Faraday Technology Inc., a leading innovator in the semiconductor industry, is headquartered in the United States, with significant operations across key regions globally. Founded in 1999, the company has established itself as a pioneer in providing advanced design services and manufacturing solutions for integrated circuits. Faraday's core offerings include a comprehensive range of digital, analogue, and mixed-signal IPs, as well as ASIC design services, distinguished by their high performance and reliability. The company’s commitment to quality and innovation has positioned it as a trusted partner for numerous clients in various sectors, including consumer electronics and automotive. With a strong market presence and a reputation for excellence, Faraday Technology Inc. continues to drive advancements in semiconductor technology, contributing to the evolution of modern electronics.
How does Faraday Technology Inc.'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 Research Services 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 Inc.'s score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Faraday Technology Inc., headquartered in the US, currently does not have specific carbon emissions data available for reporting. As a current subsidiary, it inherits climate commitments and initiatives from its parent company, Ross-Shire Engineering Ltd., at a cascade level of 2. While there are no documented reduction targets or specific climate pledges from Faraday Technology Inc., the company is part of a broader corporate family that may engage in sustainability initiatives. The absence of emissions data suggests that Faraday Technology Inc. is in the early stages of formalising its climate strategy or reporting practices. As the industry increasingly prioritises carbon neutrality and sustainability, it is essential for Faraday Technology Inc. to establish clear emissions reduction targets and commitments to align with global climate goals.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Faraday Technology Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.