Foxconn Sustainability Profile
Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd., is a leading multinational electronics manufacturer headquartered in Taiwan (TW). Established in 1974, Foxconn has grown to become a pivotal player in the global technology supply chain, with major operational regions in China, the United States, and several other countries. Specialising in the design and manufacturing of electronic components, Foxconn is renowned for its production of consumer electronics, including smartphones, tablets, and computers. The company is particularly noted for its partnerships with major brands, such as Apple, which has solidified its position as a key supplier in the industry. With a commitment to innovation and efficiency, Foxconn has achieved significant milestones, including the development of advanced manufacturing technologies. Its market position is underscored by its status as one of the largest employers in the world, reflecting its substantial impact on the global economy.
DitchCarbon Score
How does Foxconn'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 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.
Industry Benchmark
Foxconn's score of 79 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Foxconn's reported carbon emissions
In 2024, Foxconn reported total greenhouse gas emissions of approximately 2,421,127,000 kg CO2e for Scope 1 and about 1,073,630,000 kg CO2e for Scope 2. In 2023, emissions were approximately 258,108,000 kg CO2e for Scope 1 and about 127,936,000 kg CO2e for Scope 2. Notably, Foxconn has set ambitious targets to reduce its absolute Scope 1 and 2 emissions by 42% by 2030 and by 90% by 2050, using 2020 as the base year. Additionally, the company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. Foxconn's commitments include a near-term target to reduce Scope 3 emissions by 42% by 2030, alongside similar long-term goals for Scope 3 emissions reduction. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to addressing climate change comprehensively. The emissions data and reduction targets are sourced from Hon Hai Precision Industry Co., Ltd., the parent company of Foxconn, ensuring consistency in reporting and accountability.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 117,384,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 8,335,373,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - |
How Carbon Intensive is Foxconn's Industry?
How Carbon Intensive is Foxconn's Location?
Foxconn's Scope 3 Categories Breakdown
Foxconn's Scope 3 emissions, which decreased by 5% last year and increased by approximately 20% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 77% of Scope 3 emissions.
Top Scope 3 Categories
Foxconn's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Foxconn has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
