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Modulight, a leading innovator in the medical, precision, and optical instruments sector, is headquartered in Finland (FI). Founded in 2000, the company has established itself as a key player in the development of advanced laser technologies, particularly for medical applications. With a focus on precision and reliability, Modulight offers a range of unique products, including customised laser systems that cater to various medical fields.
The company has achieved significant milestones, including collaborations with renowned medical institutions and a strong presence in major operational regions across Europe and North America. Modulight's commitment to quality and innovation has positioned it as a trusted partner in the medical industry, making it a preferred choice for healthcare professionals seeking cutting-edge solutions.
-4 vs industry average
Modulight’s score of 28 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Medical Device Manufacturing has below-average carbon intensity
The Medical Device Manufacturing industry has reduced its overall emissions by 32% since 2018
Scope 3 accounts for ••• of total emissions.
Modulight's Carbon Footprint and Climate Action
Modulight, a Finnish manufacturer in the Medical, precision, and optical instruments industry, is actively working to reduce its environmental impact. In 2023, Modulight's total carbon emissions were approximately 724,800 kg CO2e. This included around 8,000 kg CO2e from Scope 1 emissions (direct emissions), approximately 116,000 kg CO2e from Scope 2 emissions (indirect emissions from purchased energy), and about 480,000 kg CO2e from Scope 3 emissions (other indirect emissions, with a significant portion from business travel).
For comparison, in 2022, Modulight reported Scope 1 emissions of approximately 19,000 kg CO2e (including 8,000 kg CO2e from mobile combustion and 11,000 kg CO2e from process emissions), and Scope 2 emissions of about 114,000 kg CO2e (primarily from purchased heat). Their Scope 3 emissions in 2022 included approximately 312,000 kg CO2e from business travel, 19,000 kg CO2e from employee commute, and 1,000 kg CO2e from purchased goods and services.
Modulight has set a near-term climate target to reduce energy used for heating by 30% by 2025, specifically targeting their Scope 2 emissions. This commitment demonstrates their proactive approach to mitigating climate change within their operations.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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