Tower Semiconductor Ltd.
Tower Semiconductor Ltd., commonly referred to as TowerJazz, is a leading global foundry headquartered in Israel (IL). Established in 1993, the company has made significant strides in the semiconductor industry, specialising in analog and mixed-signal integrated circuits. With operational facilities in the United States, Japan, and Europe, Tower Semiconductor serves a diverse range of sectors, including automotive, consumer electronics, and industrial applications. The company is renowned for its unique manufacturing processes, particularly in RF, power management, and CMOS image sensors, which set it apart from competitors. Tower Semiconductor has achieved notable milestones, including partnerships with major technology firms and a strong market position as a trusted provider of advanced semiconductor solutions. With a commitment to innovation and quality, Tower Semiconductor continues to shape the future of the semiconductor landscape.
DitchCarbon Score
How does Tower Semiconductor Ltd.'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 Communication Equipment 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
Tower Semiconductor Ltd.'s score of 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tower Semiconductor Ltd.'s reported carbon emissions
In 2023, Tower Semiconductor Ltd. reported total carbon emissions of approximately 412,000,000 kg CO2e, comprising 257,000,000 kg CO2e from Scope 1 and 155,000,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where emissions were about 475,000,000 kg CO2e, with Scope 1 emissions at 344,000,000 kg CO2e and Scope 2 at 131,000,000 kg CO2e. The company has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which underscores Tower Semiconductor's dedication to sustainable practices within the semiconductor industry. The company is actively working towards these targets, having initiated its reduction journey in 2023. Tower Semiconductor's headquarters is located in Israel (IL), and it operates within the semiconductor and semiconductor equipment sector. The company’s emissions data is not cascaded from any parent organization, indicating that it independently reports its climate impact and commitments.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 344,000,000 | 000,000,000 |
| Scope 2 | 131,000,000 | 000,000,000 |
| Scope 3 | - | - |
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.
Tower Semiconductor Ltd. is participating in some 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.
