Velodyne Lidar, Inc. Sustainability Profile
Velodyne Lidar, Inc., a leader in the lidar technology sector, is headquartered in the United States and operates globally, with significant presence in North America, Europe, and Asia. Founded in 1983, the company has pioneered advancements in 3D vision systems, playing a crucial role in the development of autonomous vehicles and smart infrastructure. Velodyne's core offerings include a range of high-performance lidar sensors, known for their precision and reliability. These products are distinguished by their unique ability to provide real-time, accurate spatial data, essential for applications in automotive, robotics, and mapping industries. With a strong market position, Velodyne has achieved notable milestones, including partnerships with leading automotive manufacturers and contributions to the advancement of autonomous driving technologies. The company continues to shape the future of mobility and safety through innovative lidar solutions.
DitchCarbon Score
How does Velodyne Lidar, 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 Medical Device 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
Velodyne Lidar, Inc.'s score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Velodyne Lidar, Inc.'s reported carbon emissions
Velodyne Lidar, Inc., headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. The company is classified as a merged entity, and any potential emissions data or climate commitments may be cascaded from its corporate family. However, no specific sources or details regarding emissions or climate initiatives have been provided. As of now, Velodyne Lidar, Inc. has not disclosed any commitments to industry-standard climate initiatives such as the Science Based Targets initiative (SBTi) or other recognised climate pledges. This lack of data suggests that the company may still be in the early stages of developing its climate strategy or reporting framework. In the context of the lidar industry, companies are increasingly focusing on sustainability and reducing their carbon footprints, but specific commitments or achievements from Velodyne Lidar, Inc. remain unspecified.
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Velodyne Lidar, 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.
Velodyne Lidar, 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.
