Franke
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.
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.
Industry Benchmark
Franke's score of 43 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Franke's reported carbon emissions
In 2023, Franke Group reported total greenhouse gas emissions of approximately 25,075,000 kg CO2e globally, which includes 9,334,000 kg CO2e from Scope 1 and 15,741,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, amounting to about 19,850,755,000 kg CO2e, primarily from the use of sold products and capital goods. 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. Additionally, Franke is committed to reducing its absolute Scope 1 and 2 emissions by 90% by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and are cascaded from its parent company, Franke Holding AG. The company is also transitioning to renewable energy sources, with its production site in Aarburg already achieving CO2 neutrality through hydroelectric power and other sustainable practices. Overall, Franke's climate strategy reflects a strong commitment to sustainability and significant reductions in carbon emissions, positioning the company as a responsible player in the consumer durables sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| 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
Location emissions intensity
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.
