Furukawa Co Sustainability Profile
Furukawa Co., Ltd., commonly known as Furukawa, is a prominent player in the telecommunications and electrical equipment industry, headquartered in Japan. Established in 1884, the company has a rich history marked by innovation and growth, particularly in the fields of optical fibre, copper cables, and advanced electrical systems. With major operations across Asia and a strong presence in global markets, Furukawa is renowned for its cutting-edge products that enhance connectivity and efficiency. Their unique offerings, such as high-performance optical fibre solutions and energy-efficient electrical systems, set them apart in a competitive landscape. Furukawa's commitment to quality and sustainability has solidified its market position, making it a trusted partner for businesses seeking reliable and innovative solutions in telecommunications and electrical infrastructure.
DitchCarbon Score
How does Furukawa Co'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 Other Non-Ferrous Metal Products 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
Furukawa Co's score of 26 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Furukawa Co's reported carbon emissions
In 2023, Furukawa Co. reported total carbon emissions of approximately 712.5 million kg CO2e. This figure includes 6,766,000 kg CO2e from Scope 1 emissions, 19,271,000 kg CO2e from Scope 2 emissions, and 686,426,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions primarily stem from the use of sold products, accounting for about 675 million kg CO2e. Furukawa Co. has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 46% compared to fiscal year 2013 levels by 2030. Additionally, the company is targeting a 25% reduction in these emissions compared to fiscal year 2023 levels by 2030, with a long-term goal of achieving carbon neutrality by 2050. These initiatives align with the Paris Agreement and the Japanese government's climate targets. The emissions data is not cascaded from any parent organization, indicating that Furukawa Co. is independently reporting its emissions and climate commitments.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,636,000,000 | - | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Furukawa Co's Industry?
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Furukawa Co's Scope 3 Categories Breakdown
Furukawa Co's Scope 3 emissions, which increased by 5% last year and decreased by approximately 58% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Furukawa Co's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Furukawa Co has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
