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Communication Equipment Manufacturing
CN
updated a month ago

Espressif Systems (Shanghai) Co., Ltd.

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.

24

Industry Benchmark

Espressif Systems (Shanghai) Co., Ltd.'s score of 30 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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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 11,826,750 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 recorded total emissions of about 8,153,000 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. Despite these figures, Espressif Systems has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company does not appear to inherit emissions data from a parent organisation, maintaining its own reporting standards. Overall, while Espressif Systems has made strides in emissions reporting, the lack of defined climate commitments or reduction strategies highlights an area for potential improvement in their sustainability efforts.

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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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Espressif Systems (Shanghai) Co., Ltd.'s primary industry is Radio, television and communication equipment and apparatus (32), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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.

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.

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.

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

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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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