Ultratech, Inc. Sustainability Profile
Ultratech, Inc., a leading name in advanced technology solutions, is headquartered in the United States, with significant operations across North America and Europe. Founded in 1995, the company has established itself in the semiconductor and materials science industries, focusing on innovative manufacturing equipment and processes. Ultratech is renowned for its unique laser-based technologies and advanced packaging solutions, which enhance the performance and reliability of electronic devices. With a commitment to quality and innovation, Ultratech has achieved notable milestones, including several patents and industry awards that underscore its market position. As a trusted partner for major tech firms, Ultratech continues to drive advancements in the field, solidifying its reputation as a pioneer in the industry.
DitchCarbon Score
How does Ultratech, Inc.'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 Machinery and Equipment 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
Ultratech, Inc.'s score of 38 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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Ultratech, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is identified as a merged entity, inheriting its climate-related data from Veeco Instruments Inc. at a cascade level of 1. Despite the lack of direct emissions data, Ultratech is part of a corporate family that may have climate commitments and initiatives. However, no specific reduction targets or climate pledges have been documented for Ultratech itself. The absence of data on Scope 1, 2, or 3 emissions suggests that the company has yet to establish a clear framework for measuring and reporting its carbon footprint. As the industry increasingly prioritises sustainability, Ultratech's commitment to addressing climate change remains unclear without defined targets or initiatives. The company may benefit from aligning with industry standards and setting measurable goals to enhance its environmental performance and transparency.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,160,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,620,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 00,000,000 |
How Carbon Intensive is Ultratech, Inc.'s Industry?
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Ultratech, Inc.'s Scope 3 Categories Breakdown
Ultratech, Inc.'s Scope 3 emissions, which increased by 303% last year and increased by approximately 303% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 59% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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Ultratech, Inc.'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.
Ultratech, Inc. 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.
