Soitec Sustainability Profile
Soitec, a leading innovator in semiconductor materials, is headquartered in France and operates extensively across Europe, Asia, and North America. Founded in 1992, the company has established itself as a pioneer in the development of silicon-on-insulator (SOI) technology, which is crucial for enhancing the performance of electronic devices. Soitec's core offerings include advanced substrates for microelectronics, power electronics, and photonics, setting them apart with their unique Smart Cut™ technology. This proprietary process allows for the production of high-quality wafers that significantly improve energy efficiency and performance in various applications. With a strong market position, Soitec has achieved notable milestones, including partnerships with major semiconductor manufacturers and a commitment to sustainability in its operations. The company continues to drive innovation in the semiconductor industry, positioning itself as a key player in the global market.
DitchCarbon Score
How does Soitec'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 Furniture 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
Soitec's score of 57 is higher 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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Soitec's reported carbon emissions
In 2024, Soitec reported total greenhouse gas emissions of approximately 326,647,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 6,570,000 kg CO2e, Scope 2 emissions of approximately 17,007,000 kg CO2e, and significant Scope 3 emissions amounting to about 326,647,000 kg CO2e. The previous year, 2023, saw total emissions of approximately 293,824,000 kg CO2e, with Scope 1 at about 5,000,000 kg CO2e and Scope 2 at around 20,748,000 kg CO2e. Soitec has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 25.2% by 2026, using a 2020 baseline of 22,833 tCO2e, targeting a reduction to 17,079 tCO2e. Additionally, the company is committed to reducing Scope 3 emissions by 35.3% per million Euros of value added within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit global warming to 1.5°C. The company aims for near-zero emissions in Scope 1 and 2 by the mid-2020s, reflecting a strong commitment to sustainability and climate action. Soitec's emissions data and reduction targets are sourced directly from Soitec SA, with no cascaded data from parent organizations.
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| 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 4,238,000 | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,762,000 | 0,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Soitec's Scope 3 Categories Breakdown
Soitec's Scope 3 emissions, which increased by 11% last year and increased by approximately 119% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 53% of Scope 3 emissions.
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Soitec'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.
Soitec has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Soitec's sustainability data and climate commitments