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**Wolfspeed: Powering the Future with Silicon Carbide Innovation**
Headquartered in the US, Wolfspeed, Inc., often referred to simply as Wolfspeed, is a global leader in silicon carbide technology, revolutionising the electrical machinery and apparatus industry. Established in 1987, the company has consistently pioneered advancements in power semiconductors and RF devices, driving efficiency and performance across diverse applications.
Wolfspeed specialises in the research, development, and manufacturing of silicon carbide materials, power devices, and RF devices. Their unique expertise in silicon carbide enables superior power density, efficiency, and reliability compared to traditional silicon-based solutions, making them indispensable for electric vehicles, renewable energy, and 5G networks.
As a market leader, Wolfspeed's innovative products are critical components in the global shift towards a more sustainable and technologically advanced future. Their commitment to groundbreaking silicon carbide technology solidifies their position at the forefront of the power electronics revolution.
+26 vs industry average
Wolf Speed’s score of 56 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electrical Machinery Manufacturing has above-average carbon intensity
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
In 2024, Wolfspeed reported total carbon emissions of approximately 173,155,039,000 kg CO2e, encompassing Scope 1, 2, and 3 emissions. The breakdown includes Scope 1 emissions of 143,754,000 kg CO2e and Scope 2 emissions of 132,084,000 kg CO2e (market-based). The majority of their emissions stem from Scope 3, which accounted for about 173.2 billion kg CO2e, primarily from the use of sold products.
Wolfspeed has committed to achieving net-zero emissions for Scope 1 and 2 by 2050, with an interim target of a 50% reduction by 2030 compared to a 2019 baseline. This ambitious goal reflects their dedication to addressing climate change and reducing their carbon footprint across all scopes.
The company’s emissions data is not cascaded from any parent organisation, ensuring that their reported figures are independently sourced. As part of their sustainability initiatives, Wolfspeed actively engages in reducing emissions and enhancing transparency in their environmental impact reporting.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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