Essex Furukawa, a prominent player in the electricity nec sector, is headquartered in the United States and operates extensively across North America and beyond. Founded in 2018, the company emerged from the merger of Essex Wire and Furukawa Electric, combining decades of expertise in wire and cable manufacturing.
Specialising in high-performance electrical products, Essex Furukawa offers a diverse range of solutions, including automotive wire harnesses and advanced connectivity systems. Their commitment to innovation and quality sets them apart in a competitive market.
With a strong focus on sustainability and technological advancement, Essex Furukawa has established itself as a leader in the industry, achieving significant milestones in product development and customer satisfaction. Their unique offerings cater to various sectors, ensuring they remain at the forefront of the electricity nec landscape.
0 vs industry average
Essex Furukawa’s score of 15 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 44% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Essex Furukawa's reported carbon emissions
Essex Furukawa, headquartered in the US and operating in the Electricity nec industry, is committed to reducing its environmental impact. In 2023, the company reported total global emissions of approximately 1.25 billion kg CO2e. This figure comprises approximately 81.32 million kg CO2e from Scope 1, about 81.78 million kg CO2e from Scope 2, and roughly 1.15 billion kg CO2e from Scope 3 emissions.
In 2022, Essex Furukawa's total global emissions were approximately 1.57 billion kg CO2e, with Scope 1 at about 86.77 million kg CO2e, Scope 2 at approximately 92.32 million kg CO2e, and Scope 3 at around 1.30 billion kg CO2e. The previous year, 2021, saw total global emissions of approximately 4.15 billion kg CO2e, including Scope 1 emissions of about 94.97 million kg CO2e, Scope 2 emissions of approximately 136.74 million kg CO2e, and a significant 3.87 billion kg CO2e from Scope 3.
Essex Furukawa has set clear reduction targets. The company aims to reduce its Scope 1 and Scope 2 emissions by 20% by 2030, based on 2021 levels. Looking further ahead, the company aspires to achieve carbon neutrality for all new products and production methods developed at its Global R&D Innovation Centre by 2050, encompassing both Scope 1 and Scope 2 emissions.
This emissions data is cascaded from Essex Furukawa Magnet Wire LLC, with Essex Furukawa being a current subsidiary at cascade level 2.
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Essex Furukawa’s Climate Goals (2030 & 2050)
4 goals2030
20% reduction in Scope 2
当社では、2030 年までにスコープ 1/スコープ 2の排出量を 20% 削減するという目標の達成を目指しています。
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Essex Furukawa
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