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.
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.
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.
Espressif Systems (Shanghai) Co., Ltd.'s score of 17 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Espressif Systems (Shanghai) Co., Ltd. reported significant carbon emissions, totalling approximately 2,394,490 kg CO2e from Scope 2, which pertains to purchased electricity. Additionally, their Scope 3 emissions were substantial, with about 9,464,350 kg CO2e attributed to purchased goods and services, and around 320,400 kg CO2e from business travel. Comparatively, in 2022, the company recorded about 1,504,830 kg CO2e in Scope 2 emissions and approximately 7,229,320 kg CO2e in Scope 3 emissions related to purchased goods and services, alongside 168,890 kg CO2e from business travel. In 2021, the figures were about 1,017,240 kg CO2e for Scope 2 and approximately 8,941,040 kg CO2e for Scope 3 emissions from purchased goods and services, with 198,900 kg CO2e from business travel. Despite these figures, Espressif Systems has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. The company operates within a rapidly evolving industry context, where climate commitments are increasingly critical for stakeholder engagement and regulatory compliance.
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.
Espressif Systems (Shanghai) Co., Ltd. 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.