Truly Semiconductors Ltd. Sustainability Profile
Truly Semiconductors Ltd., a prominent player in the semiconductor industry, is headquartered in China (CN) and operates extensively across Asia and beyond. Founded in 2004, the company has established itself as a leader in the design and manufacturing of advanced display driver ICs and power management solutions. Truly Semiconductors is renowned for its innovative products, including high-performance LCD and OLED driver ICs, which are integral to modern display technologies. The company’s commitment to quality and cutting-edge technology has earned it a strong market position, serving major clients in consumer electronics and automotive sectors. With a focus on research and development, Truly Semiconductors continues to achieve significant milestones, solidifying its reputation as a trusted partner in the global semiconductor landscape.
DitchCarbon Score
How does Truly Semiconductors 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 Electrical Machinery 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
Truly Semiconductors Ltd.'s score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Truly Semiconductors Ltd., headquartered in China (CN), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Truly International Holdings Limited, which may influence its climate commitments and emissions reporting. As of now, Truly Semiconductors Ltd. has not established any documented reduction targets or climate pledges. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the context of the semiconductor industry, which is increasingly focusing on sustainability and carbon neutrality, Truly Semiconductors Ltd. may need to align its practices with industry standards and expectations. This includes potentially adopting science-based targets and engaging in initiatives such as the Carbon Disclosure Project (CDP), from which it inherits performance data at a cascade level of 2. In summary, while Truly Semiconductors Ltd. currently lacks specific emissions data and reduction commitments, its affiliation with Truly International Holdings Limited may provide a framework for future climate action and reporting.
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| 2019 | |
|---|---|
| Scope 1 | 580,200 |
| Scope 2 | 471,684,800 |
| Scope 3 | - |
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Truly Semiconductors Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Truly Semiconductors Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
