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.
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.
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.
Spectra Systems Corporation's score of 12 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Spectra Systems Corporation reported total carbon emissions of approximately 132,000 kg CO2e, a slight decrease from about 140,000 kg CO2e in 2023. The emissions breakdown for 2024 indicates that Scope 1 emissions accounted for about 123,000 kg CO2e, while Scope 2 emissions were approximately 9,000 kg CO2e. This reflects a commitment to reducing their carbon footprint, although no specific reduction targets or initiatives have been documented. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Furthermore, there are no climate pledges or SBTi (Science Based Targets initiative) reduction targets reported, indicating that while emissions data is available, formal commitments to future reductions are not established. Spectra Systems Corporation's emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of its own operations. The company continues to focus on its carbon reduction policy, as outlined in its documentation, but specific initiatives or targets remain unspecified.
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.