Iqe, also known as IQE plc, is a leading provider of advanced semiconductor materials, headquartered in Great Britain. Founded in 1988, the company has established a strong presence in key operational regions, including Europe, North America, and Asia. Specialising in the development and manufacturing of compound semiconductor wafers, Iqe serves diverse industries such as telecommunications, automotive, and consumer electronics. With a commitment to innovation, Iqe has achieved significant milestones, including pioneering developments in 5G technology and photonics. Their core products, which include epitaxial wafers and advanced materials, are distinguished by their high performance and reliability. Recognised for its market leadership, Iqe continues to drive advancements in semiconductor technology, positioning itself as a vital player in the global electronics supply chain.
How does Iqe'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 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.
Iqe's score of 57 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, IQE plc reported total carbon emissions of approximately 19,154,000 kg CO2e, with Scope 1 emissions at about 3,455,000 kg CO2e, Scope 2 emissions at around 14,328,000 kg CO2e, and Scope 3 emissions from upstream transportation and distribution at about 519,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were approximately 19,604,000 kg CO2e. IQE has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by 2030 from a 2021 baseline. Additionally, IQE aims to ensure that 85% of its suppliers and 60% of its customers have science-based targets by 2028. For Scope 3 emissions, the company commits to a 55% reduction from fuel- and energy-related activities by 2030. Long-term, IQE plans to achieve a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions, which includes purchased goods and services, capital goods, and processing of sold products. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect IQE's commitment to sustainable practices within the semiconductor industry.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 2,757,000 | 0,000,000 |
Scope 2 | 15,068,000 | 00,000,000 |
Scope 3 | 968,000 | 000,000 |
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.
Iqe is participating in some 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.