Furukawa Electric Co., Ltd.
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 37 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Furukawa Electric Co., Ltd.'s reported carbon emissions
In 2023, Furukawa Electric Co., Ltd. reported total greenhouse gas 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, which encompasses emissions from purchased goods and services, as well as the use of sold products. Furukawa Electric has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline 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 efforts to limit global warming to 1.5°C. Historically, the company has shown a commitment to sustainability, with previous targets set to reduce Scope 1 and 2 emissions by 46% by FY2030 from a FY2017 base year, and a 20% reduction in Scope 3 emissions by FY2030 from a FY2019 base year. These initiatives reflect Furukawa Electric's ongoing dedication to addressing climate change and minimising its carbon footprint in the electrical equipment and machinery sector.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 45,500,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 35,100,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Furukawa Electric Co., Ltd. is committed to some 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.
