Essex Furukawa Magnet Wire LLC

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Essex Furukawa Magnet Wire LLC disclosed greenhouse gas emissions of 1.2M tCO2e/year (Scope 3). By scope: Scope 1: 81.3K tCO2e/year; Scope 2: 81.8K tCO2e/year; Scope 3: 1.2M 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
1.2M tCO2e/year (Scope 3)
2023
⚡
Renewable Energy
9%
of total energy
💧
Water Usage
200.9K m3/year (Consumption)
2023
♻️
Waste
43.3K tons/year (Recycled)
2023
⚙️
Energy Use
2.138 MWh/MT (Total)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).81.3K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.81.8K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.2M 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
20231.2M tCO2e/year (Scope 3)
2022231.7K MT CO2e (2022)

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

  • Complete three additional magnet wire product Life Cycle Assessments (LCA) by 2025

📅 Medium-term

  • Consider expanding The Copper Mark certification at other global locations
  • Continued investment in renewable energy
  • Program focus on social impact
  • Change reporting structure to meet international standards

🔭 Long-term

  • Scope 1 and 2: 22.5% carbon reduction by 2030
  • Scope 3: 22.5% carbon reduction by 2030
  • 32% renewable energy utilized by 2030
  • 10% energy reduction by 2030
  • 5% reduction in water usage by 2030

🌱 ESG Focus Areas

Carbon ReductionRenewable EnergyZero Waste to LandfillWater ConservationResponsible SourcingCommunity DevelopmentHuman RightsSupply Chain Sustainability

⚠️ Challenges & Risks +

  • Supply chain disruptions
  • Water scarcity

📋 Report Information

Reporting Period: 2023
Frameworks: Science Based Targets initiative (SBTi), Greenhouse Gas Protocol, CDP, EcoVadis, The Copper Mark, UN Sustainable Development Goals
Assurance: Keramida, Inc., ARCHE Advisors