Franklin Electric
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Franklin Electric's score of 18 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Franklin Electric's reported carbon emissions
In 2023, Franklin Electric reported carbon emissions of approximately 4,656,120 kg CO2e, primarily from Scope 1 emissions, which include direct emissions from stationary combustion. This figure represents a reduction from 5,860,630 kg CO2e in 2022, indicating a positive trend in their efforts to lower their carbon footprint. Over the past few years, Franklin Electric's emissions have fluctuated, with 2022 emissions at about 5,860,630 kg CO2e, 2021 at approximately 5,183,000 kg CO2e, and 2020 at around 4,321,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for more structured commitments in addressing climate change. Overall, while Franklin Electric has made strides in reducing its emissions, the absence of formal reduction targets highlights an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
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| 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 | - | - | - | - | - |
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.
Franklin Electric is not committed to any 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.
