Spectra-Physics, Inc. Sustainability Profile
Spectra-Physics, Inc., a leading name in the laser technology industry, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1961, the company has established itself as a pioneer in the development of advanced laser solutions, catering to diverse sectors such as scientific research, industrial manufacturing, and medical applications. Renowned for its innovative core products, including high-performance lasers and laser systems, Spectra-Physics stands out for its commitment to precision and reliability. The company has achieved significant milestones, including numerous patents and awards that underscore its market leadership. With a strong focus on customer-centric solutions, Spectra-Physics continues to drive advancements in laser technology, solidifying its position as a trusted partner in the global marketplace.
DitchCarbon Score
How does Spectra-Physics, Inc.'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 Electrical Machinery 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
Spectra-Physics, Inc.'s score of 40 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Spectra-Physics, Inc., headquartered in the US, currently does not report specific carbon emissions data, as no emissions figures are available. The company is a current subsidiary of MKS Instruments, Inc., which influences its climate commitments and initiatives. While Spectra-Physics has not set its own reduction targets, it inherits sustainability initiatives from MKS Instruments, Inc. at a cascade level of 2. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which guide its climate strategies. However, specific reduction targets or achievements have not been disclosed. As part of its corporate family, Spectra-Physics aligns with broader industry standards and commitments to reduce carbon emissions, although detailed metrics and specific goals remain unspecified. The company is expected to contribute to the overarching sustainability efforts of MKS Instruments, Inc., reflecting a commitment to addressing climate change within its operational framework.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,316,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 29,033,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,611,000 | 00,000,000 | - | - |
How Carbon Intensive is Spectra-Physics, Inc.'s Industry?
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Spectra-Physics, Inc.'s Scope 3 Categories Breakdown
Spectra-Physics, Inc.'s Scope 3 emissions, which increased significantly last year and increased significantly since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 32% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 95% of Scope 3 emissions.
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Spectra-Physics, Inc.'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.
Spectra-Physics, Inc. 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.
