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 88% 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 11,000,000 kg CO2e. This figure includes about 2,394,490 kg CO2e from Scope 2 emissions related to purchased electricity and approximately 9,464,350 kg CO2e from Scope 3 emissions, which encompass purchased goods and services. Additionally, business travel contributed around 320,400 kg CO2e to their overall emissions. Comparatively, in 2022, the company recorded about 8,000,000 kg CO2e in total emissions, with Scope 2 emissions at approximately 1,504,830 kg CO2e and Scope 3 emissions at around 7,229,320 kg CO2e, including about 168,890 kg CO2e from business travel. In 2021, the total emissions were about 9,000,000 kg CO2e, with similar contributions from Scope 2 and Scope 3 categories. Despite these figures, Espressif Systems has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets indicates a need for further commitment to sustainability practices within the industry context. As a leading technology company, enhancing their climate strategy could significantly impact their overall emissions and align with global climate goals.
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.