Solomon Systech
Solomon Systech Limited, a prominent player in the machinery and equipment sector, is headquartered in Hong Kong. Founded in 1999, the company has established itself within the niche of machinery and equipment not elsewhere classified (29), focusing on innovative solutions for the semiconductor and display industries.
With a commitment to excellence, Solomon Systech offers a range of core products, including display driver ICs and power management solutions, which are distinguished by their high performance and energy efficiency. The company has achieved significant milestones, positioning itself as a leader in the market, particularly in Asia and beyond.
Recognised for its technological advancements and robust product portfolio, Solomon Systech continues to drive innovation, catering to the evolving needs of its global clientele.
-4 vs industry average
Solomon Systech’s score of 22 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Machinery and Equipment has above-average carbon intensity
Industry performance
The Machinery and Equipment industry has reduced its overall emissions by 12% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Solomon Systech's reported carbon emissions
Solomon Systech, headquartered in Hong Kong and operating in the Machinery and equipment n.e.c. (29) industry, reported a total of approximately 15.7 million kg CO2e in 2024. This total includes Scope 1 emissions of approximately 6,860 kg CO2e, Scope 2 emissions of about 502,370 kg CO2e, and Scope 3 emissions amounting to approximately 13.3 million kg CO2e. In 2023, the company's Scope 1 emissions were approximately 7,530 kg CO2e, and Scope 2 emissions were about 531,630 kg CO2e. In 2022, Scope 1 emissions were around 6,970 kg CO2e and Scope 2 emissions were approximately 642,510 kg CO2e. For 2021, Solomon Systech reported Scope 1 emissions of about 8,560 kg CO2e and Scope 2 emissions of approximately 4 million kg CO2e. Solomon Systech has set near-term reduction targets. The company aims to reduce GHG emissions by 0.2% gradually by 2025, using 2021 as a baseline year for both Scope 1 and Scope 2 emissions. The reported data indicates that for 2024, Scope 1 emissions were below the 2021 baseline, while Scope 2 emissions in 2024 were lower than in 2021.
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Solomon Systech’s Climate Goals (2030 & 2050)
2 goals2025
0.2% reduction in Scope 1
Reduce GHG emissions by 0.2% gradually by 2025, using 2021 as the baseline year.
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.
See all 2 climate goals
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Solomon Systech
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