Modulight Sustainability Profile
Modulight, officially known as Modulight, Inc., is a pioneering company headquartered in Finland (FI) that specialises in advanced laser technology. Founded in 2000, Modulight has established itself as a leader in the photonics industry, focusing on custom laser solutions for medical, industrial, and scientific applications. With a strong presence in Europe and North America, Modulight is renowned for its innovative products, including high-performance laser diodes and systems that cater to diverse sectors such as healthcare and telecommunications. The company’s commitment to quality and precision has earned it a notable position in the market, with significant achievements in developing tailored laser solutions that enhance operational efficiency and effectiveness.
DitchCarbon Score
How does Modulight'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
Modulight's score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Modulight's reported carbon emissions
In 2023, Modulight Oyj reported total carbon emissions of approximately 724,800 kg CO2e. This figure includes Scope 1 emissions of about 8,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of around 116,000 kg CO2e, all from purchased heat. Additionally, Scope 3 emissions totalled approximately 48,000 kg CO2e, with significant contributions from business travel (396,000 kg CO2e) and purchased goods and services (86,000 kg CO2e). In 2022, the company recorded total emissions of about 815,432 kg CO2e, with Scope 1 emissions at approximately 19,000 kg CO2e and Scope 2 emissions at around 114,000 kg CO2e. Scope 3 emissions for that year were significantly lower, totalling about 331,000 kg CO2e. Modulight has set a near-term reduction target to decrease energy used for heating by 30% by 2025, focusing on Scope 2 emissions. This commitment reflects the company's proactive approach to mitigating its environmental impact. No emissions data has been cascaded from a parent or related organization, indicating that all reported figures are directly from Modulight Oyj. The company continues to align its operations with industry standards for climate accountability and sustainability.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 19,000 | 0,000 |
| Scope 2 | 114,000 | 000,000 |
| Scope 3 | 332,000 | 00,000 |
How Carbon Intensive is Modulight's Industry?
How Carbon Intensive is Modulight's Location?
Modulight's Scope 3 Categories Breakdown
Modulight's Scope 3 emissions, which decreased by 86% last year and decreased by approximately 86% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 28% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 825% of Scope 3 emissions.
Top Scope 3 Categories
Modulight'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.
Modulight 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.
