Tower Semiconductor Ltd.

Tower Semiconductor Ltd., an Israeli company in the Radio, television and communication equipment and apparatus industry, reported its 2024 Scope 1 emissions as approximately 283,699,000 kg CO2e, Scope 2 emissions as approximately 143,207,000 kg CO2e, and Scope 3 emissions as about 32,019,000 kg CO2e. The company’s Scope 3 emissions breakdown includes approximately 951,200 kg CO2e from business travel, about 14,100 kg CO2e from employee commuting, roughly 26,698,700 kg CO2e from purchased goods and services, and around 4,355,000 kg CO2e from waste generated in operations.

Looking back, in 2023, Tower Semiconductor Ltd. reported Scope 1 emissions of approximately 257,000,000 kg CO2e and Scope 2 emissions of about 155,000,000 kg CO2e. In 2022, their Scope 1 emissions were approximately 341,006,000 kg CO2e and Scope 2 emissions were around 137,990,000 kg CO2e.

Tower Semiconductor Ltd. has committed to reducing its absolute Scope 1 and 2 emissions by 15% by 2030, using a 2022 baseline. By 2024, they had achieved an 11% reduction against this target. The company has also committed to Net-Zero with the Science Based Targets initiative (SBTi).