Public Profile

Futong Group Co., Ltd.

Futong Group Co., Ltd., a prominent player in the telecommunications and electrical industries, is headquartered in China (CN). Established in 1993, the company has grown significantly, expanding its operations across various regions, including Asia and Europe. Futong Group is renowned for its innovative solutions in fibre optic cables, electrical wires, and related products, which are distinguished by their high quality and reliability. With a commitment to technological advancement, Futong Group has achieved notable milestones, including numerous industry certifications and awards. The company’s strategic focus on research and development has solidified its market position, making it a trusted partner for clients seeking cutting-edge telecommunications infrastructure. Through its dedication to excellence, Futong Group continues to set benchmarks in the industry, driving progress and connectivity worldwide.

DitchCarbon Score

How does Futong Group 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.

25

Industry Average

Mean score of companies in the Electrical Machinery 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.

21

Industry Benchmark

Futong Group Co., Ltd.'s score of 25 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

Futong Group Co., Ltd.'s reported carbon emissions

In 2023, Futong Group Co., Ltd. reported total carbon emissions of approximately 3,225,520 kg CO2e, a reduction from about 4,887,350 kg CO2e in 2022. The emissions breakdown for 2023 includes 123,880 kg CO2e from Scope 1 and 3,101,640 kg CO2e from Scope 2. This indicates a significant decrease in emissions, reflecting the company's ongoing commitment to reducing its carbon footprint. Futong Group has disclosed emissions data for Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. The company has not set specific reduction targets or climate pledges, which may limit its ability to align with industry standards for climate action. However, the overall intensity of greenhouse gas emissions per employee decreased from 27,610 kg CO2e in 2022 to 18,750 kg CO2e in 2023, showcasing an improvement in operational efficiency. Futong Group's headquarters is located in China, and its revenue for 2023 was approximately USD 5.41 billion. The company continues to navigate the challenges of climate commitments within the context of its industry, focusing on reducing its operational emissions while enhancing sustainability practices.

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20222023
Scope 1
125,650
000,000
Scope 2
4,761,700
0,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Futong Group Co., Ltd.'s primary industry is Electrical machinery and apparatus n.e.c. (31), which is low 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. Futong Group Co., Ltd. is headquartered in CN, which we do not have grid emissions data for.

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.

Futong Group Co., Ltd. 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
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

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