Xp Power
Xp Power, a leading provider of power solutions, is headquartered in Singapore and operates extensively across Europe, North America, and Asia. Founded in 1988, the company has established itself in the power supply industry, specialising in high-quality AC-DC power supplies and DC-DC converters. With a commitment to innovation, Xp Power offers unique products that are designed to meet stringent industry standards, ensuring reliability and efficiency. The company has achieved significant milestones, including a strong market position bolstered by its focus on customer-centric solutions and sustainability. Recognised for its engineering excellence, Xp Power continues to serve diverse sectors such as medical, industrial, and technology, making it a trusted name in power solutions worldwide.
DitchCarbon Score
How does Xp Power'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
Xp Power's score of 59 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Xp Power's reported carbon emissions
In 2022, Xp Power reported total greenhouse gas emissions of approximately 681,789,400 kg CO2e, which includes 561,200 kg CO2e from Scope 1, 6,481,100 kg CO2e from Scope 2, and a significant 674,968,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to achieve net-zero emissions across all scopes by 2040. This includes a near-term target to reduce absolute Scope 1 and 2 emissions by 42% by 2030, using 2022 as the baseline year. Furthermore, Xp Power plans to cut Scope 3 emissions by 25% within the same timeframe. For the near-term, Xp Power has also established an intensity target of 22.3 kg CO2 per £1,000 of revenue by 2025, representing a reduction of about 22.8% from previous levels. The company intends to submit its emissions reduction targets for verification by the Science Based Targets Initiative (SBTi) in the first half of 2023, reinforcing its commitment to align with global climate goals. Overall, Xp Power's strategy reflects a comprehensive approach to reducing carbon emissions, with a clear focus on both absolute and intensity-based targets across its operations.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,068,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 0,000 | 000,000 | 000,000 |
| Scope 2 | 46,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,068,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 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.
Xp Power is participating in some of the initiatives that 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.
