II-VI OptoElectronic Devices, Inc. Sustainability Profile
II-VI OptoElectronic Devices, Inc., a prominent player in the optoelectronics industry, is headquartered in the United States. Founded in 1971, the company has established itself as a leader in the design and manufacture of advanced semiconductor and laser technologies. With major operational regions across North America, Europe, and Asia, II-VI is well-positioned to serve a global market. The company’s core offerings include high-performance laser diodes, optical components, and photonic devices, which are distinguished by their reliability and efficiency. II-VI has achieved significant milestones, including numerous patents and innovations that enhance telecommunications, industrial, and consumer applications. Recognised for its commitment to quality and technological advancement, II-VI OptoElectronic Devices continues to solidify its market position as a trusted provider of cutting-edge optoelectronic solutions.
DitchCarbon Score
How does II-VI OptoElectronic Devices, 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
II-VI OptoElectronic Devices, Inc.'s score of 54 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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II-VI OptoElectronic Devices, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Coherent Corp., which may influence its climate commitments and reporting practices. While II-VI OptoElectronic Devices, Inc. has not established specific reduction targets or initiatives, it is important to note that emissions data and climate strategies may be inherited from its parent company, Coherent Corp. This relationship suggests that any climate commitments or performance metrics could be aligned with those of Coherent Corp., although specific details are not provided. As a part of the broader industry context, II-VI OptoElectronic Devices, Inc. is expected to adhere to emerging standards and practices in carbon management, potentially aligning with initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP) through its corporate family relationship. However, without explicit data or commitments, the company's current climate impact remains unclear.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 35,523,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 228,132,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 0,000,000,000 |
How Carbon Intensive is II-VI OptoElectronic Devices, Inc.'s Industry?
How Carbon Intensive is II-VI OptoElectronic Devices, Inc.'s Location?
II-VI OptoElectronic Devices, Inc.'s Scope 3 Categories Breakdown
II-VI OptoElectronic Devices, Inc.'s Scope 3 emissions, which increased by 465% last year and increased by approximately 465% since 2023, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 67% of Scope 3 emissions.
Top Scope 3 Categories
II-VI OptoElectronic Devices, 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.
II-VI OptoElectronic Devices, 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.
