Avid Technology, Inc.
Avid Technology, Inc., a leading name in the media and entertainment industry, is headquartered in the United States. Founded in 1987, Avid has established itself as a pioneer in digital media solutions, particularly in audio and video production. The company is renowned for its flagship products, including Pro Tools and Media Composer, which are widely used by professionals for their unique capabilities in sound and video editing. With a strong presence in North America and Europe, Avid serves a diverse clientele ranging from independent creators to major studios. The company has achieved significant milestones, including numerous awards for innovation in media technology. Avid's commitment to empowering creators with cutting-edge tools solidifies its position as a market leader, making it an essential partner in the evolving landscape of digital content creation.
DitchCarbon Score
How does Avid Technology, 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 Medical Device 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
Avid Technology, Inc.'s score of 39 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avid Technology, Inc.'s reported carbon emissions
In 2024, Avid Technology, Inc. reported total carbon emissions of approximately 5,248,523,000 kg CO2e from Scope 3, alongside 5,384,337,000 kg CO2e from Scope 2 (market-based) and 20,844,000 kg CO2e from Scope 1. The combined total for Scope 1 and 2 emissions was about 135,814,000 kg CO2e. In 2023, the company’s emissions were approximately 6,578,270,000 kg CO2e for Scope 3 and 5,101,618,000 kg CO2e for Scope 2 (market-based), with no reported Scope 1 emissions. Avid Technology has set ambitious climate commitments, aiming to reduce absolute greenhouse gas emissions from its operations (Scope 1 and 2) by 70% by 2030, using 2022 as the baseline year. Furthermore, the company is committed to achieving net-zero emissions across all scopes (1, 2, and 3) by 2050. These targets reflect Avid's dedication to addressing climate change and reducing its carbon footprint in line with industry standards.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | - | 00,000,000 |
| Scope 2 | 5,101,618,000 | 0,000,000,000 |
| Scope 3 | 6,578,270,000 | 0,000,000,000 |
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.
Avid Technology, Inc. is not participating in any 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.
