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Communication Equipment Manufacturing
US
updated 21 days ago

NVE Corporation

Company website

NVE Corporation, headquartered in the United States, is a leading innovator in the field of spintronics, a cutting-edge technology that leverages electron spin for advanced data processing and storage solutions. Founded in 1989, NVE has established itself as a key player in the semiconductor industry, with significant operations across North America and Europe. The company is renowned for its high-performance products, including magnetoresistive random access memory (MRAM) and sensors, which are distinguished by their low power consumption and exceptional speed. NVE's commitment to research and development has led to numerous milestones, positioning it as a trusted provider in the market. With a strong focus on quality and innovation, NVE Corporation continues to drive advancements in spintronic technology, solidifying its reputation as a pioneer in the industry.

DitchCarbon Score

How does NVE Corporation'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.

29

Industry Average

Mean score of companies in the Communication Equipment Manufacturing 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.

29

Industry Benchmark

NVE Corporation's score of 29 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

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NVE Corporation's reported carbon emissions

NVE Corporation, headquartered in the US, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has outlined clear targets for its Scope 1 and Scope 2 emissions. NVE aims to reduce its Scope 1 emissions to near zero by the middle of this decade, with a target timeframe set from 2023 to 2025. Similarly, the company is committed to reducing its Scope 2 emissions to near zero within the same timeframe. These initiatives reflect NVE's dedication to achieving net-zero emissions and align with industry standards for climate action. The company's proactive approach demonstrates a commitment to sustainability and environmental responsibility, although further details on absolute emissions figures and specific reduction percentages are currently unavailable.

Industry emissions intensity

Very low
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Very high
Some industries are more carbon intensive than others. NVE Corporation's primary industry is Radio, television and communication equipment and apparatus (32), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for NVE Corporation is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

NVE Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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