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Electrical Machinery Manufacturing
HK
updated a month ago

Credo Technology (HK) Limited

Company website

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.

25

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.

31

Industry Benchmark

Credo Technology (HK) Limited's score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Credo Technology (HK) Limited's reported carbon emissions

Inherited from Credo Technology Group Holding Ltd

Credo Technology (HK) Limited currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported 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 initiatives or targets suggests that the company may still be in the early stages of developing its climate strategy. Given the lack of direct emissions data and reduction commitments, it is essential for Credo Technology (HK) Limited to align with industry standards and best practices in climate action. This could involve setting science-based targets and participating in initiatives such as the Carbon Disclosure Project (CDP) to enhance transparency and accountability in its environmental impact. In summary, while Credo Technology (HK) Limited does not currently report specific emissions or reduction targets, its affiliation with Credo Technology Group Holding Ltd may provide a framework for future climate commitments and initiatives.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2023
Scope 1
93,360,600
Scope 2
1,235,031,800
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Credo Technology (HK) Limited's primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low 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. This request for Credo Technology (HK) Limited is in HK, 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.

Credo Technology (HK) Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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

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