Advanced Energy Industries, Inc. Sustainability Profile
Advanced Energy Industries, Inc., commonly referred to as Advanced Energy, is a leading provider of precision power conversion solutions headquartered in the United States. Founded in 1981, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Specialising in the semiconductor, solar, and industrial markets, Advanced Energy offers a diverse range of core products and services, including power supplies, thermal management systems, and instrumentation. Their innovative technologies are designed to enhance energy efficiency and performance, setting them apart in a competitive landscape. With a commitment to quality and sustainability, Advanced Energy has achieved significant milestones, positioning itself as a trusted partner for customers seeking reliable power solutions. The company’s dedication to advancing energy technologies has solidified its reputation as a market leader in the power conversion industry.
DitchCarbon Score
How does Advanced Energy Industries, Inc.'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 Electrical Machinery 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
Advanced Energy Industries, Inc.'s score of 27 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Advanced Energy Industries, Inc.'s reported carbon emissions
In 2023, Advanced Energy Industries, Inc. reported total carbon emissions of approximately 39,641,000 kg CO2e, which includes 1,669,000 kg CO2e from Scope 1 emissions and 37,971,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Advanced Energy is committed to reducing its carbon footprint, with a near-term target status classified as "Committed" under the Science Based Targets initiative (SBTi). While specific reduction targets have not been detailed, the company is actively engaged in climate commitments within the semiconductor and semiconductor equipment sector, headquartered in the United States. The emissions data reflects the company's ongoing efforts to address climate change and enhance sustainability practices, aligning with industry standards for emissions reporting and reduction initiatives.
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| 2023 | |
|---|---|
| Scope 1 | 1,669,000 |
| Scope 2 | 37,971,000 |
| Scope 3 | - |
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Advanced Energy Industries, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Advanced Energy Industries, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Advanced Energy Industries, Inc.'s sustainability data and climate commitments