Spectra Systems Corporation Sustainability Profile
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 6 is lower than 97% 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 2024, Spectra Systems Corporation reported total carbon emissions of approximately 132,000 kg CO2e, comprising about 123,000 kg CO2e from Scope 1 emissions and about 9,000 kg CO2e from Scope 2 emissions. This marks a reduction from 2023, when total emissions were about 140,000 kg CO2e, with Scope 1 emissions at approximately 130,000 kg CO2e and Scope 2 emissions at about 10,000 kg CO2e. Despite these reductions, Spectra Systems Corporation has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. The emissions data is not cascaded from any parent organisation, indicating that the figures are solely representative of Spectra Systems Corporation's own operations. The company continues to focus on its carbon reduction policy, as outlined in its 2024 Carbon Reduction Policy Plan.
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Spectra Systems Corporation'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 Systems Corporation 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.
