M31 Technology Corporation Sustainability Profile
M31 Technology Corporation, often referred to as M31 Tech, is a leading player in the technology sector, headquartered in Taiwan (TW). Founded in 2010, the company has established a strong presence in the semiconductor and electronic components industry, focusing on innovative solutions for various applications. M31 Tech is renowned for its cutting-edge design services and IP solutions, particularly in the fields of digital and mixed-signal technologies. Their unique offerings cater to a diverse clientele, enabling advancements in consumer electronics, automotive, and telecommunications. With a commitment to quality and innovation, M31 Technology has achieved significant milestones, positioning itself as a trusted partner in the global market. The company continues to drive technological progress, solidifying its reputation as a key contributor to the evolving landscape of the tech industry.
DitchCarbon Score
How does M31 Technology 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 Computer Services 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
M31 Technology Corporation's score of 30 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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M31 Technology Corporation's reported carbon emissions
In 2023, M31 Technology Corporation reported total carbon emissions of approximately 3,174,410 kg CO2e. This figure includes 1,541,062 kg CO2e from Scope 2 emissions, primarily related to purchased electricity, and 1,509,778 kg CO2e from Scope 3 emissions, which encompass purchased goods and services as well as fuel and energy-related activities. Notably, M31 Technology Corporation does not disclose Scope 1 emissions data. The company has set ambitious near-term reduction targets, aiming for a 5% decrease in electricity intensity per unit of revenue by 2025. This target applies to both Scope 1 and Scope 2 emissions, reflecting a commitment to enhancing energy efficiency and reducing overall carbon intensity. M31 Technology Corporation's climate commitments align with industry standards, focusing on significant reductions in energy consumption and emissions. The company is actively working towards establishing a robust energy-saving baseline for the next 3 to 5 years, demonstrating a proactive approach to climate action.
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| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 1,541,061.7 |
| Scope 3 | 1,633,347.8 |
How Carbon Intensive is M31 Technology Corporation's Industry?
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M31 Technology Corporation's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 92% of Scope 3 emissions.
Top Scope 3 Categories
M31 Technology 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.
M31 Technology Corporation 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.
