Foster Electric Company, Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021-04 to 2022-03🗂️ Report periods on file: 2021-04 to 2022-03, 2020-04 to 2021-03, 2019-04 to 2020-03, 2018-04 to 2019-03, 2016-04 to 2017-03

In its 2021-04 to 2022-03 reporting, Foster Electric Company, Limited disclosed greenhouse gas emissions of 49.5K tCO2e/year (Scope 1+2). By scope: Scope 1: 1.2K tCO2e/year; Scope 2: 48.4K tCO2e/year; Scope 3: 340.5K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
49.5K tCO2e/year (Scope 1+2)
2021-04 to 2022-03
💧
Water Usage
189.6K m3/year
2021-04 to 2022-03
♻️
Waste
273.29 tons hazardous waste/year, 3,345.59 tons non-hazardous waste/year
2021-04 to 2022-03
⚙️
Energy Use
97.2K MWh/year
2021-04 to 2022-03

📊 Emissions by Scope (2021-04 to 2022-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.2K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.48.4K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).340.5K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2021-04 to 2022-0349.5K tCO2e/year (Scope 1+2)
2020-04 to 2021-0352.5K tCO2e/year (Scope 1 & 2)
2019-04 to 2020-0359.7K t-CO2e/year
2018-04 to 2019-0372.9K tCO2e/year
2016-04 to 2017-0390.8K t-CO2/year (Scope 1+2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce absolute Scope 1 & 2 CO2 emissions by 30% from 2018 base-year by 2025
  • Achieve 20% ratio of environmentally responsible car speakers by 2025
  • Achieve 100% ratio of toluene-free new mobile audio products by 2025
  • Increase female manager ratio (headquarters) to 30% by 2025
  • Increase ratio of overseas human resources (headquarters) to 30% by 2025

📅 Medium-term

  • Reduce absolute Scope 1 & 2 CO2 emissions by 50% from 2018 base-year by 2030
  • Reduce absolute Scope 3 CO2 emissions by 15% from 2018 base-year by 2030
  • Achieve 30% ratio of environmentally responsible car speakers by 2030

🔭 Long-term

  • Achieve carbon neutrality by 2050

🌱 ESG Focus Areas

Decarbonized SocietyResource RecyclingHarmony with NatureProduct Quality and SafetySupply Chain ManagementCreation of Exciting WorkplaceDiversity and InclusionGovernance Enhancement

⚠️ Challenges & Risks +

  • Supply chain disruptions due to the COVID-19 pandemic and geopolitical risks
  • Climate change related risks (transition risks, physical risks)
  • Maintaining high levels of compliance and risk management in a global operation

📋 Report Information

Reporting Period: 2021-04 to 2022-03
Frameworks: GRI Standards: Comprehensive option, UN Global Compact, TCFD Recommendations