Public Profile

Veeco

Veeco Instruments Inc., commonly known as Veeco, is a leading provider of advanced manufacturing equipment headquartered in the United States. Founded in 1945, the company has established a strong presence in key operational regions, including Asia and Europe, focusing on the semiconductor, LED, and data storage industries. Veeco is renowned for its innovative solutions in molecular beam epitaxy (MBE), atomic layer deposition (ALD), and other precision manufacturing technologies. These core products are distinguished by their ability to enhance performance and efficiency in high-tech applications. With a commitment to excellence, Veeco has achieved significant milestones, positioning itself as a trusted partner for global manufacturers. The company’s dedication to research and development has solidified its market position, making it a pivotal player in the advancement of next-generation technologies.

DitchCarbon Score

How does Veeco'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.

24

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.

15

Industry Benchmark

Veeco's score of 24 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

77%

Veeco's reported carbon emissions

In 2022, Veeco reported total carbon emissions of approximately 8,100 kg CO2e for Scope 1, 2,280 kg CO2e for Scope 2, and 6,500 kg CO2e for Scope 3 emissions. This reflects a continued commitment to reducing their carbon footprint, particularly in Scope 1 and Scope 2 emissions, which have decreased from 10,620 kg CO2e and 2,160 kg CO2e in 2019, respectively. Over the years, Veeco has demonstrated a significant reduction in emissions, with Scope 1 emissions decreasing from 10,620 kg CO2e in 2019 to 8,100 kg CO2e in 2022, and Scope 2 emissions from 2,160 kg CO2e to 2,280 kg CO2e. Scope 3 emissions, which include business travel and employee commuting, also saw a reduction from 8,970 kg CO2e in 2019 to 6,500 kg CO2e in 2022. Despite these reductions, Veeco has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its sustainability practices and reducing its overall environmental impact as part of its operational strategy.

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Add to project
2019202020212022
Scope 1
10,620
0,000
0,000
0,000
Scope 2
2,160
0,000
0,000
0,000
Scope 3
1,710,970
000,000
0,000
0,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Veeco's primary industry is Furniture; other manufactured goods n.e.c. (36), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Veeco is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Veeco is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers