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OrganisationsTower Semiconductor Ltd.
Tower Semiconductor Ltd. logo

Tower Semiconductor Ltd.

Communication Equipment ManufacturingIsraelNASDAQ: TSEM
Last verified 4 months agotowersemi.com

Tower Semiconductor Ltd., commonly referred to as TowerJazz, is a leading player in the radio, television, and communication equipment industry, headquartered in Israel (IL). Founded in 1993, the company has established itself as a key provider of advanced semiconductor solutions, specialising in analog and mixed-signal integrated circuits.

With major operational regions across North America, Europe, and Asia, Tower Semiconductor offers a diverse range of products, including RF, power management, and sensor technologies. Its unique manufacturing processes and expertise in specialty technologies set it apart in a competitive market.

Recognised for its innovation, Tower Semiconductor has achieved significant milestones, including partnerships with major technology firms and a strong market position in the semiconductor foundry sector. The company continues to drive advancements in communication equipment, contributing to the evolution of modern electronics.

47
DitchCarbon score

+12 vs industry average

Tower Semiconductor Ltd.’s score of 47 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Communication Equipment Manufacturing has below-average carbon intensity

Industry performance

0.094
20192025

The Communication Equipment Manufacturing industry has reduced its overall emissions by 24% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Tower Semiconductor Ltd.'s reported carbon emissions

Tower Semiconductor Ltd., headquartered in IL and operating within the radio, television, and communication equipment and apparatus industry, reported approximately 556.3 million kg CO2e in total emissions for 2024. This figure comprises about 283.7 million kg CO2e for Scope 1, approximately 143.2 million kg CO2e for Scope 2, and roughly 32 million kg CO2e for Scope 3 emissions. In 2023, the company reported a total of approximately 412 million kg CO2e for Scope 1 and 2 emissions, with Scope 1 contributing about 257 million kg CO2e and Scope 2 approximately 155 million kg CO2e. Scope 3 data was not disclosed for this year. Tower Semiconductor has set a commitment to reduce absolute Scope 1 and 2 emissions by 15% by 2030, using 2022 as a baseline. As of 2024, the company has achieved an 11% reduction against this baseline. Further climate commitments include a net-zero target by 2050, as indicated by their SBTi (Science Based Targets initiative) status. The company has also publicly committed to climate action through the SBTi framework, with a target year of 2024 for their net-zero commitments.

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Tower Semiconductor Ltd.’s Climate Goals (2030 & 2050)

2 goals

2030

15% reduction in Scope 1

Reduce absolute Scope 1 and 2 emissions by 15% by 2030 vs 2022 baseline. Progress: -11% achieved by 2024.

At risk15%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

4 of 15 categories disclosed
Purchased Goods & Services83%
Waste Generated in Operations14%
Business Travel3%
Employee Commuting0%
Purchased Goods & Services83%
Waste Generated in Operations14%
Business Travel3%
Employee Commuting0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Tower Semiconductor Ltd. logoTower Semiconductor Ltd.
ILCommunication Equipment Manufacturing
4 months ago
47
Analog Devices logoAnalog Devices
USElectrical Machinery Manufacturing
1 month ago
82
View
Maxim Integrated Products, Inc. logoMaxim Integrated Products, Inc.
USCommunication Equipment Manufacturing
21 days ago
79
View
Texas Instruments logoTexas Instruments
USElectrical Machinery Manufacturing
21 days ago
79
View
Ams logoAms
ATSemiconductor and Related Device Manufacturing
25 days ago
69
View
United Microelectronics logoUnited Microelectronics
TWElectrical Machinery Manufacturing
3 days ago
67
View
Lumentum logoLumentum
USCommunication Equipment Manufacturing
4 days ago
61
View

Frequently asked questions

Common questions about Tower Semiconductor Ltd.’s sustainability data and climate commitments

Tower Semiconductor Ltd. reported approximately 556.3 million kg CO2e in total emissions for 2024. This includes about 283.7 million kg CO2e from Scope 1, roughly 143.2 million kg CO2e from Scope 2, and approximately 32 million kg CO2e from Scope 3 emissions. These figures highlight the company's overall carbon footprint and the distribution of emissions across different operational scopes, which is crucial for understanding its environmental impact.

Data year: 2024

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