Solomon Systech Sustainability Profile
Solomon Systech Limited, a leading innovator in the semiconductor industry, is headquartered in Hong Kong (HK) and operates extensively across Asia and Europe. Founded in 1999, the company has established itself as a key player in the design and development of display driver ICs and touch controller solutions, catering to a diverse range of applications including smartphones, tablets, and automotive displays. With a strong focus on research and development, Solomon Systech has achieved significant milestones, including the introduction of advanced technologies that enhance display performance and energy efficiency. Their core products, characterised by high integration and reliability, set them apart in a competitive market. Recognised for their commitment to quality and innovation, Solomon Systech continues to solidify its position as a trusted partner for leading global brands in the electronics sector.
DitchCarbon Score
How does Solomon Systech'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 Machinery and Equipment 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
Solomon Systech's score of 38 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Solomon Systech's reported carbon emissions
In 2024, Solomon Systech reported total carbon emissions of approximately 15,721,180 kg CO2e. This figure includes 6,860 kg CO2e from Scope 1 emissions, 502,370 kg CO2e from Scope 2 emissions, and a significant 13,336,360 kg CO2e from Scope 3 emissions, which encompasses categories such as business travel (115,440 kg CO2e) and purchased goods and services (6,968,330 kg CO2e). For the previous year, 2023, the company disclosed emissions of about 2,691,760 kg CO2e in China, with Scope 1 emissions at 17,600 kg CO2e and Scope 2 emissions at 2,674,160 kg CO2e. Global emissions for the same year were reported at approximately 539,160 kg CO2e, comprising 7,530 kg CO2e from Scope 1 and 531,630 kg CO2e from Scope 2. Solomon Systech has set reduction targets aimed at decreasing greenhouse gas emissions by 0.2% for both Scope 1 and Scope 2 by 2025, using 2021 as the baseline year. This commitment reflects the company's proactive approach to climate action, although specific targets for Scope 3 emissions have not been established. The emissions data is not cascaded from any parent company, indicating that Solomon Systech operates independently in its reporting and climate commitments. The company is actively working towards enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 8,560 | 0,000 | 0,000 | 0,000 |
| Scope 2 | 3,996,030 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | 00,000,000 |
How Carbon Intensive is Solomon Systech's Industry?
How Carbon Intensive is Solomon Systech's Location?
Solomon Systech's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 52% of Scope 3 emissions.
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Solomon Systech'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.
Solomon Systech 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.
