Spectra Systems Corporation
Spectra Systems Corporation, headquartered in the United States, is a leading innovator in the field of advanced technology solutions, primarily serving the currency and security industries. Founded in 1987, the company has established itself as a pioneer in the development of high-security banknote features and anti-counterfeiting technologies. With a strong presence in North America and Europe, Spectra Systems offers a range of unique products, including advanced optical materials and digital solutions that enhance the security of banknotes and other valuable documents. Their commitment to research and development has positioned them as a trusted partner for central banks and government agencies worldwide. Recognised for their cutting-edge technology and expertise, Spectra Systems continues to set industry standards, making significant strides in the fight against counterfeiting and ensuring the integrity of currency systems globally.
DitchCarbon Score
How does Spectra Systems Corporation'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
Spectra Systems Corporation's score of 20 is lower than 52% 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 Systems Corporation's reported carbon emissions
In 2022, Spectra Systems Corporation reported approximately 75,000,000 kg CO2e in Scope 3 emissions. This figure represents a decrease from 80,000,000 kg CO2e in 2021 and 85,000,000 kg CO2e in 2020, indicating a trend towards reduced emissions over the past few years. The company has not disclosed any Scope 1 or Scope 2 emissions data. Despite the reductions in Scope 3 emissions, Spectra Systems Corporation has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company operates independently without cascading emissions data from a parent organisation. Overall, while Spectra Systems Corporation has made progress in reducing its carbon footprint, further commitments and structured targets would enhance its climate strategy and align it with industry standards for sustainability.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - |
| Scope 2 | - | - | - | - | - | - |
| Scope 3 | 100,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Spectra Systems Corporation is not participating in any 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.
