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Electrical Machinery Manufacturing
US
updated a month ago

Enovix Corporation

Company website

Enovix Corporation, a pioneering force in advanced battery technology, is headquartered in the United States. Founded in 2011, the company has rapidly established itself within the energy storage industry, focusing on the development of innovative lithium-ion batteries. Enovix's unique 3D silicon architecture sets its products apart, offering higher energy density and improved safety compared to traditional battery designs. With significant operations in California and a commitment to sustainability, Enovix is well-positioned in the market, catering to the growing demand for efficient energy solutions in consumer electronics and electric vehicles. The company has achieved notable milestones, including successful pilot production and strategic partnerships, reinforcing its reputation as a leader in battery innovation.

DitchCarbon Score

How does Enovix 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.

44

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.

27

Industry Benchmark

Enovix Corporation's score of 44 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Enovix Corporation's reported carbon emissions

In 2023, Enovix Corporation reported total carbon emissions of approximately 3,000,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 586,000 kg CO2e, while Scope 2 emissions amounted to approximately 1,220,000 kg CO2e (market-based). The most significant contributor to their carbon footprint was Scope 3 emissions, particularly from the use of sold products, which totalled about 2,843,000 kg CO2e, alongside purchased goods and services at approximately 235,000 kg CO2e. Comparatively, in 2022, Enovix's total emissions were about 138,000,000 kg CO2e, with Scope 1 emissions at approximately 440,300 kg CO2e, Scope 2 emissions (market-based) at about 1,216,000 kg CO2e, and Scope 3 emissions from the use of sold products reaching approximately 130,319,000 kg CO2e, alongside purchased goods and services at about 8,163,000 kg CO2e. Despite these figures, Enovix Corporation has not publicly committed to specific reduction targets or initiatives, nor have they reported any climate pledges. Their emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from Enovix Corporation. The company continues to operate within the context of the broader industry, which is increasingly focused on reducing carbon footprints and enhancing sustainability practices.

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

20222023
Scope 1
440,300
000,000
Scope 2
1,216,000
0,000,000
Scope 3
138,482,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Enovix Corporation'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 Enovix Corporation is in US, which has a low grid carbon intensity relative to other regions.

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.

Enovix Corporation 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?

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