Enovix Corporation Sustainability Profile
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 42 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Enovix Corporation's reported carbon emissions
In 2023, Enovix Corporation reported total carbon emissions of approximately 4,000,000 kg CO2e. This figure includes 586,000 kg CO2e from Scope 1 emissions, 1,220,000 kg CO2e from Scope 2 emissions (market-based), and a significant 2,843,000 kg CO2e from Scope 3 emissions, primarily attributed to the use of sold products. Comparatively, in 2022, the company recorded total emissions of about 138,000,000 kg CO2e, with Scope 1 emissions at 440,300 kg CO2e, Scope 2 emissions (market-based) at 1,216,000 kg CO2e, and Scope 3 emissions reaching approximately 138,000,000 kg CO2e, indicating a substantial increase in emissions from the use of sold products. Enovix has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The company operates independently without cascading emissions data from a parent organisation. Overall, Enovix Corporation's emissions profile highlights the significant impact of Scope 3 emissions, particularly from the use of sold products, underscoring the need for targeted strategies to address these emissions in future sustainability efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 440,300 | 000,000 |
| Scope 2 | 1,216,000 | 0,000,000 |
| Scope 3 | 138,482,000 | 0,000,000 |
How Carbon Intensive is Enovix Corporation's Industry?
How Carbon Intensive is Enovix Corporation's Location?
Enovix Corporation's Scope 3 Categories Breakdown
Enovix Corporation's Scope 3 emissions, which decreased by 98% last year and decreased by approximately 98% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 63% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 92% of Scope 3 emissions.
Top Scope 3 Categories
Enovix Corporation'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.
Enovix Corporation 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.
