Hon Hai Precision Industry Co., Ltd.
Hon Hai Precision Industry Co., Ltd., commonly known as Foxconn, is a leading multinational electronics manufacturer headquartered in Taiwan (TW). Founded in 1974, the company has established itself as a pivotal player in the global technology supply chain, with major operational regions across Asia, Europe, and the Americas. Specialising in the design and manufacturing of electronic products, Foxconn is renowned for its assembly of devices for prominent brands, including Apple, Sony, and Microsoft. The company’s unique capabilities in high-volume production and advanced automation have positioned it as a market leader in the electronics industry. Notable achievements include its role as the largest contract electronics manufacturer in the world, reflecting its significant influence and expertise in the sector.
DitchCarbon Score
How does Hon Hai Precision Industry 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 Communication Equipment 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.
Industry Benchmark
Hon Hai Precision Industry Co., Ltd.'s score of 42 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hon Hai Precision Industry Co., Ltd.'s reported carbon emissions
Hon Hai Precision Industry Co., Ltd., headquartered in Taiwan (TW), has set ambitious climate commitments despite not disclosing specific carbon emissions data. The company has pledged to achieve net-zero greenhouse gas emissions across its entire value chain by 2050, using 2020 as the baseline year. In the near term, Hon Hai aims to reduce its absolute greenhouse gas emissions by 42% across all scopes (Scope 1, 2, and 3) by 2030. This commitment aligns with the Science Based Targets initiative (SBTi) and is consistent with the reductions necessary to limit global warming to 1.5°C. For the long term, Hon Hai has set a target to reduce absolute Scope 1 and 2 emissions by 90% by 2050, alongside a similar 90% reduction for Scope 3 emissions. These initiatives reflect the company's dedication to sustainability and its proactive approach to addressing climate change within the technology hardware and equipment sector.
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.
Hon Hai Precision Industry 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.
