Public Profile

Franklin Energy

Franklin Energy, headquartered in the United States, is a leading provider in the energy efficiency and demand-side management industry. Founded in 2000, the company has established a strong presence across various operational regions, focusing on innovative solutions that drive sustainable energy practices. Specialising in energy efficiency programmes, demand response, and renewable energy initiatives, Franklin Energy distinguishes itself through its data-driven approach and commitment to customer engagement. The company has achieved notable milestones, including partnerships with numerous utilities and government agencies, enhancing its market position as a trusted advisor in energy management. With a portfolio that includes comprehensive energy assessments and tailored programme design, Franklin Energy continues to set benchmarks in the industry, contributing significantly to the transition towards a more sustainable energy future.

DitchCarbon Score

How does Franklin Energy'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.

28

Industry Average

Mean score of companies in the Electricity from Other Sources 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.

16

Industry Benchmark

Franklin Energy's score of 28 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

Franklin Energy's reported carbon emissions

In 2023, Franklin Energy reported total carbon emissions of approximately 3,058,980 kg CO2e from Scope 1, 549,230 kg CO2e from Scope 2, and about 1,817,264,430 kg CO2e from Scope 3 emissions. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were approximately 3,032,540 kg CO2e, while Scope 2 emissions decreased from 693,340 kg CO2e in 2022. Scope 3 emissions also saw a reduction from about 2,153,945,330 kg CO2e in 2022. In previous years, Franklin Energy's emissions were significantly higher, with Scope 1 emissions at approximately 2,613,140 kg CO2e in 2021 and 3,039,990 kg CO2e in 2019. Scope 2 emissions were reported at 545,610 kg CO2e in 2021 and 1,046,990 kg CO2e in 2019. Scope 3 emissions peaked at about 2,304,753,020 kg CO2e in 2019. Despite these figures, Franklin Energy has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The company continues to navigate its carbon footprint within the context of its operational practices and industry standards, focusing on reducing emissions where feasible.

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Add to project
2019202120222023
Scope 1
3,039,990
0,000,000
0,000,000
0,000,000
Scope 2
1,046,990
000,000
000,000
000,000
Scope 3
2,305,753,020
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Franklin Energy's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Franklin Energy is headquartered in US, which has a rank of low, indicating low grid carbon 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 Energy 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers