Marvell Technology

Marvell Technology, a US-based semiconductor company, has outlined its climate commitments and emissions data. For the fiscal year 2025, Marvell reported total emissions of approximately 20.2 billion kg CO2e. This figure is comprised of approximately 2.9 million kg CO2e for Scope 1 emissions, about 0.9 million kg CO2e for Scope 2 emissions (market-based), and approximately 19.9 billion kg CO2e for Scope 3 emissions.

In fiscal year 2024, the company's total emissions were approximately 25.9 billion kg CO2e, with Scope 1 emissions at about 4.2 million kg CO2e, Scope 2 at approximately 6.2 million kg CO2e (market-based), and Scope 3 at around 19.7 billion kg CO2e. The preceding year, fiscal year 2023, saw total emissions of approximately 26.7 billion kg CO2e, including Scope 1 emissions of about 4.6 million kg CO2e, Scope 2 emissions of approximately 23.7 million kg CO2e (market-based), and Scope 3 emissions of nearly 22.1 billion kg CO2e.

Marvell Technology is committed to significant emissions reductions. The company has validated science-based targets to reduce its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 50% by fiscal year 2030, using a fiscal year 2022 baseline. Additionally, Marvell aims to reduce its Scope 3 GHG emissions from the use of sold products by 55% per petabyte per second over the same timeframe. The company's targets are consistent with a 1.5°C warming scenario.