Coherent
Coherent, Inc., a leading player in the photonics industry, is headquartered in the United States and operates across major regions including Europe and Asia. Founded in 1966, the company has established itself as a pioneer in laser technology, serving diverse sectors such as industrial manufacturing, medical devices, and scientific research. Coherent's core offerings include high-performance lasers, laser-based systems, and advanced optics, all distinguished by their precision and reliability. The company has achieved significant milestones, including numerous innovations in laser applications, solidifying its position as a trusted partner in the global market. With a commitment to excellence and a robust portfolio, Coherent continues to drive advancements in photonics, catering to the evolving needs of its customers.
DitchCarbon Score
How does Coherent'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 Medical Device 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
Coherent's score of 50 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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Coherent's reported carbon emissions
In 2024, Coherent reported total carbon emissions of approximately 118,829,000 kg CO2e (market-based) and 353,641,000 kg CO2e (location-based). The emissions breakdown includes Scope 1 emissions of about 49,148,000 kg CO2e, Scope 2 emissions of approximately 69,681,000 kg CO2e (market-based), and significant Scope 3 emissions, notably from purchased goods and services at about 679,274,000 kg CO2e. In 2023, Coherent's emissions were approximately 185,626,000 kg CO2e (market-based) and 346,077,000 kg CO2e (location-based), with Scope 1 emissions at about 53,646,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero Scope 1 and Scope 2 emissions by FY2040, as announced in December 2023. This long-term goal is part of a broader strategy to approach net-zero global CO2 emissions by 2050, focusing on energy management across operations. Coherent's emissions data is sourced directly from Coherent Corp., with no cascading from a parent organisation. The company actively discloses its emissions and reduction targets, demonstrating a commitment to transparency and accountability in its climate initiatives.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 35,266,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 236,402,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | 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.
Coherent 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.
