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Communication Equipment Manufacturing
CN
updated 2 months ago

Espressif Systems (Shanghai) Co., Ltd. Sustainability Profile

Company website

Espressif Systems (Shanghai) Co., Ltd., commonly known as Espressif, is a leading provider of semiconductor solutions headquartered in Shanghai, China. Founded in 2008, the company has established itself as a key player in the Internet of Things (IoT) industry, specialising in Wi-Fi and Bluetooth connectivity solutions. Espressif's core products, including the ESP8266 and ESP32 series of microcontrollers, are renowned for their versatility and cost-effectiveness, making them ideal for a wide range of applications from smart home devices to industrial automation. The company has achieved significant milestones, including a strong market position with millions of units shipped globally, underscoring its commitment to innovation and quality in the rapidly evolving tech landscape.

DitchCarbon Score

How does Espressif Systems (Shanghai) Co., Ltd.'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.

30

Industry Average

Mean score of companies in the Communication Equipment 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.

32

Industry Benchmark

Espressif Systems (Shanghai) Co., Ltd.'s score of 30 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

52%

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Espressif Systems (Shanghai) Co., Ltd.'s reported carbon emissions

In 2023, Espressif Systems (Shanghai) Co., Ltd. reported total carbon emissions of approximately 11,226,750 kg CO2e. This figure includes 2,394,490 kg CO2e from Scope 2 emissions, primarily from purchased electricity, and 9,826,260 kg CO2e from Scope 3 emissions, which encompasses business travel and purchased goods and services. The company's Scope 1 emissions data is not available. Comparatively, in 2022, the company emitted about 8,155,000 kg CO2e, with 1,504,830 kg CO2e from Scope 2 and 7,412,670 kg CO2e from Scope 3. In 2021, the total emissions were approximately 1,010,140 kg CO2e, with 1,017,240 kg CO2e from Scope 2 and 198,900 kg CO2e from Scope 3. This indicates a significant increase in emissions from 2021 to 2023, particularly in Scope 3 categories. Espressif Systems has not set specific reduction targets or climate pledges, nor does it inherit emissions data from a parent company. The absence of formal commitments suggests a need for enhanced climate strategies within the industry context. The company’s emissions data reflects its operational footprint and highlights the importance of addressing both direct and indirect emissions to align with global climate goals.

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202120222023
Scope 1
-
-
-
Scope 2
1,017,240
0,000,000
0,000,000
Scope 3
198,900
0,000,000
0,000,000

How Carbon Intensive is Espressif Systems (Shanghai) Co., Ltd.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Espressif Systems (Shanghai) Co., Ltd.'s primary industry is Communication Equipment Manufacturing, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Espressif Systems (Shanghai) Co., Ltd.'s Location?

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 Espressif Systems (Shanghai) Co., Ltd. is in CN, which we do not have grid emissions data for.

Espressif Systems (Shanghai) Co., Ltd.'s Scope 3 Categories Breakdown

Espressif Systems (Shanghai) Co., Ltd.'s Scope 3 emissions, which increased by 33% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 96% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
96%
Business Travel
3%

Espressif Systems (Shanghai) Co., Ltd.'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.

Espressif Systems (Shanghai) Co., Ltd. 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.

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

Compare Espressif Systems (Shanghai) Co., Ltd.'s Emissions with Industry Peers

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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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