Optek Technology, Inc. Sustainability Profile
Optek Technology, Inc., a subsidiary of TT Electronics, is a leading provider of advanced optical sensors and solutions, headquartered in the United States. Established in 1984, the company has carved a niche in the electronics industry, specialising in the design and manufacture of innovative photonic devices for various applications, including industrial automation and medical instrumentation. With a strong presence in North America and Europe, Optek Technology is renowned for its high-performance products, such as fibre optic sensors and laser-based systems, which are distinguished by their reliability and precision. The company has achieved significant milestones, including numerous patents and industry awards, solidifying its position as a trusted partner in the sensor technology market. Optek's commitment to quality and innovation continues to drive its success and reputation within the industry.
DitchCarbon Score
How does Optek Technology, 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 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.
Industry Benchmark
Optek Technology, Inc.'s score of 54 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Optek Technology, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of TT Electronics plc, which may influence its climate commitments and reporting practices. As part of its corporate family, Optek Technology, Inc. aligns with the sustainability initiatives and targets set by TT Electronics plc. However, specific reduction targets or achievements for Optek Technology, Inc. have not been disclosed. The absence of documented reduction initiatives or climate pledges suggests that the company may still be in the process of establishing its own distinct climate strategy. Given the lack of direct emissions data and specific commitments, it is essential to monitor future disclosures from Optek Technology, Inc. for any developments in their carbon emissions reporting and climate action plans.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,479,000 | - | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 26,066,000 | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Optek Technology, Inc.'s Industry?
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Optek Technology, Inc.'s Scope 3 Categories Breakdown
Optek Technology, Inc.'s Scope 3 emissions, which increased by 15% last year and increased by approximately 15% since 2023, 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 95% of Scope 3 emissions.
Top Scope 3 Categories
Optek Technology, 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.
Optek Technology, 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.
