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updated 6 months ago

Yangtze Memory Technologies Co., Ltd.

Company website

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.

41

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.

27

Industry Benchmark

Yangtze Memory Technologies Co., Ltd.'s score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Yangtze Memory Technologies Co., Ltd.'s primary industry is Other services (93), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Yangtze Memory Technologies Co., Ltd. is in CN, which we do not have grid emissions data for.

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.

Yangtze Memory Technologies Co., Ltd. is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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