Soitec
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 54 is higher than 74% 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 285,000,000 kg CO2e, comprising 6,232,000 kg CO2e from Scope 1, 15,483,000 kg CO2e from Scope 2, and 263,773,000 kg CO2e from Scope 3 emissions. This represents a slight decrease in Scope 1 emissions from 2023, where they were about 4,670,000 kg CO2e, and a reduction in Scope 2 emissions from 28,234,000 kg CO2e. However, Scope 3 emissions increased from 313,927,000 kg CO2e in 2023. Soitec has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 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, with a longer-term goal of a 37% reduction by 2030 compared to the 2020 baseline. Soitec's emissions data and climate commitments reflect its proactive approach to sustainability within the semiconductor industry, headquartered in France.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 4,160,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 149,118,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Soitec is participating in some 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.
