Shin-Etsu Magnetics Philippines, Inc. Sustainability Profile
Shin-Etsu Magnetics Philippines, Inc., a subsidiary of the renowned Shin-Etsu Chemical Co., Ltd., is headquartered in the Philippines and operates primarily in the semiconductor and electronics industry. Established in 1989, the company has made significant strides in the production of high-quality silicon materials and advanced semiconductor solutions, catering to a diverse range of applications. With a strong focus on innovation, Shin-Etsu Magnetics offers unique products such as silicon wafers and photoresists, which are essential for modern electronic devices. The company is recognised for its commitment to quality and sustainability, positioning itself as a leader in the market. Over the years, Shin-Etsu Magnetics has achieved notable milestones, solidifying its reputation as a trusted partner in the global semiconductor supply chain.
DitchCarbon Score
How does Shin-Etsu Magnetics Philippines, Inc.'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 Metal Fabrication 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
Shin-Etsu Magnetics Philippines, Inc.'s score of 41 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shin-Etsu Magnetics Philippines, Inc. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Shin-Etsu Chemical Co., Ltd., which may influence its climate commitments and performance metrics. As part of its corporate family, Shin-Etsu Magnetics Philippines inherits emissions data and sustainability initiatives from Shin-Etsu Chemical Co., Ltd. at a cascade level of 1. However, no specific reduction targets or climate pledges have been documented for Shin-Etsu Magnetics Philippines, indicating a potential area for development in their environmental strategy. In the context of the semiconductor industry, where Shin-Etsu operates, there is an increasing emphasis on reducing carbon footprints and enhancing sustainability practices. The company may benefit from aligning its initiatives with industry standards and targets set by its parent organization to improve its climate impact and transparency.
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| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Shin-Etsu Magnetics Philippines, Inc.'s Industry?
How Carbon Intensive is Shin-Etsu Magnetics Philippines, Inc.'s Location?
Shin-Etsu Magnetics Philippines, Inc.'s Scope 3 Categories Breakdown
Shin-Etsu Magnetics Philippines, Inc.'s Scope 3 emissions, which increased by 11% last year and increased by approximately 173% since 2014, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 64% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 52% of Scope 3 emissions.
Top Scope 3 Categories
Shin-Etsu Magnetics Philippines, Inc.'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.
Shin-Etsu Magnetics Philippines, Inc. 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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