Faraday Technology
Faraday Technology Corporation, commonly referred to as Faraday Tech, is a leading semiconductor design service provider headquartered in Taiwan (TW). Established in 2000, the company has made significant strides in the semiconductor industry, focusing on advanced technology solutions for various applications, including automotive, IoT, and consumer electronics. Faraday Tech is renowned for its comprehensive range of services, including ASIC design, IP development, and system-on-chip (SoC) solutions. Their unique approach combines innovative design methodologies with a commitment to quality, ensuring that clients receive tailored solutions that meet their specific needs. With a strong market position, Faraday Tech has achieved notable milestones, including partnerships with major global technology firms and a robust portfolio of intellectual property.
DitchCarbon Score
How does Faraday Technology'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
Faraday Technology's score of 27 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Faraday Technology's reported carbon emissions
In 2023, Faraday Technology reported total carbon emissions of approximately 32,290,90 kg CO2e, comprising 237,340 kg CO2e from Scope 1 and 32,290,90 kg CO2e from Scope 2 emissions. Additionally, their Scope 3 emissions were significantly higher, reaching about 71,497,310 kg CO2e, primarily driven by purchased goods and services, which accounted for approximately 70,321,130 kg CO2e. In 2022, the company recorded total emissions of about 3,191,760 kg CO2e from Scope 2 and 238,790 kg CO2e from Scope 1, with Scope 3 emissions at approximately 642,700 kg CO2e. This indicates a slight decrease in Scope 1 emissions from 2022 to 2023, while Scope 2 emissions remained relatively stable. Despite these figures, Faraday Technology has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions, aligning with industry standards for transparency in climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 255,430 | 000,000 | 000,000 |
| Scope 2 | 3,332,740 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Faraday Technology is not committed to any reduction initiatives 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.
