In 2023, GigaDevice Semiconductor 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).
GigaDevice Semiconductor has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 226.16a | 60.2a |
Total Scope 2 | ||
Unspecified Calculation Method | 6,095.22a | 4,643.34a |
Total Scope 3 | 851.24a | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.279a | 0.0516a |
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In 2023, the total operational greenhouse gas (GHG) emissions of GigaDevice Semiconductor amounted to 6,321.38 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 GigaDevice Semiconductor increased by 34.4%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of GigaDevice Semiconductor were 226.16 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), GigaDevice Semiconductor's Scope 1 emissions increased by 275.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, GigaDevice Semiconductor reported Scope 2 greenhouse gas (GHG) emissions of 6,095.22 tCO₂e without specifying the calculation method.a
Compared to the previous year (2022), GigaDevice Semiconductor's Scope 2 emissions (Unspecified Calculation Method) rose by 31.27% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2023, GigaDevice Semiconductor reported its Scope 2 emissions using an unspecified methodology.a
In 2023, GigaDevice Semiconductor reported 851.24 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 GigaDevice Semiconductor includes a breakdown across 1 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, GigaDevice Semiconductor reported total Scope 3 emissions of 851.24 metric tons of CO₂ equivalent (tCO₂e).a
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.a
In 2023, GigaDevice Semiconductor reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to GigaDevice Semiconductor's Scope 3 emissions were:a
In 2023, GigaDevice Semiconductor reported Scope 1 greenhouse gas (GHG) emissions of 226.16 tCO₂e and total revenues of USD 811 millions. This translates into an emissions intensity of 0.28 tCO₂e per millions USD.a
In 2023, GigaDevice Semiconductor reported a Scope 1 emissions intensity of 0.28 tCO₂e per millions USD. Compared to the peer group median of 4.65, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, GigaDevice Semiconductor ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
GigaDevice Semiconductor is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, GigaDevice Semiconductor reported a total carbon footprint of 7,172.62 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 52.49% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to GigaDevice Semiconductor's total carbon footprint was Scope 2 emissions, accounting for 84.98% of the company's total carbon footprint, followed by Scope 3 emissions at 11.87%.a