As of 2024, Applied Materials has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Applied Materials ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2024, Applied Materials has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b
As of 2024, Applied Materials has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Applied Materials's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 113,901 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
Instead of reducing operational emissions, Applied Materials has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a
As of 2024, Applied Materials has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a b
Applied Materials's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 0.001 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added in 2019. a b
As of 2024, Applied Materials is ahead of schedule on its value chain emissions reduction target, having achieved 49.09% of the planned reduction. a b