Franke

Franke's reported carbon emissions

Franke, headquartered in Switzerland and operating in the basic iron and steel industry, has demonstrated a commitment to reducing its carbon footprint. In 2024, the company reported significant Scope 1, 2, and 3 emissions, totalling approximately 4.2 billion kg CO2e. This includes Scope 1 emissions of about 8.6 million kg CO2e, Scope 2 emissions of approximately 16.7 million kg CO2e, and substantial Scope 3 emissions reaching about 39.3 billion kg CO2e. In 2023, Franke's total emissions were approximately 2.04 billion kg CO2e. The breakdown for this year included Scope 1 emissions of about 9.3 million kg CO2e and Scope 2 emissions of roughly 17.8 million kg CO2e. Franke has established ambitious climate targets. The company aims for net-zero emissions across its entire value chain by 2050, with a specific focus on production. They have set a near-term goal to reduce absolute Scope 1 and 2 greenhouse gas emissions by 56.0% by 2030, using 2020 as the baseline year. Furthermore, Franke is committed to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050, also from a 2020 base year. Beyond Scope 1 and 2, Franke is also targeting a reduction in absolute Scope 3 GHG emissions. This includes emissions from purchased goods and services, capital goods, and upstream transportation and distribution, with a goal of a 32.5% reduction by 2033, also based on a 2020 baseline. Some of Franke's emissions data is cascaded from Franke Holding AG.