In 2023, Axcelis Technologies completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Axcelis Technologies has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,411a | 5,572a | N/A | |
Total Scope 2 | ||||
Market-Based | 1,669a | 3,866a | N/A | |
Location-Based | 5,812a | N/A | N/A | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 2,015,713a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.017a | 6.0565a | N/A |
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In 2023, the total operational greenhouse gas (GHG) emissions of Axcelis Technologies amounted to 9,223 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Axcelis Technologies decreased by 2.28%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Axcelis Technologies were 3,411 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Axcelis Technologies's Scope 1 emissions have increased by 10.86%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Axcelis Technologies's Scope 1 emissions decreased by 38.78%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Axcelis Technologies reported Scope 2 greenhouse gas (GHG) emissions of 1,669 tCO₂e using the market-based method and 5,812 tCO₂e using the location-based method.a
In 2023, Axcelis Technologies reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Axcelis Technologies reported 2,015,713 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Axcelis Technologies includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2023, Axcelis Technologies reported total Scope 3 emissions of 2,015,713 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 8.98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 91.02% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2023, Axcelis Technologies reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2023, the largest contributors to Axcelis Technologies's Scope 3 emissions were:a
In 2023, Axcelis Technologies reported Scope 1 greenhouse gas (GHG) emissions of 3,411 tCO₂e and total revenues of USD 1,131 millions. This translates into an emissions intensity of 3.02 tCO₂e per millions USD.a
In 2023, Axcelis Technologies reported a Scope 1 emissions intensity of 3.02 tCO₂e per millions USD. Compared to the peer group median of 1.38, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Axcelis Technologies ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Axcelis Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Axcelis Technologies reported a total carbon footprint of 2,024,936 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21,355.14% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Axcelis Technologies's total carbon footprint was Scope 3 emissions, accounting for 99.54% of the company's total carbon footprint, followed by Scope 2 emissions at 0.29%.a