Solomon Systech
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.
-3 vs industry average
Solomon Systech’s score of 24 is lower than 45% 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
Machinery and Equipment has above-average carbon intensity
Industry performance
The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Solomon Systech's reported carbon emissions
Solomon Systech, headquartered in HK and operating in the Machinery and equipment n.e.c. (29) industry, reported total carbon emissions of approximately 15.7 million kg CO2e for 2024. This figure encompasses Scope 1, 2, and 3 emissions.
For 2024, Scope 1 emissions were approximately 6,860 kg CO2e, while Scope 2 emissions totalled approximately 502,370 kg CO2e. Scope 3 emissions were the largest component, amounting to approximately 13.3 million kg CO2e, with purchased goods and services contributing about 7 million kg CO2e and waste generated in operations accounting for approximately 6.25 million kg CO2e.
In 2023, Solomon Systech's Scope 1 emissions were approximately 7,530 kg CO2e and Scope 2 emissions were about 531,630 kg CO2e. Scope 3 data was not disclosed for this year.
The company has set near-term climate targets to reduce GHG emissions gradually by 0.2% by 2025, using 2021 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions. For Scope 1 emissions in 2021, the company reported approximately 8,560 kg CO2e, and for Scope 2 emissions, approximately 3.99 million kg CO2e.
Solomon Systech's commitment to emissions reduction is outlined in their ESG reports. The company has disclosed upstream emissions categories but not downstream categories.
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Solomon Systech’s Climate Goals (2030 & 2050)
2 goals2025
0.2% reduction in Scope 1
Reduce GHG emissions by 0.2% gradually by 2025, using 2021 as the baseline year.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Solomon Systech
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