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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.
-1 vs industry average
Essex Furukawa’s score of 15 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Essex Furukawa, headquartered in the US and operating in the Electricity nec industry, reported global emissions for 2023 totalling approximately 1.24 billion kg CO2e. This figure comprises 81.32 million kg CO2e of Scope 1 emissions, 81.78 million kg CO2e of Scope 2 emissions, and 1.15 billion kg CO2e of Scope 3 emissions.
For 2022, Essex Furukawa's global emissions amounted to approximately 1.57 billion kg CO2e, including 86.77 million kg CO2e (Scope 1), 92.32 million kg CO2e (Scope 2), and 1.30 billion kg CO2e (Scope 3).
In 2021, the company's global emissions were approximately 4.15 billion kg CO2e, with Scope 1 emissions at 94.97 million kg CO2e, Scope 2 at 136.74 million kg CO2e, and Scope 3 at 3.87 billion kg CO2e.
Essex Furukawa has set a near-term target to reduce Scope 1 and Scope 2 emissions by 20% by 2030, with a 2021 baseline. Long-term, the company aims for all new products and production methods developed at its Global R&D Innovation Center to be carbon neutral by 2050, with commitments covering Scope 1 and Scope 2.
The emissions data is cascaded from its parent, Essex Furukawa Magnet Wire LLC.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.
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