Public Profile

Advantech

Advantech Co., Ltd., a leading provider of embedded and automation solutions, is headquartered in Taiwan (TW) and operates globally across key regions including North America, Europe, and Asia. Founded in 1983, Advantech has established itself as a pioneer in the Industrial Internet of Things (IIoT) sector, focusing on smart manufacturing, intelligent transportation, and healthcare applications. The company offers a diverse range of products and services, including industrial computers, IoT gateways, and automation systems, all designed to enhance operational efficiency and connectivity. Advantech's commitment to innovation is evident in its extensive portfolio, which integrates cutting-edge technologies to meet the evolving needs of various industries. With a strong market position and numerous accolades, Advantech continues to drive advancements in industrial automation and IoT solutions, solidifying its reputation as a trusted partner for businesses worldwide.

DitchCarbon Score

How does Advantech'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.

33

Industry Average

Mean score of companies in the Motor Vehicle 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.

2

Industry Benchmark

Advantech's score of 33 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Advantech's reported carbon emissions

In 2023, Advantech reported total greenhouse gas emissions of approximately 32,282,800 kg CO2e, comprising 3,228,280 kg CO2e from Scope 1, 26,638,340 kg CO2e from Scope 2, and significant contributions from Scope 3 emissions, including 71,655,300 kg CO2e from the use of sold products. Advantech has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 60% per million NTD revenue by 2030, using 2019 as the baseline year. Additionally, the company targets a 49% reduction in Scope 3 emissions from the use of sold products, also relative to 2019 revenue levels. These targets align with the Science Based Targets initiative (SBTi) and are classified as consistent with efforts to limit global warming to well below 2°C. Overall, Advantech's commitment to reducing its carbon footprint reflects a proactive approach to climate change, positioning the company as a responsible player in the technology hardware and equipment sector.

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201820192020202120222023
Scope 1
1,941,800
0,000,000.0
0,000,000.0
0,000,000.0
0,000,000.0
0,000,000
Scope 2
28,666,880
00,000,000.0
00,000,000.0
00,000,000.0
00,000,000.0
00,000,000
Scope 3
-
-
-
-
-
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Advantech's primary industry is Motor vehicles, trailers and semi-trailers (34), which is medium 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. Advantech is headquartered in TW, which we do not have grid emissions data for.

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.

Advantech is committed to some 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

Where does DitchCarbon data come from?

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