Parade Technologies Sustainability Profile
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.
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.
Industry Benchmark
Parade Technologies's score of 28 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Parade Technologies's reported carbon emissions
In 2023, Parade Technologies reported total carbon emissions of approximately 3.41 million kg CO2e. This total comprises Scope 1 emissions of about 119,000 kg CO2e and Scope 2 emissions of approximately 3.29 million kg CO2e. The company has shown a slight decrease in emissions from 2022, where total emissions were about 3.56 million kg CO2e, with Scope 1 at approximately 128,000 kg CO2e and Scope 2 at around 3.44 million kg CO2e. Parade Technologies has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from energy consumption. The company has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) for emissions reduction. Overall, Parade Technologies is committed to monitoring its carbon footprint, with a clear focus on managing its Scope 1 and Scope 2 emissions, while continuing to assess its overall climate impact.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| 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 | - | - | - | - |
How Carbon Intensive is Parade Technologies's Industry?
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Parade Technologies'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.
Parade Technologies 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.
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