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 Europe, 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 38 is higher than 90% 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 307,915,772,000 kg CO2e for Scope 3 emissions. This reflects a significant commitment to transparency in their emissions reporting, covering all three scopes of emissions. Over the years, Wolf Speed has shown a trend of increasing emissions, with Scope 1 emissions rising from about 146,900,000 kg CO2e in 2015 to the latest figure in 2023. Similarly, Scope 2 emissions have fluctuated, with a notable increase from 168,500,000 kg CO2e in 2015 to 131,919,000 kg CO2e in 2023. Scope 3 emissions, which include indirect emissions from the supply chain and product use, have also seen substantial growth, indicating the complexity of managing emissions across their operations. Despite the lack of specific reduction targets or initiatives disclosed, Wolf Speed's commitment to sustainability is evident through their comprehensive emissions reporting. The company operates within the semiconductor industry, which is increasingly under pressure to reduce carbon footprints and enhance sustainability practices. As such, Wolf Speed's ongoing efforts to monitor and report emissions are crucial in aligning with industry standards and expectations for climate action.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 146,900 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 168,500 | 000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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 not committed to any 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.
