Credo Technology (HK) Limited Sustainability Profile
Credo Technology (HK) Limited, commonly referred to as Credo, is a leading innovator in the semiconductor industry, headquartered in Hong Kong. Founded in 2015, the company has rapidly established itself as a key player in high-speed connectivity solutions, particularly in the data centre and enterprise markets. Credo's core offerings include advanced optical and electrical interconnect products, which are distinguished by their unique ability to enhance data transmission efficiency and reliability. With a commitment to cutting-edge technology, Credo has achieved significant milestones, including the development of industry-first solutions that cater to the growing demands of cloud computing and artificial intelligence. Recognised for its market leadership, Credo continues to expand its operational footprint across Asia and North America, solidifying its position as a trusted partner for major technology firms.
DitchCarbon Score
How does Credo Technology (HK) Limited'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
Credo Technology (HK) Limited's score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Credo Technology (HK) Limited currently does not have available emissions data for the most recent year, as indicated by the absence of specific figures. The company is a current subsidiary of Credo Technology Group Holding Ltd, which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges from Credo Technology (HK) Limited. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing its climate strategy. In the context of the industry, many companies are increasingly focusing on carbon emissions reduction and sustainability practices. Credo Technology (HK) Limited will likely need to align with these trends to meet stakeholder expectations and regulatory requirements in the future.
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| 2023 | |
|---|---|
| Scope 1 | 93,360,600 |
| Scope 2 | 1,235,031,800 |
| Scope 3 | - |
How Carbon Intensive is Credo Technology (HK) Limited's Industry?
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Credo Technology (HK) Limited'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.
Credo Technology (HK) Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
