Dolby Laboratories Inc

Common Name
Dolby Laboratories
Country
United States
Sector
Industrials
Industry
Specialty Business Services
Employees
2,080
Ticker
DLB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Dolby Laboratories Inc. specializes in audio, video, and voice technologies for cinema, television, and entertainment industries. Known for its high-quality sound and visual solutions, Dolby offers va...

Dolby Laboratories's Climate Target Data Preview

As of 2023, Dolby Laboratories has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets 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 Dolby Laboratories ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2030
Absolute-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2030
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Unspecified Product Sold/Delivered
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a
2030
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Verified Sources Behind Dolby Laboratories’s Climate Targets Data

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a. Dolby Laboratories's CDP Climate sourced from company’s website 2023
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b. Dolby Laboratories's Sustainability Report 2023
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Insights into Dolby Laboratories's Greenhouse Gas Emissions Pathways

As of 2023, Dolby Laboratories 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

Does Dolby Laboratories have a target to reduce the emissions from its operations?

As of 2023, Dolby Laboratories has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

Dolby Laboratories's most ambitious operational target is to reduce these emissions by 65% by 2030, compared to a baseline of 5,315 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a b

Dolby Laboratories has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a b

Dolby Laboratories's Operational (Scope 1+2) Emissions Pathway

20192023203001.5 k3 k4.5 k6 kBaselineCurrent (-82%)Target 2030 (-65%)

Does Dolby Laboratories have a target to reduce the emissions from its value chain?

As of 2023, Dolby Laboratories 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

Dolby Laboratories's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 3.82 Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Unspecified Product Sold/Delivered in 2019. a b

Instead of reducing value chain emissions, Dolby Laboratories has increased them, with 2022 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a b

Dolby Laboratories's Value Chain (Scope 3) Emissions Pathway

20192022203002468BaselineCurrent (+31%)Target 2030 (-55%)
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