Furukawa Electric Co., Ltd. Sustainability Profile
Furukawa Electric Co., Ltd., a prominent player in the global telecommunications and electrical equipment industry, is headquartered in Japan. Established in 1884, the company has evolved significantly, marking key milestones in innovation and technology. With a strong presence in Asia, Europe, and North America, Furukawa Electric excels in areas such as optical fibre, copper cables, and advanced materials. The company is renowned for its cutting-edge products, including high-performance optical fibre systems and energy-efficient electrical solutions, which set it apart in a competitive market. As a leader in the telecommunications sector, Furukawa Electric has garnered recognition for its commitment to quality and sustainability, solidifying its position as a trusted partner for businesses worldwide.
DitchCarbon Score
How does Furukawa Electric Co., Ltd.'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 Electric Co., Ltd.'s score of 41 is higher than 67% 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 Electric Co., Ltd.'s reported carbon emissions
In 2023, Furukawa Electric Co., Ltd. reported total carbon emissions of approximately 4,693,000,000 kg CO2e. This figure includes 147,000,000 kg CO2e from Scope 1 emissions, 346,000,000 kg CO2e from Scope 2 emissions, and a significant 4,200,000,000 kg CO2e from Scope 3 emissions. The total emissions for 2022 were about 5,029,000,000 kg CO2e, indicating a reduction in emissions year-on-year. Furukawa Electric has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by at least 42% by 2030, using 2021 as the base year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions from purchased goods and services and the use of sold products within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit global warming to 1.5°C. The company also aims for carbon neutrality by 2050, further demonstrating its commitment to addressing climate change. The emissions data and reduction targets are sourced directly from Furukawa Electric Co., Ltd., with no data cascaded from a parent or related organization.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 172,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 570,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 4,735,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Furukawa Electric Co., Ltd.'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 Electric Co., Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Common questions about Furukawa Electric Co., Ltd.'s sustainability data and climate commitments