Marvell Technology

Marvell Technology's reported carbon emissions

Marvell Technology, a semiconductor firm based in the US, reported a total of approximately 22.1 billion kg CO2e in emissions for fiscal year 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For fiscal year 2024, Marvell Technology's total emissions were approximately 20.2 billion kg CO2e. Scope 1 emissions for this period were about 4.4 million kg CO2e, Scope 2 emissions (market-based) were around 22.2 million kg CO2e, and Scope 3 emissions constituted the vast majority, at approximately 19.7 billion kg CO2e. The primary contributor within Scope 3 was the use of sold products, accounting for approximately 19.1 billion kg CO2e. Marvell Technology has validated science-based climate targets. They aim to reduce their absolute Scope 1 and Scope 2 greenhouse gas emissions by 50% by fiscal year 2030, using fiscal year 2022 as the base year. Furthermore, they are committed to reducing their Scope 3 GHG emissions from the use of sold products by 55% per petabyte per second over the same timeframe. These targets are aligned with keeping warming to 1.5°C.