Onsemi

Onsemi, a US-headquartered company in the Semiconductor and Related Device Manufacturing industry, reported its total Scope 1, 2, and 3 carbon emissions for 2024 as approximately 2.415 billion kg CO2e. This includes about 776.5 million kg CO2e from Scope 1, approximately 690.8 million kg CO2e from Scope 2, and about 948 million kg CO2e from Scope 3.

Looking at previous years, Onsemi's emissions were approximately 3.107 billion kg CO2e in 2023, consisting of 828.6 million kg CO2e (Scope 1), 714 million kg CO2e (Scope 2), and 1.5645 billion kg CO2e (Scope 3). In 2022, emissions totalled approximately 3.869 billion kg CO2e, with 1.0148 billion kg CO2e from Scope 1, 713.5 million kg CO2e from Scope 2, and 2.1418 billion kg CO2e from Scope 3.

Onsemi has set ambitious climate commitments. The company aims for Net Zero emissions across all scopes (1, 2, and 3) by 2040. As part of this, Onsemi targets near-zero Scope 1 and Scope 2 emissions by 2025. Specifically, the company commits to reducing absolute Scope 1 and 2 GHG emissions by 58.8% by 2034 from a 2022 base year, according to Science Based Targets initiative (SBTi) commitments. They also plan to reduce absolute Scope 3 GHG emissions from fuel- and energy-related activities by 35% within the same timeframe, and ensure that 71.3% of their suppliers (by emissions covering purchased goods and services, capital goods, and upstream transportation and distribution) will have science-based targets by 2029. Additionally, Onsemi has committed to using 50% renewable energy by 2030 and 100% renewable energy by 2040.