GigPeak, Inc. Sustainability Profile
GigPeak, Inc., a leading provider of high-performance semiconductor solutions, is headquartered in the United States. Founded in 2004, the company has established itself as a key player in the telecommunications and data communications industries, focusing on advanced optical and digital signal processing technologies. With a strong presence in major operational regions across North America and Europe, GigPeak offers a diverse range of products, including high-speed transceivers and integrated circuits. What sets GigPeak apart is its commitment to innovation, delivering unique solutions that enhance data transmission efficiency and reliability. Recognised for its technological advancements, GigPeak has achieved significant milestones, positioning itself as a trusted partner for clients seeking cutting-edge semiconductor solutions. The company continues to drive growth and excellence in the rapidly evolving tech landscape.
DitchCarbon Score
How does GigPeak, 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.
Industry Average
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.
Industry Benchmark
GigPeak, Inc.'s score of 66 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GigPeak, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. However, the company is part of a corporate family that includes Renesas Electronics Corporation, from which it inherits climate commitments and performance data. As a current subsidiary of Renesas Electronics Corporation, GigPeak aligns with the sustainability initiatives and targets set by its parent company. Renesas has established various climate commitments, including participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). These initiatives aim to drive significant reductions in greenhouse gas emissions across their operations. While specific reduction targets for GigPeak are not detailed, the overarching goals from Renesas suggest a commitment to improving environmental performance and reducing carbon footprints. This includes efforts to address Scope 1, 2, and 3 emissions, although specific figures for GigPeak are not available. In summary, while GigPeak, Inc. does not provide its own emissions data, it is committed to the climate initiatives cascaded from Renesas Electronics Corporation, reflecting a broader industry trend towards sustainability and carbon neutrality.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 156,403,000 | 000,000,000 |
| Scope 2 | 647,660,000 | 000,000,000 |
| Scope 3 | 1,694,258,000 | 0,000,000,000 |
How Carbon Intensive is GigPeak, Inc.'s Industry?
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GigPeak, Inc.'s Scope 3 Categories Breakdown
GigPeak, Inc.'s Scope 3 emissions, which decreased by 13% last year and decreased by approximately 13% since 2023, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 66% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 80% of Scope 3 emissions.
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GigPeak, Inc.'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.
GigPeak, 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.
