Cirrus Logic Inc

Common Name
Cirrus Logic
Country
United States
Sector
Technology
Industry
Semiconductors
Employees
1,609
Ticker
CRUS
Exchange
NASDAQ/NGS
Description
Cirrus Logic Inc. is a leading semiconductor company known for developing high-precision analog and mixed-signal integrated circuits. These ICs are critical for audio and voice signal processing, maki...

Cirrus Logic's GHG Emissions Data Preview

In 2023, Cirrus Logic 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).

Cirrus Logic has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Cirrus Logic's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Cirrus Logic amounted to 7,735 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Cirrus Logic increased by 2.42%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Cirrus Logic's Scope 1 Emissions Over Time

2021202220230150300450600tCO2e+15%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Cirrus Logic's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Cirrus Logic were 520 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Cirrus Logic reduced its Scope 1 emissions over time?

Since 2021, Cirrus Logic's Scope 1 emissions have increased by 5.26%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Cirrus Logic's Scope 1 emissions decreased by 8.77%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Cirrus Logic's Scope 2 emissions?

In 2023, Cirrus Logic reported Scope 2 greenhouse gas (GHG) emissions of 1,659 tCOâ‚‚e using the market-based method, and 7,215 tCOâ‚‚e using the location-based method.

Has Cirrus Logic reduced its Scope 2 emissions over time?

Since 2021, Cirrus Logic's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Cirrus Logic 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Cirrus Logic's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Cirrus Logic 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Cirrus Logic use for Scope 2 reporting?

In 2023, Cirrus Logic reported its Scope 2 emissions using the market-based method and using the location-based method.

Cirrus Logic's Scope 2 Emissions Over Time

20212022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Cirrus Logic's Value Chain Emissions

In 2023, Cirrus Logic reported 278,236 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Cirrus Logic includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Cirrus Logic's Scope 3 Emissions Over Time

202120222023070 k140 k210 k280 ktCO2e+11%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Cirrus Logic's Scope 3 emissions?

In 2023, Cirrus Logic reported total Scope 3 emissions of 278,236 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Cirrus Logic reduced its Scope 3 emissions over time?

Since 2021, Cirrus Logic's Scope 3 emissions have increased by 33.58%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Cirrus Logic's Scope 3 emissions increased by 20.32%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Cirrus Logic disclose?

In 2023, Cirrus Logic reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Cirrus Logic's Scope 3 emissions?

In 2023, the largest contributors to Cirrus Logic's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 261,047 tCOâ‚‚e (94.6%)
  • Capital Goods (Cat. 2): 6,726 tCOâ‚‚e (2.44%)
  • Business Travel (Cat. 6): 2,730 tCOâ‚‚e (0.99%)

Cirrus Logic's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(2.4%)Purchased Goods andServices (Cat. 1)(94.6%)

Insights into Cirrus Logic's Total Carbon Footprint

In 2023, Cirrus Logic reported a total carbon footprint of 285,971 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.75% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Cirrus Logic's total carbon footprint was Scope 3 emissions, accounting for 97.3% of the company's total carbon footprint, followed by Scope 2 emissions at 2.52%.