In 2023, Dolby Laboratories 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).
Dolby Laboratories has also provided a category-level breakdown for 12 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 | 975a | 1,030a | 1,109a | |
Total Scope 2 | ||||
Market-Based | 0a | 0a | 2,473a | |
Location-Based | 4,592a | 4,302a | 4,121a | |
Total Scope 3 | 83,005a | 77,883a | 68,579a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.7501a | 0.8215a | 0.8656a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Dolby Laboratories amounted to 5,567 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 Dolby Laboratories increased by 4.41%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Dolby Laboratories were 975 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Dolby Laboratories's Scope 1 emissions have decreased by 16.45%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Dolby Laboratories's Scope 1 emissions decreased by 5.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Dolby Laboratories reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 4,592 tCO₂e using the location-based method.a
Since 2019, Dolby Laboratories's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 20.18%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2022), Dolby Laboratories's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Dolby Laboratories's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Dolby Laboratories reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Dolby Laboratories reported 83,005 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 Dolby Laboratories includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Dolby Laboratories reported total Scope 3 emissions of 83,005 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 65.59% of these emissions originated from upstream activities such as purchased goods and capital goods, while 34.41% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Dolby Laboratories's Scope 3 emissions have decreased by 44.9%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), Dolby Laboratories's Scope 3 emissions remained relatively stable, indicating that Dolby Laboratories's emissions have plateaued with no significant change in its value chain footprint.a
In 2023, Dolby Laboratories reported emissions for 12 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 Dolby Laboratories's Scope 3 emissions were:a
In 2023, Dolby Laboratories reported Scope 1 greenhouse gas (GHG) emissions of 975 tCO₂e and total revenues of USD 1,300 millions. This translates into an emissions intensity of 0.75 tCO₂e per millions USD.a
In 2023, Dolby Laboratories reported a Scope 1 emissions intensity of 0.75 tCO₂e per millions USD. Compared to the peer group median of 5.54, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Dolby Laboratories ranked 6 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Dolby Laboratories is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Dolby Laboratories reported a total carbon footprint of 88,572 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.44% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Dolby Laboratories's total carbon footprint was Scope 3 emissions, accounting for 93.71% of the company's total carbon footprint, followed by Scope 2 emissions at 5.18%.a