GlobalFoundries Inc

Common Name
GlobalFoundries
Country
United States
Sector
Technology
Industry
Semiconductors
Employees
13,000
Ticker
GFS
Exchange
NASDAQ/NGS
Website
gf.com
Description
GlobalFoundries Inc. is a leading multinational semiconductor contract manufacturing and design company. Specializing in the production of integrated circuits on silicon wafers, it serves a wide range...

GlobalFoundries's GHG Emissions Data Preview

In 2023, 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)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 GlobalFoundries's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of GlobalFoundries amounted to 1,897,568 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 GlobalFoundries decreased by 13.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

GlobalFoundries's Scope 1 Emissions Over Time

2018201920202021202220230400 k800 k1.2 M1.6 MtCO2e-1%-21%+14%-6%-23%
  • Total Scope 1
  • Year-over-Year Change

What are GlobalFoundries's Scope 1 emissions?

In 2023, the total Scope 1 emissions of GlobalFoundries were 957,489 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has GlobalFoundries reduced its Scope 1 emissions over time?

Since 2018, GlobalFoundries's Scope 1 emissions have decreased by 35.8%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), GlobalFoundries's Scope 1 emissions decreased by 23.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are GlobalFoundries's Scope 2 emissions?

In 2023, GlobalFoundries reported Scope 2 greenhouse gas (GHG) emissions of 822,082 tCOâ‚‚e using the market-based method, and 940,079 tCOâ‚‚e using the location-based method.

Has GlobalFoundries reduced its Scope 2 emissions over time?

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

What methodology does GlobalFoundries use for Scope 2 reporting?

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

GlobalFoundries's Scope 2 Emissions Over Time

2018201920202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into GlobalFoundries's Value Chain Emissions

In 2023, GlobalFoundries reported 697,942 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 GlobalFoundries includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

GlobalFoundries's Scope 3 Emissions Over Time

2021202220230250 k500 k750 k1 MtCO2e-3%-16%
  • Total Scope 3
  • Year-over-Year Change

What are GlobalFoundries's Scope 3 emissions?

In 2023, GlobalFoundries reported total Scope 3 emissions of 697,942 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.

Compared to the previous year (2022), GlobalFoundries's Scope 3 emissions decreased by 16.39%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does GlobalFoundries disclose?

In 2023, GlobalFoundries 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 GlobalFoundries's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 449,425 tCOâ‚‚e (64.39%)
  • Fuel- and Energy-Related Services (Cat. 3): 175,037 tCOâ‚‚e (25.08%)
  • Upstream Transportation and Distribution (Cat. 4): 26,380 tCOâ‚‚e (3.78%)

GlobalFoundries's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(3.8%)Purchased Goods andServices (Cat. 1)(64.4%)Fuel- andEnergy-RelatedServices (Cat. 3)(25.1%)

Insights into GlobalFoundries's Total Carbon Footprint

In 2023, GlobalFoundries reported a total carbon footprint of 2,595,510 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to GlobalFoundries's total carbon footprint was Scope 1 emissions, accounting for 36.89% of the company's total carbon footprint, followed by Scope 2 emissions at 36.22%.