Encore Wire Corporation
Encore Wire Corporation, headquartered in the United States, is a leading manufacturer in the electrical wire and cable industry. Founded in 1989, the company has established itself as a key player, particularly in the production of copper and aluminium building wire, which serves a diverse range of applications from residential to commercial construction. With major operations across the US, Encore Wire is renowned for its commitment to quality and innovation, offering a comprehensive portfolio of products that includes low-voltage and high-voltage wire solutions. The company’s state-of-the-art manufacturing facilities and dedication to sustainability set it apart in a competitive market. Encore Wire's notable achievements include significant growth in market share and recognition for its exceptional customer service. As a trusted supplier, Encore Wire Corporation continues to shape the future of electrical wiring with its reliable and efficient products.
DitchCarbon Score
How does Encore Wire Corporation'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 Business Services 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
Encore Wire Corporation's score of 41 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Encore Wire Corporation's reported carbon emissions
In 2023, Encore Wire Corporation reported total carbon emissions of approximately 130,000,000 kg CO2e. This figure includes 50,217,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 19,843,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions amounted to about 70,060,000 kg CO2e, primarily driven by the use of sold products, which accounted for 65,239,000 kg CO2e. Comparatively, in 2022, Encore Wire's total emissions were approximately 126,000,000 kg CO2e, with Scope 1 emissions at 47,343,000 kg CO2e, Scope 2 emissions at 18,170,000 kg CO2e, and Scope 3 emissions at 65,513,000 kg CO2e. This indicates a slight increase in emissions from 2022 to 2023. Encore Wire has committed to near-term climate targets, although specific reduction targets have not been disclosed. The company is actively engaged in climate initiatives, reflecting its commitment to addressing carbon emissions within the trading and distribution sector. However, it has not yet set a net-zero target.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 47,343,000 | 00,000,000 |
| Scope 2 | 18,170,000 | 00,000,000 |
| Scope 3 | 65,513,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Encore Wire Corporation is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
