Franklin Electric Co., Inc., commonly referred to as Franklin Electric, is a leading global provider of water and fuel systems headquartered in the United States. Founded in 1944, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Specialising in the design and manufacture of pumps, motors, and controls, Franklin Electric is renowned for its innovative solutions that enhance efficiency and reliability in water and fuel management. The company’s core products, such as submersible pumps and fuel systems, are distinguished by their advanced technology and durability. With a commitment to quality and customer satisfaction, Franklin Electric has achieved a prominent market position, recognised for its contributions to the water and fuel industries. The company continues to set benchmarks in performance and sustainability, solidifying its reputation as a trusted partner in fluid management solutions.
How does Franklin Electric'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 Furniture Manufacturing 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.
Franklin Electric's score of 23 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Franklin Electric reported total carbon emissions of approximately 4,656,120 kg CO2e, with all emissions classified under Scope 1. This represents a decrease from 5,861,850 kg CO2e in 2022, indicating a significant reduction in their carbon footprint. The company has set ambitious near-term reduction targets, aiming to lower their carbon emissions from 0.4 kg carbon per tonne of iron in Q1 2022 to 0.18 kg carbon per tonne of iron by Q1 2023, achieving an overall reduction percentage of 55%. Franklin Electric's emissions data is not cascaded from any parent company, and all reported figures are derived directly from their own disclosures. The company is actively working towards enhancing its sustainability practices, although specific Scope 2 and Scope 3 emissions data have not been disclosed. Their commitment to reducing carbon intensity reflects a proactive approach to addressing climate change within the industry.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 8,008,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | - | - | - | - | - |
Scope 3 | - | - | - | - | - |
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.
Franklin Electric is not participating in any 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.