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Solomon Systech
Machinery and EquipmentHong Kong SAR ChinaHKSE: 2878.HK
Last verified 19 days agosolomon-systech.com
Solomon Systech Limited, a prominent player in the machinery and equipment sector, is headquartered in Hong Kong. Founded in 1999, the company has established itself within the niche of machinery and equipment not elsewhere classified (29), focusing on innovative solutions for the semiconductor and display industries.
With a commitment to excellence, Solomon Systech offers a range of core products, including display driver ICs and power management solutions, which are distinguished by their high performance and energy efficiency. The company has achieved significant milestones, positioning itself as a leader in the market, particularly in Asia and beyond.
Recognised for its technological advancements and robust product portfolio, Solomon Systech continues to drive innovation, catering to the evolving needs of its global clientele.
22
DitchCarbon score
-5 vs industry average
Solomon Systech’s score of 22 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Machinery and Equipment has above-average carbon intensity
Industry performance
0.418
20182025
The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Solomon Systech's reported carbon emissions
Solomon Systech, a Hong Kong-headquartered company in the machinery and equipment sector, reported its carbon emissions for 2024. The company's Scope 1 emissions were approximately 6,860 kg CO2e, and Scope 2 emissions were around 502,370 kg CO2e. Scope 3 emissions were approximately 13,336,360 kg CO2e, with significant contributions from purchased goods and services (6,968,330 kg CO2e) and waste generated in operations (6,252,590 kg CO2e).
Looking back, in 2023, Solomon Systech's Scope 1 emissions were about 7,530 kg CO2e, and Scope 2 emissions were approximately 531,630 kg CO2e. For 2022, Scope 1 emissions were around 6,970 kg CO2e and Scope 2 emissions were roughly 642,510 kg CO2e. In 2021, Scope 1 emissions stood at approximately 8,560 kg CO2e, and Scope 2 emissions were about 3,996,030 kg CO2e.
Solomon Systech has set near-term climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 0.2% gradually by 2025, using 2021 as the baseline year.
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Solomon Systech’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Solomon Systech19 days ago
22
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