Veeco
Veeco Instruments Inc., commonly known as Veeco, is a leading provider of advanced manufacturing equipment headquartered in the United States. Founded in 1945, the company has established a strong presence in key operational regions, including Asia and Europe, focusing on the semiconductor, LED, and data storage industries. Veeco is renowned for its innovative solutions in molecular beam epitaxy (MBE), atomic layer deposition (ALD), and other precision manufacturing technologies. These core products are distinguished by their ability to enhance performance and efficiency in high-tech applications. With a commitment to excellence, Veeco has achieved significant milestones, positioning itself as a trusted partner for global manufacturers. The company’s dedication to research and development has solidified its market position, making it a pivotal player in the advancement of next-generation technologies.
DitchCarbon Score
How does Veeco'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 Furniture 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
Veeco's score of 35 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Veeco's reported carbon emissions
In 2023, Veeco reported total greenhouse gas emissions of approximately 18,030,000 kg CO2e, comprising 1,803,000 kg CO2e from Scope 1, 7,517,000 kg CO2e from Scope 2, and 13,437,000 kg CO2e from Scope 3 emissions related to business travel. The total emissions for Scope 1 and 2 combined were about 9,320,000 kg CO2e. In 2022, Veeco's emissions were slightly lower, with total emissions of around 17,200,000 kg CO2e, including 2,339,000 kg CO2e from Scope 1 and 8,132,000 kg CO2e from Scope 2, alongside 3,336,000 kg CO2e from Scope 3. Despite these figures, Veeco has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has not committed to any science-based targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. Overall, Veeco's emissions data highlights the need for enhanced climate commitments and reduction strategies to align with industry standards and expectations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,155,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,623,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 7,029,000 | - | - | 0,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Veeco is not participating in any of the initiatives that 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.
