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 45 is higher than 66% 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 8,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 116,000 kg CO2e from Scope 2 emissions, all attributed to purchased heat. Scope 3 emissions accounted for about 48,000 kg CO2e, with significant contributions from business travel (396,000 kg CO2e) and purchased goods and services (86,000 kg CO2e). In comparison, the 2022 emissions data indicated a total of approximately 815,000 kg CO2e, with Scope 1 emissions at 19,000 kg CO2e, Scope 2 emissions at 114,000 kg CO2e, and Scope 3 emissions at 331,000 kg CO2e. This reflects a notable reduction in total emissions year-on-year. Modulight has set a near-term target to reduce energy used for heating by 30% by 2025, focusing on Scope 2 emissions. This commitment underscores their dedication to improving energy efficiency and reducing their carbon footprint. The emissions data is not cascaded from any parent organization, indicating that Modulight is independently reporting its climate impact. 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.
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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.
