Advantech
Advantech Co., Ltd., a leading provider of embedded and automation solutions, is headquartered in Taiwan (TW) and operates globally across key regions including North America, Europe, and Asia. Founded in 1983, Advantech has established itself as a pioneer in the Industrial Internet of Things (IIoT) sector, focusing on smart manufacturing, intelligent transportation, and healthcare applications. The company offers a diverse range of products and services, including industrial computers, IoT gateways, and automation systems, all designed to enhance operational efficiency and connectivity. Advantech's commitment to innovation is evident in its extensive portfolio, which integrates cutting-edge technologies to meet the evolving needs of various industries. With a strong market position and numerous accolades, Advantech continues to drive advancements in industrial automation and IoT solutions, solidifying its reputation as a trusted partner for businesses worldwide.
DitchCarbon Score
How does Advantech'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 Motor Vehicle 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
Advantech's score of 44 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Advantech's reported carbon emissions
In 2023, Advantech reported total greenhouse gas emissions of approximately 32,282,800 kg CO2e for Scope 1 and 26,638,340 kg CO2e for Scope 2. Additionally, Scope 3 emissions were significant, with approximately 716,553,050 kg CO2e attributed to the use of sold products, alongside other categories such as purchased goods and services, which accounted for about 213,927,890 kg CO2e. Advantech has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 60% per million NTD revenue by 2030, using 2019 as the base year. Furthermore, the company targets a 49% reduction in Scope 3 emissions from the use of sold products, also relative to 2019 revenue levels. These targets align with the Science Based Targets initiative (SBTi) and are classified as consistent with keeping global warming well below 2°C. Overall, Advantech's proactive approach to managing its carbon footprint reflects its commitment to sustainability and climate responsibility, particularly in the technology hardware and equipment sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,941,800 | 0,000,000.0 | 0,000,000.0 | 0,000,000.0 | 0,000,000.0 | 0,000,000 |
| Scope 2 | 28,666,880 | 00,000,000.0 | 00,000,000.0 | 00,000,000.0 | 00,000,000.0 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 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.
Advantech 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.
