Modulight, a leading innovator in the medical, precision, and optical instruments sector, is headquartered in Finland (FI). Founded in 2000, the company has established itself as a key player in the development of advanced laser technologies, particularly for medical applications. With a focus on precision and reliability, Modulight offers a range of unique products, including customised laser systems that cater to various medical fields.
The company has achieved significant milestones, including collaborations with renowned medical institutions and a strong presence in major operational regions across Europe and North America. Modulight's commitment to quality and innovation has positioned it as a trusted partner in the medical industry, making it a preferred choice for healthcare professionals seeking cutting-edge solutions.
-5 vs industry average
Modulight’s score of 23 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Medical Device Manufacturing has typical carbon intensity
Industry performance
The Medical Device Manufacturing industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Modulight's reported carbon emissions
Modulight, based in FI and operating within the medical, precision and optical instruments, watches and clocks industry (33), reported a total of approximately 724,800 kg CO2e for the year 2023. This figure encompasses Scope 1, 2, and 3 emissions.
In 2023, Modulight's Scope 1 emissions amounted to approximately 8,000 kg CO2e, primarily from mobile combustion. Scope 2 emissions were approximately 116,000 kg CO2e, solely from purchased heat. Scope 3 emissions were reported at approximately 48,000 kg CO2e, with significant contributions from purchased goods and services (approximately 86,000 kg CO2e) and business travel (approximately 39,600 kg CO2e).
The previous year, 2022, saw total emissions of approximately 432,000 kg CO2e. Scope 1 emissions in 2022 were approximately 19,000 kg CO2e, with both mobile combustion and process emissions contributing. Scope 2 emissions were approximately 114,000 kg CO2e, from purchased heat. Scope 3 emissions for 2022 were approximately 332,000 kg CO2e, with purchased goods and services accounting for approximately 1,000 kg CO2e, business travel at approximately 312,000 kg CO2e, and employee commute at approximately 19,000 kg CO2e.
Modulight has a near-term climate commitment to reduce energy used for heating by 30% by 2025. This initiative, identified in their 2023 annual report, focuses on Scope 2 emissions. The company's emissions data is not cascaded from a parent organisation.
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Modulight’s Climate Goals (2030 & 2050)
1 goal2025
30% reduction in Scope 2
Reduce energy used for heating by 30% by 2025
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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