Wolf Speed
Wolf Speed, officially known as Wolfspeed, Inc., is a leading innovator in the semiconductor industry, headquartered in the United States. Founded in 1987, the company has established itself as a pioneer in wide bandgap semiconductor technology, particularly in silicon carbide (SiC) and gallium nitride (GaN) materials. With major operational regions across North America and expanding globally, Wolfspeed focuses on delivering high-performance power and radio frequency (RF) solutions. The company’s core products include SiC power devices, RF components, and materials, which are renowned for their efficiency and reliability in demanding applications. Wolfspeed's commitment to sustainability and performance has positioned it as a key player in the electric vehicle, renewable energy, and telecommunications sectors. Notable achievements include significant advancements in energy efficiency and a strong market presence, making Wolfspeed a trusted name in the semiconductor landscape.
DitchCarbon Score
How does Wolf Speed'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
Wolf Speed's score of 25 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Wolf Speed's reported carbon emissions
In 2023, Wolf Speed reported total carbon emissions of approximately 355,348,000 kg CO2e for Scope 1, 131,919,000 kg CO2e for Scope 2, and 72,000,000,000 kg CO2e for Scope 3 emissions. This indicates a significant reliance on Scope 3 emissions, primarily from the use of sold products, which accounted for about 306,000,000,000 kg CO2e. Over the years, Wolf Speed's emissions have shown fluctuations. For instance, in 2022, the company emitted approximately 309,299,000 kg CO2e in Scope 1, 131,919,000 kg CO2e in Scope 2, and 67,000,000,000 kg CO2e in Scope 3. The trend suggests a growing emphasis on managing emissions, particularly in Scope 3, which is often the largest contributor in manufacturing sectors. Despite these figures, there are currently no publicly disclosed reduction targets or initiatives from Wolf Speed, indicating a potential area for improvement in their climate commitments. The absence of specific reduction goals may limit their ability to effectively address their carbon footprint in alignment with industry standards. Overall, while Wolf Speed has made strides in tracking emissions, the lack of defined reduction strategies highlights the need for a more robust approach to climate action.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 179,507,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 167,894,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 3,346,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Wolf Speed is committed to some reduction initiatives 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.
