Genesis Photonics Inc., headquartered in Taiwan, is a leading player in the photonics industry, specialising in advanced optical solutions. Founded in 2000, the company has established a strong presence in key operational regions across Asia and beyond, focusing on innovative technologies that enhance optical performance. The firm is renowned for its cutting-edge products, including high-precision optical components and advanced laser systems, which are distinguished by their exceptional quality and reliability. Genesis Photonics has achieved significant milestones, including numerous patents and industry awards, solidifying its position as a trusted partner for businesses seeking superior photonic solutions. With a commitment to research and development, the company continues to push the boundaries of optical technology, catering to diverse sectors such as telecommunications, medical devices, and industrial applications.
How does Genesis Photonics 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 Communication Equipment 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.
Genesis Photonics Inc.'s score of 22 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Genesis Photonics Inc., headquartered in Taiwan (TW), reported significant carbon emissions across various scopes. The company emitted approximately 22,043,000 kg CO2e in Scope 1, 358,071,000 kg CO2e in Scope 2, and 237,502,210 kg CO2e in Scope 3 emissions. Notably, the Scope 3 emissions included 10,570 kg CO2e from business travel, 800,110 kg CO2e from employee commuting, and 231,387,050 kg CO2e from purchased goods and services. Comparatively, in 2021, Genesis Photonics recorded about 17,604,000 kg CO2e in Scope 1 and 413,305,000 kg CO2e in Scope 2 emissions. The absence of Scope 3 data in 2021 indicates a growing awareness and reporting of emissions in subsequent years. Despite these figures, Genesis Photonics has not established specific reduction targets or initiatives, as indicated by the lack of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). This suggests that while the company is actively measuring its emissions, it has yet to formalise a strategy for reducing its carbon footprint. Overall, Genesis Photonics Inc. is positioned within an industry context that increasingly prioritises sustainability, yet it currently lacks defined climate commitments or reduction initiatives.
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.
Genesis Photonics Inc. 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.