Silver Spring Networks, Inc. Sustainability Profile
Silver Spring Networks, Inc., a leading provider of smart grid solutions, is headquartered in the United States. Founded in 2002, the company has established itself as a key player in the Internet of Things (IoT) industry, focusing on advanced networking and data analytics for utility companies. With a strong presence in North America and expanding operations in international markets, Silver Spring Networks delivers innovative products that enhance energy efficiency and grid reliability. The company’s core offerings include its IoT platform, which integrates smart meters, sensors, and software applications, enabling utilities to optimise operations and improve customer engagement. Notable achievements include partnerships with major utility providers and recognition for its contributions to smart city initiatives. Silver Spring Networks continues to solidify its market position through cutting-edge technology and a commitment to sustainable energy solutions.
DitchCarbon Score
How does Silver Spring Networks, 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 Communication Equipment 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
Silver Spring Networks, Inc.'s score of 69 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Silver Spring Networks, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is part of a merged entity with Itron, Inc., which influences its climate commitments and reporting. While no direct emissions data is available, Silver Spring Networks inherits climate initiatives and targets from Itron, Inc. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are crucial for setting and achieving meaningful emissions reduction goals. As of now, there are no documented reduction targets or specific climate pledges from Silver Spring Networks. However, the company's alignment with Itron's sustainability efforts suggests a commitment to addressing climate change through industry-standard practices. In summary, while specific emissions data for Silver Spring Networks is not available, its relationship with Itron, Inc. positions it within a framework of climate accountability and potential future emissions reduction initiatives.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,445,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 19,518,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Silver Spring Networks, Inc.'s Industry?
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Silver Spring Networks, Inc.'s Scope 3 Categories Breakdown
Silver Spring Networks, Inc.'s Scope 3 emissions, which increased by 16% last year and decreased by approximately 23% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 56% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 40% of Scope 3 emissions.
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Silver Spring Networks, 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.
Silver Spring Networks, 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.
