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Public Profile
Electrical Machinery Manufacturing
KY
updated 16 days ago

Parade Technologies

Company website

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.

22

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.

27

Industry Benchmark

Parade Technologies's score of 22 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

25%

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Parade Technologies's reported carbon emissions

In 2023, Parade Technologies reported total carbon emissions of approximately 3,563,000 kg CO2e. This figure includes 128,000 kg CO2e from Scope 1 emissions and about 3,435,000 kg CO2e from Scope 2 emissions. The company has shown a slight increase in total emissions compared to 2022, when emissions were about 3,325,000 kg CO2e, with Scope 1 at 126,000 kg CO2e and Scope 2 at approximately 3,199,000 kg CO2e. Over the past few years, Parade Technologies has maintained a consistent level of emissions, with total emissions recorded at about 3,055,000 kg CO2e in both 2021 and 2020. The Scope 1 emissions for these years were 116,000 kg CO2e, while Scope 2 emissions were approximately 2,939,000 kg CO2e. Despite the emissions data, Parade Technologies has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organisation, indicating that it operates independently in its reporting. Overall, while Parade Technologies has demonstrated stable emissions levels, the lack of defined climate commitments or reduction initiatives suggests an opportunity for the company to enhance its sustainability efforts in the future.

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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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Where does DitchCarbon data come from?

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