Foxconn

Foxconn's reported carbon emissions

Foxconn, headquartered in Taiwan and operating in the electrical machinery and apparatus sector, reported approximately 20.27 billion kg CO2e for Scope 3 emissions in 2024, alongside Scope 1 emissions of about 341.47 million kg CO2e and Scope 2 emissions (market-based) of approximately 2.27 billion kg CO2e. For the same year, their total combined Scope 1, 2, and 3 emissions were approximately 93.12 billion kg CO2e. In 2023, Scope 3 emissions were approximately 20.23 billion kg CO2e, Scope 1 emissions were around 326.21 million kg CO2e, and Scope 2 emissions were about 2.38 billion kg CO2e. Foxconn has committed to significant climate targets, aiming for net zero by 2050. As part of their near-term goals, they aim to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2020 as a base year. They also commit to a 42% reduction in absolute Scope 3 GHG emissions within the same timeframe. Furthermore, Foxconn has set long-term targets to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 and absolute Scope 3 GHG emissions by 90% by 2050, both from a 2020 baseline. These targets are validated by the Science Based Targets initiative (SBTi) and align with a 1.5°C warming pathway.