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 28 is higher than 79% 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 3,410,000 kg CO2e. This figure includes 119,000 kg CO2e from Scope 1 emissions and about 3,291,000 kg CO2e from Scope 2 emissions. Compared to 2022, where total emissions were about 3,564,000 kg CO2e, the company achieved a reduction of approximately 154,000 kg CO2e. Over the past few years, Parade Technologies has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of around 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. In 2021, emissions were lower at about 3,055,000 kg CO2e, with Scope 1 at 116,000 kg CO2e and Scope 2 at approximately 2,939,000 kg CO2e. Despite these reductions, Parade Technologies has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The company continues to focus on its emissions from Scopes 1 and 2, while no data is available for Scope 3 emissions. Overall, Parade Technologies is making strides in managing its carbon emissions, reflecting a growing awareness of climate impact within the technology sector.
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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.
