Yangtze Memory Technologies Co., Ltd. Sustainability Profile
Yangtze Memory Technologies Co., Ltd. (YMTC), headquartered in China, is a prominent player in the semiconductor industry, specialising in NAND flash memory solutions. Founded in 2016, the company has rapidly established itself as a key innovator in memory technology, focusing on high-density storage products that cater to a diverse range of applications, from consumer electronics to enterprise solutions. With major operational regions across Asia and a commitment to research and development, YMTC has achieved significant milestones, including the introduction of its 3D NAND technology, which enhances performance and efficiency. The company’s unique offerings, characterised by advanced manufacturing processes and competitive pricing, have positioned it as a formidable competitor in the global memory market, contributing to its recognition as a leader in the field.
DitchCarbon Score
How does Yangtze Memory Technologies Co., Ltd.'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 Other Services 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
Yangtze Memory Technologies Co., Ltd.'s score of 22 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yangtze Memory Technologies Co., Ltd.'s reported carbon emissions
Yangtze Memory Technologies Co., Ltd. (YMTC), headquartered in China, currently does not have publicly available carbon emissions data for the most recent year. The company is a current subsidiary of Tsinghua Unigroup Co., Ltd., which may influence its climate commitments and emissions reporting. As of now, YMTC has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised frameworks. The absence of documented reduction targets suggests that the company is still in the early stages of formalising its climate strategy. Emissions data and performance metrics may be inherited from its parent company, Tsinghua Unigroup Co., Ltd., and further cascaded from Beijing Zhiguangxin Holding Co., Ltd. However, specific figures or commitments from these sources have not been disclosed. In summary, while Yangtze Memory Technologies Co., Ltd. is part of a larger corporate structure that may have climate commitments, it currently lacks specific emissions data and reduction targets. The company’s future climate strategy will be crucial in addressing its carbon footprint and aligning with global sustainability goals.
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Yangtze Memory Technologies Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Yangtze Memory Technologies Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
