly, marking key milestones in innovation and design within the industry. With a strong presence in Europe, North America, and Asia, Franke excels in creating high-quality kitchen sinks, taps, and foodservice equipment. Renowned for their commitment to sustainability and functionality, Franke's products stand out due to their superior craftsmanship and innovative technology. The company has garnered a solid market position, recognised for its dedication to enhancing the culinary experience. With a rich heritage and a focus on customer-centric solutions, Franke continues to shape the future of kitchen and foodservice design.

DitchCarbon Score

How does Franke'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.

43

Industry Average

Mean score of companies in the Iron and Steel Production 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.

13

Industry Benchmark

Franke's score of 43 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

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Franke's reported carbon emissions

In 2023, Franke Group reported significant carbon emissions, totalling approximately 25,075,000 kg CO2e across Scope 1 and Scope 2. This includes 9,334,000 kg CO2e from Scope 1 and 15,741,000 kg CO2e from Scope 2 emissions. Additionally, their Scope 3 emissions were substantial, reaching about 19,850,755,000 kg CO2e, primarily driven by the use of sold products (approximately 18,553,038,000 kg CO2e). Franke has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050, with a base year of 2020. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 56% by 2030 and to cut Scope 3 emissions from purchased goods and services, capital goods, and upstream transportation and distribution by 32.5% by 2033. Furthermore, Franke is committed to reducing its absolute Scope 1 and 2 emissions by 90% by 2050. These targets are part of a broader strategy to transition to renewable energy sources, including hydro power and photovoltaic systems, particularly at their production site in Aarburg, which is already CO2-neutral. The emissions data and targets are cascaded from their parent company, Franke Holding AG, which oversees these sustainability initiatives.

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2017201820192020202120222023
Scope 1
-
-
-
-
-
00,000,000
0,000,000
Scope 2
44,436,000
00,000,000
00,000,000
-
-
00,000,000
00,000,000
Scope 3
-
-
-
00,000,000,000
00,000,000,000
-
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Franke's primary industry is Basic iron and steel and of ferro-alloys and first products thereof, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Franke is in CH, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Franke is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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