Altech Corporation Sustainability Profile
Altech Corporation, also known as Altech, is a prominent player in the technology sector, headquartered in Japan (JP). Founded in the early 2000s, the company has established itself as a leader in the development of advanced electronic components and systems, primarily serving the automotive and industrial automation industries. With a strong presence in Asia and expanding operations in Europe and North America, Altech is renowned for its innovative solutions, including high-performance sensors and control systems. These products are distinguished by their reliability and cutting-edge technology, catering to the evolving needs of modern industries. Altech's commitment to quality and innovation has earned it a significant market position, making it a trusted partner for businesses seeking to enhance efficiency and productivity. The company continues to achieve notable milestones, reinforcing its reputation as a forward-thinking leader in the electronic components market.
DitchCarbon Score
How does Altech Corporation'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 Business Services 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
Altech Corporation's score of 28 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Altech Corporation's reported carbon emissions
Altech Corporation, headquartered in Japan, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. The company has established a target to reduce its Scope 1 and Scope 2 emissions by 46% by the year 2030, using 2019 as the baseline year. This target has been validated through the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. While specific emissions data for the most recent year is not available, Altech's commitment to measure and reduce its Scope 3 emissions further demonstrates its dedication to comprehensive climate action. The targets are particularly noteworthy as they were approved via a streamlined validation route designed for small and medium-sized enterprises (SMEs), reflecting the company's proactive approach to sustainability within its sector of trading companies and distributors. Overall, Altech Corporation's climate commitments underscore its role in addressing climate change and contributing to a more sustainable future.
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Altech Corporation'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.
Altech Corporation 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.
