Ferrotec (USA) Corporation Sustainability Profile
Ferrotec (USA) Corporation, a leading player in the advanced materials and manufacturing industry, is headquartered in the United States. Established in 1980, the company has made significant strides in providing innovative solutions across various sectors, including semiconductor, electronics, and medical industries. With a strong presence in key operational regions, Ferrotec is renowned for its core products such as high-performance thermal management materials, vacuum technology, and precision components. These offerings are distinguished by their exceptional quality and reliability, catering to the evolving needs of modern technology. As a pioneer in its field, Ferrotec has achieved notable milestones, solidifying its market position as a trusted partner for businesses seeking cutting-edge solutions. The company's commitment to innovation and excellence continues to drive its success in the competitive landscape of advanced manufacturing.
DitchCarbon Score
How does Ferrotec (USA) Corporation'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
Ferrotec (USA) Corporation's score of 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ferrotec (USA) Corporation's reported carbon emissions
Ferrotec (USA) Corporation, headquartered in the United States, has set ambitious climate commitments despite not having specific carbon emissions data available for the most recent year. The company has committed to significant reductions in greenhouse gas emissions, targeting a 42% decrease in absolute Scope 1 and Scope 2 emissions by 2030, using 2023 as the base year. Additionally, Ferrotec USA aims to reduce its absolute Scope 3 emissions by 30% by 2032, also from a 2023 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. The commitments reflect Ferrotec's dedication to sustainability within the semiconductor and semiconductor equipment sector. The emissions data and targets are cascaded from Ferrotec (USA) Corporation, which is a current subsidiary of Ferrotec Holdings Corporation. Overall, Ferrotec USA's climate strategy demonstrates a proactive approach to reducing its carbon footprint and contributing to broader climate goals.
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Ferrotec (USA) Corporation's Climate Goals (2030 & 2050)
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.
Ferrotec (USA) Corporation has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
