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OrganisationsWolf Speed
Wolf Speed logo

Wolf Speed

Electrical Machinery ManufacturingUnited StatesAMEX: FSP
Last verified 8 months agowolfspeed.com

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.

52
DitchCarbon score

+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

Low

Electrical Machinery Manufacturing has below-average carbon intensity

Industry performance

0.110
20192025

The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019

Emissions trajectory 2020 – 2027

000.0B000.0B000.0B000.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

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 goal

2030

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…

At risk50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

11 of 15 categories disclosed
Use of Sold Products99%
Purchased Goods & Services0%
Capital Goods0%
Fuel & Energy Activities0%
Processing of Sold Products0%
Upstream Transportation & Distribution0%
Waste Generated in Operations0%
Business Travel0%
Use of Sold Products99%
Purchased Goods & Services0%
Capital Goods0%
Fuel & Energy Activities0%
Processing of Sold Products0%
Upstream Transportation & Distribution0%
Waste Generated in Operations0%
Business Travel0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Wolf Speed logoWolf Speed
USElectrical Machinery Manufacturing
8 months ago
52
I
Infineon Technologies Americas Corp.
USCommunication Equipment Manufacturing
23 days ago
69
View
Nordic Semiconductor logoNordic Semiconductor
NOElectrical Machinery Manufacturing
3 days ago
66
View
Cirrus Logic logoCirrus Logic
USElectrical Machinery Manufacturing
23 days ago
66
View
Mellanox Technologies, Ltd. logoMellanox Technologies, Ltd.
USCommunication Equipment Manufacturing
23 days ago
58
View
Renesas Electronics America Inc. logoRenesas Electronics America Inc.
USCommunication Equipment Manufacturing
21 days ago
51
View
Semtech logoSemtech
USSemiconductor and Related Device Manufacturing
2 days ago
42
View

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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

167-169 Great Portland Street

London W1W 5PF

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