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Public Profile
Electrical Machinery Manufacturing
TW
updated 4 days ago

Faraday Technology

Company website

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.

40

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.

27

Industry Benchmark

Faraday Technology's score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

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Faraday Technology's reported carbon emissions

In 2023, Faraday Technology reported total carbon emissions of approximately 74,963,730 kg CO2e. This figure includes Scope 1 emissions of about 233,340 kg CO2e, Scope 2 emissions of approximately 3,235,620 kg CO2e, and significant Scope 3 emissions totalling around 71,497,310 kg CO2e, primarily from purchased goods and services (about 70,321,130 kg CO2e). Faraday Technology has set ambitious climate commitments, aiming for a 50% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2023 as the baseline year. The company also targets achieving net-zero greenhouse gas emissions by 2050. These commitments reflect a long-term strategy to mitigate climate impact and align with industry standards for sustainability. The emissions data is not cascaded from any parent organization, indicating that these figures are independently reported by Faraday Technology Corporation. The company is actively working towards its reduction targets, demonstrating a commitment to environmental responsibility in the technology sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
255,430
000,000
000,000
Scope 2
-
0,000,000
0,000,000
Scope 3
-
000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Faraday Technology's primary industry is Electrical machinery and apparatus n.e.c. (31), 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 Faraday Technology is in TW, 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.

Faraday Technology 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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