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 263,773,000 kg CO2e across all scopes, with specific emissions of 6,232,000 kg CO2e for Scope 1 and 15,483,000 kg CO2e for Scope 2. In 2023, the company recorded emissions of about 313,927,000 kg CO2e, with Scope 1 emissions at 4,670,000 kg CO2e and Scope 2 emissions at 28,234,000 kg CO2e. The trend shows a significant reliance on Scope 3 emissions, which accounted for the majority of their total emissions in both years. 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 metric tons CO2e, targeting a reduction to 17,079 metric tons CO2e. 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 align with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit global warming to 1.5°C. Looking ahead, Soitec aims for near-zero emissions for Scope 1 and 2 by the middle of this decade, demonstrating a strong commitment to sustainability and climate action.
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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.
