Maxwell Technologies, Inc. Sustainability Profile
Maxwell Technologies, Inc., a leading innovator in the energy storage industry, is headquartered in the United States. Founded in 1965, the company has established itself as a pioneer in the development of ultracapacitors and energy storage solutions, serving diverse sectors such as automotive, renewable energy, and industrial applications. With a strong presence in North America and Europe, Maxwell Technologies is renowned for its unique products, including high-performance ultracapacitors that offer rapid energy discharge and exceptional cycle life. The company has achieved significant milestones, including advancements in hybrid energy storage systems that enhance efficiency and reliability. Recognised for its commitment to sustainability and innovation, Maxwell Technologies continues to solidify its market position, contributing to the evolution of energy storage technologies worldwide.
DitchCarbon Score
How does Maxwell Technologies, Inc.'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 Electricity Transmission 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
Maxwell Technologies, Inc.'s score of 32 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Maxwell Technologies, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Tesla, Inc., and thus may inherit climate commitments and emissions data from its parent organisation. As part of its corporate family relationship with Tesla, Maxwell Technologies aligns with various climate initiatives, including those set forth by the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements have not been disclosed for Maxwell Technologies itself. While no direct emissions data or reduction targets are available, the company's affiliation with Tesla suggests a commitment to sustainability and climate action, reflecting industry standards in emissions reduction and climate responsibility.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 185,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 403,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Maxwell Technologies, Inc.'s Industry?
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Maxwell Technologies, Inc.'s Scope 3 Categories Breakdown
Maxwell Technologies, Inc.'s Scope 3 emissions, which increased by 20% last year and increased by approximately 20% since 2022, 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 "Purchased Goods and Services" being the largest emissions source at 79% of Scope 3 emissions.
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Maxwell Technologies, Inc.'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.
Maxwell Technologies, Inc. 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.
