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.
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.
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.
Tower Semiconductor Ltd.'s score of 23 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tower Semiconductor Ltd., headquartered in Israel, has made significant commitments towards reducing its carbon emissions, although specific emissions data is currently unavailable. The company has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which underscores Tower Semiconductor's dedication to addressing climate change within the semiconductor industry. As of 2023, Tower Semiconductor is actively working towards its net-zero goal, demonstrating a proactive approach to sustainability. While no specific reduction targets have been outlined for the near term, the company's commitment to net-zero emissions reflects a strategic focus on integrating climate considerations into its operations. In summary, Tower Semiconductor Ltd. is on a path towards significant climate action, with a long-term vision for net-zero emissions by 2050, although detailed emissions data and specific reduction targets are not currently available.
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 committed to some reduction initiatives 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.