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 59% 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 Instruments Inc., headquartered in the US, reported total greenhouse gas emissions of approximately 18,030,000 kg CO2e for Scope 1, 7,517,000 kg CO2e for Scope 2, and 13,437,000 kg CO2e for Scope 3 emissions, resulting in a combined total of about 25,547,000 kg CO2e for Scope 1 and 2. This represents a slight decrease from 2022, where the total emissions for Scope 1 and 2 were approximately 10,472,000 kg CO2e, with Scope 1 emissions at 2,339,000 kg CO2e and Scope 2 emissions at 8,132,000 kg CO2e. Veeco has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from Veeco Instruments Inc. The company has made strides in transparency by disclosing emissions across all relevant scopes, which is crucial for understanding its overall climate impact. However, the absence of formal reduction targets suggests that further commitments may be necessary to align with industry standards for climate action.
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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 |
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.
