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.
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.
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.
Faraday Technology's score of 27 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Faraday Technology reported total carbon emissions of approximately 74,973,310 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 71,497,310 kg CO2e. Scope 1 emissions were approximately 237,340 kg CO2e, while Scope 2 emissions totalled around 3,229,090 kg CO2e. In 2022, the company recorded total emissions of about 64,700 kg CO2e from Scope 1, 3,191,760 kg CO2e from Scope 2, and 642,700 kg CO2e from Scope 3. The previous year, 2021, saw emissions of approximately 255,430 kg CO2e for Scope 1 and 3,332,740 kg CO2e for Scope 2. Despite these figures, Faraday Technology has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company continues to focus on transparency in its emissions reporting, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.