Marvell Technology Sustainability Profile
Marvell Technology, Inc., a leading semiconductor company headquartered in the United States, has established itself as a key player in the data infrastructure industry since its founding in 1995. With major operational regions across North America, Europe, and Asia, Marvell focuses on delivering innovative solutions in storage, networking, and security. The company’s core products include advanced processors, storage controllers, and networking solutions, which are distinguished by their high performance and energy efficiency. Marvell's commitment to research and development has led to significant milestones, including the introduction of cutting-edge technologies that support the growing demands of cloud computing and 5G networks. Recognised for its market position, Marvell has achieved notable success in providing essential components for data centres and enterprise applications, solidifying its reputation as a trusted partner in the semiconductor landscape.
DitchCarbon Score
How does Marvell Technology'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 Semiconductors 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
Marvell Technology's score of 74 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Marvell Technology's reported carbon emissions
In 2024, Marvell Technology reported total greenhouse gas emissions of approximately 22,203,000 kg CO2e for Scope 2 and about 19,696,674,000 kg CO2e for Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, committing to a 50% reduction in absolute Scope 1 and Scope 2 emissions by FY2030, using FY2022 as the base year. Additionally, Marvell aims to decrease Scope 3 emissions from the use of sold products by 55% per petabyte per second over the same timeframe. In 2023, Marvell's emissions included approximately 4,645,000 kg CO2e for Scope 1 and 23,686,000 kg CO2e for Scope 2 globally. The company has received validation for its science-based targets from the Science Based Targets initiative (SBTi), ensuring that its goals align with the necessary reductions to limit global warming to 1.5°C. Marvell's climate commitments reflect a proactive approach to sustainability within the semiconductor industry, demonstrating a clear strategy to mitigate its environmental impact while enhancing operational efficiency.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 3,678,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 20,901,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 385,908,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Marvell Technology's Industry?
How Carbon Intensive is Marvell Technology's Location?
Marvell Technology's Scope 3 Categories Breakdown
Marvell Technology's Scope 3 emissions, which decreased by 11% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 97% of Scope 3 emissions.
Top Scope 3 Categories
Marvell Technology'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.
Marvell Technology has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Marvell Technology's sustainability data and climate commitments