Enovix Corporation
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.
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
Enovix Corporation's score of 44 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Enovix Corporation's reported carbon emissions
In 2023, Enovix Corporation reported total carbon emissions of approximately 1,586,000 kg CO2e, comprising 586,000 kg CO2e from Scope 1, 1,220,000 kg CO2e from Scope 2 (market-based), and 2,843,000 kg CO2e from Scope 3 emissions related to the use of sold products. The previous year, 2022, saw total emissions of about 132,000,300 kg CO2e, with Scope 1 emissions at 440,300 kg CO2e, Scope 2 emissions at 1,216,000 kg CO2e (market-based), and Scope 3 emissions significantly higher at 130,319,000 kg CO2e. Despite these figures, Enovix has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or Science-Based Targets Initiative (SBTi) commitments suggests that while the company is aware of its emissions, it has yet to establish formal strategies for significant reductions. As a leader in the battery technology sector, Enovix's climate commitments will be crucial in aligning with industry standards and addressing the growing demand for sustainable practices.
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| 2022 | 2023 | |
|---|---|---|
| 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
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.
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.
