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Electrical Machinery Manufacturing
KY
updated a month ago

Parade Technologies Sustainability Profile

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.

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.

32

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.

49%

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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 about 3,291,000 kg CO2e from Scope 2 emissions. This marks a slight decrease from 2022, when total emissions were about 3,564,000 kg CO2e, with Scope 1 emissions at 128,000 kg CO2e and Scope 2 emissions at approximately 3,435,000 kg CO2e. Over the past few years, Parade Technologies has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has not reported any Scope 3 emissions, indicating a focus on direct and indirect emissions from its operations and energy use. The emissions data is sourced directly from Parade Technologies, Ltd., with no cascaded data from parent or related organizations. As the company continues to assess its environmental impact, it remains essential for Parade Technologies to establish clear reduction targets and initiatives to align with industry standards and climate commitments.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

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
-
-
-
-

How Carbon Intensive is Parade Technologies's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Parade Technologies's primary industry is Electrical Machinery Manufacturing, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Parade Technologies's Location?

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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Parade Technologies's Emissions with Industry Peers

Mediatek

TW
•
Electrical machinery and apparatus n.e.c. (31)
Updated 1 day ago

Qualcomm

US
•
Electrical machinery and apparatus n.e.c. (31)
Updated 17 days ago

Phison Electronics

TW
•
Electrical machinery and apparatus n.e.c. (31)
Updated 24 days ago

Maxim Integrated Products, Inc.

US
•
Radio, television and communication equipment and apparatus (32)
Updated 2 months ago

Texas Instruments

US
•
Electrical machinery and apparatus n.e.c. (31)
Updated 2 days ago

Novatek Microelectronics Corp.

TW
•
Radio, television and communication equipment and apparatus (32)
Updated 24 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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