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.
+16 vs industry average
Wolf Speed’s score of 52 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Wolf Speed's reported carbon 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.
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Wolf Speed’s Climate Goals (2030 & 2050)
1 goal2030
50% reduction in all scopes
Wolfspeed has set a goal for Scope 1 and 2 to be net zero by 2050 and an interim target to reach a 50% reduction in Scope 1 and 2 emissions…
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.
See all 1 climate goals
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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