Advanced Energy Industries, Inc.
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 and has made a near-term commitment to climate action, although specific reduction targets have not been detailed. The company operates within the semiconductor and semiconductor equipment sector and is based in the United States. As part of its climate strategy, Advanced Energy is aligned with the Science Based Targets initiative (SBTi), indicating a commitment to setting science-based emissions reduction targets. However, no long-term net-zero targets or specific reduction initiatives have been publicly outlined as of now. Overall, Advanced Energy Industries, Inc. is taking steps towards sustainability, focusing on transparency in emissions reporting and commitment to future climate goals.
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| 2023 | |
|---|---|
| Scope 1 | 1,669,000 |
| Scope 2 | 37,971,000 |
| 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.
Advanced Energy Industries, Inc. 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.
