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.
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.
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.
Franke's score of 47 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, Franke Group, headquartered in Switzerland (CH), reported total greenhouse gas emissions of approximately 25,075,000 kg CO2e, which includes 9,334,000 kg CO2e from Scope 1, 15,741,000 kg CO2e from Scope 2, and a significant 19,850,755,000 kg CO2e from Scope 3 emissions. This data highlights the company's substantial carbon footprint, particularly in Scope 3, which encompasses emissions from the use of sold products and upstream activities. Franke has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050, using 2020 as the baseline year. In the near term, the company targets a 56% reduction in absolute Scope 1 and 2 emissions by 2030. Additionally, Franke plans to reduce Scope 3 emissions from purchased goods, capital goods, and upstream transportation and distribution by 32.5% by 2033. These targets align with the Science Based Targets initiative (SBTi) and reflect Franke's commitment to sustainability and climate action within the consumer durables sector. The company also aims for 74% of its customers, based on emissions from the use of sold products, to have science-based targets by 2028. Long-term, Franke is committed to a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | 00,000,000 | - | 00,000,000 | 0,000,000 |
Scope 2 | 44,436,000 | 00,000,000 | 00,000,000 | 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 |
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 committed to some reduction initiatives 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.