Public Profile

Parade Technologies

Parade Technologies, a leading provider of high-performance semiconductor solutions, is headquartered in Kentucky (KY) and operates extensively across Asia and North America. Founded in 2005, the company has established itself in the semiconductor industry, focusing on advanced display driver ICs and power management solutions. Parade Technologies is renowned for its innovative products, including DisplayPort and HDMI interface solutions, which are designed to enhance visual performance in consumer electronics. The company’s commitment to quality and cutting-edge technology has positioned it as a key player in the market, serving major clients in the electronics sector. With a strong emphasis on research and development, Parade Technologies continues to achieve significant milestones, solidifying its reputation as a trusted partner in the semiconductor landscape.

DitchCarbon Score

How does Parade Technologies'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.

28

Industry Average

Mean score of companies in the Electrical Machinery 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.

23

Industry Benchmark

Parade Technologies's score of 28 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

77%

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Parade Technologies's reported carbon emissions

In 2023, Parade Technologies reported total carbon emissions of approximately 3,410,000 kg CO2e, comprising 119,000 kg CO2e from Scope 1 and 3,291,000 kg CO2e from Scope 2 emissions. This marked a slight decrease from 2022, where emissions were about 3,564,000 kg CO2e. The company has consistently reported emissions over the past few years, with 2020 and 2021 both showing total emissions of approximately 3,055,000 kg CO2e. Parade Technologies has not disclosed any specific reduction targets or initiatives as part of their climate commitments. However, they have maintained transparency in their emissions reporting, focusing on Scope 1 and Scope 2 emissions, which are critical for understanding their direct and indirect environmental impact. The company continues to monitor and report its emissions, reflecting a commitment to sustainability, although no formal climate pledges or science-based targets have been established.

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2020202120222023
Scope 1
116,000
000,000
000,000
000,000
Scope 2
2,939,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Parade Technologies's primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
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 Parade Technologies is in KY, which has a very high 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.

Parade Technologies 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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DitchCarbon Score

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