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GlobalFoundries Inc
GlobalFoundries's GHG Emissions Data Preview
In 2024, GlobalFoundries 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).
GlobalFoundries has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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cVerified Sources Behind GlobalFoundries’s Greenhouse Gas (GHG) Emissions Data
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Insights into GlobalFoundries's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofGlobalFoundries amounted to1,718,541metric 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 2023, the total operational greenhouse gas (GHG) emissions of GlobalFoundriesdecreased by 9.44%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
GlobalFoundries's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are GlobalFoundries's Scope 1 emissions?
In 2024, the total Scope 1 emissions of GlobalFoundries were 989,127 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has GlobalFoundries reduced its Scope 1 emissions over time?
Since 2019, GlobalFoundries's Scope 1 emissions have decreased by 33.09%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), GlobalFoundries's Scope 1 emissions increased by 3.3%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are GlobalFoundries's Scope 2 emissions?
In 2024, GlobalFoundries reported Scope 2 greenhouse gas (GHG) emissions of 644,587 tCOâ‚‚e using the market-based method and 729,414 tCOâ‚‚e using the location-based method.a
Has GlobalFoundries reduced its Scope 2 emissions over time?
Compared to the previous year(2023), GlobalFoundries's Scope 2 emissions(Location-Based) fell by 22.41% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
What methodology does GlobalFoundries use for Scope 2 reporting?
In 2024, GlobalFoundries reported its Scope 2 emissions using the market-based method and using the location-based method.a
GlobalFoundries's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into GlobalFoundries's Value Chain Emissions
In 2024, GlobalFoundries reported 643,208 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of GlobalFoundries includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
GlobalFoundries's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are GlobalFoundries's Scope 3 emissions?
In 2024, GlobalFoundries reported total Scope 3 emissions of 643,208 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
Compared to the previous year (2023), GlobalFoundries's Scope 3 emissions remained relatively stable, indicating that GlobalFoundries's emissions have plateaued with no significant change in its value chain footprint.ab
What categories of Scope 3 emissions does GlobalFoundries disclose?
In 2024, GlobalFoundries reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of GlobalFoundries's Scope 3 emissions?
In 2024, the largest contributors to GlobalFoundries's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 398,621 tCOâ‚‚e(61.97%)
- Fuel- and Energy-Related Services (Cat. 3): 177,581 tCOâ‚‚e(27.61%)
- Upstream Transportation and Distribution (Cat. 4): 25,594 tCOâ‚‚e(3.98%)
GlobalFoundries's Scope 3 Emissions by Categories
Insights into GlobalFoundries’s GHG Emissions Intensity Compared to Industry Peers
In 2024, GlobalFoundries reported Scope 1 greenhouse gas (GHG) emissions of 989,127 tCOâ‚‚e and total revenues of USD 6,750 millions. This translates into an emissions intensity of 146.54 tCOâ‚‚e per millions USD.a
GlobalFoundries's Scope 1 Emissions Intensity Compared to Peers
How does GlobalFoundries's GHG emissions intensity compare to its peers?
In 2024, GlobalFoundries reported a Scope 1 emissions intensity of 146.54 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.73, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does GlobalFoundries rank on GHG emissions intensity within its industry?
In 2024, GlobalFoundries ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places GlobalFoundries among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into GlobalFoundries's Total Carbon Footprint
In 2024, GlobalFoundries reported a total carbon footprint of 2,361,749 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.01% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to GlobalFoundries's total carbon footprint was Scope 1 emissions, accounting for 41.88% of the company's total carbon footprint, followed by Scope 2 emissions at 30.88%.a