Franklin Electric
Franklin Electric Co., Inc., commonly referred to as Franklin Electric, is a leading global provider of water and fuel systems headquartered in the United States. Founded in 1944, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Specialising in the design and manufacture of pumps, motors, and controls, Franklin Electric is renowned for its innovative solutions that enhance efficiency and reliability in water and fuel management. The company’s core products, such as submersible pumps and fuel systems, are distinguished by their advanced technology and durability. With a commitment to quality and customer satisfaction, Franklin Electric has achieved a prominent market position, recognised for its contributions to the water and fuel industries. The company continues to set benchmarks in performance and sustainability, solidifying its reputation as a trusted partner in fluid management solutions.
DitchCarbon Score
How does Franklin Electric'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 Furniture 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
Franklin Electric's score of 23 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Franklin Electric's reported carbon emissions
In 2023, Franklin Electric reported total carbon emissions of approximately 4,656,120 kg CO2e, all of which fall under Scope 1 emissions. This represents a decrease from 5,861,850 kg CO2e in 2022, indicating a significant reduction in their carbon footprint. The company has set ambitious near-term reduction targets, aiming to lower their carbon emissions from 0.4 kg of carbon per tonne of iron in Q1 2022 to 0.18 kg per tonne by Q1 2023, achieving an overall reduction of about 55%. Franklin Electric's commitment to sustainability is evident in their focus on reducing emissions associated with their operations. While they have not disclosed Scope 2 or Scope 3 emissions data, their proactive measures in Scope 1 emissions demonstrate a clear intention to mitigate their environmental impact. The company continues to monitor and report on their emissions, aligning with industry standards for climate accountability.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 8,008,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | - | - | - | - |
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.
Franklin Electric is not participating in any 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.
