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.
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 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.
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Parade Technologies's reported carbon emissions
In 2023, Parade Technologies, headquartered in Kentucky (KY), 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's emissions have shown a slight increase from 2022, when total 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 approach to emissions reporting, with no Scope 3 emissions disclosed. The company 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 emissions intensity for Scope 1 and 2 combined has varied, with a reported intensity of 0.000000178 kg CO2e per unit of revenue in 2023. This reflects the company's ongoing efforts to monitor and manage its carbon footprint, although no formal climate pledges or significant reduction initiatives have been announced. Overall, while Parade Technologies has made strides in emissions reporting, the lack of specific reduction targets suggests an opportunity for further commitment to climate action in the future.
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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 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
