Monolithic Power Systems Sustainability Profile
Monolithic Power Systems, Inc. (MPS) is a leading provider of high-performance power management solutions, headquartered in the United States. Founded in 1997, the company has established itself as a key player in the semiconductor industry, focusing on innovative power management products for various applications, including automotive, industrial, and consumer electronics. With a strong presence in North America, Europe, and Asia, MPS offers a diverse range of core products, such as DC-DC converters, LED drivers, and battery management systems. Their unique approach combines advanced technology with a commitment to efficiency and reliability, setting them apart in a competitive market. Notable achievements include numerous industry awards and a reputation for excellence in customer service, solidifying Monolithic Power Systems' position as a trusted partner in power solutions.
DitchCarbon Score
How does Monolithic Power Systems'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 Electrical Machinery 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
Monolithic Power Systems's score of 38 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Monolithic Power Systems's reported carbon emissions
In 2023, Monolithic Power Systems (MPS) reported total carbon emissions of approximately 27,141,000 kg CO2e. This figure includes 2,794,000 kg CO2e from Scope 1 emissions and 24,342,000 kg CO2e from Scope 2 emissions, based on a market-based approach. In comparison, the previous year, 2022, MPS's total emissions were about 29,404,000 kg CO2e, with Scope 1 emissions at 3,837,000 kg CO2e and Scope 2 emissions at 25,567,000 kg CO2e (market-based). This indicates a reduction in total emissions of approximately 2,263,000 kg CO2e from 2022 to 2023. MPS has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not made any formal climate pledges or commitments to further reduce emissions. Overall, MPS's emissions data reflects a commitment to monitoring and managing their carbon footprint, although further transparency regarding reduction strategies and long-term climate goals would enhance their sustainability profile.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,604,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 16,967,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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Monolithic Power Systems'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.
Monolithic Power Systems 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.
