Essex Furukawa Magnet Wire LLC
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:231,707 MT CO2e (2022)
Scope 1 Emissions:86,769 tCO2e (2022)
Scope 2 Emissions:92,320 tCO2e (2022)
Scope 3 Emissions:1,300,682 tCO2e (2022)
Renewable Energy Share:10% (2022)
Total Energy Consumption:Not disclosed
Water Consumption:600,052 m3 (2022)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Carbon Reduction
- Renewable Energy
- Zero Waste to Landfill
- Supply Chain Transparency
- Responsible Sourcing
- Employee Well-being
- Community Investment
- Human Rights
- Diversity & Inclusion
Environmental Achievements
- 23% reduction in Scope 1 and 2 emissions in 2022 (compared to 2021 baseline)
- 10% renewable energy utilized in 2022
- 9 plants achieved Zero Waste to Landfill (ZWTL) status
- 25,374 MT recycled
- 80% of total supply chain surveyed for ESG impact
Social Achievements
- 17 communities served by social sustainability initiatives
- Employee volunteerism program with matching grants
- 53 customer surveys completed
- Staff-hours reduced by 4,576 by implementing supply chain tracking technology
Governance Achievements
- Established a Sustainability Leadership Council
- Reports to CDP and EcoVadis
- Participating in The Copper Mark and its Semis-Fabricator Pilot
- Aligned with 12 of the 17 UN SDGs
- Updated Supplier Code of Conduct and Sourcing Strategy
Climate Goals & Targets
Long-term Goals:
- Develop a Scope 3 carbon reduction goal
- 20% carbon reduction by 2030 (Scope 1 & 2)
Medium-term Goals:
- Continued investment in renewable energy
- Develop water reduction goals and action plan
Short-term Goals:
- Achieve ZWTL status at all plants in 2023 (third-party verified)
- Finalize LCA of select products
- Achieve The Copper Mark certification in 2024
Environmental Challenges
- Supply chain disruptions affecting recycling efforts
- High percentage of Scope 3 emissions from suppliers (76% in 2022)
Mitigation Strategies
- Partnership with Waybridge for supply chain optimization and predictive information
- Gathering and analyzing ESG data from key suppliers
- Collaboration with suppliers to improve ESG performance
- Investing in technology to improve logistics and reduce stockouts
Supply Chain Management
Supplier Audits: 80% of total supply chain surveyed (2022)
Responsible Procurement
- Supplier Code of Conduct
- Conflict Minerals Policy
- Sustainable Sourcing Policy
- The Copper Mark partnership
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: CDP, EcoVadis, Greenhouse Gas Protocol, UN SDGs
Certifications: ISO 14001-2015 (multiple plants), ISO 50001-2018/2011 (multiple plants), ISO 45001-2018 (multiple plants), The Copper Mark (pending 2024)
Third-party Assurance: Keramida, Inc.; ARCHE Advisors
UN Sustainable Development Goals
- Goal 3
- Goal 5
- Goal 7
- Goal 8
- Goal 9
- Goal 10
- Goal 11
- Goal 12
- Goal 13
- Goal 16
- Goal 17
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1,153,575 tCO2e/year (Scope 3)
Scope 1 Emissions:81,320 tCO2e/year
Scope 2 Emissions:81,782 tCO2e/year
Scope 3 Emissions:1,153,575 tCO2e/year
Renewable Energy Share:9%
Total Energy Consumption:2.138 MWh/MT (Total)
Water Consumption:200,918 m3/year (Consumption)
Waste Generated:43,331 tons/year (Recycled)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Carbon Reduction
- Renewable Energy
- Zero Waste to Landfill
- Water Conservation
- Responsible Sourcing
- Community Development
- Human Rights
- Supply Chain Sustainability
Environmental Achievements
- 29% reduction in Scope 1 and 2 carbon emissions in 2023 (compared to 2021 baseline)
- 70% reduction in Scope 3 emissions in 2023 (compared to 2021 baseline)
- 9 plants achieved Zero Waste to Landfill (ZWTL) status
- 9% renewable energy utilized in 2023 (compared to 2019 baseline)
Social Achievements
- 22 community development programs implemented
- 90% of total supply chain surveyed for ESG impact
- 43,331 MT recycled
Governance Achievements
- Updated Supplier Code of Conduct
- Three North American plants achieved The Copper Mark Assurance Process
Climate Goals & Targets
Long-term Goals:
- 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
- Maintain ZWTL operations globally by 2030
Medium-term Goals:
- 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
Short-term Goals:
- Complete three additional magnet wire product Life Cycle Assessments (LCA) by 2025
Environmental Challenges
- Supply chain disruptions
- Water scarcity
Mitigation Strategies
- Investment in technology to improve logistics and reduce stockouts
- Implementation of grey water projects and other water efficiency measures
- Revised Supplier Code of Conduct
Supply Chain Management
Supplier Audits: 40 suppliers surveyed, 90% of total spend represented
Responsible Procurement
- Updated Supplier Code of Conduct
- Partnership with The Copper Mark
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: Science Based Targets initiative (SBTi), Greenhouse Gas Protocol, CDP, EcoVadis, The Copper Mark, UN Sustainable Development Goals
Certifications: ISO 14001-2015 (multiple plants), ISO 50001-2018/2011 (multiple plants), ISO 45001-2018 (multiple plants), JISHA OSHMS (Kameyama plant)
Third-party Assurance: Keramida, Inc., ARCHE Advisors
UN Sustainable Development Goals
- Goal 3
- Goal 5
- Goal 6
- Goal 7
- Goal 8
- Goal 9
- Goal 10
- Goal 11
- Goal 12
- Goal 13
- Goal 16
- Goal 17
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed